September 20, 2024

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Yamuna Limited-access highway Authority: Ban on hire deeds of allottees of 15 developers, know the entire subject

Higher Noida: After the Best Court docket order to offer 64.7 % further reimbursement to the farmers of Yamuna Limited-access highway Authority, Yamuna Authority has began amassing further from the allottees. The Yamuna Limited-access highway Business Construction Authority has placed on grasp the hire deeds and registry of allottees of 15 developers and 13 giant allottees from whom Rs 2200 crore is to be recovered. The Yamuna Authority has taken this motion sooner than sending notices to those developers for restoration of extra reimbursement. Greater than six thousand allottees were suffering from this choice of YIDA.

After the verdict given by means of the courtroom remaining month, Yamuna Authority has taken this step in making ready to offer further reimbursement of 64.7 % to 7 thousand farmers of the realm inside of 3 months by means of getting better it from the defaulting allottees. At the directions of State Business Construction Minister Nand Gopal Gupta Nandi, Yamuna Authority has set a goal of distributing further reimbursement to the farmers within the subsequent 3 months. The authority has ready an inventory of allottees from whom further reimbursement cash is to be taken. The utmost quantity is to be recovered from the developers. Greater than Rs 1600 crore is to be recovered from 15 developers. Except this, restoration may be to be made out of 13 giant allottees of the institutional. Greater than Rs 600 crore must be recovered from them too. Those allottees come with Shakuntala Welfare Society, GL Bajaj and many others. Those farmers even have to offer further reimbursement cash to Jaypee Infra. This cash isn’t the same as 2200 crores.

The valuables division has been ordered to prevent the hire deed and registry of the homes of the allottees from whom further restoration of dues is to be made below the order of the Best Court docket. Advance motion for restoration from defaulters shall be initiated quickly.

Arunveer Singh, Leader Government Officer, Yamuna Authority

The Yamuna Authority had already began taking further reimbursement cash from the residential allottees. After the order of the Top Court docket, the extra reimbursement to the farmers was once stopped. Now farmers will get started getting this cash. It’s round Rs 550 crore.

Ban on hire deed of allottees of those developers
Identify of the builder ———- Exceptional (Rs. in crore)

Oris Builders Pvt. Ltd. – 174.45

Sunworld Infrastructure Restricted – 159.63

ATS Realty Pvt. Ltd.- 155.38

Supertech Township Venture Ltd.-157.42

SDS Infratech Pvt. Restricted- 212.63

Greenbray Infra Non-public Restricted- 126.90

HC Infracity Pvt. Restricted- 138.06

Supertech Restricted——– 164.08

Logix Buildstate Pvt. Restricted- 78.08

Silverline Furniture & Furnitures Pvt. Ltd.- 63.45

SDS Housing Non-public Restricted- 49

Omnis Builders Pvt. Restricted- 21.99

IITL Nimbus The Palam Village – 39.09

Osis Realtek Non-public Restricted – 11.91

Ajay Realcon Non-public Restricted- 6.54