Public Notice: Lease Deed Execution Policy and Penalty Structures
Jul 08, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
Times of India
Yamuna Expressway Industrial Development Authority (YEIDA) has issued an official policy update regarding the delayed execution of residential plot lease deeds under Notice No. 21894/2026. Allottees who failed to execute deeds within prescribed timelines will face quarterly proportional penalty fees scaling from 1% up to 6% of the allotment value based on the delay duration. This structural policy remains effective strictly until December 31, 2026, after which unexecuted plots face summary cancellation, and interested property owners must visit yamunaexpresswayauthority.com for comprehensive guidelines.