Yamuna Expressway Industrial Development Authority cancelled the land allotment of 7 builders over dues

Yamuna Expressway Industrial Development Authority cancelled the land allotment of 7 builders over dues

Yamuna Expressway newsGreater Noida: Yamuna Expressway Industrial Development Authority YEIDA on Friday canceled allotments of 7 builder’s housing land for over dues. The officials said that the process of cancellation of the seven allotments is started.

The list of seven defaulters involve 5 housing builders and 2 institutional groups who owes approx 525 crore dues to the authority.

Arunvir Singh, CEO, YEIDA said that “We have started issuing show-cause notices to the developers as they have not fulfilled their commitments in keeping with the rescheduled payment plan policy offered to them last year”

List of defaulters

  • 3C Homes Pvt Ltd in sector 22A
  • 3C Residency Pvt Ltd in Sector 18
  • HC Infrcity Pvt Ltd in Sector 22D
  • Sukriti Infrcon in Sector 22D
  • Sunwhite Infratech in Sector 18
  • Tyag Buildspace in Sector 17A
  • MMA Grains in Sector 17A

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