Noida: The rehabilitation package for stalled group housing projects, Yamuna Expressway toll charges and compensation for farmers are among the 30 agendas that will be up for discussion at the YEIDA board meeting on Monday.
The board will approve the revised dues of developers of nine defaulter projects stuck over Rs 4,800 crore dues. The revisions will incorporate a two-year zero period due to the Covid pandemic from April 1, 2020, to March 31, 2022.Later, YEIDA will send the developers letters, asking them to clear the dues. At least 10,000 buyers have flats in these projects.
The board will also discuss a proposal to increase the toll rates on the Yamuna Expressway by 2-5%.
The state government’s semiconductor policy, laying down terms and conditions for setting up units, will also come up for adoption. YEIDA plans to set up a semiconductor park along the expressway.
The board will also hear a proposal for a two-year time extension for construction for allottees who have not completed projects in the residential, industrial, commercial, and institutional categories within the deadline. The allottees who could not get possession due to the farmers’ protest might get alternative plots. In 2009, 21,000 plots were on offer, and 1,200 of the allottees do not have possession of their plots in Sector 18 so far.
Proposals to abolish fines on farmers for not completing construction on abadi plots within the deadline, additional compensation and giving them abadi plots will also come up before the board.
The board will approve the revised dues of developers of nine defaulter projects stuck over Rs 4,800 crore dues. The revisions will incorporate a two-year zero period due to the Covid pandemic from April 1, 2020, to March 31, 2022.Later, YEIDA will send the developers letters, asking them to clear the dues. At least 10,000 buyers have flats in these projects.
The board will also discuss a proposal to increase the toll rates on the Yamuna Expressway by 2-5%.
The state government’s semiconductor policy, laying down terms and conditions for setting up units, will also come up for adoption. YEIDA plans to set up a semiconductor park along the expressway.
The board will also hear a proposal for a two-year time extension for construction for allottees who have not completed projects in the residential, industrial, commercial, and institutional categories within the deadline. The allottees who could not get possession due to the farmers’ protest might get alternative plots. In 2009, 21,000 plots were on offer, and 1,200 of the allottees do not have possession of their plots in Sector 18 so far.
Proposals to abolish fines on farmers for not completing construction on abadi plots within the deadline, additional compensation and giving them abadi plots will also come up before the board.