Rs.681 Million Allocated for Sector 10 Land Acquisition
Real Estate

Rs.681 Million Allocated for Sector 10 Land Acquisition

The Uttar Pradesh government has announced the allocation of a staggering Rs.681 million for the acquisition of land in Sector 10, Noida. This significant investment underscores the state's commitment to infrastructure development and urban expansion in the region. The move aims to facilitate the development of vital infrastructure projects and enhance the overall socio-economic landscape of Noida.

The funds have been earmarked for the acquisition of land parcels in Sector 10, a prime area in Noida known for its strategic location and potential for development. This allocation signals the government's proactive approach towards addressing land acquisition challenges, ensuring a smoother and expedited process for upcoming projects.

Sector 10, with its proximity to key transportation hubs and commercial centres, holds immense promise for urban growth and development. The infusion of Rs.681 million will not only facilitate the acquisition of land but also pave the way for the implementation of various infrastructural initiatives, including road development, housing projects, and commercial establishments.

The decision to release such a substantial amount underscores the state government's vision for holistic development and prosperity in Noida. By investing in land acquisition, the authorities aim to unlock the area's potential for sustainable growth and create a conducive environment for businesses, residents, and investors alike.

Furthermore, the allocation of ?681 million reflects the government's confidence in Noida's future as a vibrant urban centre. This investment is poised to catalyse economic activity, spur job creation, and elevate the city's status as a preferred destination for investment and living.

In conclusion, the release of ?681 million for land acquisition in Sector 10, Noida, marks a significant milestone in the region's development journey. This substantial investment underscores the government's commitment to infrastructure development, urban expansion, and socio-economic progress. As Noida continues to evolve as a dynamic urban hub, such initiatives will play a pivotal role in shaping its future trajectory and ensuring inclusive growth for all stakeholders.

The Uttar Pradesh government has announced the allocation of a staggering Rs.681 million for the acquisition of land in Sector 10, Noida. This significant investment underscores the state's commitment to infrastructure development and urban expansion in the region. The move aims to facilitate the development of vital infrastructure projects and enhance the overall socio-economic landscape of Noida. The funds have been earmarked for the acquisition of land parcels in Sector 10, a prime area in Noida known for its strategic location and potential for development. This allocation signals the government's proactive approach towards addressing land acquisition challenges, ensuring a smoother and expedited process for upcoming projects. Sector 10, with its proximity to key transportation hubs and commercial centres, holds immense promise for urban growth and development. The infusion of Rs.681 million will not only facilitate the acquisition of land but also pave the way for the implementation of various infrastructural initiatives, including road development, housing projects, and commercial establishments. The decision to release such a substantial amount underscores the state government's vision for holistic development and prosperity in Noida. By investing in land acquisition, the authorities aim to unlock the area's potential for sustainable growth and create a conducive environment for businesses, residents, and investors alike. Furthermore, the allocation of ?681 million reflects the government's confidence in Noida's future as a vibrant urban centre. This investment is poised to catalyse economic activity, spur job creation, and elevate the city's status as a preferred destination for investment and living. In conclusion, the release of ?681 million for land acquisition in Sector 10, Noida, marks a significant milestone in the region's development journey. This substantial investment underscores the government's commitment to infrastructure development, urban expansion, and socio-economic progress. As Noida continues to evolve as a dynamic urban hub, such initiatives will play a pivotal role in shaping its future trajectory and ensuring inclusive growth for all stakeholders.

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?