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

LDA plans 5,610-acre industrial township near Lucknow along Agra Expressway

17 Jul 2025

The Lucknow Development Authority (LDA) has initiated plans to set up a massive 5,610-acre industrial township along the Agra Expressway, spanning areas in Sadar and Sarojininagar tehsils. The township is expected to house over 200,000 residents and create employment in industrial, healthcare, logistics, and education sectors. Officials held discussions with stakeholders from 12 villages regarding land acquisition, infrastructure expectations, and land record corrections. This project is part of the state's broader efforts to develop high-growth corridors through strategic infrastructure investments, including expressways, link roads, and industrial corridors aimed at propelling Uttar Pradesh towards its USD 1 trillion economic target.Read more

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New LDA e-auction offers homes and business spaces in top Lucknow localities

16 Jul 2025

The Lucknow Development Authority (LDA) has launched an e-auction of 50 residential plots and two multi-storey commercial complexes, with a combined estimated value of INR 310 crore. The residential plots, located in Sector G of the Basant Kunj Scheme near Gau Ghat and the Green Corridor, measure 252 sqm each and are priced at a reserve rate of INR 32,955 per sqm. The auction also includes a 2.5-hectare land parcel in Gomti Nagar Extension, a 1,800 sqm commercial-cum-nursing-home plot in Vishal Khand, and two ready-built complexes in Ratan Khand and Mansarovar. These offerings were identified through a recent land audit.Read more

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Lucknow: LDA enhances civic amenities in Gomtinagar extension with INR 40 crore investment

14 Jul 2025

The Lucknow Development Authority (LDA) has transferred maintenance of four sectors in Gomtinagar Extension to the Lucknow Municipal Corporation (LMC), providing INR 40 crore for civic amenities. This investment targets drinking water and sewerage upgrades, including extending water pipelines and sewer lines, installing new tubewells, and repairing existing infrastructure. The move, initiated by the LDA vice-chairperson, aims to improve services for residents. The Jal Kal Department will execute the work, which also involves cleaning sewer lines and repairing manholes, signaling efforts to enhance urban infrastructure in Lucknow.Read more

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LDA to open online plot registrations for Anant Nagar Phase 2 from July 11

10 Jul 2025

The Lucknow Development Authority (LDA) will begin online registrations on July 11 for 332 residential plots under the Anant Nagar Scheme. This second phase of the 785-acre eco-friendly township will offer plots from 112.5 to 450 sqm and will be allocated through a lottery system. The scheme includes housing for Economically Weaker Sections (EWS) and Low-Income Groups (LIG), with 5,000 units, and 3,000 PMAY homes. Featuring an Edutech City and zero-liquid-discharge systems, the project aims to house over 25,000 people, following a strong response to its first phase.Read more

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Lucknow: LDA mandates safety audits for 276 high-rises after structural failures

09 Jul 2025

The Lucknow Development Authority (LDA) has mandated structural safety audits for 276 high-rises in the city, responding to recent building collapses. The directive covers both LDA-owned and private properties, aged 5 to 40 years. New regulations require audits every five years for buildings over 15 meters tall. Early audits by IIT Kanpur have already revealed safety concerns in several structures, including the Nanda Kheda Complex and Amritlal Naagar Auditorium. The move aims to prevent future tragedies and ensure public safety in Lucknow's urban landscape.Read more

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Lucknow Development Authority launches e-auction for 300+ plots across city hotspots

07 Jul 2025

The Lucknow Development Authority (LDA) has opened its e-auction platform for over 300 residential and commercial plots across prime locations such as Gomtinagar, Basant Kunj, and Rae Bareli Road. The bidding process allows a month-long registration window, with live auctions scheduled shortly. This follows LDA's earlier efforts to dispose of unsold commercial inventories and recover significant outstanding dues from defaulters. The auction is part of a larger urban development push, with LDA adopting innovative revenue recovery and land monetisation strategies that have already shown strong results in previous property auctions conducted this year.Read more

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LDA holds property prices steady even as circle rates rise across Lucknow

06 Jul 2025

As Lucknow gears up for a significant revision in DM circle rates the first in nearly a decade the Lucknow Development Authority (LDA) has opted to maintain existing property prices for its flats and plots. This move ensures that upcoming schemes such as Anant Nagar and ongoing allotments under the first-come-first-served policy remain unaffected by the hike. With circle rates rising by 15-25% in several localities, LDA's decision provides immediate relief to homebuyers, shielding them from increased registration costs and making government housing a more attractive option amid surging land values.Read more

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Lucknow property prices set to rise as district plans up to 25% hike in circle rates

04 Jul 2025

Property transactions in Lucknow are about to get costlier as the district administration has proposed a substantial revision in circle rates base rates used to determine property registration value. While the average increase is pegged at 15%, certain high-demand urban areas could see hikes of up to 25%. Rates for multi-storey construction and commercial land are also being revised upward, with a clear aim to align them more closely with market realities. The proposed hike is currently open for public feedback and, once finalized, will come into effect from the beginning of August. The last revision in circle rates was done nearly a decade ago.Read more

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Lucknow sees strong house tax compliance in first quarter with over 3 lakh payments

03 Jul 2025

Lucknow Municipal Corporation (LMC) reported that more than 3 lakh homeowners cleared their house tax dues during the April-June quarter, boosting collections to INR 202.4 crore. A 10% rebate on online payments spurred this trend, though around 4.33 lakh properties remain unregistered. The rebate period has shifted now covering both house tax and user charges paid online until the end of this month. With persistently high defaulter numbers, LMC is tightening recovery efforts employing interest penalties and potential account actions. These efforts build on recent reforms like GIS surveys and weekend tax collection aimed at improving compliance.Read more

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Lucknow PMAY housing lottery sparks protest over full payment preference

29 Jun 2025

A PMAY housing lottery in Lucknow sparked protests after the UP Housing and Development Board gave preference to applicants able to pay the full amount upfront, sidelining those opting for installment payments. Of the 744 units in the draw, most were reissued homes from previous allotments where full payment had caused dropouts. Many low-income applicants, particularly for INR 5 lakh units, felt misled as the payment clause was not clearly highlighted. This marks the first time such a preference has been applied. An inquiry has been launched, with officials reviewing communication gaps. The move has raised broader concerns about equitable access to affordable housing.Read more

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LDA's new model gives farmers a fair share in Lucknow's real estate rise

27 Jun 2025

Farmers giving land for Lucknow's IT City along Sultanpur Road are set to gain nearly 10 times more than traditional land acquisition offers, thanks to a voluntary land pooling model. Instead of cash, they receive a share in developed or undeveloped land, allowing them to benefit from future value growth. So far, over 350 bighas have been pooled. Spread across 2,858 acres, the project includes residential, industrial, commercial, and green zones. Improved road connectivity and strict development oversight by the LDA add to its appeal. Inspired by Pune's Magarpatta model, this approach promotes farmer-inclusive urbanisation with long-term benefits for landowners.Read more

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Lucknow gets new IT, residential, and commercial zones near Sultanpur Road

24 Jun 2025

The Lucknow Development Authority (LDA) is developing 10 high-tech sectors across 2,858 acres near Sultanpur Road and Kisan Path, with designated zones for IT parks, housing, commercial hubs, civic spaces, and institutions. An additional 188 acres are allocated for a Central Park and golf course. The layout features a grid-road system and eco-friendly planning, including rainwater harvesting and green-building standards. Public transport will be supported with dedicated bus, cycling, and pedestrian lanes. LDA's land-pooling scheme has secured 186 acres from 39 landowners, enabling plans for 5,000 residential plots and extensive industrial and commercial development, all aimed at job creation and regional growth.Read more

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LDA launches Udyog Nagar and Naimish Nagar housing projects in Lucknow

06 Jun 2025

The Lucknow Development Authority (LDA) has launched two major housing projects-Udyog Nagar and Naimish Nagar-targeting the city's growing demand for affordable, well-planned residences. Udyog Nagar is envisioned as a modern township with green spaces, strong connectivity to commercial hubs, and integrated urban amenities. Naimish Nagar will offer varied housing options catering to diverse income groups, with an emphasis on affordability and quality. Both projects will be developed in phases, employing sustainable construction technologies aligned with national urban housing policies. Building on its successful track record of housing schemes for low- to middle-income groups, the LDA aims to further bridge the housing gap. The new townships will also feature recreational areas, schools, and healthcare facilities, contributing to community welfare. As Lucknow's infrastructure rapidly evolves, these projects are expected to drive residential growth and ease market demand.Read more

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LDA to hold lottery for 334 plots in Anant Nagar Scheme on June 10

05 Jun 2025

The Lucknow Development Authority (LDA) will conduct a lottery on June 10 to allot 334 residential plots in the Anant Nagar Scheme at Indira Gandhi Pratishthan. Over 13,000 applicants registered online for the scheme. Spread across 785 acres on Mohan Road, Anant Nagar will eventually host 2,100 residential plots, 120 commercial plots, and 60 group housing plots, with 5,000 units reserved for EWS and LIG segments under Pradhan Mantri Awas Yojana. The township will feature a 100-acre Edutech City, 130 acres of green spaces, underground power cables, a grid road network, and a zero-liquid discharge system. The road connecting to Kisan Path will be widened to 24 metres to improve access. Land acquisition and compensation efforts are underway. Anant Nagar reflects Lucknow's push for sustainable, affordable urban housing and modern infrastructure.Read more

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IHG expands India portfolio with 110-key Crowne Plaza Lucknow

03 Jun 2025

IHG Hotels & Resorts marked a key milestone earlier this week with the opening of its 50th operational hotel in India Crowne Plaza Lucknow, comprising 110 keys. The hospitality giant reaffirmed its commitment to the Indian market by announcing a robust pipeline of nearly 70 hotels slated for launch over the next two to three years. Meanwhile, Indian Hotels Company Ltd (IHCL) entered into an agreement for a 101-key Gateway-branded hotel in Nathdwara, Rajasthan. The move supports IHCL's strategy to strengthen its presence in religious and cultural destinations across India.Read more

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LDA announces INR 3,300 crore development projects to transform Lucknow's Gomti Nagar Extension

22 May 2025

The Lucknow Development Authority (LDA) is poised to launch two major projects in Gomti Nagar Extension, with a total investment of INR 3,300 crore. The first project, River View Apartments, will develop 51 acres of residential land featuring a range of flats, penthouses, and affordable housing for Economically Weaker Sections (EWS) and Lower Income Groups (LIG), all overlooking the Gomti River. The second project involves a hotel-cum-commercial complex on 5.5 acres, designed under a Public-Private Partnership (PPP) model. Together, these developments are expected to significantly upgrade Lucknow's urban infrastructure and lifestyle offerings, further boosting the city's appeal as a modern residential and commercial hub.Read more

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Lucknow high-rises face mandatory audits under new LDA safety rules

13 May 2025

The Lucknow Development Authority (LDA) has launched mandatory safety and structural audits for high-rise buildings over 15 metres tall and more than five years old, following the 2023 Harmilap Tower collapse that claimed eight lives. As per new bylaws, owners must conduct audits every five years through LDA-approved firms and rectify any deficiencies within a set timeframe to avoid penalties. The audits cover structural risks, life safety, and fire protocols. Public input, including 1,100 suggestions, is shaping ongoing reforms-such as a proposed increase in road width requirements. The initiative underscores LDA's commitment to urban safety, accountability, and responsive governance.Read more

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Lucknow: LDA to launch registrations for 2,502 affordable flats under Vishram Nagar Scheme

12 May 2025

The Lucknow Development Authority (LDA) is preparing to initiate the registration process for 2,502 residential flats under the Vishram Nagar Housing Scheme in Devpur Para, Kabir Nagar. The project, which targets households from the Middle-Middle Income Group (MMIG), Low-Income Group (LIG), and Economically Weaker Section (EWS), provides a range of unit sizes in addition to extensive infrastructure and community facilities. With groundwork nearing completion, the authority has directed officials to finish all civil, electrical, and infrastructural tasks within this month. Registrations are expected to commence next month.Read more

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06 May 2025

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Ansal Properties faces 5 more FIRs in Lucknow over INR 5.78 crore real estate fraud

30 Apr 2025

Ansal Properties and Infrastructure Ltd (API) is facing a growing legal battle in Lucknow, with five new FIRs filed for allegedly defrauding customers of INR 5.78 crore. These cases involve the sale of government land using forged documents, with some buyers having paid large sums for properties that were never delivered. This brings the total number of ongoing investigations in Lucknow to approximately 70. Authorities have initiated further action, including an inquiry by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA) and concerns raised by the Lucknow Development Authority over the company's failure to develop promised infrastructure.Read more

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