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.
-
News4 weeks agoMumbai’s Largest Trimandir Opens in Thane with Grand Three-Day Pran-Pratistha Ceremony
-
News4 weeks agoBudget 2026: Real Estate Sector Awaits Real Reform, Targeted Relaxations For Boost
-
News4 weeks agoUnion Budget 2026: Infrastructure-Led Growth Sets Stage for Real Estate Expansion Beyond Metros
-
News4 weeks agoNCDRC Directs District Magistrate to Take Over Control of Much Delayed Greater Noida Project
-
News3 weeks agoJewar Airport ‘Ready’, Likely to Be Inaugurated by PM Modi By Late Next Month
-
News4 weeks agoBudget 2026 Positions Tourism & Hospitality as Economic Multiplier, Not Support Sector
-
News4 weeks agoAIPL Acquires 43-Acre Gurugram Land for ₹1,000 Cr Through DRT
-
News3 weeks agoAshiana Care Homes & Epoch Elder Care Partner to Strengthen Assisted Living & Specialized Senior Care in India

