Yamuna Expressway development body to carry out a land bank audit

Yamuna Expressway development body to carry out a land bank audit
28/08/2017 , by , in News/Views

Uttar Pradesh Principal Secretary Industries, Alok Singh has directed Yamuna Expressway Industrial Development Authority (YEIDA) to get a land audit done.

Arunvir Singh, CEO, YEIDA on Friday said that they will initiate tenders to hire a consultant to carry out the audit in the next 15 days. The move follows a meeting with Satish Mahana, UP Industrial Development Minister held in New Delhi on Thursday.

“The aim of the audit is to create an inventory of the land bank available with YEIDA for future planning of the area besides for optimum use of land,” Singh told media.

According to Singh, the authority will hire a private consultant for carrying out the audit. The survey for the audit will commence in the next 15 days as the tenders for the appointment will be initiated on Saturday (August 26). The land bank which is created will be hi-tech online tool, which will be GIS based defining the exact coordinates of all land in our area. This will allow developers to search and bid for unused parcels of land suitable for their specific purpose. With a land bank in place, the authority will also be sure of how much land is used by YEIDA and how much is available for future development.

The CEO further explained that no land audit has been carried out since the inception of the area. “The idea is to ensure proper utilisation of Government’s lands with a view to getting maximum value from prime property and freeing under-utilised land for new projects. The consultant will quantify the land allotted, land acquired, land vacant besides how much has been utilized for facilities, roads, green area and for setting up industry, institutions, commercial, residential, etc. Once we know how much land is available, we can plan further,” he said. “The same will also be carried in Noida and Greater Noida areas, soon,” he added.

About admin