CommercialLatest Stories

Uttar Pradesh Mega E-Auction for Commercial Plots

Representative AI image KANPUR: The Uttar Pradesh State Industrial Development Authority (UPSIDA) is pivotal in achieving the state’s goal of becoming a USD 1 trillion economy. Led by Chief Minister Yogi Adityanath, UPSIDA is committed to boosting industrialization by creating a conducive environment for investors. This includes rapid development of industrial zones, high-quality infrastructure, transparent e-auction plot allocations, and modern warehousing and commercial facilities. In line with this initiative, UPSIDA is hosting a Mega E-Auction of commercial and industrial plots in various industrial areas, including Mathura, Amethi, Sambhal, Jhansi, Jalaun, Shahjahanpur, Hamirpur, Lucknow, Hapur, Gautam Buddh Nagar, and Fatehpur. Additionally,…

InfrastructureLatest Stories

UP budget allocates ₹750 crore for Noida airport

LUCKNOW: The Uttar Pradesh government has announced an allocation of Rs 2,111 crore for the civil aviation sector in the 2026-27 Budget, emphasizing the development of the upcoming Noida International Airport, as per an official statement following the Budget presentation. Out of this total allocation, Rs 750 crore is designated for the development of the Noida International Airport in the Jewar area of Gautam Buddha Nagar district. The first phase of the airport is being developed through a public-private partnership. The government has also decided to expand the project from the initial plan of two runways to five runways. Efforts…

IndustryLatest Stories

₹3,000 Crore Allocated for Western UP Townships

LUCKNOW: To address the growing need for affordable housing in western Uttar Pradesh, the state government has allocated nearly Rs3,000 crore. This funding will assist families in Agra, Mathura-Vrindavan, Moradabad, and Bagpat, as new townships equipped with modern amenities are set to be developed in these cities. One township will be established in Agra, Moradabad, and Bagpat, while Mathura, a popular religious site, will receive two township projects. Approved in January, the funds are aimed at accumulating the necessary land for the township developments. Local housing development authorities submitted proposals to the housing department last year, requesting initial capital under…

Latest StoriesResidential

UP CM Implements OTS Scheme for Housing Allotment Cases

File Photo LUCKNOW: Chief Minister Yogi Adityanath emphasized the need for a solution-oriented approach to resolve longstanding disputes during a meeting on Wednesday, directing the swift execution of the new One Time Settlement (OTS-2026) scheme aimed at efficiently addressing pending residential and commercial allotments. During the review of housing agencies’ performance, the CM urged senior officials to adopt a flexible approach to legacy issues. Highlighting the significance of one-time settlement schemes, Yogi instructed officials to expedite the allotment of residential units and commercial land that were previously unavailable due to defaults or disputes. The housing board (Avas Vikas Parishad) recently…

IndustryLatest Stories

Uttar Pradesh Housing Board Raises ₹1,000 Crore via New Scheme

LUCKNOW: The housing board has generated an impressive revenue of ₹1,000 crore through its first-come-first-served scheme, launched in October last year. This initiative aims to sell off old units that had remained unsold for various reasons, officially beginning on October 31. The Uttar Pradesh Awas Vikas Parishad compiled a list of unsold properties statewide. Information about the flats, including their coordinates, photographs, and addresses, is available on a centralized portal managed by the department. Housing Commissioner Balkar Singh mentioned that 2,141 flats have been booked by buyers so far, adding that “the scheme is effective until March 31.” To make…

IndustryLatest Stories

Housing Dept Approved to Launch UP Redevelopment Plan

LUCKNOW: The state government has approved the housing department to proceed with the UP redevelopment policy. This initiative is designed to unlock key land parcels in urban areas, providing a framework for housing development authorities to process applications from private entities interested in redeveloping properties. Officials noted that numerous houses and buildings in prime locations remain underutilized due to factors like disputes, poverty, resource shortages, and decay. In many instances, tenants are left residing in dilapidated structures that urgently need repairs and upgrades. Private developers will have the opportunity to consult with stakeholders engaged in the redevelopment process to collaboratively…

Latest StoriesResidential

Aadhaar-Based Property Registration in UP Starts Feb 1

LUCKNOW: On Thursday, the state cabinet approved a proposal for an Aadhaar-based authentication system for property registration. Officials stated this initiative will combat land scams associated with fake registrations. State minister Ravindra Jaiswal mentioned that the decision was made during a review meeting led by Chief Minister Yogi Adityanath on August 28 of the previous year, with the new system set to launch in all sub-registrar offices starting February 1. Through a notification dated August 2, 2024, the UP Online Document Registration Rules, 2024 will be implemented. This will enable the electronic verification of Aadhaar holders using e-KYC, biometric authentication,…

IndustryLatest Stories

UP Plans Metropolitan Corp for Noida Following SC Ruling

NOIDA: The UP Industries Department has drafted a proposal for the establishment of a metropolitan corporation in Noida, pending consideration by the state council of ministers. This initiative would necessitate legislative changes, marking a significant shift in Noida’s governance. At present, Noida is administered by the New Okhla Industrial Development Authority (Noida Authority), established in 1976 under the Uttar Pradesh Industrial Area Development Act, functioning as an industrial township without a municipal corporation. The governance of notified areas solely rests with the Noida Authority. This proposal stems from a Supreme Court order issued in August of last year, following a…

IndustryLatest Stories

Uttar Pradesh Housing Panel Launches Phase Two of Rule Easing

LUCKNOW: On Tuesday, the UP housing department established a six-member committee, chaired by the housing secretary, to initiate the second phase of the compliance reduction and deregulation process. This committee will consist of vice-chairmen from Lucknow, Varanasi, and Ghaziabad, along with the state’s chief town planner and Awas Bandhu’s director. After securing the top position in the first phase of the deregulation initiative nationwide, the UP government has tasked key departments with identifying bottlenecks causing delays in processing applications from individuals and private entities. “We will assess all our services to enhance the working environment for all stakeholders. Our primary…

Latest StoriesResidential

Over 62 Lakh Families Benefited from PMAY-Urban: UP CM

File Photo LUCKNOW: Chief Minister Yogi Adityanath announced that over the past nine years, more than 60 lakh families have received housing benefits in both urban and rural areas of the state. With an additional 2 lakh families included on Sunday, the total has reached 62 lakh. “This marks the first time since independence that so many families have fulfilled their dream of owning a permanent house,” the CM stated during a program at Indira Gandhi Pratishthan in Lucknow, where he transferred the first installment to 2.09 lakh approved beneficiaries of the Pradhan Mantri Awas Yojana (Urban) 2.0. “This is…