Industry

YEIDA gives Greenbay Infrastructure June 30 deadline to deposit Rs 110 crore

Representative Image NOIDA: The Yamuna Expressway authority has given Greenbay Infrastructure a deadline of June 30 to deposit Rs 110 crore, an instalment that the developer has defaulted on, failing which it will cancel the allotment of 100 acres of land for a township in Sector 22D. The land was allotted to Greenbay in Feb 2011. The developer subleased a portion of this to Emerald Properties in Jan 2014 for a group housing project. It later launched Golf Village township, which comprises 691 plots, of which registries for 300 have been completed till now. Officials of the Yamuna Expressway Industrial…