IndustryLatest Stories

Uttar Pradesh Sets Deadline for Township Takeover by Civic Bodies

GHAZIABAD: The UP government has set firm timelines for the transfer of large private townships to municipal corporations, ending uncertainty for residents who have been paying both civic taxes and high private maintenance fees. The newly released standard operating procedure (SOP) mandates that townships built under the hi-tech and integrated UP township policy be handed over to municipalities within a specified timeframe after they become eligible. This initiative is crucial because once the townships are transferred, the responsibility for maintaining roads, streetlights, water lines, drainage, sewers, parks, and open areas falls to civic authorities, clarifying years of confusion regarding maintenance.…

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42 Ghaziabad Buildings, Including Hospitals, Violate Fire Safety

GHAZIABAD: The fire department has identified 42 buildings, which include residences, hospitals, and hotels, as ‘unsafe’ for failing to meet fire safety regulations. Following inspections between 2017 and 2026, the department discovered that approximately 51 buildings were non-compliant with safety standards. A report was submitted to the district court, leading to legal proceedings against these establishments. To date, only nine have upgraded their fire safety systems, which the fire department has approved. Chief Fire Officer (CFO) Rahul Pal stated that regular inspections are conducted to ensure compliance. “When irregularities are detected, we issue notices and provide a stipulated timeframe for…

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Uttar Pradesh Plans 40% Hike in Ghaziabad Property Rates

GHAZIABAD: Anticipated property price hikes in the city may see increases of up to 40% as the district administration prepares to revise rates later this year. Draft estimates suggest residential plot prices could rise by 5-15%. Should this move be approved, the cost for a residential plot at Crossings Republik will increase to Rs 31,000 per square metre from the current Rs 27,000. Flats in multi-storey buildings are projected to become 10-40% more expensive, with steeper increases of 35-40% expected in major townships like Wave City Centre, Aditya World City, and others. In Wave City, flat prices are expected to…