Tag: Lucknow

Latest StoriesRegulatory

Landlords Face Legal Action for Tenants’ Criminal Involvement: Lucknow Police

Representative AI image LUCKNOW: On Friday, the Lucknow Police announced that landlords could face legal action if a tenant involved in any criminal activity is found on their property without the landlord having provided or updated the tenant’s details. This warning is a part of “Operation Pehchaan,” a tenant-verification initiative aimed at preventing criminals from concealing themselves in rental properties due to the increase in migration to the state capital. With Lucknow’s rapid growth in trade, education, and employment opportunities, thousands move to the city annually, prompting police to enhance surveillance efforts. To simplify tenant registration, the police have introduced…

Latest StoriesResidential

Lucknow Extends Atal Nagar Housing Deadline to December 2

LUCKNOW: The Lucknow Development Authority (LDA) has extended the registration deadline for the Atal Nagar housing scheme in Devpur Para, granting applicants additional time to submit their forms. LDA vice-chairman Prathamesh Kumar announced that the new deadline is December 2, for the convenience of the public. The housing scheme features 2,496 flats distributed across 15 towers, each between 12 and 19 stories high. Out of these, 1,832 are 1BHK units and 664 are 2BHK units. The flat sizes vary from 30 to 54.95 sqm, with prices starting at Rs 9.82 lakh. Essential amenities, including lifts, water and electricity supply, power…

Latest StoriesResidential

Lucknow e-auction nets ₹425 crore in property sales

LUCKNOW: The Lucknow Development Authority (LDA) recorded property sales exceeding Rs 425 crore in its recent e-auction, with bids reaching up to three times the reserve price in various instances. For instance, a 75 sq m residential plot in Sector 5, originally valued at Rs 28 lakh, sold for an impressive Rs 1.5 crore. According to LDA vice chairperson Prathamesh Kumar, a land audit and drone survey exposed properties under illegal occupation, leading to their clearance and subsequent public bidding. In Gomtinagar Extension’s Sectors 5 and 6, 95 residential and seven commercial plots attracted bids, with 88 of them selling…

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UP Government Provides Stamp Duty Break for Lease Agreements

LUCKNOW: The stamp and registration department is introducing substantial concessions on stamp fees for rent agreements up to 10 years, simplifying the registration process. The cabinet approved this proposal on Friday. Currently, registration exists, but many landlords and tenants skip it due to high costs. Agreements that remain unregistered lack legal validity under the UP Regulation of Urban Premises Tenancy Act, making them prone to disputes. Finance Minister Suresh Khanna noted that while current regulations require registration for tenancy deeds over one year, most are either verbal agreements or, when written, remain unregistered. “These situations often arise during audits by…

Latest StoriesResidential

Lucknow Offers 10% Tax Exemption for Rooftop Solar Homes

Representative AI image LUCKNOW: Households equipped with solar rooftops now qualify for a 10% exemption on residential house and water taxes. This initiative is part of key proposals concerning city development, sanitation, and public order, which were adopted in the LMC executive committee meeting held on Thursday. The session, chaired by Mayor Sushma Kharkwal, included municipal commissioner Gaurav Kumar, executive vice-president Charanjeet Gandhi, and other senior officials. To promote renewable energy under the PM Surya Awas Yojana, the committee approved a 10% tax exemption for property owners who install solar panels. Officials indicated that this measure aims to motivate residents…

Latest StoriesRera

Uttar Pradesh RERA Lifts 22 Projects from ‘Abeyance’ Status

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has de-listed 22 projects from the ‘abeyance list’ across seven districts, allowing construction work to resume. A total of 8,856 units—including flats, plots, and commercial units—will be built under these projects, representing a significant advancement in reviving long-stalled developments. Since the implementation of RERA, numerous projects were flagged for not having the required documents submitted at registration. After comprehensive evaluations, the authority issued notices to the promoters. In July 2024, it was determined that about 400 projects with incomplete documentation would be classified under ‘abeyance.’ Sanjay R. Bhoosreddy, chairman of…

Latest StoriesResidential

Lucknow extends Atal Nagar housing scheme deadline

LUCKNOW: The Lucknow Development Authority has prolonged the registration deadline for the Atal Nagar Housing Scheme in Devpur Para until November 21. This initiative comprises 19 towers offering a total of 2,496 flats, which include 1-BHK and 2-BHK units aimed at low to middle-income families. In contrast, the registration for the Sardar Vallabhbhai Patel Housing Scheme in Dalibagh concluded on November 3, with no announcements regarding further extensions. The 72 flats in this housing project were constructed on land that was previously retrieved from Mukhtar Ansari’s illegal claim. LDA officials noted a remarkable response to this scheme. The Atal Nagar…

Latest StoriesResidential

Special Camp for Lucknow Property Registration: Nov 3-15

LUCKNOW: Property owners waiting for the formal registration of their properties from the Lucknow Development Authority (LDA) will soon have the opportunity to complete the process at a dedicated ‘single-window’ camp. This initiative, lasting 13 days, aims to address the substantial backlog of pending registrations for numerous residential and commercial properties. The camp will take place from November 3 to 15 at the committee hall of the LDA building, as per the directive of LDA Vice-Chairman Prathmesh Kumar. According to LDA Secretary Vivek Srivastava, this effort is a collaboration between the LDA and the registry department. For the first ten…

Latest StoriesResidential

Lucknow’s Fake Flat Racket Busted; Five Arrested for Fraud

LUCKNOW: Police have launched an investigation into a wide-ranging forgery and fraud case involving counterfeit flat allotment letters connected to the Lucknow Development Authority (LDA). The investigation was initiated following a formal complaint from Ram Kishore, a senior LDA official. A First Information Report (FIR) was filed at Gomtinagar Police Station against five individuals, including Harshit Gupta, along with Piyush Pathak, Ravi Kumar Kashyap, Rimpy Singh, and Varun Kumar Sahu, plus an unidentified accomplice, for allegedly fabricating and distributing fraudulent allotment letters with forged signatures of senior LDA officials. According to Ram Kishore, the issue was brought to light when…

Latest StoriesRegulatory

ED Seizes ₹110 Crore in Assets from Rohtas Group

LUCKNOW: The Enforcement Directorate (ED), Lucknow Zonal Office, has provisionally attached properties worth Rs 110.05 crore, with a current market value surpassing Rs 300 crore, under the Prevention of Money Laundering Act. This action, taken on October 28, pertains to a money laundering investigation involving Rohtas Project Limited and other entities. As per the agency, the attached assets are held under the names of associated companies and limited liability partnerships (LLPs) of the Rohtas Group—Amalya Constructions LLP and Amyra Infrastructure LLP—both operated by the LJK Group. All properties are situated in Lucknow. The ED’s investigation was prompted by 83 FIRs…