Tag: Lucknow

Latest StoriesRegulatory

U.P. Minister Takes Action Against Errant Noida Builders

LUCKNOW: Nand Gopal Gupta Nandi, the state’s industrial development minister, urged officials on Tuesday to take stringent measures against builders who default on their obligations and expedite the resolution of issues between builders and buyers in Noida. He also raised concerns regarding alleged irregularities in project allocations and civic contracts. During a review of various projects under the Noida Industrial Development Authority, Nandi emphasized the need to resolve stalled housing projects and pending flat registrations promptly. Officials informed him that 57 projects were now governed by the policy framework established by the Amitabh Kant Committee, with 36 builders having deposited…

Latest StoriesRegulatory

Lucknow to Introduce OTS Scheme for Tax Dues

LUCKNOW: Approximately 250,000 homeowners in the city will soon experience relief from long-standing house tax and water tax obligations. The Lucknow Municipal Corporation (LMC) is set to launch a one-time settlement (OTS) scheme addressing overdue payments owed to the civic body and its Jalkal department. The upcoming OTS initiative is modeled after previous successful programs by the Lucknow Development Authority and UP Awas Vikas Parishad. According to official records, the accumulated house tax debts owed to the LMC have reached around ₹700 crore, which includes nearly ₹100 crore in interest. The Jalkal department also reports approximately ₹110 crore in overdue…

Latest StoriesResidential

Lucknow to Start E-Auction for 149 Residential Plots

Representative Image LUCKNOW: The Lucknow Development Authority will initiate an e-auction for 149 residential plots in Gomti Nagar Extension and Basant Kunj Yojana starting Thursday, as part of a larger sale of 475 properties valued at nearly Rs 3,000 crore throughout the city. According to officials, the online auction portal will remain open until May 28, allowing interested buyers to participate by depositing 10% of the reserved price as earnest money. The residential plots range from 25 square metres to 300 square metres. Among the residential plots, LDA has made available 12 plots on land recently cleared of encroachments in…

Latest StoriesResidential

Lucknow to Launch 900 LIG, EWS Flats on Sitapur Road

Representative image LUCKNOW: The Lucknow Development Authority (LDA) is set to introduce an affordable housing initiative on Sitapur Road, offering approximately 900 flats targeted at Low Income Group (LIG) and Economically Weaker Section (EWS) families. This development will occupy 16,000 square metres of land that has recently been cleared of encroachments near Shia PG College. The project will feature 582 LIG flats and 336 EWS flats housed in multistoried apartment towers. The 2BHK LIG units are expected to cost around Rs 35 lakh each, while the 1BHK EWS units will be approximately Rs 15 lakh. All towers are planned to…

Latest StoriesRera

UP-RERA Launches Online Complaints for Excess Transfer Fees

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has introduced an online system for registering complaints against promoters and developers who demand transfer fees exceeding the allowed limits during the allotment transfer process. Homebuyers and allottees can submit complaints using Form-M on the UP-RERA portal, a feature that became available following the implementation of the 10th amendment to the UP-RERA General Regulations, 2019. According to the revised Regulation 47(c), promoters are prohibited from creating new or amended agreements for sale or lease with the assignee or successor-in-interest. Transfers must be documented via an endorsement in the original agreement,…

IndustryLatest Stories

UP Cuts Development and Building Permit Fees in Ghaziabad

GHAZIABAD: The UP government has further reduced development and building permit fees in multiple districts, including Ghaziabad. Previously, the fee in Ghaziabad increased from Rs 2,500 per sqm to Rs 4,170 per sqm in January. The new order has slightly decreased it to Rs 4,165 per sqm. In January, Ghaziabad experienced the highest hike, with a surge of over 66%. Despite the recent reduction, the city retains the highest development fee in the state. As per a GDA official, the fee in Loni, Muradnagar, and Modinagar has been reduced from Rs 1,510 per sqm to Rs 1,450 per sqm. New…

Latest StoriesRera

Uttar Pradesh RERA Registers 106 Projects (Jan-Apr 2026)

NEW DELHI: The real estate sector in Uttar Pradesh has experienced consistent activity in 2026, with 106 projects registered in the first four months, up from 84 during the same period in 2025, as reported by the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). Project registrations have been on the rise, increasing from 197 in 2023 to 259 in 2024 and 308 in 2025. In terms of supply, there have been proposals for 33,206 residential and commercial units from January to April 2026, following 84,976 units in 2025, which was an increase from 69,365 in 2024 and 55,297 in 2023.…

Latest StoriesResidential

Lucknow body updates payment terms for Atal Nagar scheme

LUCKNOW: The Lucknow Development Authority (LDA) has updated the payment terms of its Atal Nagar housing scheme, introducing a 10-year instalment plan with a lower interest rate. The interest rate has been slashed from 9% to 7%, and the repayment period has been extended from seven years to ten years, structured into 120 monthly instalments. Situated in Devpur Para, the scheme features 2,496 flats distributed across 15 towers, which range from 12 to 19 floors. Unit sizes vary from 30 sqm to 54.95 sqm, starting at approximately Rs 9.83 lakh. Registration for 630 unsold units is open from April 18…

InfrastructureLatest Stories

Uttar Pradesh to Upgrade 100 Small Towns in Phase II Plan

LUCKNOW: The state government is set to initiate the second phase of the aspirational towns program, aimed at upgrading 100 urban local bodies in a phased approach. Launched in September 2023, the scheme focuses on enhancing essential services and amenities in smaller towns, with 100 of the most underdeveloped local bodies selected for funding. As the first phase concluded on March 31 after achieving its goals, the state has identified 100 additional towns, each with a population between 20,000 and 100,000. Senior officials from the urban development department announced a budget of ₹175 crores to improve civic amenities in these…

IndustryLatest Stories

Omaxe to Invest ₹250 Cr in Lucknow Project; Brigade Buys Land in Hyderabad

NEW DELHI: Omaxe Garv Buildtech, a fully-owned subsidiary of Omaxe Group, plans to invest around ₹250 crore to develop a residential project named Omaxe Cassia along Raebareli Road in Lucknow. The project will feature eight towers with 2BHK and 3BHK apartments, projected to be completed in the next three years. In a separate regulatory announcement, Brigade Enterprises reported the acquisition of a 5.72-acre land parcel in Osman Nagar, Hyderabad, via an auction held by the Telangana Industrial Infrastructure Corporation (TGIIC). The land was purchased at a rate of ₹44 crore per acre, excluding registration fees, with plans to develop a…