Tag: Lucknow

Latest StoriesRegulatory

Lucknow’s Sahara Group land in Gomtinagar sealed by civic body

Representative image LUCKNOW: The Lucknow Municipal Corporation (LMC) has initiated the sealing of 170 acres in Gomtinagar, which includes the well-known Subrato Kothi owned by the Sahara Group. Signage indicating the area is sealed has been placed on-site. This action comes after an extensive inquiry led by Municipal Commissioner Gaurav Kumar, uncovering numerous violations of licensing and lease agreements. The land was originally allocated to Sahara India Housing Limited in 1994 for residential and green belt development, intended for housing plots and a planned community. However, in 1997, the LMC issued a cancellation notice for the license deed due to…

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Sahara Seeks SC Approval for Asset Sale to Adani Properties

NEW DELHI: Sahara India Commercial Corporation Ltd (SICCL) has approached the Supreme Court for permission to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Private Limited. The petition, mentioned for hearing recently, is expected to come up on October 14. In the plea filed by advocate Gautam Awasthi, it states, “..to outright sell various properties belonging to the Sahara Group to Adani Properties Private Limited under the terms outlined in the term sheet dated September 6, 2025.” The interlocutory application, filed in ongoing matters concerning the Sahara Group, outlined the challenges faced…

Latest StoriesRera

Uttar Pradesh RERA Greenlights 21 Projects Worth ₹7,035 Crore

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) convened at its Lucknow headquarters to review and approve 21 new real estate projects across the state. Sanjay Bhoosreddy, chairperson of UP-RERA, emphasized, “Our rigorous approval process ensures all projects adhere to regulations, safeguarding homebuyer interests and bolstering investor confidence.” These newly approved projects entail an estimated investment of ₹7,035 crore, collectively providing 10,866 units that include residential apartments, villas, flats, plotted developments, and commercial spaces such as shops. Published On Sep 28, 2025 at 12:00 PM IST Join a community of over 2 million industry professionals. Subscribe to our…

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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…

Latest StoriesRegulatory

Allahabad HC Requests Records on Demolition Stay Order

LUCKNOW: The Lucknow bench of the Allahabad High Court, comprising a two-judge panel, has raised serious concerns regarding a single bench’s ruling that temporarily halted the demolition of a building in the Khurram Nagar area. The ruling also allows the builder to approach the LDA to seek compounding under the new bye-laws. The division bench summoned the records of the case previously heard by the single bench, questioning the urgency surrounding a matter that had seen a demolition order issued a while ago. They noted, “It raises the question of how maintainable the petition is before the Single Judge, particularly…

Latest StoriesResidential

Lucknow: ₹150 Crore Land in Gomtinagar Extension Cleared of Encroachments

Representative AI image LUCKNOW: On Thursday, the Lucknow Development Authority (LDA) demolished approximately 18 illegal structures in Gomtinagar Extension, reclaiming 10,500 sqm of acquired land valued at around Rs 150 crore. The operation was executed under the guidance of LDA vice-chairperson Prathamesh Kumar. According to additional secretary Gyanendra Verma, the land in Maleshemau village was acquired in 2000 as part of the Amar Shaheed Path–Gomtinagar Extension scheme. However, several individuals illegally occupied the land and constructed structures on Khasra numbers 406, 407, 408, and 409 in Sector 6. These encroachments were identified in a recent survey initiated by the LDA…

Latest StoriesResidential

Buyers Await RERA Action on Delayed Uttar Pradesh Project

LUCKNOW: The Palacio Imperial White Buyers Association submitted a formal complaint in June 2025 but is still awaiting the first hearing from Uttar Pradesh RERA, raising issues about regulatory delays and inaction. The association invoked Section 7 of the Real Estate (Regulation and Development) Act, 2016, requesting the transfer of the stalled Palacio Imperial White project (UPRERAPRJ13910) from Tulsiani Infraventure Private Limited due to the developer’s prolonged failure to complete the development. Association president, Manoj Kumar Bhagat, expressed his disappointment and emphasized the urgency for intervention to protect the legal and financial interests of homebuyers. “The builder promised to finish…

Latest StoriesResidential

UP Government Approves ₹736 Crore for PMAY Urban Housing

LUCKNOW: On Friday, the state government announced its budget for housing projects under the Pradhan Mantri Awas Yojana (PMAY) for the 2025-26 financial year, allocating Rs 736 crore to provide housing for urban poor families across the state. This scheme aims to offer accommodation to underprivileged and economically weaker families, with joint efforts from both central and state governments. Once a family qualifies, grants and subsidies will be provided to assist them financially. Documentation, including geo-tagging and photographs of the home at various construction stages, will be uploaded to claim these benefits. Published On Sep 13, 2025 at 03:07 PM…

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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…

Latest StoriesResidential

Over 50 Plots Assigned on Anant Nagar Lottery’s First Day

Representative Image LUCKNOW: The Lucknow Development Authority (LDA) launched the lottery process for the Anant Nagar Housing Scheme on Monday at the Indira Gandhi Pratishthan. On the first day, a draw was held for 56 plots, attended by applicants. The draw included allocations for 19 plots of 450 square meters and 37 plots of 162 square meters, with approximately 1,400 applicants vying for the plots. LDA Vice Chairperson Prathamesh Kumar announced that an additional 155 plots measuring 200 and 288 square meters will be allocated on Tuesday. The final draw for 121 plots of 112.5 square meters will occur on…