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  Metros   Delhi  20 Apr 2017  17 housing projects near E-way cancelled

17 housing projects near E-way cancelled

THE ASIAN AGE.
Published : Apr 20, 2017, 1:58 am IST
Updated : Apr 20, 2017, 1:58 am IST

The move came in the wake of not obtaining layout approval from the authority.

The list of defaulters include Jaypee Infratech, Gaursons, Orris Group, VGA Developers and Ajnara Group.
 The list of defaulters include Jaypee Infratech, Gaursons, Orris Group, VGA Developers and Ajnara Group.

New Delhi: As many as six builders received a fresh blow when the Yamuna Expressway Industrial Development Authority (YEIDA) allegedly cancelled 17 group housing projects on Wednesday. The move came in the wake of not obtaining layout approval from the authority and is likely to affect hundreds of homebuyers who have made investments in these projects.

The list of defaulters include Jaypee Infratech, Gaursons, Orris Group, VGA Developers and Ajnara Group with maximum number of Jaypee Infratech besides two are of Gaursons and one each is owned by Ajnara, Orris and VGA Developers.

 

The aforementioned builder Jaypee Infratech is said to have covered maximum area sprawling over three sectors 19, 25 and 22B along the Yamuna Expressway.

On April 15, the Yamuna Expressway Authority had also cancelled five housing projects of Jaypee Infratech in Sports City East as the developer had allegedly sold properties without getting the plans approved.

“We have cancelled the building maps of 12 more housing projects that belong to Jaypee Infratech, Gaursons, Orris Group, VGA Developers and Ajnara, as they had not got the map approved within specific time. The builders have sold out flats to home buyers without getting requisite approvals,” said a YEIDA official.

 

Projects of Gaursons in Sector 19 are spread over 87,756 square metres and 215 square metres land in its Yamuna City mega township proposed on 250-acre land along the Yamuna Expressway.

VGA Developers has 20,071 square metre land in Sector 25, Orris Group has 8,19,105 square metre land in Sector 22D and Ajnara has 85,391 square metre land in Sector 22A.

Tags: housing projects, jaypee infratech, yamuna expressway
Location: India, Delhi, New Delhi