05 Nov 2024

The Lucknow Development Authority (LDA) is investing INR 3.5 crore to upgrade and beautify four high-rise residential societies in the city: Parijat, Srishti, Smriti, and Anubhuti apartments. Key initiatives include INR 93 lakh for exterior enhancements and a new boundary wall at Parijat, along with INR 1.58 crore for waterproofing at Srishti to address basement leaks. Recreational facilities, such as a skating rink in Lohia Park, will cost INR 1.3 crore. Additional safety measures include INR 15 lakh for utilities in Smriti and a park enhancement at Anubhuti. The LDA is also focusing on a INR 2 crore irrigation project along the Gomti Riverfront and a solar power plant for INR 25 lakh at Jyotiba Phule Zonal Park, demonstrating a commitment to sustainable urban living and community safety.Read more

31 Oct 2024

Migsun Group will soon begin the possession process for Migsun Janpath, a high-street commercial project in Shaheed Path, Lucknow. The development offers high-street retail, premium business suites, studio apartments, and world-class amenities. Located near Medanta Hospital, it boasts excellent connectivity to key city landmarks, including Lucknow Airport and Ekana Cricket Stadium. The project features high visibility due to its 4-sided open plot and includes multi-level parking, a food court, entertainment zone, and 3-tier security. With limited units still available, Migsun Group invites buyers and investors to invest in this ready-to-move-in commercial destination. The Group is renowned for timely project delivery.Read more

31 Oct 2024

The Lucknow Municipal Corporation (LMC) will review a proposal for a new mutation fee structure in an upcoming executive committee meeting, potentially setting a maximum fee of INR 15,000. Currently, the fee is 1% of a property's value, leading to high charges for property owners. The proposed tiered system would categorise properties by value, aiming to ease financial burdens. Concerns have been raised about the higher charges compared to existing fees set by the Lucknow Development Authority. In response to a state government directive for reduced fees, the LMC seeks to streamline the mutation process, addressing delays and improving efficiency.Read more

31 Oct 2024

Earlier this month, farmers from villages near Chaudhary Charan Singh International Airport in Lucknow protested against the local government's land reclamation efforts for airport expansion. The protest forced authorities to halt their operations amid allegations of illegal land acquisition and insufficient compensation. Despite the airport's claim of government ownership for over 70 years, villagers argue that the original acquisition notification lacked essential details, questioning its legality. In their fight for recognition and rights over the land they have farmed for generations, the farmers met with local officials to address their concerns directly.Read more

25 Oct 2024

The Lucknow Development Authority (LDA) is celebrating its 50th anniversary by offering substantial discounts on flats, with direct reductions of INR 1 lakh to INR 2.5 lakh available from October 21 to December 31. Early payment incentives provide additional discounts of up to 6% for timely payments. The available flats range from 500 to 1,900 square feet and are priced between INR 23 lakh and INR 1.08 crore. Government employees can secure flats with a 25% down payment, while the general public needs to pay 35%. Properties are located in several prominent areas, including Gomtinagar and Jankipuram, aiding homebuyers in fulfilling their ownership dreams.Read more

17 Oct 2024

The Lucknow Development Authority (LDA) has streamlined its property mutation process to address delays and meet the 60-day completion mandate. Key changes include allowing the property section to verify online fee payments directly, assigning specific responsibilities to officials and implementing a more efficient workflow. The new system involves rapid assignment of applications, timely reviews by planning assistants, and quicker decision-making by property officers. For inheritance cases, a streamlined publication and review process has been established. These improvements aim to reduce processing times, enhance efficiency and provide better service to property owners acquiring residential or commercial properties in LDA schemes.Read more

15 Oct 2024

The Lucknow Development Authority (LDA) has streamlined its property mutation process to address delays and meet the 60-day completion mandate. Key changes include allowing the property section to verify online fee payments directly, assigning specific responsibilities to officials and implementing a more efficient workflow. The new system involves rapid assignment of applications, timely reviews by planning assistants, and quicker decision-making by property officers. For inheritance cases, a streamlined publication and review process has been established. These improvements aim to reduce processing times, enhance efficiency and provide better service to property owners acquiring residential or commercial properties in LDA schemes.Read more

19 Sep 2024

The Lucknow Municipal Corporation (LMC) has implemented significant changes, including capping the mutation fee at INR 10,000 and withdrawing extra charges from 20 business sectors, benefiting over 200,000 business owners. Plans are underway to survey and cover open drains after a recent tragedy, and sewer issues in Munshipulia will be addressed. Additional projects include disaster relief equipment procurement, upgrading municipal schools with smart screens, constructing entry gateways to the city, and organising street vending zones for Diwali. The LMC is also set to replace an old municipal school with modern infrastructure, including underground parking.Read more

19 Sep 2024

In a recent LDA board meeting led by Lucknow Commissioner Roshan Jacob, it was decided that safety audits would be mandatory for all buildings over 15 metres tall, following a deadly building collapse. Costs for the audits will be covered by building owners or Residents Welfare Associations (RWAs). A private firm will handle the audits, which are due to be completed by October. The LDA also approved high-rise developments in Transit-Oriented Development zones with higher Floor Area Ratios (FAR). Other updates included transferring management of the Ambedkar Auditorium, creating new sub-centres in Gomtinagar, and revising land acquisition plans for the Wellness City project.Read more

13 Sep 2024

Jashn Elevate by Jashn Realty spans 10 acres, delivering a lavish lifestyle and an exceptional living experience. This RERA-approved project, valued at INR 820 crores, has already experienced a 20% increase in property value, with expectations of a 50% increase next year. Featuring over 56 modern amenities, including high-tech fitness centers, swimming pools, and serene green spaces, the development caters to diverse lifestyle needs. Strategically located on Sultanpur Road, it provides seamless access to key city areas. Jashn Realty also offers in-house financial assistance, ensuring a seamless homebuying process for potential residents.Read more

04 Sep 2024

The Lucknow Development Authority (LDA) has recently acquired over 12 hectares of land in Piyarepur village for the Edium City project, also known as the Mohan Road scheme. This process began 15 days ago and involved signing agreements with local farmers. This is part of a bigger plan to turn the area into a modern urban center with roads, sewers, and green spaces. To address concerns, the LDA has increased compensation rates for farmers in Piyarepur. A budget of INR 225 crore has been set for the first phase of the development. This project will focus on roads, sewers, and other infrastructure.Read more

23 Aug 2024

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has referred 250 home possession cases to adjudicating officers in Lucknow and Gautam Budh Nagar to address developers' delays in property delivery. Of these, 130 cases are in Lucknow, and 120 are in Gautam Budh Nagar. UP-RERA Chairman Sanjay Bhoosreddy emphasised the need for swift resolution, empowering officers under Rule-24 of the UP-RERA 2018 regulations. Developers who fail to comply face penalties enforced through the district magistrate. This action aims to protect home buyers' rights, ensuring timely possession and restoring confidence in the state's real estate market.Read more

21 Aug 2024

Lucknow, contributing 3.85% to Uttar Pradesh's GDP, is experiencing a real estate surge, with property prices rising by 25-50% over the past two years. The city's real estate market is fueled by government projects, IT sector expansion, and a 300% increase in warehouse demand. Recent infrastructure investments include INR 8,200 crore for 61 new projects, enhancing connectivity and reducing congestion. Prominent areas like Hazratganj and Gomti Nagar are seeing significant growth. Challenges such as traffic and waste management persist, but with ongoing developments, Lucknow is poised for continued economic and real estate advancement.Read more

20 Aug 2024

Lucknow, Uttar Pradesh, tops Tier 2 cities in India with a substantial 5.7 million square feet of gross leasable area (GLA) for shopping centres, surpassing Kolkata and Ahmedabad. Knight Frank India's survey reveals Lucknow's 5% share of the national retail stock and an 18.4% share of Tier 2 cities' GLA. With a density of 1,439 square feet per thousand people and over 580 retail stores, the city blends local and international brands, driven by growing demand and improved infrastructure. Abhishek Sharma from Knight Frank emphasizes Lucknow's role as a retail hub, aligning with India's expanding Tier 2 city market.Read more

09 Jul 2024

The Lucknow Development Authority (LDA) is set to start land acquisition for four new housing schemes: Wellness City, IT City, Educational City, and Prabandhnagar. Approved by LDA chairperson Roshan Jacob, these projects span various locations and include significant infrastructure developments. Wellness City on Sultanpur Road will feature medical facilities, while IT City will host a hi-tech park and industrial zones. Educational City on Mohan Road will have a grid layout with extensive residential and commercial plots. Prabandhnagar Scheme on IIM Road will encompass residential, commercial, and industrial areas. A tender worth INR 225 crore has been issued for infrastructure development.Read more

02 Jul 2024

Lucknow has made a significant environmental stride by completing the demolition of over 1,320 illegal structures along the Kukrail River, clearing 24.5 acres. The Lucknow Development Authority (LDA) led this initiative to address flood risks and restore the river's ecosystem. Over 1,800 displaced families were relocated using the Pradhan Mantri Awas Yojana scheme. The state government plans to invest INR 73 crore in developing an eco-tourism hub on the cleared land, promoting job creation, tourism, and environmental awareness. This project exemplifies the balance between urban development and environmental conservation.Read more

20 Jun 2024

The Lucknow Development Authority (LDA) has initiated the demolition of illegal constructions in Akbarnagar, targeting shops and houses built without permits. Affected residents are being relocated to Vasant Kunj, with LDA officials, including VP Indramani Tripathi, facilitating the move. The demolition, focused on vacated buildings, is under strict security and CCTV surveillance. While alternative housing is provided, residents face challenges such as a relocation fee of INR 8,000 and higher-floor apartments. The LDA is working to address these issues, aiming to balance planned development with resident well-being.Read more

17 Apr 2024

NCR-based real estate developer Migsun Group has acquired land in Lucknow to develop a mixed-use project called Migsun Lucknow Central. Spread over 20,239 sqm, the INR 426 crore project will have retail spaces, a food court, business suites, and studio apartments. Around 500 units will be launched in the first phase priced at INR 49 lakh each. This is Migsun Group's second commercial project in Lucknow, expanding their operations beyond Delhi-NCR to tier 2 cities like Lucknow.Read more

27 Mar 2024

Lucknow plans to merge water and house taxes, simplifying payments with distinct identification numbers. Early house tax payments by March 31st offer a 15% discount, promoting timely contributions. The executive committee approved audits of sewer lines and procured stainless steel tankers for summer water supply. Infrastructure dedications, like renaming a flyover and railway station, honour the city's heritage. These decisions reflect Lucknow's commitment to efficient tax collection and community involvement.Read more

08 Mar 2024

In a recent office directive, promoters have been instructed to submit project-related documents, including registration, extensions, and modifications, to the UP-RERA Head Office in Lucknow. This order outlines that the delivery can be made either in person or via postal service. The move aims to centralize project documentation processes and ensure compliance with regulatory standards. To expedite matters, documents for complainants in NCR regions will be handled at the Regional Office in Greater Noida. Sanjay Bhoosreddy, chairman of UP-RERA, emphasizes the importance of timely document delivery for efficient resolution of matters.Read more