Register in a month or face action: Yeida to 366 allottees
GREATER NOIDA, Nov. 25 -- The Yamuna Expressway Industrial Development Authority (Yeida) on Monday said that it has issued fresh notices to 366 allottees of industrial plots, directing them to register for their respective plots or face action. Officials said that they will cancel the allotment, if they fail to execute the registry within a month.
"We gave the allottees several warnings in the past and allowed the registry without any delay fee. However, the authority has still not taken action against them, allowing them more time for registration," said Shailendra Bhatia, officer on special duty, Yeida.
The authority had decided to issue notice to allottees, who got the plots allotted in 2013 and 2021, among others. In an order dated November 7, 2024, the Yeida had directed these allottees to register by December 31, 2024.
However, they did not, citing that the authority is yet to develop basic infrastructure including roads, drainage network, parks, and water supply, among others.
Around 40 allottees, who got the plots in 2013, said that they will register once the authority waives the interest imposed on their plot cost, added officials.
Later, the Yeida in its 83rd board meeting in January 2025 approved a decision that these allottees must be given additional time till May 31, 2025 and no fee should be imposed for the delay, said officials.
The Yamuna Expressway Entrepreneur Association (YEEA) said that they are ready to execute the registry if the authority accepts demands of allottees. "We demand a zero period that means waivers of interest from the date of allotment. It was the authority that had delayed the possession and we suffered," said Imran Ghani, YEEA secretary....
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