+
15 Builders Embrace UP Government's Rehabilitation Package
Real Estate

15 Builders Embrace UP Government's Rehabilitation Package

In a notable development, fifteen more builders have decided to participate in the rehabilitation package offered by the Uttar Pradesh government. This signifies an increasing number of real estate developers acknowledging and opting for the state's initiative designed to tackle issues prevalent in the sector.

The rehabilitation package, introduced by the Uttar Pradesh government, aims to provide a viable solution to challenges faced by builders and developers in completing stalled projects. The growing participation of builders underscores the effectiveness and acceptance of the government's efforts to revitalise the real estate landscape in the state.

Builders opting for the rehabilitation package are expected to benefit from various measures aimed at facilitating the completion of stalled projects, thereby safeguarding the interests of homebuyers and bolstering confidence in the real estate market.

As more builders embrace the rehabilitation package, it reflects a positive response to the state's proactive measures to address issues within the real estate sector. The collaborative approach between the government and builders is indicative of a collective effort to overcome challenges and rejuvenate the real estate market in Uttar Pradesh.

In a notable development, fifteen more builders have decided to participate in the rehabilitation package offered by the Uttar Pradesh government. This signifies an increasing number of real estate developers acknowledging and opting for the state's initiative designed to tackle issues prevalent in the sector. The rehabilitation package, introduced by the Uttar Pradesh government, aims to provide a viable solution to challenges faced by builders and developers in completing stalled projects. The growing participation of builders underscores the effectiveness and acceptance of the government's efforts to revitalise the real estate landscape in the state. Builders opting for the rehabilitation package are expected to benefit from various measures aimed at facilitating the completion of stalled projects, thereby safeguarding the interests of homebuyers and bolstering confidence in the real estate market. As more builders embrace the rehabilitation package, it reflects a positive response to the state's proactive measures to address issues within the real estate sector. The collaborative approach between the government and builders is indicative of a collective effort to overcome challenges and rejuvenate the real estate market in Uttar Pradesh.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Madhya Pradesh Plans Airport Every 150 Km, Airstrip Every 75 Km

The Madhya Pradesh government plans to establish an airport every 150 km, an airstrip every 75 km and a helipad every 45 km, according to the state aviation department. Airports being developed in Ujjain and Shivpuri are expected to take the state’s airport count to 10. The government stated that Madhya Pradesh currently has eight airports in eight cities. The locations named by the department include Indore, Bhopal, Jabalpur, Gwalior, Khajuraho, Rewa and Satna. The state also has more than 20 airstrips and 220 helipads, while permanent helipads are planned in all 230 Assembly constituencies..

Next Story
Infrastructure Transport

West Bengal Plans Four Airports for 2028 Completion Under UDAN

West Bengal will develop four new airports under an agreement signed between the Union Civil Aviation Ministry and the state government, with all facilities targeted for completion by 2028. Union Civil Aviation Minister K Rammohan Naidu said the airports would be located at Charra in Purulia, Kalaikunda in Paschim Medinipur, Balurghat in Dakshin Dinajpur and Hasimara in Alipurduar. The project is part of the Centre’s regional connectivity UDAN programme. The Union government has committed Rs. 290 bn for West Bengal’s aviation sector over the next decade, while the state government will pro..

Next Story
Infrastructure Transport

Mumbai Airport Bars Russian Airlines as Agent Seeks Ministry Intervention

Mumbai airport has stopped accepting cargo booked on Russian flag carrier Aeroflot, disrupting shipments and prompting the airline’s cargo sales agent, Delmos Aviation, to seek intervention from the Ministry of Civil Aviation. The restrictions also affect cargo booked on Volga-Dnepr Airlines, according to a letter submitted by Delmos Aviation to the ministry on September 30. Aeroflot operates daily flights between Moscow and Delhi and runs a winter seasonal service to Goa. Bonded cargo from Mumbai and other cities is transported by road to Delhi before being flown to Russia. The agent said t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code