Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Lucknow

LDA begins work on 1,084-hectare Naimish Nagar township in Lucknow

Lucknow Development Authority (LDA) commenced work on the Naimish Nagar model township project along Sitapur Road, designed to accommodate around 300,000 residents. The first site office is being set up in Purva village, with land acquisitions progressing under a consent-based policy across eighteen targeted villages. The township will feature residential, commercial, and public amenities while supporting industrial, healthcare, educational, and logistics growth. The initiative is also aimed at improving local infrastructure and creating significant employment opportunities for the region.Read more

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Lucknow to get new Fortune Hotel as ITC expands in Uttar Pradesh

ITC Hotels' Fortune brand is expanding in Uttar Pradesh with a new property in Lucknow through a tie-up with CEM Hospitality, bringing its operational presence in the state to seven hotels. Located on Lucknow-Kanpur Road, the 93-room hotel will feature a multi-cuisine restaurant, rooftop dining, a bar, banquet halls, a swimming pool, gym, and spa. CEM Hospitality Chairman Indermohan Singh said the partnership leverages Fortune's strong brand and operational expertise. The group already operates hotels in Lucknow, Aligarh, Ghaziabad, and Noida, with new developments underway in Ayodhya and other locations, reflecting its strategy to strengthen its presence in high-growth destinations.Read more

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Lucknow set for urban makeover with new housing, bylaws and commercial policy

In a significant push towards urban transformation, the Lucknow Development Authority (LDA) approved a series of building bylaw amendments and housing initiatives during a board meeting held this past week. The decisions included permitting housing development on government roads narrower than nine metres, launching group housing projects, and shifting commercial land allotment to a first-come, first-served model. Other proposals sanctioned include a modern transport terminal at Charbagh, e-vehicle charging stations, and digital preservation of land records. Affordable housing continues to be a key priority, with registrations underway for nearly 1,832 units.Read more

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Lucknow Development Authority to hike development fees near expressways

The Lucknow Development Authority moved proposals to increase development charges and special amenity fees for properties within a 500 metre radius of major expressways like Shaheed-Path, Kisan-Path and the Green Corridor. Funds from these hikes will be earmarked for infrastructure and civic upgrades. Additional plans include new housing schemes, land-use conversions, land allocations for e-auto charging stations and a PPP bus terminal, and digitisation and financial borrowing proposals. All key ongoing housing and expansion projects, including those at Anantnagar, IT City and Kamdhenu Nagar, feature in the agenda.Read more

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Lucknow updates property rates; new QR code system launched for rate verification

Lucknow's property market has seen a rise in official property valuations after the administration revised circle rates for the first time in nearly a decade. Residential land prices have increased by 20-25 % and agricultural land by about 15 %. Localities such as Gomtinagar, Mahanagar and Indiranagar recorded the sharpest hikes. Premium locations now have updated rates in line with current market conditions. The revision also introduces QR code transparency and a cap on stamp duty for family transfers.Read more

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LDA launches first-come-first-served sale for long-vacant shops

Last week the Lucknow Development Authority announced that it intends to offer over one hundred long-vacant shops for direct purchase on a first-come-first-served basis, following repeated unsuccessful auctions due to high reserve prices and poor condition of properties. The authority also proposes converting more than forty unutilised public-facility plots into residential and commercial use. This initiative forms part of a broader budget proposal designed to boost revenue and support major infrastructure and housing developments.Read more

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New Lucknow policy links property tax with waste fee, offers 10% online discount

The Lucknow Municipal Corporation (LMC) has revised its waste collection charges, linking them to property tax records-INR 50/month for homes taxed up to INR 5,000 annually and INR 100 for higher-taxed properties. This citywide charge applies even in areas where LMC collection is irregular or absent, prompting criticism from residents in zones like Chinhat and Gomtinagar who already pay private collectors. While LMC claims the move enhances transparency and funds long-term improvements, locals call it unfair. This is the first update since 2017 and offers relief to 40% of lower-taxed households. Payments are mandatory, with a 10% discount for advance online payments.Read more

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LDA allots over 300 PMAY units to beneficiaries in Sector-I of Basant Kunj

Over 300 housing units built under the Pradhan Mantri Awas Yojana (PMAY) in Lucknow's Basant Kunj scheme were allotted to eligible applicants during a lottery process that began last Thursday. This marks a significant step towards providing affordable housing in the city, with the draw continuing for various reserved categories over the weekend. The 1,000-unit project, for which applications were invited in 2021, aims to provide compact yet well-equipped homes at an accessible cost to urban poor families, aligning with the broader goal of 'Housing for All' in Uttar Pradesh and nationwide.Read more

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LDA announces e-auction of 200 residential plots across prime Lucknow localities

The Lucknow Development Authority (LDA) has initiated an e-auction process for around 200 residential plots located across some of the city's most sought-after areas, including Basant Kunj, Priyadarshani Colony, Kanpur Road, and both Gomtinagar and its extension. The available plot sizes range from 60 m² to 252m². Complete details including base prices, plot numbers, and location maps are available online. This move follows a recent auction of premium plots and commercial complexes, forming part of the LDA's wider strategy to better utilize idle land and meet the city's growing demand for organized housing.Read more

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LDA to approve compounding maps under new 2025 building bylaws in Lucknow

The Lucknow Development Authority (LDA) has begun approving compounding maps under the new 2025 Model Building Construction and Zoning Bylaws. This move allows property owners to legalize previously unauthorized constructions by aligning them with updated regulations, avoiding penalties. Announced during a Janata Adalat by LDA Vice Chairperson Prathamesh Kumar, the initiative assigns zonal officers specific targets-75 to 220 approvals per zone-to expedite processing. The new rules also permit greater land coverage and a higher Floor Area Ratio (FAR), offering more design flexibility. This framework aims to streamline regularization and improve public welfare through transparent and efficient building compliance processes.Read more

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LDA plans 5,610-acre industrial township near Lucknow along Agra Expressway

The Lucknow Development Authority (LDA) has initiated plans to set up a massive 5,610-acre industrial township along the Agra Expressway, spanning areas in Sadar and Sarojininagar tehsils. The township is expected to house over 200,000 residents and create employment in industrial, healthcare, logistics, and education sectors. Officials held discussions with stakeholders from 12 villages regarding land acquisition, infrastructure expectations, and land record corrections. This project is part of the state's broader efforts to develop high-growth corridors through strategic infrastructure investments, including expressways, link roads, and industrial corridors aimed at propelling Uttar Pradesh towards its USD 1 trillion economic target.Read more

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New LDA e-auction offers homes and business spaces in top Lucknow localities

The Lucknow Development Authority (LDA) has launched an e-auction of 50 residential plots and two multi-storey commercial complexes, with a combined estimated value of INR 310 crore. The residential plots, located in Sector G of the Basant Kunj Scheme near Gau Ghat and the Green Corridor, measure 252 sqm each and are priced at a reserve rate of INR 32,955 per sqm. The auction also includes a 2.5-hectare land parcel in Gomti Nagar Extension, a 1,800 sqm commercial-cum-nursing-home plot in Vishal Khand, and two ready-built complexes in Ratan Khand and Mansarovar. These offerings were identified through a recent land audit.Read more

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Lucknow: LDA enhances civic amenities in Gomtinagar extension with INR 40 crore investment

The Lucknow Development Authority (LDA) has transferred maintenance of four sectors in Gomtinagar Extension to the Lucknow Municipal Corporation (LMC), providing INR 40 crore for civic amenities. This investment targets drinking water and sewerage upgrades, including extending water pipelines and sewer lines, installing new tubewells, and repairing existing infrastructure. The move, initiated by the LDA vice-chairperson, aims to improve services for residents. The Jal Kal Department will execute the work, which also involves cleaning sewer lines and repairing manholes, signaling efforts to enhance urban infrastructure in Lucknow.Read more

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LDA to open online plot registrations for Anant Nagar Phase 2 from July 11

The Lucknow Development Authority (LDA) will begin online registrations on July 11 for 332 residential plots under the Anant Nagar Scheme. This second phase of the 785-acre eco-friendly township will offer plots from 112.5 to 450 sqm and will be allocated through a lottery system. The scheme includes housing for Economically Weaker Sections (EWS) and Low-Income Groups (LIG), with 5,000 units, and 3,000 PMAY homes. Featuring an Edutech City and zero-liquid-discharge systems, the project aims to house over 25,000 people, following a strong response to its first phase.Read more

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Lucknow: LDA mandates safety audits for 276 high-rises after structural failures

The Lucknow Development Authority (LDA) has mandated structural safety audits for 276 high-rises in the city, responding to recent building collapses. The directive covers both LDA-owned and private properties, aged 5 to 40 years. New regulations require audits every five years for buildings over 15 meters tall. Early audits by IIT Kanpur have already revealed safety concerns in several structures, including the Nanda Kheda Complex and Amritlal Naagar Auditorium. The move aims to prevent future tragedies and ensure public safety in Lucknow's urban landscape.Read more

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Lucknow Development Authority launches e-auction for 300+ plots across city hotspots

The Lucknow Development Authority (LDA) has opened its e-auction platform for over 300 residential and commercial plots across prime locations such as Gomtinagar, Basant Kunj, and Rae Bareli Road. The bidding process allows a month-long registration window, with live auctions scheduled shortly. This follows LDA's earlier efforts to dispose of unsold commercial inventories and recover significant outstanding dues from defaulters. The auction is part of a larger urban development push, with LDA adopting innovative revenue recovery and land monetisation strategies that have already shown strong results in previous property auctions conducted this year.Read more

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LDA holds property prices steady even as circle rates rise across Lucknow

As Lucknow gears up for a significant revision in DM circle rates the first in nearly a decade the Lucknow Development Authority (LDA) has opted to maintain existing property prices for its flats and plots. This move ensures that upcoming schemes such as Anant Nagar and ongoing allotments under the first-come-first-served policy remain unaffected by the hike. With circle rates rising by 15-25% in several localities, LDA's decision provides immediate relief to homebuyers, shielding them from increased registration costs and making government housing a more attractive option amid surging land values.Read more

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Lucknow property prices set to rise as district plans up to 25% hike in circle rates

Property transactions in Lucknow are about to get costlier as the district administration has proposed a substantial revision in circle rates base rates used to determine property registration value. While the average increase is pegged at 15%, certain high-demand urban areas could see hikes of up to 25%. Rates for multi-storey construction and commercial land are also being revised upward, with a clear aim to align them more closely with market realities. The proposed hike is currently open for public feedback and, once finalized, will come into effect from the beginning of August. The last revision in circle rates was done nearly a decade ago.Read more

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Lucknow sees strong house tax compliance in first quarter with over 3 lakh payments

Lucknow Municipal Corporation (LMC) reported that more than 3 lakh homeowners cleared their house tax dues during the April-June quarter, boosting collections to INR 202.4 crore. A 10% rebate on online payments spurred this trend, though around 4.33 lakh properties remain unregistered. The rebate period has shifted now covering both house tax and user charges paid online until the end of this month. With persistently high defaulter numbers, LMC is tightening recovery efforts employing interest penalties and potential account actions. These efforts build on recent reforms like GIS surveys and weekend tax collection aimed at improving compliance.Read more

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Lucknow PMAY housing lottery sparks protest over full payment preference

A PMAY housing lottery in Lucknow sparked protests after the UP Housing and Development Board gave preference to applicants able to pay the full amount upfront, sidelining those opting for installment payments. Of the 744 units in the draw, most were reissued homes from previous allotments where full payment had caused dropouts. Many low-income applicants, particularly for INR 5 lakh units, felt misled as the payment clause was not clearly highlighted. This marks the first time such a preference has been applied. An inquiry has been launched, with officials reviewing communication gaps. The move has raised broader concerns about equitable access to affordable housing.Read more

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