Building plans of 17 projects from six builders have been cancelled by the governing authority in the Greater Noida area.
Jaypee Infratech, Gaursons, Orris Group, VGA Developers and Ajnara Group are all affected. The Yamuna Expressway Industrial Development Authority (YEIDA) had approved the layout plan but its planning department raised some objections in the building plans of these projects, said sources. Since new building plans had not been given for approval, the Authority cancelled these 17 projects.
Sector experts say 105 projects of 45 developers have stalled in the Greater Noida area over the past seven years, with at least