Yamuna Expressway Authority Probe Reveals Anomalies in Concessional Rate Land Allotment Scheme of 2010

Ashish Kedia

Galgotias Ad

(23/10/2017) Greater Noida :

A committee constituted by Yamuna Expressway Industrial Development Authority to probe alleged irregularities in land allotments at sector 17A in Year 2010, has submitted its report to YEIDA CEO Arun Veer Singh.

The panel that has senior officials from town planning, projects and financial departments and was headed by ACEO Amarnath Upadhyay has found that many allottees have not fulfilled the norms even after these many years and are hence in violation of the land allotment policy.

The committee has found that many plot owners have not developed the facilities for which the land was allotted to them and hence have failed in creating the jobs in the stipulated time frame of six years.

The probe was ordered by YEIDA Chairman Dr.Prabhat Kumar after he had received complaints of alleged favours in these plot allotments that were done at lower market rates.

During the probe the committee inspected site of each plot and also checked the prevailing market rate of allotment period and made a comparable study with the rate charged during that time.

It is expected that companies who got lands at concessional rate and have failed to provide jobs even after these many years of allotment may now loose the land in corrective action being taken by authority.

The chunk of land which was marked as mini special economic zone and lays directly opposite to renowned Buddh International Circuit was allotted to different companies and organizations under the clause that they will provide job opportunities to the dependents of the farmers on whose agricultural land the scheme has been proposed. However after 7 years of allotment, only two private universities have become functional in the area. Some reports also claim that there was no mention of mini-SEZ in the scheme brochure.

The authority plots were allotted by the authority at a rate of ₹1,629 per square meters. Six years’ time was given to plot owners for constructing their organization and providing jobs. As per sources the market rate of the area at that time was much higher at around 7,000 per square meter.

The companies which were favoured during the allotment process may also be probed for their roles.

 

 

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