UP to develop five hi-tech townships

Image
Press Trust Of India New Delhi/ Lucknow
Last Updated : Jan 29 2013 | 3:33 AM IST

The Uttar Pradesh government has decided to develop five more hi-tech townships in the state, equipped with modern facilities. Two hi-tech townships would be developed in the National Capital Region (NCR), while three other would come up in non-NCR cities, a senior official said today. “Tenders for selecting the private agency, which will develop the townships, would be floated soon,” he added. The state government has already released licences for development of 10 hi-tech townships in seven cities, the official said, adding that work on some had already started.

The officer said that the decision to develop five more townships was taken during a high-level meeting chaired by the state chief secretary. NCR towns, where the new townships would be developed, include Khurja and Bulandshahar.

Non-NCR towns identified by the government are Lucknow, Allahabad and Saharanpur, the officer said.

In the wake of increasing housing demand, specially high class societies, in the big cities, the previous Mulayam Singh led government formulated a hi-tech township policy in 2003.

Under the policy, a private developer is required to develop a township, of international standards, on minimum 1,500 acre of land with an investment of Rs 750 crore.

The townships would have self-reliant units like infrastructure, education, health, information technology and banking.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 23 2009 | 12:00 AM IST

Next Story