IndustryLatest Stories

Lucknow: Land Sale Ban in LDA Housing Projects on Sultanpur Road

LUCKNOW: The state government has banned the sale, purchase, and registration of land within the specified zones of the Lucknow Development Authority’s (LDA) planned IT City and Wellness City projects along Sultanpur Road. This ban took effect on Saturday. The order states that any transfer or registration of land within the project boundaries will be deemed invalid. This measure aims to curb speculative land transactions and ensure that the benefits of the land pooling initiative are directed only to current landowners. The decision is anticipated to limit land trading in the project areas and deter investors from acquiring land solely…

IndustryLatest Stories

Lucknow: LDA to Increase Development Fees Near Expressways

LUCKNOW: The Lucknow Development Authority (LDA) is set to propose an increase in development charges for properties situated near corridors and expressways. During an upcoming meeting on Tuesday, the board will discuss hiring an agency for the Jayaprakash Narayan International Convention Centre and budget allocations for various housing projects, including the Anantnagar Housing Scheme and IT City. The proposal to raise the special amenity fee for properties within 500 meters of Shaheed Path, Kisan Path, and the Green Corridor will also be reviewed. Funds generated from this fee will be allocated towards improving infrastructure and civic facilities in these regions.…