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India s Fallen Billionaires

India s Fallen Billionaires
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Yamuna Expressway Industrial Development Authority offers relief to stalled projects | Noida News

Representative image GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has rolled out two policies that can be availed by construction companies by August 31 in an attempt to revive stalled projects in the region. The decision to offer restoration and reschedulement policies was taken during the YEIDA board meeting held on June 28. Under the reschedulement policy, a builder will have to pay 5% of the due amount upfront. Once a revised repayment schedule is fixed, the developer will have to shell out an additional 5% of the due amount to YEIDA. To restore a cancelled plot, a developer will have to pay 10% of the current land premium to the authority.

YEIDA gives nod to biggest budget yet | Noida News

Noida: In its 70th board meeting on Monday, the Yamuna Expressway Industrial Development Authority (YEIDA) approved a budget of Rs 4,123 crore for the financial year 2021-22. This is the biggest ever budget approved by the authority. A total of Rs 4,110 crore has been allocated for land acquisition, development work, contribution to Jewar airport, reduction of YEIDA debt and execution of multimodal connectivity works. Under this, while Rs 540 crore has been allocated for the airport, Rs 300 crore for multimodal connectivity with a focus on Noida, Greater Noida and Delhi connectivity, Rs 800 crore for land acquisition and Rs 2,673 crore for revenue payment.

Jaypee Infratech Share Price Today: Jaypee Infratech Sheds Over 4% After Reporting Rs 491 Crore Loss In March Quarter

Jaypee Infratech Share Price Today: Jaypee Infratech Sheds Over 4% After Reporting Rs 491 Crore Loss In March Quarter
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