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Builders should get back trust of people: UP CM

Builders should get back trust of people: UP CM

Lucknow, Jul 23 (UNI) Claiming that people have lost trust on the real estate sector, Uttar Pradesh Chief Minister Yogi Adityanath today said the biggest challenge facing builders was to get back that trust, so that this sector can get back to track in the state. 'My four months experience in government says that there is big mis-trust between the builders and the buyers. The builders have taken hard earned money of buyers and has failed to complete the projects in a specified time,' Mr Yogi said, while addressing the UP Ahead Conclave, organised by the Confederation of Real Estate Developers Association of India (CREDAI), here. He said the biggest casualty is the Greater Noida and Noida region, where even after paying money, over 1.5 lakh buyers are yet to get their houses. This is the loss of face for the builders. The government has intervened and many builders have reacted positively, he added. 'Still, much is needed to be done. If this issue cannot be resolved through dialogue, the government will be bound to take action against the builders. 'The second problem government is facing, is about mushrooming of illegal colonies in the state. The developers build colonies without proper drainage, light or water. Later, the government development authorities are forced to take it over because these become a den of illegal activities.' Such colonies should be restricted as state-run development agencies do not have enough funds to build infrastructure in these colonies,' he pointed out. He said as per the vision of Prime Minister Narendra Modi, to have houses for all by 2022, the state government wants to construct as many houses as possible. 'In rural areas, we need over 48 lakh houses. In Urban areas, the figure is even bigger. Under the PM Rural Housing Scheme, the government wants to construct 10 lakh houses in this fiscal, while in urban areas, over two lakh houses will be constructed,' the Chief Minister said. Mr Adityanath also talked about the different schemes government has taken up to build infrastructure through its budgetary allocations. 'With the help of the Union Government, we are building smart cities, which will have the best infrastructure facilities. Under the regional connectivity programme, plans are afoot to connect big cities of the state,' he added. On this occasion, the Chief Minister also released a book 'The Monk who became Chief Minister'. UNI MB RJ SHK 1939

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