YEIDA reports Rs 9.82 billion revenue in H1 FY25
Real Estate

YEIDA reports Rs 9.82 billion revenue in H1 FY25

In the first half of the fiscal year, the Yamuna Expressway Industrial Development Authority (YEIDA) generated revenue of Rs 9.82 billion, reflecting an increase of over Rs 2 billion compared to the same period last year, when the earnings were Rs 7.08 billion. However, the Authority's expenses exceeded its revenue, with total spending reaching Rs 13.01 billion during this period.

A significant portion of this expenditure, approximately Rs 7.99 billion, was allocated for land acquisition, more than doubling the Rs 3.62 billion spent in the previous year. Officials indicated that the Authority is focused on building a substantial land bank to facilitate future developments along the expressway corridor.

Land acquisition was not the only area where expenditures increased this year; airport-related expenses rose to Rs 2.04 billion from Rs 1.64 billion the previous year. The budget for development work also saw a modest increase, rising by Rs 40 million to reach Rs 2.14 billion, compared to Rs 2.10 billion last year.

Meanwhile, the revenue for the first half of the fiscal year experienced a significant boost, largely due to a sharp rise in group housing projects. Revenue from this segment surged from Rs 310 million in the same period last year to Rs 4.46 billion this year. This increase was partly attributed to the state government's rehabilitation package for stalled projects, based on recommendations from the Amitabh Kant committee, as noted by officials.

Other revenue sources included Rs 2.70 billion from industrial projects, Rs 100.14 million from commercial developments, Rs 630 million from institutional sectors, and Rs 1.14 billion from residential plots. YEIDA CEO Arun Vir Singh mentioned that the revenue and expenditure figures for the period from April 1 to September 20 would be presented at the board meeting.

For the current financial year, land acquisition remains the Authority's largest expense, with a budget of Rs 60.63 billion allocated for this purpose out of a total budget of Rs 100 billion.

YEIDA has also submitted a proposal to the district administration to acquire 1,700 hectares of land as part of its ongoing strategy to establish a robust land bank for future projects.

In the first half of the fiscal year, the Yamuna Expressway Industrial Development Authority (YEIDA) generated revenue of Rs 9.82 billion, reflecting an increase of over Rs 2 billion compared to the same period last year, when the earnings were Rs 7.08 billion. However, the Authority's expenses exceeded its revenue, with total spending reaching Rs 13.01 billion during this period. A significant portion of this expenditure, approximately Rs 7.99 billion, was allocated for land acquisition, more than doubling the Rs 3.62 billion spent in the previous year. Officials indicated that the Authority is focused on building a substantial land bank to facilitate future developments along the expressway corridor. Land acquisition was not the only area where expenditures increased this year; airport-related expenses rose to Rs 2.04 billion from Rs 1.64 billion the previous year. The budget for development work also saw a modest increase, rising by Rs 40 million to reach Rs 2.14 billion, compared to Rs 2.10 billion last year. Meanwhile, the revenue for the first half of the fiscal year experienced a significant boost, largely due to a sharp rise in group housing projects. Revenue from this segment surged from Rs 310 million in the same period last year to Rs 4.46 billion this year. This increase was partly attributed to the state government's rehabilitation package for stalled projects, based on recommendations from the Amitabh Kant committee, as noted by officials. Other revenue sources included Rs 2.70 billion from industrial projects, Rs 100.14 million from commercial developments, Rs 630 million from institutional sectors, and Rs 1.14 billion from residential plots. YEIDA CEO Arun Vir Singh mentioned that the revenue and expenditure figures for the period from April 1 to September 20 would be presented at the board meeting. For the current financial year, land acquisition remains the Authority's largest expense, with a budget of Rs 60.63 billion allocated for this purpose out of a total budget of Rs 100 billion. YEIDA has also submitted a proposal to the district administration to acquire 1,700 hectares of land as part of its ongoing strategy to establish a robust land bank for future projects.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?