Tag: Yamuna Expressway Industrial Development Authority

Latest StoriesResidential

No OTS Extension: 7,200 Plot Allottees Face Recovery by March 2026

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has declined to extend the deadline for its one-time settlement (OTS) scheme. As a result, approximately 7,200 plot allottees who defaulted are at risk of recovery actions unless they settle their dues by February 28. This decision was made during YEIDA’s 88th board meeting on Friday, presided over by Chairman Alok Kumar, who is also the additional chief secretary for industrial development. Officials noted that YEIDA has previously conducted the OTS scheme seven times, and the latest opportunity, which commenced on December 1, is the final one. Of the total outstanding dues…

Latest StoriesRegulatory

HC Dismisses YEIDA’s Appeal on Township Land Order

NOIDA: The Allahabad High Court has dismissed review petitions filed by the Yamuna Expressway Industrial Development Authority (YEIDA), upholding its previous order mandating the authority to transfer physical possession of land allocated to Silverline Furnishing and Furnitures Pvt Ltd for a residential township project. A division bench comprising Justices Siddhartha Varma and Ashutosh Srivastava stated that YEIDA failed to highlight any “error apparent on the face of the record” regarding the court’s judgment on November 16, 2023. The bench noted that the review petitions were essentially attempts to reargue the case, which is not allowed in review jurisdiction. The conflict…

Latest StoriesResidential

YEIDA to Offer Residential Plots Near Noida Airport

Representative Image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has revealed plans for a new residential plot scheme near the upcoming Noida International Airport, slated for launch in January. As part of this scheme, YEIDA will offer 973 residential plots in various sizes: 162, 183, 184, 200, 223, and 290 sqm. These plots will be located in Sectors 15C, 18, and 24A, all conveniently close to the airport. Specifically, the scheme includes 476 plots of 162 sqm, 4 plots of both 183 sqm and 184 sqm, 481 plots of 200 sqm, 6 plots of 223 sqm, and 2 plots…

InfrastructureLatest Stories

500 Acres in Sector 11 Set for AI & Finance Hub by Yamuna Expressway

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has designated approximately 500 acres in Sector 11 for creating a specialized hub focused on artificial intelligence (AI) and financial services companies. Officials indicate that the acquisition of most of the land has been completed, and efforts will now shift towards attracting businesses to this sector. YEIDA intends to solicit expressions of interest (EOI) from companies looking to establish operations in this area. In addition to AI and financial services, the land will also cater to data centers, banking technology firms, stock market services, and financial software development companies.…

IndustryLatest Stories

YEIDA Offers One-Year Relief to Plot Allottees, Unveils New Policy

Representative image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) held a board meeting where several important decisions were made to aid plot allottees, enhance mobility, and improve regional infrastructure in preparation for the impending launch of the Noida International Airport. During the meeting on Friday, approvals included time extensions for plot development, a new one-time settlement (OTS) policy, the design approval for the Authority’s new headquarters, and the introduction of hydrogen-fueled buses in collaboration with NTPC. YEIDA extended the deadline for allottees of residential plots who are unable to start construction due to pending land availability and infrastructure issues.…

Latest StoriesResidential

YEIDA to Develop Housing Clusters for Heritage City

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to develop residential and commercial clusters in the Heritage City project at Raya, close to Mathura-Vrindavan, rather than a private developer as initially planned. The project will adopt a public-private partnership (PPP) model to enhance religious, cultural, and tourism infrastructure within the ₹7,200-crore hub of the Braj pilgrim circuit. The project, situated in the proposed Raya Urban Centre, will span 753 acres and feature a heritage-themed township, a 30 km Yamuna riverfront, and a 100-foot statue of Lord Krishna at its center. Additional proposals include wellness and yoga centers, hotels,…

IndustryLatest Stories

Nimbus Projects Gains ₹1,100 Crore Potential from UP Order

The Uttar Pradesh Industrial Development Authority (UPIDA) has instructed the Yamuna Authority to amend the land allotment for Nimbus Projects, granting an additional 1.1 million sq. ft. with a development potential valued at ₹1,100 crore. Following the company’s revision petition, the Principal Secretary of the Industrial Development Department, Uttar Pradesh Government, has directed the Yamuna Expressway Industrial Development Authority to reassess the land allocation, considering the interest previously paid by Nimbus. The revision petition was initiated after the company surrendered 55,219.178 sq. m. of a total of 102,995.70 sq. m. under the Project Settlement Policy (PSP). The Principal Secretary’s order,…

InfrastructureLatest Stories

Illegal colonies on 155-acre Noida airport land demolished

Representative AI image NOIDA: In a significant crackdown on illegal colonies around the Noida International Airport, the Yamuna Expressway Industrial Development Authority (YEIDA) reclaimed nearly 155 acres of land worth ₹2,500 crore in Bulandshahr on Tuesday. This demolition initiative follows a recent TOI article titled “Khosla ka Ghosla, by Invite” which highlighted how land sharks were misleading potential homebuyers with falsely marketed “prime airport plots” in Khair tehsil, Aligarh. On Tuesday, a team led by OSD Shailendra Kumar Singh demolished unauthorized colonies, including Aeronest Coloniser (Jhajhar), Shri Radha Gauri Enclave (Kakod), and Rudra Properties (Kakod) in Jhajhar and Kakod villages.…

InfrastructureLatest Stories

Height Limits Set for 20km Near Noida Airport; YEIDA to Revise Bylaws

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated a revision of its building bylaws to align with the height restrictions outlined by the Airports Authority of India (AAI) for the 20km radius surrounding the Noida International Airport in Jewar. This official decision, taken during a board meeting on Saturday, is set to reshape the skyline for thousands intending to reside, work, or develop industries near one of India’s most ambitious aviation projects. YEIDA’s actions come shortly after the AAI unveiled its Colour-Coded Zoning Map (CCZM), which provides detailed guidelines on the maximum height permissible for…

InfrastructureLatest Stories

YEIDA Approves Developed Plots for Farmers in Hathras, Agra

Representative Image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) held a board meeting on Saturday, approving several significant proposals, including the allocation of developed plots to farmers, the development of 29 smart villages, and the establishment of urban centers in Hathras and Agra. As part of its policy to allocate 7% of acquired land as residential plots for farmers, officials reported that 6,260 allotment letters have been issued across 29 villages, including Rampur Bangar, Atta Gujran, Chandpur, and Dankaur, with land development completed in eight villages. For land acquisitions between 2007 and 2013, a government order dated August 29,…