Uttar Pradesh CM Yogi Adityanath, speaking at the India Today Conclave 2025, elaborated on the state's strategy to leverage its rich cultural heritage and religious tourism to drive economic progress.
Uttar PradeshYogi AdityanathMahakumbhEconomic DevelopmentReligious TourismReal Estate NewsMar 10, 2025

The Mahakumbh is one of the world's largest religious gatherings, held in Allahabad (now Prayagraj), India. It attracts millions of pilgrims and is a significant spiritual and cultural event.
The Mahakumbh generates substantial revenue for local businesses, creates numerous job opportunities, and attracts tourists, thereby boosting the state's economy.
Uttar Pradesh is home to numerous historical sites, including the Taj Mahal in Agra, the historic city of Varanasi, and the ancient temples in Mathura.
The 'Purvanchal Vikas Yojana' is a development initiative aimed at improving the eastern region of Uttar Pradesh, which includes important pilgrimage sites like Ayodhya.
The state government is focusing on sectors such as agriculture, manufacturing, IT, and tourism, as well as promoting skill development and education.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.