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

Lucknow Development Authority clears illegal structures in Gomtinagar Extension

23 Sep 2025

The Lucknow Development Authority (LDA) carried out a demolition drive in Gomtinagar Extension, removing around 18 illegal constructions on land acquired in 2000 under the Amar Shaheed Path-Gomtinagar Extension scheme. Spanning approximately 10,500 sq meters and valued at about INR 150 crore, the encroached land had buildings on Khasra numbers 406, 407, 408, and 409 in Sector 6. Despite resistance from occupants, the operation was completed successfully. The reclaimed area is now being planned for residential and commercial development, with proposals under review by the LDA planning section.Read more

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Lucknow Development Authority earns INR 300 crore from e-auction of properties

11 Sep 2025

The Lucknow Development Authority (LDA) successfully raised over INR 300 crore through a recent e-auction of various properties. The auction included school plots in Basant Kunj, a commercial plot in the Central Business District, and residential plots in Gomti Nagar Extension. Competitive bidding and strong participation highlighted growing investor confidence in Lucknow's real estate sector. The LDA's transparent processes and organized site visits contributed to the successful sale of 50 properties, showing a rising interest in both residential and commercial developments.Read more

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LDA begins Anant Nagar plot lottery, 56 plots allotted on first day

10 Sep 2025

The Anant Nagar Housing Scheme in Lucknow began its lottery process earlier this week, allotting more than 50 plots on the first day. Spread over 785 acres along Mohan Road, the project is designed to provide housing for around 1.5 lakh residents. The scheme features residential plots, commercial spaces, group housing, and PMAY-supported homes for EWS and LIG categories. Transparent lottery procedures and detailed planning for infrastructure, green spaces, and an Edutech City are part of the development.Read more

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Lucknow crime branch takes over Ansal real estate fraud cases

06 Sep 2025

The Lucknow Police have handed over most of the 293 FIRs filed against Ansal Properties & Infrastructure Ltd (APIL) to the crime branch for detailed investigation. These cases, dating back nearly two decades, involve allegations of organised fraud, forgery, land encroachment, and selling mortgaged or disputed land. The Lucknow Development Authority has claimed dues of about INR 400 crore, while RERA has registered over 2,200 complaints, with refund demands crossing INR 235 crore. The transfer of cases is aimed at ensuring a fair and consolidated probe into one of Uttar Pradesh's biggest real estate controversies.Read more

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Lucknow's Varun Vihar township to span 5,600 acres with 15,000 plots

04 Sep 2025

The Lucknow Development Authority (LDA) has announced a large township project called Varun Vihar, spread over 5,600 acres along the Agra Expressway. The plan includes a 300-acre logistics park with direct connectivity to the expressway and Kisanpath, more than 15,000 residential, commercial, and group-housing plots, and supporting facilities such as an inter-state bus terminal, an international-standard golf course, and a central park. Nearly 800 acres have been earmarked for green belts and water bodies. The project aims to create a balanced township with housing, infrastructure, and employment opportunities.Read more

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Lucknow Development Authority to conduct lottery for 332 residential plots in Anant Nagar

02 Sep 2025

Lucknow Development Authority is preparing to hold a lottery for 332 residential plots in the Anant Nagar housing scheme, scheduled to take place later this week at Indira Gandhi Pratishthan and streamed live on the LDA's YouTube channel. Over 8,500 applicants had registered in the second phase, which offered plots ranging from 112.5 sqm up to 450 sqm. The township, spread over 785 acres, includes over 2,100 residential plots, 60 group-housing blocks with 10,000 flats, 5,000 units for EWS/LIG households, and 3,000 PMAY homes, along with modern infrastructure and a dedicated Edutech City.Read more

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Lucknow Development Authority launches digital databank to streamline map approvals

02 Sep 2025

The Lucknow Development Authority has rolled out a digital databank designed to centralise land records and ease the process of map approvals. The system integrates ownership details from bodies such as the district panchayat, Nazul, trusts, and the municipal corporation, enabling applicants to approach the correct department for no objection certificates. With a fixed two-week window for external approvals, the process is set to become quicker and more transparent.Read more

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Lucknow Municipal Corporation intensifies action against property tax defaulters

21 Aug 2025

The Lucknow Municipal Corporation (LMC) has ramped up its efforts to recover pending property taxes by sealing and attaching 24 buildings across multiple zones. The civic body's move comes in response to a continued backlog of unpaid dues, despite earlier initiatives such as online payment systems and one-time settlement schemes. The action targets high-defaulter properties and reflects LMC's stricter enforcement measures to improve revenue collection and ensure compliance among property owners.Read more

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Lucknow Development Authority takes over incomplete township project

18 Aug 2025

The state development body has stepped in to complete a stalled township project after ending a decades-old agreement with the original developer, who failed to deliver promised infrastructure and became insolvent. The township spans over 2,000 homes in nine blocks, along with educational, commercial, and recreational facilities. With the developer no longer active on site since about 2010-11, residents have waited years for basic services. The authority now plans to fund completion of roads, drainage, parks and a community centre using assets still held by the builder, once necessary approvals and assessments are in order.Read more

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LDA refuses building map approvals in 241 illegal Lucknow colonies

17 Aug 2025

The Lucknow Development Authority has made it clear that no map approvals will be granted for housing in 241 unauthorised colonies, unless the 7.5-metre-wide roads are built by the government and are at least 200 metres in length. Despite discussions of relaxed norms, privately built roads in these areas remain ineligible. These colonies, first identified nearly 25 years ago, continue to lack basic infrastructure. Over time, regularisation efforts have repeatedly fallen short due to the stringent infrastructure criteria embedded in city planning frameworks. The LDA asserts that approving plans without proper amenities would fuel unplanned urban sprawl.Read more

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LDA begins work on 1,084-hectare Naimish Nagar township in Lucknow

15 Aug 2025

Lucknow Development Authority (LDA) commenced work on the Naimish Nagar model township project along Sitapur Road, designed to accommodate around 300,000 residents. The first site office is being set up in Purva village, with land acquisitions progressing under a consent-based policy across eighteen targeted villages. The township will feature residential, commercial, and public amenities while supporting industrial, healthcare, educational, and logistics growth. The initiative is also aimed at improving local infrastructure and creating significant employment opportunities for the region.Read more

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Lucknow to get new Fortune Hotel as ITC expands in Uttar Pradesh

11 Aug 2025

ITC Hotels' Fortune brand is expanding in Uttar Pradesh with a new property in Lucknow through a tie-up with CEM Hospitality, bringing its operational presence in the state to seven hotels. Located on Lucknow-Kanpur Road, the 93-room hotel will feature a multi-cuisine restaurant, rooftop dining, a bar, banquet halls, a swimming pool, gym, and spa. CEM Hospitality Chairman Indermohan Singh said the partnership leverages Fortune's strong brand and operational expertise. The group already operates hotels in Lucknow, Aligarh, Ghaziabad, and Noida, with new developments underway in Ayodhya and other locations, reflecting its strategy to strengthen its presence in high-growth destinations.Read more

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Lucknow set for urban makeover with new housing, bylaws and commercial policy

09 Aug 2025

In a significant push towards urban transformation, the Lucknow Development Authority (LDA) approved a series of building bylaw amendments and housing initiatives during a board meeting held this past week. The decisions included permitting housing development on government roads narrower than nine metres, launching group housing projects, and shifting commercial land allotment to a first-come, first-served model. Other proposals sanctioned include a modern transport terminal at Charbagh, e-vehicle charging stations, and digital preservation of land records. Affordable housing continues to be a key priority, with registrations underway for nearly 1,832 units.Read more

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Lucknow Development Authority to hike development fees near expressways

07 Aug 2025

The Lucknow Development Authority moved proposals to increase development charges and special amenity fees for properties within a 500 metre radius of major expressways like Shaheed-Path, Kisan-Path and the Green Corridor. Funds from these hikes will be earmarked for infrastructure and civic upgrades. Additional plans include new housing schemes, land-use conversions, land allocations for e-auto charging stations and a PPP bus terminal, and digitisation and financial borrowing proposals. All key ongoing housing and expansion projects, including those at Anantnagar, IT City and Kamdhenu Nagar, feature in the agenda.Read more

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Lucknow updates property rates; new QR code system launched for rate verification

05 Aug 2025

Lucknow's property market has seen a rise in official property valuations after the administration revised circle rates for the first time in nearly a decade. Residential land prices have increased by 20-25 % and agricultural land by about 15 %. Localities such as Gomtinagar, Mahanagar and Indiranagar recorded the sharpest hikes. Premium locations now have updated rates in line with current market conditions. The revision also introduces QR code transparency and a cap on stamp duty for family transfers.Read more

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LDA launches first-come-first-served sale for long-vacant shops

04 Aug 2025

Last week the Lucknow Development Authority announced that it intends to offer over one hundred long-vacant shops for direct purchase on a first-come-first-served basis, following repeated unsuccessful auctions due to high reserve prices and poor condition of properties. The authority also proposes converting more than forty unutilised public-facility plots into residential and commercial use. This initiative forms part of a broader budget proposal designed to boost revenue and support major infrastructure and housing developments.Read more

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New Lucknow policy links property tax with waste fee, offers 10% online discount

30 Jul 2025

The Lucknow Municipal Corporation (LMC) has revised its waste collection charges, linking them to property tax records-INR 50/month for homes taxed up to INR 5,000 annually and INR 100 for higher-taxed properties. This citywide charge applies even in areas where LMC collection is irregular or absent, prompting criticism from residents in zones like Chinhat and Gomtinagar who already pay private collectors. While LMC claims the move enhances transparency and funds long-term improvements, locals call it unfair. This is the first update since 2017 and offers relief to 40% of lower-taxed households. Payments are mandatory, with a 10% discount for advance online payments.Read more

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LDA allots over 300 PMAY units to beneficiaries in Sector-I of Basant Kunj

29 Jul 2025

Over 300 housing units built under the Pradhan Mantri Awas Yojana (PMAY) in Lucknow's Basant Kunj scheme were allotted to eligible applicants during a lottery process that began last Thursday. This marks a significant step towards providing affordable housing in the city, with the draw continuing for various reserved categories over the weekend. The 1,000-unit project, for which applications were invited in 2021, aims to provide compact yet well-equipped homes at an accessible cost to urban poor families, aligning with the broader goal of 'Housing for All' in Uttar Pradesh and nationwide.Read more

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LDA announces e-auction of 200 residential plots across prime Lucknow localities

24 Jul 2025

The Lucknow Development Authority (LDA) has initiated an e-auction process for around 200 residential plots located across some of the city's most sought-after areas, including Basant Kunj, Priyadarshani Colony, Kanpur Road, and both Gomtinagar and its extension. The available plot sizes range from 60 m² to 252m². Complete details including base prices, plot numbers, and location maps are available online. This move follows a recent auction of premium plots and commercial complexes, forming part of the LDA's wider strategy to better utilize idle land and meet the city's growing demand for organized housing.Read more

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LDA to approve compounding maps under new 2025 building bylaws in Lucknow

23 Jul 2025

The Lucknow Development Authority (LDA) has begun approving compounding maps under the new 2025 Model Building Construction and Zoning Bylaws. This move allows property owners to legalize previously unauthorized constructions by aligning them with updated regulations, avoiding penalties. Announced during a Janata Adalat by LDA Vice Chairperson Prathamesh Kumar, the initiative assigns zonal officers specific targets-75 to 220 approvals per zone-to expedite processing. The new rules also permit greater land coverage and a higher Floor Area Ratio (FAR), offering more design flexibility. This framework aims to streamline regularization and improve public welfare through transparent and efficient building compliance processes.Read more

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