Tag: YEIDA

Latest StoriesResidential

YEIDA Unveils 950+ Housing Plots Post Noida Airport Launch

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to launch a residential scheme near Noida International Airport (NIA) on Monday, offering 973 plots. Officials announced that 17.5% of the plots will be allocated to farmers whose land has been acquired for the development of the Yamuna area and the airport. Additionally, 5% will be reserved for businessmen with functional industrial units in the Authority area. The land rate is set at Rs 36,260 per square meter, and plots, located in sectors 15-C, 18, and 24, will be allocated via a draw. The project launches shortly…

Latest StoriesResidential

Legal Challenges for Jaypee Sports City Buyers Amid Adani Takeover

NOIDA: The National Company Law Tribunal (NCLT) has approved Adani Enterprises’ ₹14,535 crore resolution plan for Jaiprakash Associates Ltd (JAL) in accordance with the Insolvency and Bankruptcy Code, 2016. The future of the stalled Jaypee Sports City project, along with the thousands of homebuyers affected, is now contingent upon the outcome of a simultaneous legal dispute before the Supreme Court. The Supreme Court is scheduled to hear a petition from the developer challenging a March 2025 ruling by the Allahabad High Court, which affirmed the decision made by the Yamuna Expressway Industrial Development Authority (YEIDA) to annul JAL’s allotment of…

InfrastructureLatest Stories

YEIDA to Develop 500-Acre FinTech Hub Near Noida Airport

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has proposed a cutting-edge 500-acre FinTech Hub in Sector 11, near the Noida International Airport, and has released an expression of interest (EOI) for its development. This hub aims to create a premier financial ecosystem and will include essential financial services, transaction processing centers, IT and digital services, and customer support operations, establishing the region as a key FinTech destination. March 18, 2026, is the deadline for submission of applications from potential developers. The EOI also allows for the construction of corporate offices, conference facilities, auditoriums, cultural centers, kiosks,…

InfrastructureLatest Stories

Yamuna Authority Plans 500 Acres for Japan and Singapore Cities

LUCKNOW: The Yamuna Expressway Industrial Development Authority (YEIDA) has submitted a proposal to the state government for the development of Japan City and Singapore City along the Yamuna Expressway, officials reported on Thursday. YEIDA CEO R K Singh stated that the proposal, sent on February 18, notified the state’s Infrastructure and Industrial Development Commissioner about the identified land for these projects within the authority’s jurisdiction. He also mentioned that the authority has developed a land acquisition plan for both initiatives. Singh highlighted that this information was requested in light of Chief Minister Yogi Adityanath’s upcoming official visits to Japan and…

InfrastructureLatest Stories

YEIDA Dismantles Illegal Colony, Clears 25 Acres Near Noida Airport

Sure! Here’s a rewritten version of your content: Representative Image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) took significant action on Monday, reclaiming 25 acres of land valued at Rs 400 crore from illegal housing projects near the upcoming airport. During the operation, officials demolished an unauthorized colony known as “Green City,” which occupied approximately 12 acres in Dayanatpur village. Additional encroachments spanning about 7 acres were also targeted, where illegal plotting was reported. Moreover, a 60-meter-wide road leading to the airport was cleared as well. In a concurrent operation, nearly 6 acres of encroachments were removed in Sabota…

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…

InfrastructureLatest Stories

Aarvee to Create Master Plan for Hathras Urban City

NOIDA: The Yamuna Authority (YEIDA) has engaged Aarvee Engineering Consultants Limited, based in Telangana, to develop a master plan for the nearly 4,000-hectare Hathras Urban City. This blueprint will guide the city’s development for the next two decades, extending to 2041. Aarvee Engineering was chosen through a competitive bidding process, quoting Rs 1.25 crore for their services. The firm is expected to complete the project within nine months from the start date, excluding final statutory approvals. The process will begin with an inception report within 15 days, followed by assessments of existing conditions, vision planning, draft master plan preparation, stakeholder…

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.…