Tag: Lucknow

Latest StoriesResidential

Uttar Pradesh Cabinet Greenlights Affordable Housing Policy

LUCKNOW: On Tuesday, the state cabinet approved a new policy to implement affordable housing initiatives under the Pradhan Mantri Awas Yojana-Urban 2.0, including affordable housing in partnership (AHP) and affordable rental housing (ARH) components. The initiative aims to provide accessible housing for middle-income and economically weaker sections of society. Beneficiaries will receive financial aid of Rs 1.5 lakh from the Centre and Rs 1 lakh from the state government. Additionally, developers of approved projects will benefit from exemptions on land-use change charges, map approval fees, and external development fees. Beneficiaries will also enjoy reduced stamp duty rates. Under the ARH…

Latest StoriesRegulatory

Lucknow Civic Body Seals Seven Establishments for Tax Dues

LUCKNOW: On Monday, the Lucknow Municipal Corporation (LMC) sealed seven establishments across zones 2 and 4 as part of a drive to recover outstanding property and house tax from major defaulters. In zone 4, three government-sector buildings were sealed due to significant tax arrears. Zonal officer Shilpa Kumari stated that these institutions had received multiple notices to clear their dues, but payments were not forthcoming. The sealing process was initiated in accordance with municipal regulations. According to records, these three establishments collectively owe more than Rs 1.5 crore in property taxes. Officials confirmed that the enforcement team carried out the…

Latest StoriesResidential

Lucknow: 549 Plots Assigned in LDA’s IT City Scheme

Representative AI image LUCKNOW: The Lucknow Development Authority (LDA) organized a lottery draw for the distribution of developed residential plots to farmers and landowners who contributed their land under the land pooling policy for the IT City project. The draw took place on Monday at the Mars auditorium in Indira Gandhi Pratishthan, where applicants were invited to participate, and it was also streamed live on YouTube. LDA vice-chairman Prathamesh Kumar announced that the scheme is being developed on approximately 3,490 acres along Sultanpur road. Only landowners who signed agreements with the LDA by January 31 were included in the lottery.…

Latest StoriesRera

UP-RERA fines Lucknow builders ₹2.43 crore for QPR delays

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has levied a fine of ₹2.43 crore on two Lucknow-based promoters for their repeated failure to upload mandatory quarterly progress reports (QPR) of their registered projects on the authority’s web portal. In one instance, promoter Shushil Kumar Katiyar of the Arpita Infinity project has faced penalties. This project, registered with a start date of July 10, 2024, and an expected completion by January 31, 2027, did not adhere to uploading the necessary progress reports despite receiving multiple notices from UP-RERA. Consequently, the authority sanctioned a fine of ₹16.25 lakh, which…

Latest StoriesResidential

Park View Apartments by Lucknow Development Body: 364 Flats

Representative AI image LUCKNOW: The Lucknow Development Authority is set to construct the Park View apartments in the Basant Kunj scheme, located near Rashtra Prerna Sthal, comprising 364 premium flats. This complex will be in proximity to densely populated areas of old Lucknow and will connect to the Green Corridor, IIM Road, Dubagga Road, and Chowk. Registration for the flats will be open from March 7 to April 6, with applications accepted solely through the LDA website. Allotment will follow a lottery system, and officials stated that the project received approval following positive feedback from an online demand survey. The…

IndustryLatest Stories

Uttar Pradesh: Water Bodies Required for 10-Acre Projects

Representative AI image LUCKNOW: The housing department has mandated that construction firms and individuals undertaking residential, commercial, mixed-use, or other real estate projects of 10 acres or more must allocate 1% of the land for a waterbody. This initiative aims to enhance groundwater recharge, as the water from the reservoir will be recycled for non-potable purposes like cleaning, green maintenance, and dust suppression. While existing provisions for rainwater conservation in group housing projects are present, incorporating a waterbody in the layout will facilitate water diversion and recycling for diverse daily needs. Senior officials from the department emphasized their goal of…

CommercialLatest Stories

Lucknow: IT City Plot Allotment Lottery on Feb 28

LUCKNOW: The Lucknow Development Authority is set to launch the IT City housing scheme on Sultanpur Road on February 28, starting with the allotment of developed plots to landowners under the land pooling policy. A total of 870 residential plots will be allocated to 336 farmers who contributed land to the project, with allotments conducted via a lottery system. The draw will take place in the presence of the landowners at the Indira Gandhi Prathishthan. The initial phase will offer plots ranging from 35 sq m to 288 sq m. After allotment to land pooling beneficiaries, the remaining plots will…

Latest StoriesResidential

Lucknow RWA Protests Emaar India’s Clubhouse Sale

LUCKNOW: Residents of Emaar Gomti Green protested against what they claim to be the unlawful sale of their clubhouse by Emaar India. The residents argue that the clubhouse, initially built for their convenience and community activities, was sold to an external party without consent. Now operating as a commercial venue, the clubhouse has raised significant security concerns. Additionally, late-night events are reported to disturb children’s education and the overall tranquility of the community. Holding banners and placards, residents staged a symbolic protest at the clubhouse and outside Emaar India’s offices. They further expressed their frustrations about ongoing issues with electricity,…

IndustryLatest Stories

Uttar Pradesh to Use Vacant Society Spaces in Redevelopment Plan

LUCKNOW: Residents of Lucknow and other significant cities may join forces to redevelop existing housing societies. Following the example set by metro cities, a new redevelopment policy launched by the state government allows for the utilization of additional space in residential layouts to create larger units. If two-thirds or more apartment owners in a layout exceeding 1,500 sq mt (16,146 sq ft) consent, redevelopment efforts can commence to construct improved apartments. To support the project’s financial viability and attract private developers, various incentives will be available. The local housing development authority will provide a 50% rebate on development charges, an…

Latest StoriesRegulatory

Lucknow: 5,000+ Property Owners Face Sealing, Demolition Risks

LUCKNOW: A recent survey indicates that over 5,000 property owners in the city may face sealing or demolition of their premises due to land-use violations along roads that are 24 meters wide. A private agency, commissioned by the Lucknow Development Authority (LDA), identified 5,103 residential buildings allegedly repurposed for commercial use without necessary approvals. Officials announced that notices will be sent out within a week. Property owners will need to either regularize their buildings under the 2025 building bylaws or cease commercial activities. “Failure to comply may result in enforcement actions, including sealing or demolition, under the UP Urban Planning…