UP government to provide employment opportunities in the real estate sector
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, is planning to promote the real estate sector by providing more facilities to investors. The move aims to open up new employment opportunities by providing business places along with houses based on the needs of the people. The Housing Department has already tied up with 11 investors for the ground-breaking ceremony to be held soon in Uttar Pradesh. The investors will arrange the land and bring residential and business plans on it, providing employment to about 39,650 people by investing Rs 142,649 crore.
Key Highlights
– The Housing Department has sought a proposal from the investor, and the investors will arrange the land and bring residential and business plans on it.
– The purpose of providing more convenience to the investors is to open up new employment opportunities by providing business places along with houses based on the needs of the people.
– The Housing Department will give licenses to the investors to bring the scheme, and after passing the layout from the meeting of the Development Authority Board, permission will be given to bring this scheme.
– The Uttar Pradesh government wants people to get comfortable houses in cities at low prices and not have to buy land in illegal societies.
The move is expected to provide employment opportunities to around 40,000 people in the real estate sector in Uttar Pradesh. Investors investing in this sector will be given more facilities than before, and the government aims to provide business places along with houses based on the needs of the people. This move is part of the government’s efforts to provide affordable housing to people in urban areas and reduce the cost of land. The government also plans to provide more convenience to the investors to open up new employment opportunities in the state.
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