Yamuna Expressway Authority to Give Possession of 6,000 Plots/Flats in Next 3 Months

Latest Housing News, Schemes & Projects | By Rajkumar

After a long delay of seven years in the possession of YEDIA plots and flats, Yamuna Expressway Industrial Development Authority (YEIDA) has finally providing a hope to the allottees of 6,000 flats and plots. According to the information received from the source, YEDIA is ready to hand over the possession of 6,000 flat/plots in the next three months.

The first 3,055 allottees have already been issued possession letters by the Authority in January and February this year.

The CEO of YEIDA, Arunvir Singh informed that the 6,029 plots and flats will be located in sectors 18, 20, 22A and 22D. Allotment of this property was done between 2009 and 2013. We will be handing over possession to allottees holding plot sizes of 300 to 500 metres each.

As per the information, 4,028 flats and 900 plots will be handed over in Sector 22A and Sector 22D respectively. While 435 plots in pockets 2A and 2C in Sector 18 and 666 plots in pockets O and Q of Sector 20 will also be handed over.

Plots having a size of 400 meter at pockets A and B of Sector 20 had handed over earlier to 55 allottees. Giving information about already allotted plots, the source said that in all, 3,000 plots of 300 metres and 500 metres have also been given to allottees in pockets I and J of Sector 18 and in pockets U and T in Sector 20.

In principle, approved the distribution of Rs 65 crore as enhanced compensation to farmers whose land had been acquired within another month.

With this distribution, we will be able to clear an additional 6,200 plots and flats. While 4,200 flats will be cleared in Sector 22D, 1,100 plots will be cleared in sectors 18 and 20 and 900 plots in Sector 22D,” .

Farmers from over 77 villages in the area have been agitating for a hiked compensation of 64.7% for their acquired land. In August 2014, the Uttar Pradesh government had directed YEIDA to pay enhanced compensation to farmers.

Source: https://realty.economictimes.indiatimes.com/news/residential/yamuna-expressway-authority-to-hand-over-6000-flats-plots-in-three-months/57909281

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