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
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?