Up Housing Board Slashes Ghaziabad Flat Prices

27 Feb 2024 CW Team

In a significant move, the Uttar Pradesh Housing Board has implemented a substantial reduction in the cost of flats in Ghaziabad, with prices now lowered by up to 42%. This decision aims to make housing more affordable and accessible to a wider segment of the population, aligning with the state government's commitment to promoting affordable housing initiatives.

The price reduction is expected to benefit prospective homebuyers and boost the real estate market in Ghaziabad. The move is not only a response to the growing demand for affordable housing options but also a strategic step to stimulate economic activity in the region.

By slashing flat prices, the Uttar Pradesh Housing Board aims to address the housing needs of various income groups and contribute to the government's vision of housing for all. The decision is likely to attract homebuyers looking for budget-friendly options, thereby invigorating the real estate sector in Ghaziabad.

This initiative reflects the commitment of the state authorities to create a conducive environment for the real estate market while prioritising the welfare of its residents. The reduced flat prices are anticipated to have a positive impact on the housing sector, encouraging more people to invest in homes and fostering overall economic growth.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..