More than seven years after they were allotted land by the
Yamuna Expressway Industrial Development Authority (YEIDA), relief is in store
for some of its 21,000 individual allottees.
The Authority is getting ready to hand over possession of
more than 6,000 residential plots and flats in the next three months. The first
batch of 3,055 allottees has already been issued possession letters by the
Authority in January and February this year. This is a major boosts for the residential property in Noida.
According to officials, 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. Further, the
chief executive officer added that they will be handing over possession to
allottees holding plot sizes of 300 to 500 metres each.
The official additionally confirmed that while 435 plots
will be handed over in pockets 2A and 2C in Sector 18, 666 plots will be handed
over in pockets O and Q in Sector 20. Nine hundred plots will also be given in
Sector 22D, while 4,028 flats will be handed over in Sector 22A.
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Mr .Singh said that so far they had given possession to 55
allottees holding plots measuring 400 metres in pockets A and B of Sector 20.
Elaborating on the plots already allotted. In all, 3,000 plots of 300 metres
and 500 metres have also been delivered to applicants in pockets I and J of
Sector 18 and in pockets U and T in Sector 20. He has, in principle, approved
the distribution of Rs 65 core as enhanced compensation to able to pass an
additional 6,200 plots and flats. While 4,200 flats will be [assed in Sector 22
and long with that 1,100 plots will be passed in sectors 18 and 20 and 900
plots in Sector 22D.
According to YEIDA officials, allottees are facing a delay
in securing possession of their plots due to farmer agitations.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
ordered YEIDA to pay increased compensation to farmers.
The Apartments inNoida will surely be benefited with this move.
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