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On October 23, 2025, the Uttar Pradesh Industrial Development Department supported Noida authority’s step of 2023 to cancel the land allotment of the industrial allottees, including that of one related to the Elevator IT Solutions Ltd, for failing to commence construction despite multiple extensions and statutory relaxations. (HT Archive)

Oct 27, 06:54 AM IST 3 min read

The Noida authority has cancelled the allotment of IT/ITES plots, including Elevator IT Solutions, for failing to commence construction despite multiple notices. The decision affects 29 plots with less than 10% construction progress. The authority upheld its cancellation, stating that due process was followed, while restoring allotments for 19 plots that met construction requirements.

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