UP Housing Board Finalises 40-Acre Development Plan in Vasundhara
Real Estate

UP Housing Board Finalises 40-Acre Development Plan in Vasundhara

The Uttar Pradesh Housing and Development Board (UPHDB) has finalised a 40-acre development plan in sectors seven and eight of Vasundhara, Ghaziabad, under a mixed land use model. The layout includes a 10-acre satellite centre for the All India Institute of Medical Sciences (AIIMS) and two major plots of 20 and 10 acres for group housing and commercial use.

According to officials, the project falls under the Transit-Oriented Development (TOD) zone of the Regional Rapid Transit System (RRTS) corridor, with the Sahibabad Namo Bharat station located nearby. The auction process for the plots is expected to begin soon.

The overall land bank in these two sectors totals 80 acres, with the first 40 acres cleared for phase one. The development is projected to accommodate a population of 25,000. Vacant land in the area benefits from proximity to both the RRTS corridor and the Hindon elevated road.

A 240-metre bridge is also planned across the Hindon canal to connect Siddharth Vihar with Vasundhara and provide direct access to Delhi and Meerut via the elevated road. The board estimates land auction rates to be around Rs 125,000 per square metre.

Source: Hindustan Times

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Uttar Pradesh Housing and Development Board (UPHDB) has finalised a 40-acre development plan in sectors seven and eight of Vasundhara, Ghaziabad, under a mixed land use model. The layout includes a 10-acre satellite centre for the All India Institute of Medical Sciences (AIIMS) and two major plots of 20 and 10 acres for group housing and commercial use. According to officials, the project falls under the Transit-Oriented Development (TOD) zone of the Regional Rapid Transit System (RRTS) corridor, with the Sahibabad Namo Bharat station located nearby. The auction process for the plots is expected to begin soon. The overall land bank in these two sectors totals 80 acres, with the first 40 acres cleared for phase one. The development is projected to accommodate a population of 25,000. Vacant land in the area benefits from proximity to both the RRTS corridor and the Hindon elevated road. A 240-metre bridge is also planned across the Hindon canal to connect Siddharth Vihar with Vasundhara and provide direct access to Delhi and Meerut via the elevated road. The board estimates land auction rates to be around Rs 125,000 per square metre. Source: Hindustan Times

Next Story
Infrastructure Energy

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..

Next Story
Infrastructure Energy

S&P Global Says Tariff And Investment Rules Needed In Power Market

Researchers at S&P Global Energy, the research arm of S&P Global, said that government regulation on tariff and investment should complement competition in power markets, since transmission and distribution remain natural monopolies requiring large capital investments. The firm argued that enabling competition among existing companies is more important than bringing in more entrants. It noted that the power sector is a heavy industry where scale delivers value, particularly in transmission and distribution. The researchers emphasised that regulation must address tariff setting and investment p..

Next Story
Infrastructure Energy

Assam Expands Power Infrastructure To Meet Rising Demand

Assam is expanding its power infrastructure to meet rising demand and to become an energy-surplus state, Chief Minister Himanta Biswa Sarma said. The administration has accelerated investments and projects aimed at strengthening supply across the state. The expansion forms part of broader development planning that links energy availability to economic and social objectives. The state currently operates 82 substations and a grid with 10,000 megavolt-ampere (MVA) capacity supported by a 5,300 circuit-kilometre transmission network. Officials said these assets form the backbone of distribution an..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement