New Ayodhya project to be launched in next 2 months by UP government
Real Estate

New Ayodhya project to be launched in next 2 months by UP government

According to a top official, the Uttar Pradesh government plans to begin construction on the 1,400- acre New Ayodhya project within the next two months, in order to transform the temple town of Ayodhya into a popular destination for modern religious travellers. In two phases, the UP Housing Board would purchase large portions of land in the Ayodhya district. For the required approvals, coordination with the state's real estate regulator, the UP Real Estate Regulatory Authority (RERA), has already started.

The development of new urban centres with the aid of private investment is urgently required, according to Nitin Ramesh Gokarn, Principal Secretary for UP Housing and Urban Development. He declared that the government will set up a cooperation system for a model of sustainable development. In addition to plots for commercial activity, the New Ayodhya township will include homes, guest rooms, hotels, warehouses, religious, and cultural centres.

The Yogi Adityanath administration is moving forward with the infrastructure and development projects in the temple town as the Ayodhya international airport project is swiftly approaching completion and the Lord Ram temple is anticipated to be finished by September. A number of infrastructure and development projects totalling Rs 4.65 billion for Ayodhya were recently approved by the Yogi Cabinet. As the flagship projects are completed, the temple town is projected to experience a significant increase in visitor numbers. More than 20 million tourists visited Ayodhya in the first half of 2022.

According to the Ayodhya Vision 2047 theme, the anticipated cost to the exchequer of modernising Ayodhya is Rs 300 billion. The state and federal governments would invest the money in roughly 260 projects in the fields of tourism, aviation, infrastructure, housing, medicine, energy, culture, urban development, transportation, etc.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

According to a top official, the Uttar Pradesh government plans to begin construction on the 1,400- acre New Ayodhya project within the next two months, in order to transform the temple town of Ayodhya into a popular destination for modern religious travellers. In two phases, the UP Housing Board would purchase large portions of land in the Ayodhya district. For the required approvals, coordination with the state's real estate regulator, the UP Real Estate Regulatory Authority (RERA), has already started. The development of new urban centres with the aid of private investment is urgently required, according to Nitin Ramesh Gokarn, Principal Secretary for UP Housing and Urban Development. He declared that the government will set up a cooperation system for a model of sustainable development. In addition to plots for commercial activity, the New Ayodhya township will include homes, guest rooms, hotels, warehouses, religious, and cultural centres. The Yogi Adityanath administration is moving forward with the infrastructure and development projects in the temple town as the Ayodhya international airport project is swiftly approaching completion and the Lord Ram temple is anticipated to be finished by September. A number of infrastructure and development projects totalling Rs 4.65 billion for Ayodhya were recently approved by the Yogi Cabinet. As the flagship projects are completed, the temple town is projected to experience a significant increase in visitor numbers. More than 20 million tourists visited Ayodhya in the first half of 2022. According to the Ayodhya Vision 2047 theme, the anticipated cost to the exchequer of modernising Ayodhya is Rs 300 billion. The state and federal governments would invest the money in roughly 260 projects in the fields of tourism, aviation, infrastructure, housing, medicine, energy, culture, urban development, transportation, etc.

Next Story
Real Estate

Singapore's CapitaLand Plans Major India Expansion

CapitaLand Investment Limited (CLI), one of Singapore's largest real estate investment managers, has announced plans to significantly expand its investments in India. The company aims to more than double its India portfolio by 2028, signaling its confidence in the country?s burgeoning real estate market. Current Portfolio and Growth Target: CLI currently manages assets worth USD 3.3 billion in India. With its sights set on future growth, the company is targeting a dramatic increase in its India investment kitty to over USD 7 billion by 2028. This move comes as part of a broader strategy to ca..

Next Story
Infrastructure Transport

Air India MRO Facility Key Hub

Air India has launched a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru Airport City, establishing a crucial hub for aircraft servicing in India?s burgeoning aviation sector. This new MRO facility aims to enhance Air India?s operational capabilities, improve turnaround times for aircraft maintenance, and reduce reliance on overseas servicing. Strategic Importance of Bengaluru: The facility, located at the Kempegowda International Airport (KIA) in Bengaluru, is strategically positioned to serve as a critical aviation hub. Bengaluru is a key center for both domest..

Next Story
Infrastructure Transport

BMC Notifies Properties for Water Tunnel

The Brihanmumbai Municipal Corporation (BMC) has initiated a crucial step in Mumbai's infrastructure development by notifying several properties for its ambitious underground water tunnel project. This project aims to bolster the city's water supply system, ensuring a more reliable and efficient distribution network. Project Overview: The underground water tunnel project is designed to address Mumbai's increasing demand for water by creating a robust network of tunnels deep below the surface. This tunnel system will transport water from reservoirs directly to various parts of the city, signif..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000