YEIDA Warns Apparel Park Allottees of Penalties and Land Cancellations

Strategic Insights -

YEIDA's stern warning to Apparel Park allottees in Sector 29 follows a disappointing inspection by Uttar Pradesh principal secretary (Industrial Development) Alok Kumar, who expressed dissatisfaction over the lack of completed factories at the site. Spread across 175 acres near the upcoming Noida International Airport, the Apparel Park is YEIDA's first industrial park in the region. The project's foundation stone was laid in August 2023, with 81 plots already allotted, 65 checklists issued, and lease deeds executed for 63.

Key Takeaways:

  • YEIDA has issued a stern warning to Apparel Park allottees in Sector 29, asking them to expedite construction or face penalties and possible land cancellations.
  • 81 plots have been allotted, 65 checklists issued, and lease deeds executed for 63 out of 81 plots at the Apparel Park.
  • 47 allottees have taken possession of their plots, while construction is underway at 18 sites, with 14 maps approved, eight applications pending, and 15 in process.
  • Principal secretary Alok Kumar has instructed officials to ensure the 16 remaining allottees receive possession immediately.
  • YEIDA has confirmed 100% land possession has now been granted to the allottees.
  • Lalit Thukral, president of the Noida Apparel Export Cluster, attributes the improved pace of construction to YEIDA's support despite land issues and map approvals.
  • The Medical Device Park (MDP) in Sector 28 is expected to become operational by January 2026, generating over one lakh jobs.

Statistics:

  • 175 acres: The area of the Apparel Park in Sector 29.
  • 81: The number of plots allotted at the Apparel Park.
  • 65: The number of checklists issued at the Apparel Park.
  • 63: The number of lease deeds executed for plots at the Apparel Park.
  • 47: The number of allottees who have taken possession of their plots at the Apparel Park.
  • 18: The number of sites with ongoing construction at the Apparel Park.
  • 14: The number of maps approved for the Apparel Park.
  • 8: The number of applications pending for the Apparel Park.
  • 15: The number of applications in process for the Apparel Park.
  • 100%: The land possession granted to all 81 allottees at the Apparel Park.

Sources:

  • Times of India
  • Yamuna Expressway Industrial Development Authority (YEIDA)