Yamuna Expressway Industrial Development Authority has announced that it has cancelled the construction of 17 housing projects at Yamuna Expressway. This action of cancellation of housing projects at Yamuna Expressway was taken after it was revealed that a few builders were not able to get rid of the objections that were raised by the Authority. The cancelled housing projects at Yamuna Expressway include 11 projects by Jaypee Group and the rest are also by some reputed developers.
The land which Jaypee Group had was given to it for the project of Yamuna Expressway project with a legal agreement. Various other builders have also been given land for Yamuna Expressway housing projects.
The builders were given the permission to develop residential units in some areas, while commercial units in other areas. The plan of layout of 11 projects was given a green signal by the Authority, but the planning department had some complaints regarding the building plan of various projects. The developers were supposed to take care of these complaints and submit the plans again. However, they failed to do so and the cancellation of housing projects at Yamuna Expressway took place.
If we look at the remaining developers (out of the 17 cancelled ones) and their Yamuna Expressway housing projects which are cancelled, the problem remained the same. They were also at default in rectifying the complaints.
