In a significant development for real estate investors and homebuyers in Greater Noida’s Sports City, the Yamuna Expressway Industrial Development Authority (YEIDA) has initiated the process for executing fresh lease deeds for 13 housing projects developed by third-party builders. The move comes after a High Court (HC) ruling that cancelled all previous references to Jaiprakash Associates Limited (JAL) in existing agreements, mandating a reset in legal documentation.
With this step, over 13,000 buyers across Sectors 19 and 25 are expected to receive much-needed clarity and legal standing for their homes.
Key Highlights:
| Details | Information |
|---|---|
| Number of Projects | 13 |
| Affected Buyers | 13,132 |
| Developers Involved | Gaur Sons, Solitaire Real Infra, Royal Hometown Planners, etc. |
| YEIDA Deadline for Documents | June 21 |
| Types of Units | 9,902 sanctioned flats, 3,230 residential plots |
| Land Original Allottee | Jaiprakash Associates Ltd. (JAL) |
| HC Order Date | March 10 |
| SC Interim Stay | Appointing new developers requires court approval |
Fresh Lease Deeds Following High Court Ruling
Following the HC’s decision to nullify all existing references to JAL, YEIDA is now tasked with issuing new lease deeds to sub-lessee developers involved in the 13 Sports City projects. A tripartite agreement will also be executed between YEIDA, homebuyers, and third-party developers to protect the rights of all stakeholders.
The division bench of Justices Manoj Kumar Gupta and Kshitij Shailendra has directed YEIDA to:
- Send individual notices to all sub-lessee developers within 4 weeks
- Complete the fresh documentation process within 12 weeks
“Developers can upload their required documents on the Authority’s portal by June 21 — the same deadline applies to homebuyers,” said Arun Vir Singh, CEO, YEIDA.
Breakdown of Major Developers & Projects
These 13 projects include a variety of residential formats — from high-rise apartments to villa plots. Key developers and project details include:
- Gaur Sons (Sector 19):
- 3,104 flats across twin high-rises
- 3,230 plots, 2,210 of which are already sold
- Solitaire Real Infra:
- 2,250 sanctioned flats in a tower cluster
- Imperia Homes Planners:
- 629 flats in Sector 25
- Royal Hometown Planners:
- 480 flats (224 already sold)
- Pyramid Townships:
- 615 units across two land parcels
- Other developers: Presidency Infra Heights, MSA Developers, VGA Buildtech, Homes & Soul Infratech, and Imperia Structure add a combined 2,824 units.
Background: JAL’s Allotment Cancelled Over Dues
JAL was allotted the Sports City land in 2008 with the vision of building an international sports, education, and healthcare hub anchored by the Buddh International Circuit. However, after YEIDA cancelled JAL’s land allotment in February 2020 due to unpaid dues, a prolonged legal battle ensued.
Initially, JAL managed to secure a stay order, but eventually, the HC upheld YEIDA’s authority to reclaim the land. As part of the judgment, YEIDA has also been tasked with completing JAL’s 12 partially built housing projects under a staggered deadline framework depending on the stage of completion.
A monitoring committee involving government officials, YEIDA representatives, RERA members, and homebuyer nominees will oversee project completions.
Supreme Court Puts Interim Brake on New Construction Partners
While YEIDA was preparing to onboard a new construction partner for completing JAL’s legacy housing projects, the Supreme Court issued an interim order restraining it from doing so without court approval. The matter is scheduled for its next hearing on July 19, 2025.
FAQs
1. Why is YEIDA executing fresh lease deeds for Sports City projects?
Because the High Court nullified all prior agreements referencing JAL, fresh lease deeds and tripartite agreements are now legally required.
2. How many homebuyers are impacted by this decision?
Over 13,000 buyers across 13 projects in Sectors 25 and 19 will be affected.
3. What is the deadline for developers and homebuyers to upload documentation?
Both parties must upload their documents to the YEIDA portal by June 21, 2025.
4. What types of residential units are involved in these 13 projects?
The projects involve approximately 9,902 sanctioned flats and 3,230 residential plots.
5. What did the Supreme Court’s interim order restrict?
It temporarily halted YEIDA from appointing new developers to complete the remaining JAL projects without explicit permission from the Court.