Owners of plots are requesting a timeline from YEIDA for handover
Real Estate

Owners of plots are requesting a timeline from YEIDA for handover

After receiving letters from YEIDA demanding payment of a pending amount, the Yamuna Expressway Entrepreneurs Association has requested a timeline for physical possession of industrial plots.

Association president Tejveer Rana said that the majority of allottees have paid 60 to 70% of their dues, while some have paid the entire amount, and were promised plot delivery within three years, but it has now been more than six years. They are willing to pay the full amount but have requested that YEIDA provide a timeline for possession. The authority hasn't given us a deadline for receiving the plots that have been developed.

Industrial plot schemes were launched by YEIDA in 2013 and 2014, but the draw was postponed for the next two years. Around 800 industrial allottees who were awarded plots in sectors 32 and 33 received letters in August 2015. On October 27, the authority announced a one-time settlement scheme, and officials began contacting allottees to collect their final dues.

Arun Vir Singh, the Authority's CEO, said that possession has already been offered.

Singh said that in some areas, development work is underway.

They will be ready in a few months as well. Allottees, on the other hand, must pay on time.

The allottees who were awarded plots in the two sectors must pay YEIDA about Rs 208 crore. The association filed a petition in the Allahabad high court in November 2019 challenging the authority's demand for additional compensation payments for farmers. Even though the plots were initially offered at Rs 5,500 per sq m, YEIDA later demanded an additional Rs 600.

Image Source

After receiving letters from YEIDA demanding payment of a pending amount, the Yamuna Expressway Entrepreneurs Association has requested a timeline for physical possession of industrial plots. Association president Tejveer Rana said that the majority of allottees have paid 60 to 70% of their dues, while some have paid the entire amount, and were promised plot delivery within three years, but it has now been more than six years. They are willing to pay the full amount but have requested that YEIDA provide a timeline for possession. The authority hasn't given us a deadline for receiving the plots that have been developed. Industrial plot schemes were launched by YEIDA in 2013 and 2014, but the draw was postponed for the next two years. Around 800 industrial allottees who were awarded plots in sectors 32 and 33 received letters in August 2015. On October 27, the authority announced a one-time settlement scheme, and officials began contacting allottees to collect their final dues. Arun Vir Singh, the Authority's CEO, said that possession has already been offered. Singh said that in some areas, development work is underway. They will be ready in a few months as well. Allottees, on the other hand, must pay on time. The allottees who were awarded plots in the two sectors must pay YEIDA about Rs 208 crore. The association filed a petition in the Allahabad high court in November 2019 challenging the authority's demand for additional compensation payments for farmers. Even though the plots were initially offered at Rs 5,500 per sq m, YEIDA later demanded an additional Rs 600. Image Source

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?