Uttar Pradesh will develop 14 townships for which development authorities have been given Rs 1,285 crore. These will be developed in nine cities, including Lucknow and Ayodhya.
The other cities where these townships are to be developed include Meerut, Mathura, Saharanpur, Moradabad, Firozabad, Khurja and Banda. The civic development authorities of these cities have been given seed money for land acquisition.
The Uttar Pradesh government has launched a high-tech township near Jewar International Airport to enhance infrastructure and urban development. The project offers 451 residential plots, with a registration deadline of November 30 and a lottery draw on December 27.#UPGovtProject pic.twitter.com/EwEyEKVXOW
— IREADA (@ireadaindia) December 1, 2024
Total money to be spent on land acquisition is calculated to be Rs 4,164.16 crore of which 1,285 crore which has been given now is the first installment. The investment model that has been agreed on is a partnership wherein the development authorities will match the government grant. The second installment will be released only after a certificate of completion is released at the 75 per cent mark.
The two big plans in Lucknow that will come up under this are the IT city and the Wellness City. The seed capital offered for these townships is Rs 197.85 crore and Rs 206.85 crore respectively.
These developments should be viewed within the state government’s emphaisis on urbanisation.
Among the goals of the state’s Township Policy of 2023 is to make available affordable and good quality housing and open the way for new, private players. All civic complaints in these new townships shall go to the city’s development authorities. Two kinds of townships- those with a population below five lakh and those with above that number will be taken up for development under the policy.
The first test flight successfully lands at the newly constructed #JewarAirport. The Noida International Airport successfully conducted the first flight validation test, paving the way to begin its full-fledged operations next year.#NoidaAirport | @MoCA_GoI | @IndiGo6E pic.twitter.com/jBmTohzFdP
— All India Radio News (@airnewsalerts) December 9, 2024
On the other hand, the state has also initiated investment by foreign countries to set up townships around the newly opened Jewar Airport, Noida. South Korea and Japan will be setting up residential townships near the airport on 365 and 395 hectares respectively. The government hopes this area will emerge as a hub for semi-conductors too.
Americans are also setting up a 1,200 acre township which has schools, colleges and cultural institutions.
