Uttar Pradesh govt allocates ₹6,000 crore for greenfield townships

The Uttar Pradesh government has allocated over ₹6,000 crore for greenfield township projects across the state.

 

Around 18 township projects are set to launch in Tier-II and III cities, including Agra, Aligarh, Ayodhya, Banda, Bulandshahr, Rampur, Meerut, Kanpur, Jhansi, Moradabad, Mathura, Firozabad and Saharanpur.

 

“These townships will be developed under the UP Township Policy 2023 to provide affordable housing to the people in various districts,” a senior official said.

 

The policy aims to boost private investment in developing modern, affordable townships equipped with quality civic amenities. Each township will span at least 12.5 acres and the state will provide 50 per cent of funds for the land acquisition. Ten per cent of housing in each project will be reserved for the economically weaker section and low-income group. 

 

While some projects are likely to be launched next month, the remaining township projects would start in October around Diwali.

 

The housing and urban planning department, led by Principal Secretary P. Guruprasad, has reviewed the progress of the proposed township projects. District development authorities are asked to expedite land availability. Strict provisions mandate timely completion, with penalties and even confiscation of property in case of violations.

 

The state government is targeting development of 100 new townships across the state using the public private partnership to decongest cities, generate employment and integrate housing with economic activity. The department has already received about 450 proposals from private investors.