Allotment Of 1,000-Hectare Land To Jaypee Group Cancelled: Yamuna Expressway Authority

The Yamuna Expressway Authority on Saturday cancelled the allotment of 1,000 hectares of land in Greater Noida to the Jaypee group over non-payment of dues, officials said. India's only Formula One motor racing circuit is built on this land. The decision was taken by the Yamuna Expressway Industrial Development Authority (YEIDA) in its 66th board meeting.