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

Fire in Lucknow commercial building claims 15 lives, majority victims were students

Lucknow News Desk

23 Jun 2026

• A major fire broke out in a three-storey commercial building in the Aliganj area of Lucknow, Uttar Pradesh, resulting in at least 15 deaths and several injuries.
• Most of the victims were students and trainees associated with an animation and coaching centre operating inside the premises.
• The blaze is believed to have originated in the building and spread rapidly, trapping occupants inside and triggering panic evacuation attempts.
• Preliminary accounts suggest issues related to building usage and fire safety compliance may become part of the investigation into the incident.
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LDA opens registrations for over 3,100 plots under Varun Vihar and Naimish Nagar schemes

18 Jun 2026

The Lucknow Development Authority (LDA) has opened online registrations for more than 3,100 residential plots under its upcoming Varun Vihar and Naimish Nagar housing schemes in Lucknow. The launch marks a significant step in the authority's urban expansion programme, with around 2,100 plots being offered in the first phase of Varun Vihar and over 1,000 plots under Naimish Nagar. The schemes form part of LDA's larger plan to create new residential townships supported by modern infrastructure, green spaces and mixed-use development across key growth corridors of the city.Read more

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Lucknow fire department issues notices to hotels over safety violations

11 Jun 2026

The Lucknow Fire Department has issued notices to 20 hotels after inspections revealed violations of mandatory fire safety norms, intensifying a citywide compliance drive launched following recent fire incidents at hospitality establishments across the country. The affected hotels have been given 45 days to rectify deficiencies related to firefighting systems, emergency preparedness and evacuation infrastructure. The enforcement action forms part of a broader audit of hotels, restaurants, clubs and commercial establishments being undertaken across the Uttar Pradesh capital. Authorities have warned that failure to address the identified shortcomings within the stipulated period could lead to further action under fire safety regulations. The inspections have highlighted continuing concerns regarding fire preparedness in hospitality properties and other public-use buildings in Lucknow.Read more

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No More Land Deals in Lucknow’s IT City and Wellness City: Government Cracks Down to Protect Original Landowners

09 Jun 2026

• The Uttar Pradesh government has barred the sale, purchase and registration of land within the notified areas of LDA’s IT City and Wellness City projects in Lucknow.
• The move is aimed at preventing speculative land transactions and ensuring that benefits under the land pooling scheme reach original landowners.
• Only landowners whose names are already recorded in revenue records will be eligible for developed plots and project-related benefits.
• The restriction covers the first phase of both mega township projects being developed along Sultanpur Road and the Kisan Path corridor.
• Authorities expect the decision to curb artificial land price escalation and support smoother implementation of the projects.
Read more

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LDA Set to Roll Out Three Housing Schemes as Lucknow’s Expansion Gains Pace

08 Jun 2026

• The Lucknow Development Authority (LDA) is preparing to launch three new residential schemes in June to meet growing housing demand across the city.
• The upcoming projects form part of LDA’s broader strategy to support planned urban expansion and create new residential opportunities.
• Naimish Nagar Yojana is among the schemes being positioned to accommodate future population growth in emerging development zones.
• The launch is expected to boost housing supply while strengthening infrastructure-led development across Lucknow’s expanding urban footprint.
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Circle Rates Jump Up to 100% in Lucknow Villages Along Expressway Growth Belt

06 Jun 2026

Lucknow district administration has significantly revised circle rates across several villages located along emerging expressway and infrastructure corridors, with some areas witnessing increases of up to 100%. The revisions cover villages situated near the Purvanchal Expressway, Kisan Path, IT City expansion zone and other rapidly urbanising pockets. Officials said the move reflects changing land values driven by infrastructure investments, industrial development proposals and rising real estate activity. The revised rates are expected to influence land transactions, stamp duty collections and future development planning across the district.Read more

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Lucknow housing alert: LDA reopens premium flat bookings in Basant Kunj project—check prices, details

05 Jun 2026

• Lucknow Development Authority has reopened bookings for premium flats in its Basant Kunj housing project after closing earlier registrations.
• The scheme offers 3 BHK and 3 BHK with servant quarter units under a lottery-based allotment system.
• Around 364 flats are part of the Park View Apartments project, spread across four towers with up to 20 floors.
• Prices are fixed at about INR 74.59 lakh for 3 BHK and INR 94.92 lakh for larger units.
• Payments are structured with instalments and regulated under UP RERA guidelines.
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Lucknow sanctions 48 road projects worth INR 11.66 crore in Sarojini Nagar to improve connectivity

Lucknow News Desk

04 Jun 2026

The Lucknow administration has approved 48 road construction and strengthening projects worth INR 11.66 crore in Sarojini Nagar under the Chief Minister Rapid Road Development Scheme. The works will cover nearly 10 km of internal and connecting roads across the constituency, aimed at improving local connectivity and easing commuter movement. The initiative also includes ongoing civic upgrades such as improved street lighting and infrastructure strengthening in several villages. Officials said the projects have been launched in phases to enhance road quality and address long-pending connectivity gaps in the area.Read more

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UPMRC to roll out National Common Mobility Card from June 15 amid Lucknow Metro smart card issues

Lucknow News Desk

03 Jun 2026

Lucknow Metro will begin issuing and accepting the National Common Mobility Card (NCMC) from June 15 under UPMRC’s integrated ticketing initiative aimed at enabling seamless travel across transport systems. The rollout comes amid commuter complaints over disruptions in smart card services and shortages of metro cards at several stations. UPMRC said the NCMC-based system will support interoperable payments and reduce dependence on closed-loop metro cards while improving convenience for passengers using public transport networks.Read more

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Lucknow-Sitapur national highway proposed for six-laning; tender process likely by December

26 May 2026

The National Highways Authority of India (NHAI) is planning to widen the Lucknow-Sitapur section of NH-30 from four lanes to six lanes to accommodate rising traffic volumes and improve regional connectivity in Uttar Pradesh. The tendering process for the project is expected to begin by December 2026 after completion of surveys and project planning activities. Officials stated that the highway currently handles more than 40,000 vehicles daily, resulting in traffic congestion and slower movement during peak hours. The widening work is proposed largely within the existing alignment, reducing the need for additional land acquisition.Read more

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LDA plans INR 110 crore redevelopment of ageing Indira Nagar housing complex in Lucknow

Lucknow News Desk

26 May 2026

The Lucknow Development Authority (LDA) is planning to redevelop an old residential complex in Indira Nagar with an estimated investment of INR 110 crore as part of its urban redevelopment strategy in Lucknow. The nearly 40-year-old housing complex has witnessed structural deterioration over the years, prompting the authority to replace the existing low-rise buildings with modern high-rise apartments and upgraded civic infrastructure. The project is expected to improve housing conditions, optimise land use and strengthen infrastructure in one of Lucknow’s most established residential areas. The redevelopment also aligns with LDA’s larger focus on modern housing projects and vertical urban expansion across the city.Read more

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UP RERA tightens rules on project funds, bans assured return schemes for builders

25 May 2026

• UP RERA has barred developers from using homebuyers’ funds in assured return schemes.
• All RERA-registered projects must now operate through three dedicated bank accounts.
• At least 70% of homebuyers’ money will be routed daily into a separate account for construction use.
• Withdrawals will require certification from an architect, engineer, and chartered accountant.
• The regulator aims to strengthen transparency and prevent diversion of project funds.
Read more

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Lucknow municipal corporation to roll out OTS scheme for pending house tax and water dues

Lucknow News Desk

20 May 2026

The Lucknow Municipal Corporation is preparing to introduce a one-time settlement (OTS) scheme to help nearly 25 lakh residents clear long-pending house tax and water dues. The move is aimed at reducing the financial burden on property owners whose liabilities increased due to accumulated interest and revised property assessments over the years. Civic authorities estimate that pending house tax dues have crossed INR 700 crore, while water and sewerage dues stand at around INR 110 crore. The proposed scheme is expected to offer relief through interest waivers and help improve revenue recovery for the civic body.Read more

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Lucknow Development Authority launches e-auction for 149 residential plots across city schemes

Lucknow News Desk

19 May 2026

The Lucknow Development Authority (LDA) has launched an e-auction for 149 residential plots located in Gomti Nagar Extension and Basant Kunj as part of a larger property sale exercise across Lucknow. Nearly 475 properties, including residential, group housing, institutional and commercial assets worth around INR 3,000 crore, have been put up for auction. The online bidding process will remain open till May 28. Plot sizes range from 25 square metres to 300 square metres, while the authority has also included land parcels for group housing projects and institutional development under its proposed Edu City initiative.Read more

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Lucknow Development Authority to launch 900 affordable flats on Sitapur Road

Lucknow News Desk

18 May 2026

• The Lucknow Development Authority (LDA) is planning to develop around 900 affordable flats for EWS and LIG families on Sitapur Road in Lucknow.
• The housing project will come up on nearly 16,000 square metres of land near Shia PG College that was recently cleared of encroachment.
• The scheme is part of LDA’s broader focus on increasing affordable housing supply across developing residential corridors in the city.
• Officials indicated that the project will include basic civic infrastructure, internal connectivity and improved residential facilities for lower and middle-income homebuyers.
• The development is expected to support rising residential demand in northern Lucknow, where infrastructure and housing activity have been steadily growing in recent years.
Read more

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LDA revises payment plan for Atal Nagar housing scheme to improve affordability

Lucknow News Desk

11 May 2026

The Lucknow Development Authority has revised the payment terms for its Atal Nagar housing scheme, aiming to make homes more affordable for buyers. The authority has reduced the interest rate to 7 percent and extended the repayment period to 10 years, easing the financial burden on allottees. Around 630 unsold flats have been reopened for booking, with prices starting from about INR 9.82 lakh. The move is expected to improve demand, especially among low- and middle-income groups, and help clear existing inventory.Read more

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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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