GREATER NOIDA, June 6 -- The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it will execute fresh sublease agreements directly with developers whose projects fall within the Special Development Zone (SDZ) originally allotted to Jaiprakash Associates Limited (JAL).

The announcement follows a March 10 ruling by the Allahabad High Court that upheld Yeida's 2020 decision to cancel JAL's 1,000-hectare land allotment but protected the legal rights of sub-lessees - developers who had acquired portions of the Sports City land for housing projects.

"We have decided to execute the fresh lease after the high court's decision. These developers can now apply through Yeida's online portal to execute new leases with us," s...