The Comptroller and Auditor General has criticised the Yamuna Expressway Industrial Development Authority in a report prepared this month for operational shortcomings and lack of transparency in the allotment of 2,428 industrial plots between 2009 and 2021. Arun Vir Singh, CEO, Yeida, defended the agency’s actions, attributing delays to external factors such as legal disputes, farmers’ agitations over compensation, and …
NOIDA: The Noida authority on Tuesday said that it has formed a special purpose vehicle to run the city bus service with an aim to develop a robust public transport system in Noida, Greater Noida, and Yamuna Expressway areas. Following directions of the Uttar Pradesh government, the three authorities - Noida, Greater Noida, and Yeida - have formed the SPV …
In the wake of a dispute over the allotment of plots to realtor M3M Group, the Yamuna Expressway Industrial Development Authority has decided to formulate new guidelines for auctioning the land before allotment of the same to realtors or businessmen. Sources in Yeida said in the new rules, if only a single bidder comes forward to buy a plot in …
The Audit noticed in March 2019 that out of 150 khasras of revenue records, the actual area in 17 khasras was 6.3990 hectares. The YEIDA, however, overlooked the area actually available in land records and purchased an area measuring 7.989 Noida: The Comptroller and Auditor General report of the financial year 2019-2020 has revealed that Gautam Budh Nagar’s Yamuna Expressway …
Noida: Uttar Pradesh government’s Yamuna Expressway Industrial Development Authority had purchased a land parcel in Gautam Buddh Nagar in 2015 but not verifying land records led to a loss of Rs 2.71 crore, a CAG report has revealed. Further, the YEIDA also incurred an expenditure of Rs 0.10 crore as stamp duty on purchase of the land against an area …