YEIDA cancels 17 housing projects of six builders
Thursday, 20 Apr 2017
The Yamuna Expressway Industrial Development Authority (YEIDA) has cancelled 17 housing projects of six builders.
Of the 17 housing projects, 12 projects belong to Jaypee Infratech, two to Gaursons, and one project each to VGA Developers, Ajnara Group, and Orris Group.
The building plans have been scrapped as the builders did not address the objections raised by the authority. They did not submit the new building plans for approvals.
The move is expected to affect hundreds of home buyers who have invested in these projects.
The developers will now have to apply afresh for approval of their building plans.