SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Lucknow

Omaxe to invest INR 250 crore in Lucknow housing project under metro city township plan

01 May 2026

Omaxe Group has planned an investment of INR 250 crore to develop its premium residential project ‘Omaxe Cassia’ in Lucknow. The project is part of the larger 690-acre Omaxe Metro City township located on Raebareli Road. The company has already recorded strong initial sales, with around 300 units sold out of a total 360 units. The development is aligned with the company’s ongoing expansion strategy in key urban markets. Established in 1987, Omaxe has built a significant presence across India with large-scale residential and commercial developments across multiple states.Read more

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Lucknow’s Anantnagar scheme to allot 498 residential plots through lottery

01 May 2026

Lucknow Development Authority has announced the allotment of 498 residential plots under its Anantnagar housing scheme in Lucknow, to be distributed through a lottery system. The scheme forms part of a larger township development along Mohan Road, designed to accommodate future residential demand with planned infrastructure and amenities. The plots will be offered across multiple size categories, continuing the authority’s phased rollout of the project. The initiative follows earlier phases that witnessed strong applicant interest and is aimed at expanding access to plotted housing in the city’s developing corridors.Read more

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LDA launches 630 affordable flats scheme in Lucknow

Lucknow News Desk

26 Apr 2026

The Lucknow Development Authority has introduced a new affordable housing opportunity with 630 flats under its Atalnagar scheme in Lucknow, targeting first-time buyers and lower-income households. Registrations opened earlier this week and will remain active for a limited window, with allotments to be conducted through a lottery system to ensure transparency. The development, located in Devpur Para, offers a mix of one- and two-bedroom units, with prices starting from around INR 9.82 lakh. The scheme includes essential urban infrastructure such as water supply, electricity, parking, and community amenities, reinforcing the authority’s broader push to expand accessible housing inventory. The initiative is expected to draw strong demand amid continued interest in budget housing across tier-II cities.Read more

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Experts call for planned, fire-safe slum housing after Lucknow blaze leaves over 1,000 homeless

Lucknow News Desk

25 Apr 2026

A recent fire in Lucknow that destroyed over 280 shanties and displaced more than 1,000 residents has prompted urban planners and housing experts to call for structured, fire-resilient slum redevelopment. The incident, intensified by multiple LPG cylinder explosions, exposed vulnerabilities in informal settlements built with flammable materials and lacking basic infrastructure. Experts have recommended in-situ redevelopment, use of safer construction materials, and planned layouts with firebreaks to reduce risks. The development has renewed focus on integrating informal housing into formal urban planning frameworks while ensuring livelihood continuity for low-income residents.Read more

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Lucknow Police attaches INR 5.78 crore assets in real estate fraud case under Gangsters Act

Lucknow News Desk

22 Apr 2026

Lucknow Police has attached assets worth over INR 5.78 crore linked to an alleged real estate fraud syndicate that duped buyers by selling non-existent or disputed land parcels. The action, carried out under the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act, targets properties and vehicles belonging to the accused. The syndicate reportedly posed as representatives of reputed developers and specifically targeted armed forces personnel. Authorities have registered multiple cases involving fraud, forgery and criminal conspiracy. The move forms part of an ongoing crackdown on organised real estate fraud, with further asset attachments expected as investigations progress.Read more

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Lucknow launches OTS scheme for 4,000 property defaulters

Lucknow News Desk

21 Apr 2026

The Lucknow Development Authority has introduced a one-time settlement (OTS) scheme targeting nearly 4,000 defaulting property allottees across residential, commercial and institutional segments. Rolled out earlier this week, the scheme allows waiver of penal interest and offers structured payment options, including instalments for high-value dues. Incentives for early settlement and simplified processing aim to accelerate resolution of long-pending defaults. The initiative is designed to improve revenue recovery while enabling property regularisation for allottees facing accumulated liabilities. With dedicated help desks and outreach measures, the authority is seeking to bring inactive accounts back into compliance and streamline property administration across its portfolio.Read more

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Lucknow civic body clears Amausi township and 14 other projects worth INR 2,500 crore

Lucknow News Desk

21 Apr 2026

The Lucknow Development Authority (LDA) has approved 15 major development proposals, including a new township in Amausi, with a combined investment of nearly INR 2,500 crore. The clearances cover residential, commercial and institutional projects across the city and are expected to add fresh housing supply and urban infrastructure. The proposed Amausi township will be developed over a large land parcel near the airport corridor, reflecting the authority's focus on planned urban expansion in southern Lucknow. The approvals form part of a broader push to accelerate project clearances and unlock stalled investments in the city's real estate market.Read more

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Lucknow civic body proposes simplified property mutation charges

Lucknow News Desk

20 Apr 2026

The Lucknow Municipal Corporation (LMC) has proposed a revised and simplified structure for property mutation charges, aimed at making ownership transfers more transparent and affordable. The proposal, tabled in the past week, seeks to replace complex valuation-linked fees with a clearer, standardised framework. The move is expected to benefit both residential and commercial property owners by reducing ambiguity and financial burden during property transfers. It builds on earlier reforms where mutation fees were capped and slab-based structures introduced. The revision is part of broader efforts to streamline civic processes, improve compliance and enhance ease of property transactions in the city's real estate market.Read more

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Lucknow authority moves ahead with plan to redevelop low-rise housing into high-rises

Lucknow News Desk

19 Apr 2026

The Lucknow Development Authority (LDA) is planning to redevelop its ageing low-rise residential buildings into high-rise structures to improve land use and increase housing supply. The move follows the state's urban redevelopment policy targeting buildings over 25 years old or structurally weak. The plan aims to modernise infrastructure, improve living conditions, and support rising demand in the city. It also aligns with LDA's broader focus on affordable housing, new residential schemes, and infrastructure upgrades, indicating a steady shift towards vertical development in Lucknow's urban planning approach.Read more

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Lucknow development authority to launch housing scheme with over 2,000 plots in first phase to meet rising demand

Lucknow News Desk

15 Apr 2026

The Lucknow Development Authority (LDA) is set to introduce a new residential plot scheme, offering over 2,000 plots in its first phase as part of a broader expansion of housing supply in the city. The scheme, expected to be rolled out shortly, aims to address increasing demand for plotted developments driven by urban growth and infrastructure expansion. Authorities indicated that allotment will follow a transparent process, likely through a lottery system, with detailed information on plot sizes, pricing and application timelines to be released separately. The initiative forms part of LDA's wider strategy to develop new residential layouts and townships while improving access to organised housing across income segments in Lucknow.Read more

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Lucknow Development Authority halts demolition drive in Chinhat after resistance from builders

Lucknow News Desk

10 Apr 2026

The Lucknow Development Authority (LDA) halted a demolition drive targeting an unauthorised residential colony in Chinhat after facing resistance from builders and their associates. The enforcement action, carried out in the past week near the Kisan Path corridor, was aimed at clearing illegal plotting spread across nearly seven acres. Officials withdrew from the site after disruptions escalated into stone-pelting, raising safety concerns. The authority has stated that the drive will be resumed with police protection. The incident highlights operational challenges faced by planning authorities in enforcing development regulations amid on-ground opposition. It also reflects ongoing efforts by the LDA to curb unauthorised colonies and ensure compliance with approved layout plans in expanding urban zones of Lucknow.Read more

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LDA to roll out three luxury housing projects in Lucknow amid rising premium housing demand

09 Apr 2026

The Lucknow Development Authority is preparing to launch three luxury residential projects in Lucknow to address increasing demand for high-end housing. The developments, expected to begin shortly, will focus on premium apartments equipped with modern amenities. The move forms part of the authority's broader strategy to diversify beyond affordable housing and strengthen urban infrastructure. The projects are positioned to attract affluent homebuyers and investors, reflecting a shift in the city's residential market towards upscale developments alongside ongoing township and infrastructure expansion initiatives.Read more

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Uttar Pradesh and Singapore discuss stronger investment and infrastructure collaboration

07 Apr 2026

Uttar Pradesh is looking to strengthen its economic ties with Singapore following a recent high-level meeting between Chief Minister Yogi Adityanath and Singapore's High Commissioner to India. The discussion focused on boosting investments, improving skill development, and expanding cooperation in infrastructure and cultural sectors. Singapore has shown growing confidence in the state's business environment, with companies planning expansion and a new delegation expected to visit soon. The state government is also preparing an investment roadmap for key regions to ensure balanced growth and attract global investors.Read more

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Adani backs Uttar Pradesh's USD 1 trillion economic roadmap after meeting CM Yogi Adityanath

07 Apr 2026

Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow and expressed strong support for the state's long-term economic vision. The roadmap aims to transform Uttar Pradesh into a USD 1 trillion economy by 2030 and expand it to USD 6 trillion by 2047. Adani highlighted the scale and intent of the plan, stating that it reflects the state's potential. The Adani Group has committed to contributing through investments across sectors such as power, infrastructure, logistics, airports, defence, industrial parks, and data centres.Read more

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LDA starts door to door property verification drive to fix records in Lucknow

06 Apr 2026

The Lucknow Development Authority has started a city-wide door-to-door verification drive to update records of residential and commercial properties under its schemes. The initiative aims to fix outdated or missing documentation, reduce fraud and improve property record management. Survey teams will collect ownership details, ID proofs and contact information to align official data with actual occupancy. This move supports the digitisation of property records, making processes like ownership verification, transfers and grievance handling more efficient. The exercise also reflects a broader push to improve transparency, strengthen governance and minimise disputes in Lucknow's real estate market.Read more

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LDA makes allotment letters available online, sets three-month deadline for allottees

Lucknow News Desk

03 Apr 2026

The Lucknow Development Authority has made it mandatory for allottees to download their allotment letters online through its official portal. The move replaces the earlier system of sending physical letters and aims to improve transparency and reduce delays. Applicants will receive SMS alerts once their letters are uploaded and must complete all required formalities within three months. If they fail to do so, the allotment will be cancelled automatically. The step also comes after past cases of fake allotment letters, with the authority aiming to make the process more secure.Read more

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Lucknow Development Authority introduces one-time settlement scheme to address dues from property allottees

Lucknow News Desk

01 Apr 2026

The Lucknow Development Authority (LDA) has introduced a one-time settlement (OTS) scheme aimed at enabling defaulters to clear outstanding dues linked to residential, commercial, and institutional properties. The initiative, aligned with a broader state-level policy, allows waiver of penal charges while requiring payment of principal and simple interest. The scheme is expected to benefit thousands of allottees and help recover significant pending revenue. It will remain open for a limited period, with structured payment options and incentives for early settlement. The move is intended to regularise delayed accounts, improve cash flows for the authority, and address long-pending allotment cases across multiple housing and development schemes in Lucknow.Read more

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BIG FM enters real estate with Lucknow project, targets INR 1,200 crore revenue from Bahraich development

28 Mar 2026

Reliance Broadcast Network Limited-owned BIG FM has entered the real estate sector with the launch of its new vertical, BIG FM Realty, marking its debut with a project in Uttar Pradesh. The company has unveiled Big UNIMAXX City in Bahraich and is targeting revenue of INR 1,200 crore from the development. The launch event, held in Lucknow, drew participation from over 500 channel partners and stakeholders. BIG FM Realty has also outlined plans to scale its portfolio to INR 4,000 crore over the next three years. The initiative signals the entry of a media-led entity into regional real estate markets, focusing on structured project execution and brand-led positioning.Read more

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LDA approves INR 5,148 crore budget to expand affordable housing and city infrastructure

Lucknow News Desk

25 Mar 2026

The Lucknow Development Authority (LDA) has approved a budget of INR 5,148 crore for FY 2026-27, focusing on affordable housing, land acquisition, and infrastructure upgrades. A major allocation of INR 200 crore will be used to build 848 flats in Sharda Nagar Extension. The plan also includes INR 1,600 crore for land acquisition in key growth corridors and funds for existing housing schemes, mobility projects, and civic infrastructure. The budget reflects a continued push to increase housing supply while preparing land and infrastructure for future urban expansion.Read more

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Lucknow Development Authority strengthens monitoring of illegal constructions with drones and satellite surveys

Lucknow News Desk

21 Mar 2026

The Lucknow Development Authority (LDA) has adopted drones and satellite imagery to strengthen enforcement against unauthorised constructions and land-use violations. Initial surveys have focused on residential plots along major roads where some properties were being used for offices, showrooms, and retail without approved land-use changes. By combining GPS data, geospatial mapping, and aerial imagery, the authority is identifying deviations like unauthorised floors and layout changes. Over 5,000 illegal constructions have already been detected and sealed. Regular six-monthly surveys across all city zones are planned for ongoing compliance and prompt action.Read more

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