GREATER NOIDA, April 29 -- The Yamuna Expressway Industrial Development Authority (YEIDA) on Monday cancelled the allotment of 16 industrial plots after an inquiry found irregularities in the Industrial and Toy Park plot scheme in Sectors 29 and 33.

The probe revealed that multiple members from the same families secured more than one plot by creating separate companies, violating scheme guidelines. "In multiple cases, husbands, wives, and sons created multiple companies to obtain allotments," said Arun Vir Singh, YEIDA chief executive officer.

Launched in 2020 during the Covid-19 pandemic, the scheme offered 855 plots - 712 in Sector 29 for the Industrial Park and 143 in Sector 33 for the Toy Park. YEIDA received 2,785 applications, of ...