28/06/2024
Supertech, Sunworld groups lose land plots on Yamuna Expressway over pending dues
The Yamuna Expressway Industrial Development Authority (YEIDA) on Wednesday said it has cancelled the allotment of land parcels to Sunworld Infrastructure and Supertech Township near the upcoming Noida International Airport and proposed Film City over pending dues. Around 100 acres of land were allotted to both real estate developers to make townships in Sector 22D along the Yamuna Expressway. Sunworld Infrastructure owed Rs 164.86 crore while Supertech Township had pending dues worth Rs 137.28 crore, according to YEIDA. Also, the authority, which functions under the Uttar Pradesh government, has given time till August 31 to developer ATS Realty and Greenbay Infrastructure till July 31 to clear their dues. Also, the authority, which functions under the Uttar Pradesh government, has given time till August 31 to developer ATS Realty and Greenbay Infrastructure till July 31 to clear their dues. The pending amounts are 25 per cent of the total dues these builders owed to the authority which the state government had allowed to continue with the works in line with the recommendations of the Amitabh Kant Committee on legacy stalled projects.
