Yeida ACEO averts protest, assures buyers possession | noida | Hindustan Times
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Yeida ACEO averts protest, assures buyers possession

Over 50 protestors who had been allotted plots in Sector 18 and 20 six years ago visited the Yamuna expressway industrial development authority (Yeida) office in Greater Noida on Friday morning demanding possession.

noida Updated: Jul 23, 2016 00:16 IST
Vinod Rajput
Buyers who had been allotted plots by the Yamuna expressway authority six years ago are yet to get them.
Buyers who had been allotted plots by the Yamuna expressway authority six years ago are yet to get them.(HT File)

Over 50 protestors who had been allotted plots in Sector 18 and 20 six years ago visited the Yamuna expressway industrial development authority (Yeida) office in Greater Noida on Friday morning demanding possession. Before they could begin their protest, Yeida additional chief executive officer (ACEO) Amarnath Upadhyay spoke to them and assured them that the authority is working to resolve pending issues and get them possession.

In 2009, Yeida had launched the scheme for plots ranging from 300 sqm and 4,000 sqm at a cost of Rs 4,750 per sqm. The authority had allotted the plots through a lucky draw in 2009-10, with the allottees having invested Rs 2,000 crore.

However, the authority has so far failed to provide possession as many farmers challenged the land acquisition in Allahabad high court and refused to part with their agricultural land, demanding a 64% hike in compensation. Farmers continue to farm on their land and the court cases are still pending. Meanwhile, plot allottees have been paying instalments towards the cost of land without actually getting the plots.

Allottees asked why Yeida was demanding extra money on account of hiked compensation to farmers, if it has failed to give possession yet.

“I have a 300-sqm plot in N block of sector 20. Without offering possession, the authority is demanding Rs 90,000 from me as additional hiked land compensation to be given to farmers. All allottees are pressured to pay this additional compensation. We will pay additional compensation if our demand for plot possession is met,” said Alok Singh, an allottee.

Meanwhile, the ACEO said that Yeida is working on taking the possession of some part of the land from farmers. “This land is located in blocks A, B and U of sector 20. We hope we will settle all issues with farmers with regard to litigation and offer possession to around 1,000 allottees in the next three months,” said Upadhyay.

Plots measuring 4,000 sqm, 1,000 sqm and 500 sqm are located in the three blocks of sector 20 along the Yamuna expressway. “It will take more time to provide possession to the other allottes whose plot size is 300 sqm, due to litigation over the land,” he added.