India, March 29 -- The Yamuna Expressway Industrial Development Authority (Yeida) on Friday in its board meeting raised the land allotment rates, making the property prices costlier for the new buyers, and also approved a budget of Rs.9,991 crore budget for FY 2025-26.

Yeida has increased the allotment rates for all the categories including residential, commercial, industrial, group housing, institutional and other categories too. The hike is in the range of 20 to 110%, drawing flak from the property buyers.

Yeida said it has revised the land allotment rates and also approved a Rs.9,991 crore budget, keeping in mind the prevalent market rates and requirements.

It hiked allotment rates at which the property is sold or auctioned by 110% ...