YEIDA Approves Measures on Dues, Farmers and New Development Schemes

The board of the Yamuna Expressway Industrial Development Authority (YEIDA) has approved a series of measures covering urban planning, recovery of outstanding dues, farmer compensation, education infrastructure, and stalled real estate projects.

The decisions were taken during YEIDA’s 88th meeting, chaired by Alok Kumar, who also serves as additional chief secretary for industrial development.

Raya Heritage City moves forward

A major focus of the meeting was the Raya Heritage City project proposed in Mathura. The board reviewed its progress and agreed to advance the project in public-private partnership (PPP) mode. A revised layout was also presented, which includes a 17.5-hectare Pilgrim Gateway Complex near the Vrindavan bypass.

Officials said YEIDA is considering launching residential and mixed-use schemes in the notified area, citing a shortage of hotels and accommodation in Vrindavan. The board also discussed providing reservations in upcoming residential schemes for families likely to be displaced due to the redevelopment around the Banke Bihari Temple, though a final decision is yet to be taken.

No extension for OTS; ₹4,948 crore still pending

The authority reiterated that the deadline for its one-time settlement (OTS) scheme will not be extended beyond February 28. Currently, there are 7,197 defaulting allottees in the YEIDA region, with total outstanding dues of about ₹4,948 crore, including land costs and farmers’ additional compensation.

Allottees can either clear their dues in one payment with an interest waiver and a 2% rebate on the principal, or opt for an instalment-based plan under the scheme’s terms. Applications received after the deadline will not be accepted.

Land approved for model school

YEIDA also approved the allotment of six acres in Sector 34 (PS-01) at a nominal rate of Re 1 per square metre for setting up a chief minister’s model composite school. Confirming the decision, YEIDA chief executive officer RK Singh said the land will be allotted under the institutional category to the Uttar Pradesh basic education department and will offer schooling from pre-primary to Class 12.

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Stalled housing projects and farmer payouts

The board reviewed progress on resolving legacy housing projects under recommendations of the Amitabh Kant committee. Out of 11 group housing projects, nine developers have deposited 25% of their net dues, amounting to around ₹402 crore.

On farmer-related matters, officials informed the board that YEIDA has paid nearly ₹2,986 crore as additional compensation between 2014–15 and 2025–26. This includes ₹76.96 crore under the LFD mechanism by the company that acquired Jaypee Infratech. Reservation letters for 7% abadi plots have been issued to 6,263 farmers across 29 villages, with development already completed on 4,246 plots.

Industrial parks and finances

Progress reports were also reviewed for the apparel park, handicraft park, MSME park, toy park, and medical device park. Construction has begun at all five locations, and YEIDA is aiming to resolve disputed land purchases and make these parks operational by next year.

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On the financial front, YEIDA reported a sharp rise in capital receipts—from about ₹2,217 crore in January 2025 to nearly ₹2,669 crore by January 2026. Revenue expenditure, however, also increased during the same period, rising from around ₹2,293 crore to approximately ₹5,498 crore.

Officials said the latest approvals are expected to accelerate regional development, improve infrastructure availability, and bring long-pending projects closer to completion, while ensuring stronger financial discipline across the YEIDA area.

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