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Yamuna Authority Floats New Scheme


By ugesh sarkar, Section Noida Real Estate
Posted on Thu Jul 02, 2009 at 02:58:13 AM EST

After many of its schemes failed, the Yamuna Expressway Authority has now come up with a new multiple scheme today.

The lands under the scheme are located at 41 km from Greater Noida near Javer town. It will be beneficial to industries like IT, biotech, sports, entertainment and service. The scheme includes plot sizes ranging from 25 to 250 acres. Keeping in mind the global recession, the terms and conditions have been kept very flexible. Conditions with regard to the applicants, payment plan, tax and interest have been relaxed this time.

According to sources, sites have been selected for setting up Yamuna- I race track and residential areas by the side of Yamuna Expressway. The additional CEO of the Yamuna Authority Y.K. Behl said decision about the size and number of plots would be taken soon. The rate of the plots has been fixed at Rs 1,650 per sq mt.

The Yamuma Expressway Authority had earlier floated schemes like mini- SDZ, micro-SDZ and SDZ, but they had to be rolled back as they failed to evoke resonable response.

Source: The Tribune Yamuna Authority floats new scheme

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