Lucknow Metro project gets central aid worth Rs 250 crore
January 4, 2017

The Urban Development Ministry has released funds worth Rs 250 crore for the Lucknow Metro project, taking the total central assistance to Rs 550 crore. The project is a joint venture between the state and central governments, and the latter had contributed Rs 300 crore earlier this year. The 23 km long metro corridor involves an estimated cost of Rs 6,928 crore, of which the Centre shall provide Rs 1,003 crore as equity, Rs 3,500… Read More

Centre allots Rs 160 crore to Uttar Pradesh for urban housing
December 25, 2016

Central government has allotted Rs 160 crore to Uttar Pradesh for its proposal to construct 11,286 houses in 34 towns for its urban poor. The selected towns include Barwar, Maholi, Pali, Ranipur, Suriyawan, Sikandra, and Chughuli. The proposal has been approved by the Ministry of Housing and Urban Poverty Alleviation (HUPA) The central assistance for the programme will be more than half of the Rs 384 crore estimated to be involved in the construction of… Read More

Lucknow Development Authority lowers land conversion charges
December 25, 2016

Lucknow Development Authority (LDA) has eased the way for residential property holders to get their land usage converted to commercial. The civic body has announced that conversion charges, which used to be based on circle rates, will now be calculated as per LDA sector rates. This decision will considerably reduce conversion charges in the city and the new rates are anticipated to be about 30-40 percent below circle rates. This can be beneficial to the… Read More

Lucknow Municipal Corporation proposes 4 housing projects
December 21, 2016

Following in the footsteps of the Uttar Pradesh Housing and Development Board and the Lucknow Development Authority (LDA), the Lucknow Municipal Corporation (LMC) has also decided to develop real estate. LMC has proposed four housing projects in the city with a total of 1,800 units. Proposed to be developed at Hardoi Road and Shaheed Path, the projects are estimated to be ready by 2019. The foundation of these projects will soon be laid by Azam… Read More

Agra-Lucknow Expressway inaugurated
November 23, 2016

The ambitious Agra-Lucknow Expressway has recently been inaugurated. Stretching 302 km, Agra-Lucknow Expressway is the longest in the country. The project was executed by Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) in a record time of 23 months and involved a cost of Rs 13,200 crore. The six-lane expressway connects Agra and Lucknow, reducing the travel time between the two cities to just three hours from the seven hours it took earlier. The expressway has… Read More

RERA rules rolled out in Uttar Pradesh
November 2, 2016

Uttar Pradesh (UP) government has finally rolled out Uttar Pradesh (Regulation & Development) Rules, 2016, which is a significant step towards a more transparent real estate market in the state. This step comes in the wake of the Centre finalising the rules for the landmark Real Estate (Regulation & Development) Act, 2016. The UP rules have defined ongoing projects as those real estate projects where development is going on and which have not been issued completion… Read More

Lucknow Master Plan 2031 suggests increased urbanisation
October 26, 2016

The final version of Lucknow’s Master Plan 2031, which will soon be presented in front of the Lucknow Development Authority (LDA) Board, suggests increased urbanisation for the city. The proposed plan envisages urbanising more than 70 per cent of Lucknow in attempt to develop a more vibrant city. Currently, only 40 per cent of Lucknow is urban. The Authority intends to extend its current jurisdiction of 450 sq km to over 1,050 sq km through… Read More

Uttar Pradesh shines in the list of AMRUT cities
October 5, 2016

Central government has applauded Uttar Pradesh (UP) for being among the best states in implementing the reforms under Atal Mission for Urban Rejuvenation and Transformation (AMRUT). UP was joined by 23 other states and was selected through an exhaustive screening process on the basis of an 15 point scale, shared Urban Development Secretary Sri Prakash Singh. Centre announced that over Rs 60 crores have been allocated to UP for achieving the mandated reforms milestone for… Read More

Lucknow Authority announces settlement scheme for defaulters
September 29, 2016

Providing relief to around 5,000 homebuyers, the Lucknow Development Authority (LDA) has come up with a one-time settlement (OTS) scheme. As per the scheme, people who did not make their full property payments before the deadline and were required to pay a late fee at a high rate of interest, are eligible to avail relief in the interest. This move will help around 5,000 people who can now seek possession of their projects. The 3,000… Read More

Kanpur-Lucknow Expressway worth Rs 1,500 crore announced
September 16, 2016

Uttar Pradesh will soon get an expressway linking Kanpur and Lucknow, shared Nitin Gadkari, Union Minister for Road Transport and Highways. The plan is to build an eight-lane access controlled elevated expressway between the two cities at an estimated cost of Rs 1,500 crore. The new route will help cut down the travel time between Lucknow and Kanpur to a mere 35-40 minutes. The Kanpur-Lucknow Expressway is a part of Rs two lakh crore worth… Read More

ASSOCHAM suggests process digitization for UP government
September 3, 2016

According to the Associated Chambers of Commerce & Industry of India (ASSOCHAM), in order to improve ease of doing business in Uttar Pradesh (UP), the state government needs to implement process digitization. This will reduce the dependency on government bodies and will help curb corruption. The report titled ‘Ease of doing business in Uttar Pradesh’ jointly prepared by ASSOCHAM and Thought Arbitrage Research Institute (TARI) shared that the state should conduct primary research for quantifying… Read More

Lucknow-Sultanpur four-laning project cancelled
July 26, 2016

The four-laning work on the Lucknow-Sultanpur stretch on National Highway (NH) 56 has been cancelled due to lack of financial closure and the Uttar Pradesh government not signing the support agreement. Meanwhile, Pon Radhakrishnan, Minister of State for Road Transport & Highways, shared that the National Highways Authority of India (NHAI) has re-invited the bids for the four-laning project. He also shared that the work on NH 56 has been divided into two parts and… Read More

Netherlands to help upgrade Uttar Pradesh
July 17, 2016

The state government of Uttar Pradesh has signed a Memorandum of Understanding (MoU) with the Netherlands to secure its support in projects such as solid waste management and cleaning of water bodies. The MoU was signed by Alphonsus Stoelinga, the ambassador of the Netherlands, and Deepak Singhal, Chief Secretary, Uttar Pradesh government, in the presence of Akhilesh Yadav, the Chief Minister of Uttar Pradesh. This move is aimed at enhancing urban infrastructure and development in… Read More

Greenfield Expressway proposed to improve road connectivity in Uttar Pradesh
June 23, 2016

Uttar Pradesh government has put forward a proposal for the Union government to build a Greenfield Expressway in the state which will connect Jhansi and Shravasti. In the letter to Dr Arvind Pangariya, Vice Chairman, NITI Ayog, Chief Minister Akhilesh Yadav asked for expanding all the state highways to four lanes and sought help from the Centre for constructing good quality roads to connect all the district headquarters. Yadav shared that the state government is… Read More

Agra prepares final Smart City proposal
June 23, 2016

The Agra Municipal Corporation (AMC), along with CRISIL risk and infrastructure solution’s help, has prepared its final  Smart City proposal for the second round of the Smart Cities Mission. The proposal worth Rs 2,235 crore was recently presented to the citizens at the Sur Sadan Auditorium. Commenting on this, Indravikram Singh, Municipal Commissioner, AMC, shared that out of the available fund, about 78 per cent will be allocated for area-based development The remaining 22 per cent will be used for pan-city development projects. The vision of the proposal is to… Read More

4,000 allottees to be compensated for delayed possession in Lucknow
June 22, 2016

The Lucknow Development Authority (LDA) has announced that the allottees who had paid their dues but have not received the possession of their flats will be duly compensated. The Board has offered to return the allottees money back along with 12 per cent interest. The allottess have also been given the option to opt for an alternative property if they do not want to claim their refund. The news has brought relief to about 4,000… Read More

Minimum land requirement for flats reduced in Lucknow
June 20, 2016

The Lucknow Development Authority (LDA) has reduced the minimum plot area required for constructing flats from 2,000 sq m to 300 sq m. This decision is aimed at allowing the LDA to regularise the residential buildings coming up across the city which do not follow building norms. The LDA has been trying to get this policy approved for the last few years in order to increase the housing stock for people. Once the technical details… Read More

Varanasi smart city project gets support from BHU, SSU, MGKV
June 13, 2016

The Varanasi smart city project received a major push after Banaras Hindu University (BHU), Sampurananand Sanskrit University (SSU) and Mahatma Gandhi Kashi Vidyapith (MGKV) signed a memorandum of understanding (MoU) with Varanasi Municipal Corporation to provide technical expertise and impart knowledge. The event took place in the presence of Mayor Ramgopal Mohley, GC Tripathi (Vice-Chancellor, BHU), Yadunath Prasad Dubey (SSU) and PrithvishNag (MGKV). Commenting on this, Mohley shared that these universities will not only provide… Read More

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