Greater Noida Authority Plot Scheme: How to Bid and Pay in e-Auctions
Contents
Many people still search for the “Greater Noida authority plot scheme” expecting a form, a draw and a result a few weeks later. For residential plots, that is no longer the usual route. The Greater Noida Industrial Development Authority (GNIDA) now sells plots mainly through online e-auctions. You pick a plot, put down a deposit and bid against others.
This guide explains each step in order, using the most recent GNIDA residential plot e-auction terms we could verify. Treat the numbers as a template. The brochure for each scheme sets the final terms, and those can change.
The short version
- Method: GNIDA releases residential plots in small batches through e-auction, on a rolling basis. At any moment, what exists is a list of specific plots with reserve prices and bid dates.
- Portals: Details are on greaternoidaauthority.in and the bidding platform etender.sbi.
- Tenure: Plots come on a 90-year lease.
- Current status: We could not confirm a residential plot e-auction open today (20 October 2026). The latest GNIDA residential plot scheme we could verify is LOP-05/2025, so check the official site for any live scheme.
How an e-auction differs from a lottery draw
In an older-style scheme, the authority fixed a rate and took applications with registration money. It then allotted plots by lottery, so being drawn was down to luck while the price was known in advance. In an e-auction, the authority publishes specific plots with a reserve price, bidders deposit earnest money, and the highest bid wins. The price is discovered through bidding rather than fixed, and there is no lottery to lose.
Lotteries still exist nearby. For example, the Yamuna Expressway Authority (YEIDA) is a separate body. It scheduled a draw for its RPS-10/2026 residential plot scheme on 18 June 2026, using a lottery-based selection. Do not mix up the two authorities’ rules.
| Point | Lottery / draw scheme | GNIDA e-auction |
|---|---|---|
| How you win | Random draw | Highest bid at or above the reserve price |
| Price you pay | Rate fixed by the authority | Whatever you bid |
| Main risk | Not being drawn | Overpaying to win |
| What you control | Documents and deadlines | Your maximum price and timing |
| Plots on offer | Often a large batch | Specific named plots, often a small batch |
A comparison table from a property-advisory blog frames it the same way. In an auction the odds depend on competition rather than luck, and the main risk is overpaying to win.
Step 1: Find a live scheme and read the brochure
You cannot register once and wait. The practical approach is to watch for a batch with a plot you want, register on the auction portal ahead of time, put down the earnest money and bid.
GNIDA’s site lists each scheme with a code and downloads. The LOP-05/2025 entry, for example, links to the advertisement, scheme brochure and terms, schedule, and the later e-auction date and eligible-bidder list. Download all of them. The brochure holds the reserve prices, payment terms, lease conditions and grounds for rejection.
Step 2: Register on the e-auction portal
The LOP-05/2025 process worked like this:
- Sign up on etender.sbi to get a user ID and password.
- Open the GNIDA website and click apply against the scheme code.
- Deposit the required documents, EMD and processing fee.
The schedule had several separate deadlines. For LOP-05/2025, registration ran from 3 to 25 January 2025. The EMD and processing fee were due by 28 January, documents by 31 January, and the e-auction took place on 17 and 18 March 2025. Missing any one stage can knock you out, so note every date.
Two practical rules from that scheme:
- You must pay the processing fee and EMD for each plot separately. If you win one plot, your bids on the others are locked.
- GNIDA can withdraw or change any plot, and it does not have to accept the highest bid or any bid, even above the reserve price.
Step 3: Pay the EMD
The earnest money deposit (EMD) is your entry ticket. In the recent GNIDA plot schemes, applicants had to deposit 10% of the total premium to participate. A 2024 scheme’s table listed EMD at 10% of the reserve price. Check which base your brochure uses.
For the 2024 scheme, payment options included net banking, NEFT or RTGS for all fees and EMD, a credit card for document and processing fees, and an SBI branch cheque. Your scheme may differ.
If you win, the EMD counts towards your first payment. If you lose, it should be returned. We did not find a refund timeline for GNIDA residential plots, so check the brochure.
Step 4: Understand the reserve price
The reserve price is the lowest bid the authority will accept. In the LOP-05/2025 scheme, no bid below the reserve price was allowed, and bids rose in steps of 1% rounded to the nearest thousand.
The January 2025 batch gives a sense of scale. It had ten plots from 51 to 500 sq m. Reserve prices ran from about Rs 26.75 lakh for a 51 sq m plot in Beta 2 to over Rs 2 crore for a 500 sq m plot in Sigma 2. Seven 220 sq m plots in Sector 2 had reserve prices of roughly Rs 1.14 to 1.20 crore each.
Divide the reserve price by the area to get a per-sq-m figure. Then compare it with recent prices for similar plots nearby. Browse the Greater Noida guide for area context before you set a ceiling.
Step 5: Bid on auction day
Bidding is done online on the portal. Some rules from the LOP-05/2025 terms:
- If a bid comes in during the last 5 minutes, the auction extends by 15 minutes. This repeats until nobody bids in a closing 5-minute window.
- A bid cannot be taken back. One advisory blog says that once a bid is submitted it cannot be withdrawn, so you should decide your maximum price before the auction opens.
- Plots are sold on an “as is, where is” basis, so visit the site first.
The same blog says that when few people bid on a plot, the window is generally extended in further rounds, after which the highest bidder is allotted the plot. That comes from a secondary source, so confirm it in the brochure.
Step 6: Follow the payment schedule
These were the LOP-05/2025 terms. A recent plot batch is likely to be similar, but confirm in your brochure.
| Stage | What you pay | Deadline |
|---|---|---|
| Before the auction | EMD, about 10% of premium | As per scheme schedule |
| First payment | 25% of the total premium, after adjusting EMD and registration fee, without interest | Within 15 days of the allotment letter being emailed |
| Balance 75%, option A | 2% rebate on the bid price for full payment | Within 60 days of the allotment letter |
| Balance 75%, option B | Four quarterly instalments at simple interest of MCLR plus 1% (stated as 10% at the time) | Within one year of the allotment letter |
| Late instalments | 3% penal interest on top of the simple interest | Per instalment due date |
Missing the first payment is costly. In the 2024 scheme, late payment led to cancellation and forfeiture of the EMD. Extensions were rarely granted, limited to one month at a time and up to three times.
The MCLR-linked rate changes. The interest rate follows the SBI MCLR, which is revised every six months. The 10% figure above is from 2025, so do not assume it applies now.
Worked example (illustrative)
This is a hypothetical, not a real auction result. Take a 220 sq m plot with a reserve price of Rs 1,14,00,000 (about Rs 51,800 per sq m). Assume you win at Rs 1,20,00,000 and an EMD of 10% of the reserve price, which is Rs 11,40,000.
- First payment: 25% of Rs 1,20,00,000 is Rs 30,00,000. Less the EMD, you pay Rs 18,60,000 within 15 days.
- Balance: 75% is Rs 90,00,000.
| Option A: pay in 60 days | Option B: four instalments | |
|---|---|---|
| Premium paid so far | Rs 30,00,000 | Rs 30,00,000 |
| Balance | Rs 90,00,000 | Rs 90,00,000 |
| Rebate or interest | Less 2% of bid: Rs 2,40,000 | Plus about Rs 5,62,500 (assumed 10% on the reducing balance) |
| Total outlay | Rs 1,17,60,000 | About Rs 1,25,62,500 |
The gap is roughly Rs 8 lakh. The interest figure assumes Rs 22,50,000 per quarter, a 10% rate and interest on the unpaid balance. Your brochure defines the actual method and start date. These totals also exclude lease rent, stamp duty, registration and other charges.
Step 7: Lease deed and possession
Authority plots are leased, not sold outright. The lease deed is the legal document that gives you the plot for the lease period.
- Term: The lease runs for 90 years. For GNIDA, the land is granted on a 90-year arrangement. Lease rent is a periodic charge paid to GNIDA for using the land.
- Lease rent: This is separate from the purchase amount paid for the plot. We did not find the residential-plot rate in a source we could verify, so read it in your brochure.
- Possession: One report on the January 2025 scheme says possession is granted within 30 days of completing formalities.
- Costs: GNIDA’s allotment-procedure page says stamp duty, registration charges and legal expenses for the lease deed are borne by the allottee. That page may cover other plot categories, so confirm for residential plots.
- Paperwork: GNIDA’s site hosts lease deed formats and possession certificates for residential plots. Read the format before you pay.
Mistakes to avoid
- Bidding without a ceiling. Work it out from comparable prices, not from the excitement of the auction.
- Ignoring the 15-day window. The first 25% payment comes quickly, so arrange funds before you bid.
- Counting only the premium. Add lease rent, stamp duty, registration and construction costs.
- Skipping the site visit. Plots are offered as they stand.
- Relying on unofficial pages. Several blogs repeat old scheme terms. Use GNIDA’s brochure as the final word.
If you would rather not bid on a plot
An auction is not the only way into Greater Noida. If you want a ready flat or a builder project, you can compare options in new projects in Greater Noida, or look at Greater Noida West separately. You can also filter by city and builder on the all projects page.
Do your own legal due diligence on any property. Where there is a lease or transfer involved, a property lawyer’s check is worth the fee.
Frequently asked questions
Is the Greater Noida authority plot scheme a lottery or an auction?
For residential plots, GNIDA has recently used e-auctions rather than lotteries. The highest bid at or above the reserve price wins, as in the LOP-05/2025 scheme.
How much is the EMD in a GNIDA residential plot e-auction?
Recent residential schemes asked for 10% of the premium as the deposit. Some listings show it as 10% of the reserve price, so check the brochure for the plot you want.
Can I withdraw my bid after placing it?
Generally no. An advisory blog on GNIDA auctions says bids cannot be withdrawn once submitted, so set your maximum price before the auction starts.
How do I pay after winning a GNIDA plot auction?
In LOP-05/2025, you pay 25% of the premium within 15 days of the allotment letter, with the EMD adjusted against it. You then pay the balance within 60 days for a 2% rebate on the bid price, or in four quarterly instalments with interest.
How long is the lease on a Greater Noida Authority plot?
The plots are leasehold for 90 years from the date the lease deed is executed. Lease rent is charged separately from the plot premium.
Where do I register for a GNIDA e-auction?
Sign up on the etender.sbi portal and apply against the scheme code through the GNIDA website, greaternoidaauthority.in. Brochures and deadlines are posted on the GNIDA site.
Is a residential plot e-auction open in Greater Noida right now?
We could not confirm one as of 20 October 2026. GNIDA releases plots in small batches, so check its official scheme listings for the current position.
Sources
- Greater Noida Authority plots — how allotment actually works now (Alliance Developers)
- GNIDA Residential Plots through E-Auction, LOP-05/2025 (official GNIDA site)
- GNIDA Allotment Procedure (official GNIDA site)
- Greater Noida Residential Plots Scheme: Important dates, how to apply, allotment process (99acres)
- GNIDA New Residential Plot Scheme (LOP-05/2025) (PM Govt Scheme Hub)
- GNIDA New Residential Plot Scheme (LOP-05/2025) (PM Govt Scheme Info)
- GNIDA New Residential Plot Scheme (LOP-05/2025) (Sarkari Bhatta)
- GNIDA New Residential Plot Scheme 2025 (PM Modi Yojana)
- Greater Noida Authority launches e-auction for residential plots (PropNewsTime)
- GNIDA Residential Plots E-Auction, LOP-04/2024 (OneNDF)
- Greater Noida Authority Housing Scheme 2026: Flats, Plots and How the E-Auction Works (Prateek Properties)
- GNIDA Lease Deed & Transfer Memorandum 2026: Buyer Guide (Sobha)
- YEIDA Set to Conduct Residential Plot Draw for RPS-10/2026 (CliQ India)
- GNIDA announcement of LOP-05/2025 e-auction (GNIDA on X)
Updated 20 October 2026. This article is general information, not legal or financial advice; check current rules and project details before you decide.
