YEIDA Cancels Assignment Of 14 Group Housing Projects Due To Non-Payment Of Dues
The authority has also forfeited an amount of more than Rs 209 crore from the developers, who were allocated a total of more than 15.25 lakh sqm of land.
According to the information received, the group housing land allocation of two developers has been canceled in 2019, three in 2021 and nine in 2022, while no allocation has been canceled in 2020 due to the Covid pandemic. Of the canceled lots, 10 are in Sector 22D, two in Sector 18 and one in Sector 22A and 26A.
The canceled projects are, namely Three Sea Residency Pvt Ltd, Sukriti Infracom Pvt Ltd, Emerald Promoters Pvt Ltd, Cosmic Infradevelopers Pvt Ltd,
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