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. Allottees now have until December 31, 2026, to begin work, extending the previous deadline of December 31, 2025, without any additional fees.
Furthermore, for plot holders whose construction deadline was set for December 31, 2024, the new deadline is December 2025, contingent on the approval of building plans within 45 days and the initiation of construction within 60 days thereafter. However, failure to meet these requirements may result in the cancellation of relief and possible penalties. Given that many plots are still facing incomplete civil and electrical works—approximately 75% to 90% completion—YEIDA decided to grant additional time to genuine allottees.
YEIDA’s statistics indicate that around 30,011 residential plots have been allocated across five sectors—16, 17, 18, 20, and 22D—since 2009, with checklists issued for 16,562 plots and nearly 12,000 registered by allottees.
