Tag: Lucknow

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Housing Dept Approved to Launch UP Redevelopment Plan

LUCKNOW: The state government has approved the housing department to proceed with the UP redevelopment policy. This initiative is designed to unlock key land parcels in urban areas, providing a framework for housing development authorities to process applications from private entities interested in redeveloping properties. Officials noted that numerous houses and buildings in prime locations remain underutilized due to factors like disputes, poverty, resource shortages, and decay. In many instances, tenants are left residing in dilapidated structures that urgently need repairs and upgrades. Private developers will have the opportunity to consult with stakeholders engaged in the redevelopment process to collaboratively…

Latest StoriesResidential

Aadhaar-Based Property Registration in UP Starts Feb 1

LUCKNOW: On Thursday, the state cabinet approved a proposal for an Aadhaar-based authentication system for property registration. Officials stated this initiative will combat land scams associated with fake registrations. State minister Ravindra Jaiswal mentioned that the decision was made during a review meeting led by Chief Minister Yogi Adityanath on August 28 of the previous year, with the new system set to launch in all sub-registrar offices starting February 1. Through a notification dated August 2, 2024, the UP Online Document Registration Rules, 2024 will be implemented. This will enable the electronic verification of Aadhaar holders using e-KYC, biometric authentication,…

Latest StoriesResidential

Lucknow body unveils 27-storey luxury project in Aishbagh

LUCKNOW: Following the announcement of Narmada Apartment in Gomtinagar, the Lucknow Development Authority (LDA) has authorized the construction of an additional 27-storey luxury apartment complex at Aishbagh, located on Mill Road. The new building will comprise 384 flats equipped with upscale amenities. Named Aishbagh Square, the project is designed with four towers, each standing 27 storeys tall, offering 3-BHK apartments with a study, measuring approximately 1,900 sqft. Prices will start at Rs 1.11 crore. The LDA Vice-Chairman, Prathamesh Kumar, has given the go-ahead for the project. Registration for the flats will be open from January 29 to February 28, exclusively…

IndustryLatest Stories

Uttar Pradesh Housing Panel Launches Phase Two of Rule Easing

LUCKNOW: On Tuesday, the UP housing department established a six-member committee, chaired by the housing secretary, to initiate the second phase of the compliance reduction and deregulation process. This committee will consist of vice-chairmen from Lucknow, Varanasi, and Ghaziabad, along with the state’s chief town planner and Awas Bandhu’s director. After securing the top position in the first phase of the deregulation initiative nationwide, the UP government has tasked key departments with identifying bottlenecks causing delays in processing applications from individuals and private entities. “We will assess all our services to enhance the working environment for all stakeholders. Our primary…

Latest StoriesRera

UP-RERA Delivers ₹2,040 Crore Relief, Resolves 11,300 Cases in 2025

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has successfully delivered ₹2,040 crore in relief to homebuyers through recovery actions, mutual settlements, and conciliation processes, addressing over 11,300 long-standing cases involving properties worth ₹5,920 crore by the end of 2025. A significant volume of complaints was submitted to UP-RERA benches under Section 31 of the RERA Act, mainly concerning delayed possession, refunds, and interest claims. Following hearings, recovery certificates (RCs) were issued against defaulting promoters, allowing district administrations to commence recovery procedures. Out of 6,018 RCs issued, ₹1,505 crore was recovered via legal enforcement and directly credited to…

Latest StoriesRegulatory

Lucknow: Properties Worth ₹158 Crore in Rohtas Project Seized

LUCKNOW: On Friday, the Lucknow zonal office of the Directorate of Enforcement provisionally attached 75 immovable properties and two movable properties valued at Rs 158.85 crore, with a current market valuation exceeding Rs 350 crore, under the Prevention of Money Laundering Act, 2002, as part of a money laundering investigation related to Rohtas Project Limited and associated entities. The immovable properties, valued at Rs 141.21 crore, are registered under the names of Deepak Rastogi, promoter of the Rohtas group, and various entities including Vardan Township Pvt Ltd and several benamidars. The movable properties, valued at Rs 17.64 crore, belong to…

Latest StoriesResidential

Lucknow Body to Build Luxury Flats in Gomtinagar Extension

Representative AI image LUCKNOW: The Lucknow Development Authority (LDA) plans to develop the Narmada Apartment in Sector-4 of Gomtinagar Extension, featuring 300 luxury flats along with 12 penthouses. LDA Vice-Chairman Prathamesh Kumar announced that registration for these flats will be open from January 24 to February 23, offering only 3BHK plus study configurations. Applications will be accepted solely through the LDA website, with a registration fee of 5% of the estimated flat cost. Candidates from reserved categories will be required to pay a reduced fee of 2.5%. Allotment of the flats will be determined by a lottery system. Each flat…

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Realty Investment Hits ₹69,000 Crore in UP, Up 53%: RERA Chief

NEW DELHI: The real estate sector in Uttar Pradesh has experienced a remarkable 53% increase in investments, soaring to ₹69,000 crore in 2025, as reported by UP RERA Chairman Sanjay R Bhoosreddy on Tuesday. Bhoosreddy attributed this growth to the state’s investor-friendly policies, which also led to a noticeable uptick in RERA applications for new projects during the ICC Real Estate Summit 2026 in the national capital. “Investment in the real estate sector was ₹29,000 crore in 2023, driven primarily by real estate promoters. This figure rose to ₹45,000 crore in 2024 and has further increased to ₹69,000 crore this…

Latest StoriesResidential

Lucknow: Anantnangar Scheme Lottery Set for January 30

LUCKNOW: The lottery for plot allotment under the Lucknow Development Authority’s (LDA) Anant Nagar housing scheme will take place on January 30 and 31 at the Indira Gandhi Pratishthan. The third phase received an enthusiastic response with 7,429 applicants vying for 637 plots. LDA officials noted that applications were accepted for 617 plots in Akash Khand and 20 plots in Adarsh Khand. In this third phase, plots are available in five size categories. These include 41 plots of 450 square meters, 224 plots of 288 square meters, 225 plots of 200 square meters, 90 plots of 162 square meters, and…

Latest StoriesResidential

Over 62 Lakh Families Benefited from PMAY-Urban: UP CM

File Photo LUCKNOW: Chief Minister Yogi Adityanath announced that over the past nine years, more than 60 lakh families have received housing benefits in both urban and rural areas of the state. With an additional 2 lakh families included on Sunday, the total has reached 62 lakh. “This marks the first time since independence that so many families have fulfilled their dream of owning a permanent house,” the CM stated during a program at Indira Gandhi Pratishthan in Lucknow, where he transferred the first installment to 2.09 lakh approved beneficiaries of the Pradhan Mantri Awas Yojana (Urban) 2.0. “This is…