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Uttar Pradesh cabinet approves green law for eco-friendly ULBs

LUCKNOW: With an aim to drive sustainable and eco-friendly growth in urban local bodies, the UP cabinet has approved the Urban Green Policy proposed by the urban development department. The primary goal of the policy is to encourage and support green initiatives, making cities more sustainable and resilient. Under this policy, a Green City Monitoring System will be developed to evaluate and award Green Star ratings to cities based on their environmental efforts and green infrastructure. To mitigate the impact of climate change in urban areas, the policy promotes the development of vertical gardens, rooftop gardens, and Miyawaki forests. The…

Rera

About ₹128 crore returned to over 350 homebuyers this year: UP-RERA

LUCKNOW: The Uttar Pradesh Real Estate Regulatory Authority (UP Rera) has claimed to have recovered Rs 128 crore from promoters who failed to complete their housing projects and deposited the amount into the bank accounts of around 376 homebuyers so far this calendar year. With this, UP Rera has, to date, transferred Rs 1,360 crore into the bank accounts of approximately 5,500 homebuyers who never received possession of their homes. “So far, we have issued over 12,900 recovery certificates (RCs) worth Rs 3,900 crore, predominantly in the national capital region (NCR). We assure every complainant (homebuyer) who has approached Rera…

Industry

UPSIDA executes 113 mega plot allotments in May 2025

Representative Image LUCKNOW: UP State Industrial Development Authority CEO Mayur Maheshwari on Friday said UPSIDA was steadily strengthening and modernising the state’s industrial infrastructure to drive Uttar Pradesh towards the goal of becoming a $1 trillion economy. “In line with this vision, UPSIDA executed a mega allotment scheme in May, successfully allotting 113 plots that are expected to attract investments worth ₹700 crore and generate employment opportunities for about 4,800 individuals,” he said. As part of this, UPSIDA allotted 88 industrial plots and two commercial properties across various industrial areas in the state. Additionally, 23 industrial plots were allotted through…

Rera

Uttar Pradesh RERA removes 12 employees over integrity issues

representative image NEW DELHI: Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has dismissed a total of 12 employees of different categories in the past years on the basis of doubtful integrity and conduct. These include three junior engineers, two LCRA, one assistant accountant, four computer operators, one help desk employee and one peon. Recently, the anti-corruption team arrested an UP-RERA accountant while accepting a bribe from a homebuyer. Sanjay Bhoosreddy, chairman, UP-RERA said, “An affidavit of integrity is also taken from every officer and employee in RERA. CCTV cameras have been installed in all the rooms in RERA office and…

Commercial

Uttar Pradesh government’s GCC policy to position Noida, Lucknow, Varanasi as tech hubs

LUCKNOW: The Uttar Pradesh government on Sunday said its Global Capability Centres (GCC) Policy 2024 focusses on attracting Fortune 500 companies and boost foreign direct investments, and aims to turn cities like Noida, Lucknow, Kanpur, and Varanasi as into hubs of technology and digital services. The policy outlines an ambitious plan to generate over 2 lakh high-paying jobs over the next five years, the state government said in a statement. Special incentives will be offered to attract investment from top global corporations. It will not only accelerate Uttar Pradesh’s economic growth, but will also open doors to a wide array…