HomeLatestGreen Bay Infra Pays Rs 33 Crore Seeks Relief From YEIDA On...

Green Bay Infra Pays Rs 33 Crore Seeks Relief From YEIDA On Dues

Green Bay Infra has paid ₹33 crore to the Yamuna Expressway Authority towards recalculated land dues and has now sought a two-month extension to pay the remaining amount. The developer has also requested possession of encroached land and approval to sublease commercial plots, stating that incomplete access and ongoing cultivation by farmers are stalling project development, plot sales, and buyer confidence.

In a fresh appeal to the Yamuna Expressway Industrial Development Authority (YEIDA), Green Bay Infrastructure Private Limited has reaffirmed its commitment to clearing outstanding land dues for its TS-06 township project near Greater Noida, even as it presses for operational clarity and urgent intervention on unresolved land possession issues. As per records, the company has already paid ₹33 crore as of 26 June 2025—constituting 25 percent of the ₹110 crore balance calculated under the revised structure recommended by the Amitabh Kant Committee. This committee had restructured dues for several township developers, offering relief based on updated valuations and delays in project execution.

Despite this payment, the promoter has flagged critical development bottlenecks. According to internal communication with the Authority, around 30–35 percent of the land parcel remains under cultivation by local farmers, even though it was formally allotted over a decade ago. The presence of ongoing agricultural activity, they argue, not only obstructs construction but also deters buyers due to fears about legal possession and resale security. Officials representing the project have now sought a two-month extension to complete the remaining payments, citing the partial possession of the land as a primary challenge in raising the necessary capital. They have expressed willingness to submit a notarised affidavit assuring full payment, provided that the Authority expedites possession-related formalities and permits the commercial subleasing of land—expected to ease cash flow constraints.

YEIDA had earlier directed Green Bay Infra to deposit 25 percent of its outstanding dues, recalculated at ₹441 crore, by 30 June 2025. Though the developer complied partially, it insists that full compliance is only possible if the Authority clears the operational roadblocks that have paralysed the project since inception. The township project—Green Bay Golf Village—spans approximately 100 acres and comprises nearly 690 residential plots. While construction of key infrastructure was completed by 2022, only around 300 plot registrations have been completed so far. Officials argue that legal ambiguities surrounding possession and land encroachments have discouraged buyers and halted momentum despite substantial groundwork.

Experts tracking Greater Noida’s real estate evolution note that such possession disputes have undermined confidence in large-scale plotted developments. The rising frequency of stalled projects and incomplete deliveries have placed pressure on planning bodies to enforce clear timelines, land handovers, and conflict resolution mechanisms. In the absence of these, developers often find themselves unable to raise working capital through either institutional loans or phased sales. A senior executive from the Green Bay project team stated that the commercial segment of the township holds significant potential to generate liquidity. However, without the Authority’s consent to sublease these commercial parcels, monetising the project remains a challenge. The company argues that earnings from the commercial sublease can be redirected toward settling dues with the Authority on a priority basis, facilitating a win-win resolution.

The broader issue of farmer resistance and land encroachment remains a long-standing problem across several industrial and township corridors in the Yamuna Expressway belt. Although land was acquired and allotted as early as 2011, delayed compensation and fragmented negotiation with affected farmers have often resulted in cultivation continuing years after allotment. Experts have repeatedly flagged the need for transparent rehabilitation and compensation frameworks to avoid such post-allotment disputes. Urban planners say that the issue reflects a deeper flaw in how land development and urban expansion are synchronised in peri-urban regions. Without a coordinated mechanism involving local administration, the development authority, and the farmer community, such conflicts are bound to resurface—jeopardising not just investments, but also the region’s potential as a hub for integrated townships.

In the case of Green Bay Golf Village, the project promoters argue that delays and uncertainties have severely compromised both their timelines and financial health. They maintain that without full possession of the site and regulatory approvals to unlock commercial plots, both residential buyers and the authority stand to lose confidence and capital. Policy observers tracking YEIDA’s township initiatives suggest that the Authority should consider expedited conflict resolution measures in alignment with the Kant Committee’s recommendations. The focus, they say, must now shift toward enabling development through transparent timelines, enforceable land possession guarantees, and flexible sublease provisions that do not compromise on accountability.

For buyers who have invested in Green Bay’s plotted development, the wait for clarity has stretched far too long. Some residents have expressed concerns over resale potential, delayed possession, and the overall viability of the township, even as essential infrastructure like roads, drainage, and common amenities have reached near completion. In its latest communication, the developer has reaffirmed its intent to pay 100 percent of the land dues but appealed for support in the form of an extended timeline and administrative cooperation. A failure to act, it warned, could lead to a prolonged deadlock, further impacting the credibility of future township investments in the Yamuna Expressway zone.

While the Authority has yet to publicly respond to the developer’s requests, officials have confirmed receipt of the payment and affidavit proposal. It remains to be seen whether the two-month extension and sublease permission will be granted, but with mounting pressure from investors and stakeholders, a resolution may soon be on the table.

Green Bay Infra Pays Rs 33 Crore Seeks Relief From YEIDA On Dues
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