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YEIDA initiates offering possession of delayed plots

YEIDA (Yamuna Expressway Industrial Development Authority) has finally initiated offering possessions letters to plot allottees under residential plot scheme 2009. The first lot of 55 allottees has been issued possession letters by the Authority. Another 1600 plots owners will be handed over possession by mid-2017, another 4800 will receive possession next year.

Firstly, 55 plots, twenty owners of 4,000 square meter plots and thirty-five owners of 2,000 square meter plots in Yamuna Expressway. Authority is trying to hand over possession of 1633 plots, these plots measure 300 and 500 square meters and are located in 18 and 20 sector. Allottees are facing a delay in getting possession of their plots due to farmer agitations. Farmers of nearly 77 villages in the area have been agitating for a hiked compensation which is approved by state government in 2014.

YEIDA indicated about Rs 300 crore has already paid to farmers for land in sector 20 of the YEIDA area. The Authority is in the process of taking over possession of sector 18, which has nearly 7000 allotted plots. As and when acquisition and development of the plots are completed, the allottees will be handed over the possession of the same.

January 9, 2017 / by / in , , , , , , , , , ,