YEIDA cancels 16 plots' allotments in Sec 29, 33
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 CEO.
Launched in 2020, the scheme offered 855 plots - 712 in Sector 29 and 143 in Sector 33. YEIDA received 2,785 applications, of which 2,290 were found eligible. The draw was held on October 9, 2020, with 700 successful applicants.
Complaints surfaced soon after, and scrutiny revealed that some applicants lacked required documents but were included in the draw based on verbal instructions, Singh said. Allotment letters stipulated that only one allotment per family - defined as spouse and dependents, officials said.
A committee under the additional CEO probed 43 allotments, finding 28 belonging to 10 families.
Sixteen allotments have been cancelled. "YEIDA will refund the deposited amount to all the affected allottees after deducting 20%," Singh said....
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