An ongoing investigation by the Yamuna Expressway Industrial Development Authority (YEIDA) has exposed that several allottees of industrial plots along the Yamuna Expressway are reselling land without initiating any manufacturing or business activity. Over 3,100 plots were allotted across key sectors such as 24, 24A, 30, 32, and 33, which are reserved for specialised industrial hubs like the Apparel Park, Toy Park, and Medical Device Park. At least 14 transactions have raised red flags for violating allotment terms. YEIDA has initiated strict enforcement measures, including issuing notices, reviewing transaction records, and preparing legal action. The crackdown is part of a broader push to ensure the land is used for industrial growth and employment generation, not speculative trading.
The Yamuna Expressway Industrial Development Authority has begun taking stringent action against industrial plot allottees who are engaged in land flipping without fulfilling their original commitments to set up business operations. A recent audit conducted by the authority found that several individuals and entities who were allotted plots had neither commenced industrial activity nor built any infrastructure. Instead, they allegedly transferred ownership for profit clearly contravening the purpose of the original allotment.
These plots, numbering over 3,100, are located in sectors 24, 24A, 30, 32, and 33 zones which were specifically earmarked to establish theme-based industrial clusters such as the Apparel Park, Toy Park, and Medical Device Park. Despite being allotted at concessional rates to promote manufacturing and job creation, many plots remain undeveloped. Preliminary checks have already identified at least 14 suspicious transactions where plot ownership changed hands with no corresponding business activity.
In response, YEIDA has issued public notices to these plot holders and has sought transaction details from the district administration. Officials are currently examining sale deeds, payment records, and ownership histories to verify whether violations have occurred. If confirmed, the authority will cancel the allotments and initiate legal proceedings against the defaulters.
The CEO of YEIDA clarified that the crackdown is aimed at discouraging profiteering and sending a strong message to those attempting to misuse industrial land for quick financial returns. He further stated that genuine industrialists who are in the process of setting up units will not be penalised. Only those who have treated the plots as tradable assets without initiating any development will face action.
This enforcement move also aligns with YEIDA's larger vision for the region. In recent weeks, the authority has secured over 5,200 acres of land for upcoming themed developments such as the Japanese City, Korean City, and Fintech City, to be located near the upcoming Noida International Airport at Jewar. The authority has also been actively promoting investments in sectors like electronics, data centres, and fintech, including the launch of an Electronic City and data centre plots.
These developments fall within the broader strategy to transform the Yamuna Expressway corridor into a world-class manufacturing and innovation ecosystem. Authorities believe that unchecked resale of industrial plots undermines this vision, slows job creation, and hampers long-term infrastructure planning.
To further support its initiative, YEIDA is also working on stricter monitoring protocols and land use tracking systems. The aim is to maintain transparency in future allotments and ensure that land designated for industry is utilised as intended.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023