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Bank of Maharashtra's Stellar Q1 FY26 Performance

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Bank of Maharashtra's Stellar Q1 FY26 Performance
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UP's Vertical Growth: New Building Norms to Transform Lucknow, Kanpur, Ghaziabad (July 2025)



Introduction: Reshaping Uttar Pradesh's Skylines

Uttar Pradesh, a state rapidly advancing on the path of economic development, is set to witness a significant transformation in its urban landscape. As of July 12, 2025, the Uttar Pradesh state cabinet has approved groundbreaking new building bylaws that will fundamentally change how cities like Lucknow, Kanpur, and Ghaziabad grow. This strategic shift towards vertical development aims to address the burgeoning housing demand, potentially lower property prices, and create more sustainable urban environments.

The New Building Bylaws: A Paradigm Shift

The newly approved building norms are poised to usher in an era of taller, denser constructions across major UP cities, excluding Noida which operates under a separate industrial development authority. Key features of these revised bylaws include:

  • Relaxed Height and Density Restrictions: Developers will now have greater flexibility to construct higher buildings. This is a direct response to increasing urbanization and the need to optimize limited land resources.
  • Significantly Increased Floor Area Ratio (FAR): The permissible FAR has been substantially boosted, particularly for group housing projects along wider roads (24-45 meters wide, with FAR more than doubled to 5.25 in built-up areas and 8.75 in non-built-up areas). For roads wider than 45 meters, FAR restrictions are virtually removed, subject to proximity to airports or critical installations. This empowers developers to build more units on available land.
  • Mixed-Use Development: The bylaws allow developers to use up to 5% of the availed FAR for commercial facilities, either on the ground floor of residential towers or in separate buildings. This promotes integrated communities with essential services close at hand.
  • Individual Homes Flexibility: Even individual homes can now be constructed up to three storeys or 15 meters in height, with increased FARs. Multi-unit buildings on plots of at least 150 sq m can go up to four storeys, including a stilt floor.

Driving Forces and Expected Outcomes

Real estate experts suggest these changes are not only a response to urban population growth but also a strategic move following major infrastructure developments like new metro lines and the Regional Rapid Transport System (RRTS) corridor. The aim is to unlock higher density, mixed-use development within transit routes, leveraging improved connectivity.

The expected outcomes are significant:

  • Boost in Housing Supply: By allowing higher construction, the government anticipates a surge in housing units, helping to meet demand.
  • Moderating Property Prices: Increased supply is expected to help moderate price escalation and gradually improve affordability in these key urban markets.
  • Future Readiness: The bylaws mandate electric vehicle (EV) infrastructure in all new group housing societies (20% of parking spaces with EV charging) and promote green building incentives. Plots over 3,000 sq m must allocate 10-15% area for parks and open spaces.
  • Streamlined Approvals: A critical aspect is the mandate for departments like NHAI, fire services, and PWD to issue No-Objection Certificates (NOCs) within defined timeframes, aiming to minimize project delays.

Implications: A Transformed Urban Fabric

This policy shift is set to profoundly impact the urban fabric of Lucknow, Kanpur, and Ghaziabad. While concerns about potential oversupply exist, current market trends show strong housing demand, suggesting a significant glut is unlikely in the near term. Instead, these cities are poised for more organized, vertical growth, creating denser, more accessible, and potentially more affordable living spaces for their growing populations. This move by the UP government reflects a forward-looking approach to urban planning, aiming for sustainable and efficient metropolitan development.

Conclusion: Paving the Way for Smart Cities

Uttar Pradesh's new building norms are a landmark step towards creating modern, high-density urban centers. By fostering vertical growth, integrating essential amenities, and streamlining development processes, the state is actively working to ensure its major cities can accommodate rapid urbanization while striving for affordability and sustainability. This strategic vision will undoubtedly shape the future of urban living in the heart of India.

Sources & Disclaimers

Sources:

  • Hindustan Times, "Uttar Pradesh's new building norms: Will vertical growth in Ghaziabad, Lucknow, Kanpur help lower property prices?" (July 6, 2025).
  • Dynamite News, "UP Cabinet approves key proposals for infrastructure, employment, and urban development" (July 3, 2025).
  • The Times of India, Reports on UP Cabinet decisions (various dates in July 2025).
  • Real estate expert analyses as of July 12, 2025.

Disclaimer for Viewers:

This blog post is based on publicly available news and information as of Saturday, July 12, 2025, 3:55:00 PM IST. While every effort has been made to ensure accuracy, urban development plans and real estate market conditions are dynamic and can change.

The content provided herein is for informational and educational purposes only and does not constitute financial, investment, legal, or professional advice. Readers should consult with qualified real estate and legal professionals before making any property-related decisions.

The analysis and interpretations presented are the author's professional opinion based on the available information and should not be taken as definitive forecasts or recommendations. Any projections or forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially.

This post may contain links to external websites for further reading. We are not responsible for the content or accuracy of external sites. All sources are credited appropriately. Reproduction of this content without proper attribution is prohibited.

Bank of Maharashtra's Stellar Q1 FY26 Performance
credittohai 12 July 2025
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