CREDAI Western UP has urged the government to introduce key policy reforms aimed at accelerating the growth of the real estate sector and making housing more affordable. The association highlighted the urgent need for streamlined approval processes, reduction in high land costs, and improved infrastructure to support sustainable urban development. According to CREDAI, simplifying regulatory procedures will not only attract more investors but also encourage timely project completions, directly benefiting homebuyers and developers alike.
The real estate body emphasized that affordable housing remains a critical priority in the region. With rising demand and limited supply, CREDAI Western UP believes that proactive policy changes can bridge the gap and provide better access to quality housing for the middle and lower-income segments. They also called for rationalization of GST rates and more incentives for affordable housing projects, which would lower the overall cost burden on buyers and stimulate market activity.
Furthermore, CREDAI Western UP pointed out the importance of public-private partnerships in achieving large-scale infrastructure projects. By fostering collaboration between government authorities and private developers, the region can witness faster urban expansion and better civic amenities. The association also advocated for digitization in land records and approval systems, which would bring more transparency and efficiency to the real estate ecosystem.
These policy recommendations from CREDAI Western UP reflect the collective voice of developers seeking to revitalize the sector. With the right reforms, the region could experience robust growth, attract new investments, and significantly improve housing affordability. Stakeholders are hopeful that the government will consider these suggestions to ensure a brighter future for the real estate industry in Western Uttar Pradesh.
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