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,…

Latest StoriesRegulatory

HC Upholds YEIDA’s Decision to Cancel Greenbay Land Allotment

NOIDA: The Allahabad High Court’s Lucknow bench has issued an injunction against the Yamuna Expressway Industrial Development Authority (YEIDA) from canceling Greenbay Infrastructure’s land allotment for its 100-acre township project in Sector 22D. YEIDA is prohibited from proceeding with the cancellation until the state government addresses the company’s two revision applications seeking relief under the “zero period” policy, which concerns non-possession of 30-35% of the land. The “zero period” policy allows developers some relief from interest and penalties on unpaid land dues for projects that have been stalled. This interim order, issued on July 30, came just one day before…

IndustryLatest Stories

U.P. Grants 14-Year Waiver for Sunworld City Township

Representative image created by AI NOIDA: The Uttar Pradesh government has instructed the Yamuna Expressway Industrial Development Authority (YEIDA) to provide a 14-year ‘zero period’ waiver for Sunworld City’s stalled township project in Sector 22D. This decision follows revelations that approximately 20 acres allocated for the development were never acquired when YEIDA transferred the land to the developer in 2011. The state’s industrial development department, which reviewed a petition from Sunworld City Pvt Ltd, directed YEIDA to waive not just the penal interest but also the extension charges and related dues for the 20 acres from 2011 to the present.…

Latest StoriesResidential

YEIDA Draw for Sector 18 Residential Plots Set for July 11

Representative image created by AI NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to conduct a draw for its residential plot scheme in Sector 18 this Friday. Launched on April 21, the scheme offers 276 plots of 200 sqm each and has attracted over 54,000 applications during the month-long registration period. The draw will commence at 10 AM at India Expo Mart, overseen by a panel of three retired High Court judges to ensure transparency. OSD Shailendra Bhatia noted that arrangements are in place for approximately 2,000 attendees to watch the draw live. The entire event will be…