Business Standard

Uttar Pradesh plans to buy 43,000 acres of land for Rs 7.3 trillion

According to estimates, the state requires about 6.4 million new housing units in the urban and suburban centres in the next five years to meet the target

Analysts said that since the pandemic began, kickstarting capital expenditure, especially on infrastructure, has been a priority for the government.
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Virendra Singh Rawat Lucknow
The Uttar Pradesh government plans to acquire nearly 43,000 acres of land with an investment of Rs 7.3 trillion to achieve its ‘housing for all’ goal by 2027.

According to estimates, the state requires about 6.4 million new housing units in the urban and suburban centres in the next five years to meet the target.

The construction of 6.4 million units belonging to different socioeconomic categories would require 75,000 acres of land. While the government already has 32,000 acres, it will have to acquire the remaining 43,000 acres.

Chief Minister Yogi Adityanath has noted that the housing sector’s contribution to

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