u/ConnectionLow4868

High plot return idea-YEIDA village Land Acquisition

These days I am in touch with few YEIDA brokers and one of them told me an idea- I want you bounce it here and if anyone experienced it or tried it.

So YEIDA will acquire land in notified villages and give owners compensation. Broker told me there is 1 beghaa land who market value is current 36 lakh and compensation when YEIDA acquires in 6 months is also 36 lakhs. However YEIDaA will also give a plot of 60-70 Sq metre which is around 35 lakhs. So that’s 100 percent profit in 6 months assuming I can sell the plot. Too good to be true?
What are the things to take care these schemes?

reddit.com
u/ConnectionLow4868 — 6 days ago

Wanted to know if anyone has views on plots offered by Saharanpur Authority on draw of lots. Price is around 35k per Sq yard. Name is Ma Shakambari Devi Yojana-it’s a government scheme like YEIDA ( Yeida is more premium obviously)

Is it good for investment?
Any premium on resale immediately?

I know Yeida has plots in same price but let’s be honest its next to impossible to get in draw (I have applied this time)

Let me know if it’s Saharanpur plots offered by government are overpriced, or dead schemes, any premium on resale immediately etc.

reddit.com
u/ConnectionLow4868 — 6 days ago

Wanted to know if anyone has views on plots offered by Saharanpur Authority on draw of lots. Price is around 35k per Sq yard.

Is it good for investment?
Any premium on resale immediately?

I know Yeida has plots in same price but let’s be honest its next to impossible to get in draw (I have applied this time)

Let me know if it’s Saharanpur plots offered by government are overpriced, or dead schemes, any premium on resale immediately etc.

reddit.com
u/ConnectionLow4868 — 7 days ago

Wanted to know if anyone has views on plots offered by Saharanpur Authority on draw of lots. Price is around 35k per Sq yard.

Is it good for investment?
Any premium on resale immediately?

I know Yeida has plots in same price but let’s be honest its next to impossible to get in draw (I have applied this time)

Let me know if it’s Saharanpur plots offered by government are overpriced, or dead schemes, any premium on resale immediately etc.

reddit.com
u/ConnectionLow4868 — 7 days ago