Tag: Uttar Pradesh

Latest StoriesResidential

Ownership Verification Required Before Property Registration in UP

LUCKNOW: On Tuesday, the Cabinet made a significant decision regarding property sales registration, mandating the stamp and registration department to verify property ownership details prior to registration. Ravindra Jaiswal, the Minister of State (Independent) for Stamp and Registration, stated that new rules will soon be established to require verification of ‘khatauni’ (land records) and ownership documents before registration, aiming to eliminate fraudulent or contested land registrations. “We have encountered multiple instances where properties are sold by individuals who are not the legitimate owners, including prohibited or restricted properties, properties sold beyond legal ownership rights, and even those owned by the…

Latest StoriesResidential

Uttar Pradesh Cabinet Greenlights Affordable Housing Policy

LUCKNOW: On Tuesday, the state cabinet approved a new policy to implement affordable housing initiatives under the Pradhan Mantri Awas Yojana-Urban 2.0, including affordable housing in partnership (AHP) and affordable rental housing (ARH) components. The initiative aims to provide accessible housing for middle-income and economically weaker sections of society. Beneficiaries will receive financial aid of Rs 1.5 lakh from the Centre and Rs 1 lakh from the state government. Additionally, developers of approved projects will benefit from exemptions on land-use change charges, map approval fees, and external development fees. Beneficiaries will also enjoy reduced stamp duty rates. Under the ARH…

InfrastructureLatest Stories

Cabinet Approves ₹3,630.77 Cr for Jewar Airport Road Connectivity

NEW DELHI: On Tuesday, the Cabinet approved a revised total capital expenditure of ₹3,630.77 crore for the development of road connectivity to the forthcoming Jewar International Airport in Uttar Pradesh. The proposed 31.42-kilometer corridor will offer direct, high-speed connections from South Delhi, Faridabad, and Gurugram to the airport, boosting economic growth and logistics efficiency across the National Capital Region (NCR), according to an official statement. The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, has endorsed a revised budget of ₹3,630.77 crore for creating greenfield connectivity to the airport via the Delhi-Faridabad-Ballabhgarh-Sohna Spur of the Delhi-Mumbai…

InfrastructureLatest Stories

Jewar Airport Set to Open Soon, Says Civil Aviation Minister

NEW DELHI: The government announced on Monday in the Rajya Sabha that the Jewar airport in Uttar Pradesh has received its aerodrome license and will be inaugurated shortly. In response to questions about the Noida International Airport at Jewar during Question Hour, Minister for Civil Aviation, Kinjarapu Rammohan Naidu, stated that there is a typical timeframe of 45 days to two months from the issuance of the aerodrome license to the commencement of actual flight operations. “I’m pleased to share that the first aerodrome license has been granted by the DGCA following extensive consultations with institutions such as the Airport…

IndustryLatest Stories

Uttar Pradesh: Water Bodies Required for 10-Acre Projects

Representative AI image LUCKNOW: The housing department has mandated that construction firms and individuals undertaking residential, commercial, mixed-use, or other real estate projects of 10 acres or more must allocate 1% of the land for a waterbody. This initiative aims to enhance groundwater recharge, as the water from the reservoir will be recycled for non-potable purposes like cleaning, green maintenance, and dust suppression. While existing provisions for rainwater conservation in group housing projects are present, incorporating a waterbody in the layout will facilitate water diversion and recycling for diverse daily needs. Senior officials from the department emphasized their goal of…

IndustryLatest Stories

Big FM Ventures into Real Estate Market

NEW DELHI: Big FM, part of Reliance Broadcast Network, has ventured into the Indian real estate market with its new division, Big FM Realty. The company aims to achieve a revenue target of ₹3,500-₹4,000 crore over the next three years. It has acquired around 80 acres of land on the Lucknow-Bahraich Road in Bahraich, Uttar Pradesh. This mixed-use township development is expected to generate approximately ₹1,200 crore in revenue. Published On Mar 2, 2026 at 02:00 PM IST Join a community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your…

Latest StoriesRegulatory

ED Seizes ₹598 Crore in Assets from Ansal Properties Case

Sure! Here’s a rewritten version of the content: NEW DELHI: The Enforcement Directorate (ED) announced on Wednesday the attachment of land valued at Rs 598 crore in Agra, Uttar Pradesh, part of an investigation into money laundering involving Ansal Properties and Infrastructure Ltd. (APIL). The inquiry is focused on significant irregularities related to the acquisition and release of land in Gurugram’s sectors 58-63 and 65-67. The ED stated that it has issued a provisional order under the Prevention of Money Laundering Act (PMLA) to seize land in Agra amounting to over Rs 598 crore. The properties are registered under various…

IndustryLatest Stories

UP Approves Policy to Redevelop Buildings Over 25 Years Old

GHAZIABAD: On February 10, the Uttar Pradesh government announced the Urban Redevelopment Policy, 2026, introducing a comprehensive framework for redeveloping unsafe and dilapidated buildings that contribute to “urban decay” and pose risks to residents statewide. The policy allows for the redevelopment of both public and private housing projects that are at least 25 years old and cover a minimum of 1,500 square meters, contingent on a mandatory structural audit. Additionally, defunct industrial units shuttered for over three years and declared bankrupt by the National Company Law Tribunal, without any ongoing legal disputes, are also eligible. Government agencies will oversee the…

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…