Up Housing Board Slashes Ghaziabad Flat Prices
Real Estate

Up Housing Board Slashes Ghaziabad Flat Prices

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.

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.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?