Yamuna Expressway Authority cancels 17 housing projects
The Yamuna Expressway Authority has said that it has cancelled the building plans of 17 projects in its area. The plans were cancelled after it came to light that the five builders concerned had not cleared some objections raised by the authority regarding the building plans between 2014 and 2016. While 11 projects have been initiated by the Jaypee Group, six other projects include those launched by some leading developers of the region.
According to officials, the Jaypee Group was given land in lieu of the Yamuna Expressway project between Greater Noida and Agra, in keeping with a concessionaire agreement, the other builders have been allotted land for group housing projects in different areas.