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

Lucknow: LDA begins plot registration in Mohan Road scheme after RERA approval

PNT Reporter

The Lucknow Development Authority (LDA) is moving forward with plot registration in its Mohan Road scheme's sectors 3, 4, 6, and 7, following RERA registration in the first phase. LDA Vice-Chairman Prathamesh Kumar has directed increased machinery and workforce deployment to speed up development work. Sector-6 is progressing with road marking and levelling, with further infrastructure development planned. The project includes 1,617 residential plots and 22 group housing plots, along with 18 parks. In the Devpur Para housing scheme, Kumar instructed improvements to parking and playground facilities, urging timely completion.Read more

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Lucknow Development Authority to install rooftop solar plants in 14 housing societies

PNT Reporter

The Lucknow Development Authority (LDA) plans to install rooftop solar power plants in 14 housing societies, with capacities between 10 kW to 200 kW, at a cost of INR 4.5 crore. This initiative aims to reduce electricity bills by 70-80% for residents while promoting renewable energy. Additionally, a 50 kW solar plant will be installed at Jyotiba Phule Zonal Park. LDA Vice-Chairman Prathmesh Kumar highlighted the project's role in reducing environmental impact and fostering sustainability. As urban areas adopt solar solutions, this initiative could inspire similar efforts nationwide, advancing India's renewable energy goals and reducing reliance on fossil fuels.Read more

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Lucknow: LDA allocates 369 homes under PMAY through transparent lottery process

PNT Reporter

The Lucknow Development Authority (LDA) conducted a lottery under the Pradhan Mantri Awas Yojana (PMAY), allocating 369 houses to waiting list applicants. Supervised by Vice-Chairperson Prathmesh Kumar at Baradari Lawn, the event allowed participants to draw their own lottery slips. The allocation included 209 houses from the Sharda Nagar Extension Scheme and 160 from Sector-N of Basant Kunj Yojana. The entire process was videographed to ensure transparency, enabling even absent applicants to receive their housing allotments. This lottery marked a significant moment for many hopeful recipients, transforming their long-standing housing aspirations into reality.Read more

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Lucknow: LDA revises guidelines for solar panel installation

PNT Reporter

The Lucknow Development Authority (LDA) has revised its solar panel installation guidelines to promote renewable energy. In a recent board meeting, the LDA made it mandatory for residential properties with a plot size of 1,000 square feet or more to install rooftop solar panels under the PM Surya Ghar scheme, reducing the threshold from 2,000 square feet. Additionally, the board approved plans for traffic management improvements at key intersections, including Engineering College Crossing and Atal Chowk, with a combined budget of INR 1.77 crore. The LDA also approved the construction of boundary walls at cremation sites, decorative lighting at intersections, and the provision of interest-free instalments for displaced people. Land acquisition efforts for various residential schemes were also expedited.Read more

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Lucknow: LDA set to expedite land acquisition for housing schemes and infrastructure projects

PNT Reporter

The Lucknow Development Authority (LDA) plans to fast-track land acquisition for various housing projects in the city. Key areas such as IT City, Wellness City, and Sitapur Road are under consideration. The authority intends to acquire land for the development of the Lucknow-Sultanpur national highway and other infrastructure projects through consent-based purchases and land pooling. Additionally, the board will address the conversion of residential properties to commercial ones and the installation of electric vehicle charging points, along with other issues related to land acquisition and permissions.Read more

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Lucknow Municipal Corporation holds redressal camp to tackle property tax complaints

PNT Reporter

The Lucknow Municipal Corporation (LMC) successfully addressed 48 complaints of inflated property tax assessments during a redressal camp chaired by Mayor Sushma Kharakwal. The event focused on resolving grievances from a recent GIS survey, with the mayor emphasizing the administration's commitment to fairness and transparency. Municipal Commissioner Inderjit Singh oversaw on-site resolutions, with the LMC planning to hold weekly camps until all complaints are addressed. Significant tax reductions were granted to several residents, reflecting the camp's effectiveness.Read more

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Lucknow: LDA addresses 41 public complaints on Pradhikaran Diwas

PNT Reporter

During its recent 'Pradhikaran Diwas,' the Lucknow Development Authority (LDA) received 41 applications concerning mutation, property transfers, and illegal constructions. Among these, 13 cases were resolved immediately, highlighting LDA's commitment to swift grievance redressal. A significant complaint by Sanjay Kesarwani, a Rakabganj resident, alleged illegal encroachment on his allocated plot in Ramnagar under the Aishbagh Yojana. In response, LDA Vice Chairman Prathemesh Kumar directed officials to inspect the site and submit a report within a week. The initiative reinforces LDA's dedication to resolving disputes and protecting citizens' property rights through transparency and accountability in urban governance.Read more

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Lucknow Development Authority opens e-auction portal for 300 properties until Dec 11

The Lucknow Development Authority (LDA) has opened an e-auction portal for over 300 properties, offering residential and commercial spaces in prime areas of Lucknow. Registration is open until December 11, and the e-auction will take place on December 16. The available properties include housing plots, schools, hotels, and mixed-use spaces. Notably, Basant Kunj Yojna's Sector-H residential plots start at INR 32,955 per square meter. The LDA expects a strong response and hopes to match the success of its last auction, which generated INR 515 crore.Read more

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Lucknow: RLDA initiates bidding for 23 commercial units in Gomti Nagar

The Rail Land Development Authority (RLDA) has launched the bidding process for 23 commercial units in Gomti Nagar, Lucknow, aiming to utilise railway land for economic growth. Located in a developing business district, the four-story complex near key landmarks will be auctioned via a Mega E-Auction on November 12, 2024. Bidders can access documents from October 9, enhancing transparency. The modern facilities include earthquake resistance, double-basement parking, and central air conditioning, making it attractive for investors. This initiative aligns with urban redevelopment trends, fostering local commerce and job creation while supporting Lucknow's transformation into a modern city.Read more

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RLDA invites bids for premium commercial units in Gomti Nagar

The Rail Land Development Authority (RLDA) has announced the bidding process for 23 premium commercial units at the Commercial Complex in Gomti Nagar, Lucknow, through a Mega E-Auction. Interested bidders can download e-bid documents until November 12, 2024, with online applications due the same day. The complex features two G+4 towers, modern amenities, and excellent connectivity to key locations, making it an attractive investment opportunity as Gomti Nagar evolves into a significant commercial hub.Read more

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LDA allocates INR 3.5 crore for upgrades to four high-rise societies in Lucknow

The Lucknow Development Authority (LDA) is investing INR 3.5 crore to upgrade and beautify four high-rise residential societies in the city: Parijat, Srishti, Smriti, and Anubhuti apartments. Key initiatives include INR 93 lakh for exterior enhancements and a new boundary wall at Parijat, along with INR 1.58 crore for waterproofing at Srishti to address basement leaks. Recreational facilities, such as a skating rink in Lohia Park, will cost INR 1.3 crore. Additional safety measures include INR 15 lakh for utilities in Smriti and a park enhancement at Anubhuti. The LDA is also focusing on a INR 2 crore irrigation project along the Gomti Riverfront and a solar power plant for INR 25 lakh at Jyotiba Phule Zonal Park, demonstrating a commitment to sustainable urban living and community safety.Read more

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Lucknow: Migsun Group to begin possession of high-street commercial project Migsun Janpath

Migsun Group will soon begin the possession process for Migsun Janpath, a high-street commercial project in Shaheed Path, Lucknow. The development offers high-street retail, premium business suites, studio apartments, and world-class amenities. Located near Medanta Hospital, it boasts excellent connectivity to key city landmarks, including Lucknow Airport and Ekana Cricket Stadium. The project features high visibility due to its 4-sided open plot and includes multi-level parking, a food court, entertainment zone, and 3-tier security. With limited units still available, Migsun Group invites buyers and investors to invest in this ready-to-move-in commercial destination. The Group is renowned for timely project delivery.Read more

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Lucknow: LMC to review new mutation fee structure which proposes a cap of INR 15,000

The Lucknow Municipal Corporation (LMC) will review a proposal for a new mutation fee structure in an upcoming executive committee meeting, potentially setting a maximum fee of INR 15,000. Currently, the fee is 1% of a property's value, leading to high charges for property owners. The proposed tiered system would categorise properties by value, aiming to ease financial burdens. Concerns have been raised about the higher charges compared to existing fees set by the Lucknow Development Authority. In response to a state government directive for reduced fees, the LMC seeks to streamline the mutation process, addressing delays and improving efficiency.Read more

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Lucknow: Airport expansion halted as farmers challenge land reclamation efforts

Earlier this month, farmers from villages near Chaudhary Charan Singh International Airport in Lucknow protested against the local government's land reclamation efforts for airport expansion. The protest forced authorities to halt their operations amid allegations of illegal land acquisition and insufficient compensation. Despite the airport's claim of government ownership for over 70 years, villagers argue that the original acquisition notification lacked essential details, questioning its legality. In their fight for recognition and rights over the land they have farmed for generations, the farmers met with local officials to address their concerns directly.Read more

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Lucknow: LDA offers festive discounts on flats, savings up to INR 2.5 lakh for homebuyers

The Lucknow Development Authority (LDA) is celebrating its 50th anniversary by offering substantial discounts on flats, with direct reductions of INR 1 lakh to INR 2.5 lakh available from October 21 to December 31. Early payment incentives provide additional discounts of up to 6% for timely payments. The available flats range from 500 to 1,900 square feet and are priced between INR 23 lakh and INR 1.08 crore. Government employees can secure flats with a 25% down payment, while the general public needs to pay 35%. Properties are located in several prominent areas, including Gomtinagar and Jankipuram, aiding homebuyers in fulfilling their ownership dreams.Read more

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Lucknow: LDA streamlines mutation process for faster property transfers

The Lucknow Development Authority (LDA) has streamlined its property mutation process to address delays and meet the 60-day completion mandate. Key changes include allowing the property section to verify online fee payments directly, assigning specific responsibilities to officials and implementing a more efficient workflow. The new system involves rapid assignment of applications, timely reviews by planning assistants, and quicker decision-making by property officers. For inheritance cases, a streamlined publication and review process has been established. These improvements aim to reduce processing times, enhance efficiency and provide better service to property owners acquiring residential or commercial properties in LDA schemes.Read more

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Lucknow Development Authority streamlines mutation process for faster property transfers

The Lucknow Development Authority (LDA) has streamlined its property mutation process to address delays and meet the 60-day completion mandate. Key changes include allowing the property section to verify online fee payments directly, assigning specific responsibilities to officials and implementing a more efficient workflow. The new system involves rapid assignment of applications, timely reviews by planning assistants, and quicker decision-making by property officers. For inheritance cases, a streamlined publication and review process has been established. These improvements aim to reduce processing times, enhance efficiency and provide better service to property owners acquiring residential or commercial properties in LDA schemes.Read more

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LMC introduces flat INR 10,000 mutation fee, replaces 1% property value charge

The Lucknow Municipal Corporation (LMC) has implemented significant changes, including capping the mutation fee at INR 10,000 and withdrawing extra charges from 20 business sectors, benefiting over 200,000 business owners. Plans are underway to survey and cover open drains after a recent tragedy, and sewer issues in Munshipulia will be addressed. Additional projects include disaster relief equipment procurement, upgrading municipal schools with smart screens, constructing entry gateways to the city, and organising street vending zones for Diwali. The LMC is also set to replace an old municipal school with modern infrastructure, including underground parking.Read more

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Safety audits required for all buildings over 15 metres in Lucknow

In a recent LDA board meeting led by Lucknow Commissioner Roshan Jacob, it was decided that safety audits would be mandatory for all buildings over 15 metres tall, following a deadly building collapse. Costs for the audits will be covered by building owners or Residents Welfare Associations (RWAs). A private firm will handle the audits, which are due to be completed by October. The LDA also approved high-rise developments in Transit-Oriented Development zones with higher Floor Area Ratios (FAR). Other updates included transferring management of the Ambedkar Auditorium, creating new sub-centres in Gomtinagar, and revising land acquisition plans for the Wellness City project.Read more

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Jashn Realty unveils a premier 10-acre luxury residential development in Lucknow

Jashn Elevate by Jashn Realty spans 10 acres, delivering a lavish lifestyle and an exceptional living experience. This RERA-approved project, valued at INR 820 crores, has already experienced a 20% increase in property value, with expectations of a 50% increase next year. Featuring over 56 modern amenities, including high-tech fitness centers, swimming pools, and serene green spaces, the development caters to diverse lifestyle needs. Strategically located on Sultanpur Road, it provides seamless access to key city areas. Jashn Realty also offers in-house financial assistance, ensuring a seamless homebuying process for potential residents.Read more

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