Realtors Keen On Buying Cancelled Allotted Plots
Allottees hint at realtor-authority staff nexus Over 300 residential plot allottees of the Yamuna Expressway Authority (YEA) are in a dilemma. This is because the authority has told them that their allotments got automatically cancelled due to non-payment of dues and has refused to restore the allotments. But what is making the situation strange is the fact that property dealers are contacting the allotees and coercing them to sell the plots to them. Speaking on the condition of anonymity, one such allottee told The Tribune, "I contacted the chairman-cum-chief executive officer of YEA through a UP minister, but I was told that nothing could be done now as the allotment money was not paid in time. However, I am getting messages from property dealers to sell the plot to them at a premium of Rs 2,000 per square metre. But the question is if we agree to sell the plots to property dealers, how will they get the allotment restored?" said the allottee. The situation clearly h