IndustryLatest Stories

Lucknow: New Commercial, Residential Plots in Basantkunj Scheme

LUCKNOW: The Lucknow Development Authority (LDA) is set to establish new commercial and residential plots as part of the Basantkunj scheme, targeting unplanned and vacant land located near green belts and residential zones. During an inspection of the Basantkunj project, Vice-chairman Prathmesh Kumar emphasized the need to accelerate ongoing development and beautification efforts. When examining Sector-I near Mango Park, authorities discovered illegal constructions on land (khasra number 591) in violation of enforcement regulations. The VC has ordered the suspension of the assistant engineer responsible for this oversight. Moreover, two supervisors, Jagrup Yadav and Suraj Kumar, were suspended for their negligence…

IndustryLatest Stories

Lucknow body sells ₹300 crore property in e-auction

LUCKNOW: The LDA recently conducted an e-auction, successfully selling property valued at over Rs 300 crore. Two school plots of 3,500 sqm each in Sector-N of the Basantkunj scheme were sold for Rs 14 crore each, aimed at establishing private schools to serve the Basantkunj area and nearby housing colonies under the Pradhan Mantri Awas Yojana. Additionally, a commercial plot in the Central Business District that was originally valued at Rs 51 crore fetched an impressive Rs 76 crore. A 288 sqm plot in Sector-4 of Gomtinagar Extension, listed at Rs 95 lakh, sold for Rs 2.76 crore. Furthermore, a…