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Atishay Secures Letter of Intent from Punjab Urban Planning & Development Authority
📷 Image: Wikimedia Commons / Komalhaze
Business

Atishay Secures Letter of Intent from Punjab Urban Planning & Development Authority

✍️ Business Standard 🗓 29 Sep 2026, 05:17 AM 👁 16
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Atishay has received a Letter of Intent (LoI) from the Punjab Urban Planning & Development Authority, signalling a potential partnership in upcoming urban development projects.

In a recent development, Atishay has been granted a Letter of Intent by the Punjab Urban Planning & Development Authority (PUDA). The LoI marks the beginning of formal discussions between the company and the state agency. While details of the proposed projects remain undisclosed, the agreement is expected to pave the way for joint initiatives aimed at enhancing urban infrastructure across Punjab.

PUDA, which oversees planning and development across the state, has previously engaged with several private entities to accelerate growth in key cities. The new partnership with Atishay is seen as a step toward diversifying the state’s development portfolio.

Industry observers note that such collaborations often lead to accelerated project timelines and shared expertise, potentially benefiting local communities and investors alike.
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