RLDA, Real Estate News, ET RealEstate

NEW DELHI: The Gomti Nagar Railway Station, which is being reconstructed by the Rail Land Development Authority (RLDA), will soon be a reality as its design has been approved by the Indian Institute of Technology-Delhi (IIT-Delhi) with RERA registration. The RLDA is working on the reconstruction of the Gomti Nagar Railway Station in Lucknow in […]

NBCC to raise Rs 300 crore from auction of 4.5 lakh sq ft commercial space in Lucknow, Real Estate News, ET RealEstate

NEW DELHI: State-run NBCC (India) Ltd is expected to raise Rs300 crore from a proposed auction of 453,000 sq ft of commercial space to support the redevelopment of Gomti Nagar Railway Station in Lucknow. The project will also offer residential development of 8.5 acre, which will be leased out by Rail Land Development Authority (RLDA). […]

Snag in online property registration, flat buyers hassled in Noida, Real Estate News, ET RealEstate

NOIDA: After waiting for three-and-a-half years, Pooja Jaiswal, a resident of Delhi, was looking forward to moving into her new flat in a Sector 50 apartment. She arranged for the funds and paid the flat owner. She attempted to get her flat registered on October 19 since she wanted to do the transaction during Navratri. […]

Home buyers in Uttar Pradesh can avail OTS offer till December, Real Estate News, ET RealEstate

LUCKNOW: In another relief to pandemic hit home buyers in the state, the state government has decided to extend the one time settlement (OTS) scheme for allottees till December 31. The scheme had come to an end on Wednesday. The development gains significance as it comes amid soaring numbers of house allottees defaulting on payments […]

RWAs warn of stir over delay in repairs by Lucknow development body, Real Estate News, ET RealEstate

LUCKNOW: Residents Welfare Associations (RWAs) of eight apartments in Gomtinagar and Gomtinagar Extension have warned of a protest if Lucknow Development Authority doesn’t release their corpus funds to carry out maintenance works pending for three years. At the time of registration of flats, LDA took Rs 10,000-12,000 from each allottee as part of corpus funds. […]

Deadline for PMAY house registration extended to October 31, Real Estate News, ET RealEstate

LUCKNOW: Lucknow Development Authority has extended the last date of registration of flats under the Pradhan Mantri Awas Yojna (PMAY) from September 30 to October 31. According to LDA officials, the decision has been taken because of low number of registrations (only 976) until now owing to the Covid-19 pandemic. Under the scheme, 4,512 flats […]

Allottees want refund as Lucknow civic body delays housing project for two years, Real Estate News, ET RealEstate

LUCKNOW: Allottees of a housing project proposed at Aurangabad Khalana in Sarojininagar have run out of patience and decided not to wait for their units as the Lucknow Municipal Corporation is yet to start the construction work even two years after the launch. Those who had paid a hefty registration fee and first instalment now […]

Lucknow development body to build rental flats for outstation students, Real Estate News, ET RealEstate

LUCKNOW: Lucknow Development Authority (LDA), which till now used to build and sell housing units, will soon also develop rental apartments on public private partnership (PPP) basis. The first such 13-storey apartment block will come up in Aishbagh for which LDA has identified over 10,400 square metres of land. Officials said that each flat will […]

Uttar Pradesh government approves Lucknow civic body’s plan to construct 100 MIG flats, Real Estate News, ET RealEstate

LUCKNOW: LMC will soon start the construction of housing apartments and commercial buildings on its vacant land, with the project receiving green signal from the state government. Additional municipal commissioner, Amit Kumar said, “The state government has approved LMC’s proposal to build and sell apartments as well as commercial units. It will help the corporation […]

No fine on late EMIs from March-August for Uttar Pradesh government houses, Real Estate News, ET RealEstate

LUCKNOW: In a relief to home buyers hit by the coronavirus pandemic, the state government has decided not to impose any penalty on delayed payment of instalments for the period between March 1 and August 31. Besides, the government has also advised the development authorities and the housing board to charge simple interest for this […]

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