A scheme launched by YEIDA On 2 March 2009 with 8,350 plots in sectors 18 and 20 located along the 165 km Yamuna Expressway that connects Greater Noida with Agra. The scheme had plots in size of 4,000 square meters, 2,000 sq mt, 1,000 sq mt, 500 sq mt and 300 sq mt. Later in 2010, the YEIDA expanded the scheme and offered 21,000 plots in this scheme, which was launched without proper land survey.
But till now YEIDA has only been able to offer allotte 55 polts to allottes . The reason behind this delay from last seven years is that 600 acres land which is proposed for the plots was disputed and a case on that between farmers and authority is pending in Allahabad high court .
“We have discussed this issue with farmers and our staff. We have asked farmers to withdraw their cases in the Allahabad high court and get 64% above the compensation amount we have offered to them,” YEIDA chairman Dr Prabhat Kumar said after Monday’s review meeting, where he directed officials to expedite work on giving possession to plot allottees.
“With this approach, we are freeing the land of litigation so we can offer possession to plot allottees. We aim to offer possession to 15,000 allottees by December, 2018,” he said.
As per the developmental work in area roads, parks and other infrastructure in are been under construction in sectors 18 and 20 told by officials.
“The plot allottees should have faith in officials. We were tarrying our best for providing plots . Now that the farmers have started supporting us, we will very soon be in a position to offer possession to more and more people,” Kumar said.The authority had launched the plots at a rate of R4,750 per sq mt. It charged 12% interest on principal amount. The interest would increase to 14% if one not been able to pay installments on time