News
UP Govt Gives YEIDA ₹2,474 Cr Soft Loan for Acquiring Land in Yamuna City
Noida, January 12, 2026: The Uttar Pradesh has cleared an interest-free loan of INR 2,474 crore to the Yamuna Expressway Industrial Development Authority (YEIDA) to strengthen land-purchase initiatives for large projects in the Yamuna Expressway region.
A government order of January 5 says that loan was sanctioned by means of the Chief Minister’s Industrial Area Expansion and New Industrial Area Promotion Scheme 2025–26. Land is to be acquired to develop new industrial sectors and expand existing ones in Yamuna City.
The loan is a component of the INR 5,500 crore provision under the scheme for 202526. YEIDA will repay the loan as per guidelines issued in August 2023. The order also mandates compliance with financial rules, budget manuals and audit norms, holding the authority responsible for any financial irregularities.
The loan is expected to speed up Yamuna City projects with land acquisition already underway in several sectors. For instance, land acquisition in industrial Sector 8D is complete, and a solar power generation unit plus logistics and warehousing facilities will come up at this location which is near the upcoming Noida International Airport.
Land acquisition is also planned in Sectors 5, 6, 7, 10 and 11, as well as parts of older sectors.
Meanwhile, YEIDA has launched a fresh plot scheme in the Medical Device Park in Sector 28 of Yamuna City. The authority has offered 22 plots, including 11 plots of 1,000 square metres, 9 plots of 2,100 square metres and 2 plots of 5,940 square metres. Applications for the scheme will open on January 12 and close on February 11.
So far, 101 plots have been allotted in the Medical Device Park. Construction work is underway for more than seven companies, while one unit has already started production.
-
Guest Column4 weeks agoRetail Trends to Watch Out for in 2026
-
News2 weeks agoFractoProp Receives SEBI Registration for Ridhama Real Estate Fund
-
News7 days agoHow Noida International Airport Will Impact Property Prices
-
News2 weeks agoRise of Airport-Linked Real Estate: Opportunities Emerging Around Jewar
-
News4 days agoNoida International Airport Inauguration Sparks New Real Estate Boom For NCR
-
News3 weeks agoGreenlands Global Private Limited Appointed as Managing Partner for Big FM Realty’s ₹1,200 Crore Mixed-Use Development
-
News3 weeks agoEnviro Infra Engineers Secures ₹411 Crore Bihar Sewerage Project Under AMRUT 2.0
-
News3 weeks agoIndia Maintains Competitive Edge as Asia-Pacific Office Fit-Out Hub, Reports Knight Frank

