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Centre no to subsidy for housing projects
Uttar Pradesh government is set to lose its sleep over a missed ‘discount’. In a move which potentially threatens state government’s scheme to provide affordable housing to all, the Union ministry of housing and poverty alleviation has rejected the proposals pertaining to subsidy under the scheme. What has actually made the housing officials here jittery is [...]
Continue reading...LDA on an acquisition spree, sets its eyes on Hardoi Road
3. March 2010
For a change, focus has shifted from Gomtinagar and its extension. With the land bank in the two areas nearing its exhaustion, the Lucknow Development Authority has set its eyes on area around Hardoi Road. In what is acclaimed as a giant leap in the land acquisition and planning process, the authority may get [...]
Continue reading...Circle Rate may be Increased in 12 District of utter pradesh from March 1
22. February 2010
गौतमबुद्धनगर समेत एक दर्जन जिलों में मार्च से जमीन खरीदना और महंगा हो जायेगा। कारण स्पष्ट है कि इन जिलों में जमीनों के सर्किल दरों में वृद्धि की जा रही है। इससे पूर्व अक्टूबर में सर्किल दरें 25 से 30 प्रतिशत बढ़ाई गयी थी। अब संभावना व्यक्त की जा रही है कि 15 से 20 [...]
Continue reading...Commercial property hot once again in UP
21. February 2010
Leaving behind the sluggishness that hit the realty market during the recent economic downturn, the sector is back in full swing in the capital Commercial property in UP of Uttar Pradesh. While demand-based growth in the housing segment continues, it is the commercial property segment which has suddenly become hot. While Hazratganj continues to be the prominent shopping [...]
Continue reading...LDA learns a lesson or two from housewives
20. February 2010
Lucknow: Installation of a solar water heating and rain water harvesting system, proper disposal of garbage and grills in balcony. If you thought, these were suggestions from a professional architect for LDA’s ambitious housing project, River View Apartments scheme, then here is a surprise. The suggestions, which would now be incorporated into the architectural designs, [...]
Continue reading...LDA ropes in mass housing experts for ‘Sulabh’ scheme
19. February 2010
The Ahmedabad based Syntax Constructions would be constructing houses for Lucknow Development Authority (LDA) under its ambitious ‘Sulabh’ housing scheme. On Thursday, the authority entered into an agreement with the company, which has metamorphosed from the one engaged in manufacturing of water tanks into a construction business. The agreement gains significance due to the fact [...]
Continue reading...Ansal API Planning to Set Up an 80-Acre Biotech Park in Lucknow
15. February 2010
Ansal API, the Rs 700-crore real estate firm, is planning to set up an 80-acre biotech park in Lucknow at an investment of close to Rs 1,000 crore. The proposed biotech firm, expected to be launched by year-end, would house around 42 biotech firms and a central processing zone with state-of-the-art facilities including high-tech labs. [...]
Continue reading...For better houses, LDA to seek ideas from homemakers
10. February 2010
Lucknow: Apart from its highprofile architects and contractors, the Lucknow Development Authority (LDA) is ready to invite suggestions from an all new source for its ambitious housing scheme, the River View Front apartments in Gomtinagar extension — wives of allottees. In a unique initiative, the LDA has decided to organise a ‘Grahni Chaupaal’ on February 19, [...]
Continue reading...फिर मिलेगी सर्किल रेट से स्टाम्प ड्यूटी में छूट
21. January 2010
विकास प्राधिकरणों व आवास विकास परिषद के आवंटियों को सर्किल रेट से स्टाम्प ड्यूटी में छूट का एक और मौका मिलेगा। इस बार छूट का मौका सिर्फ 31 मार्च तक रहेगा। 31 मार्च के बाद रजिस्ट्री कराने पर सर्किल रेट से स्टाम्प ड्यूटी लगेगी। गौरतलब है कि प्रमुख सचिव कर एवं निबंधन देश दीपक वर्मा द्वारा [...]
Continue reading...LDA approval for township a tall order?
6. January 2010
Lucknow: It might have constructed the world’s tallest building in Dubai but all is not well for EMAAR-MGF in the state capital. The builder’s two ambitious projects in the city — an integrated township and a Mall — are in a limbo. To begin with, the proposed integrated township on Sultanpur Road finds itself on a [...]
Continue reading...Eldeco Eden Park Residents accuse builder of poor quality work
28. December 2009
A controversy has come to haunt construction major, Eldeco Housing Industries Limited (EHIL), with residents of a colony developed by the builder in the state capital slapping charges of serious anomalies pertaining to construction material and security. Residents of ‘Eden Park’, a colony developed by EHIL on Kursi Road, claimed that the builder compromised with the [...]
Continue reading...Property registration to cost more now
12. December 2009
Lucknow: Getting registration of properties is now going to cost you more. Tuesday onwards, properties of Lucknow Development Authority (LDA) would be registered at the DM circle rates, which are almost 50% higher. Moreover, relaxation in the stamp would also be over thereby, raising the registry rates alarmingly. In fact, one might be shocked to know [...]
Continue reading...Property registration fees Double in UP
21. November 2009
यूपी में प्रॉपर्टी की रजिस्ट्री कराने के दौरान सब रजिस्ट्रार ऑफिस में जो फीस लगती है, वह 1 दिसंबर से दोगुनी हो जाएगी। फिल हाल अधिकतम फीस 5,040 रुपये है, जो 1 दिसंबर से 10 हजार रुपये हो जाएगी। सूत्रों के अनुसार, ढाई लाख रुपये तक की प्रॉपर्टी पर रजिस्ट्री फीस प्रॉपर्टी की कीमत की दो प्रतिशत [...]
Continue reading...LDA does away with possesion letter
16. November 2009
Property Deemed To Be In Applicant’s Possession After Registry Get the property registered and you are done. The Lucknow Development Authority (LDA) has finally given an official nod to doing away with the formality of issuance of a possession letter before the property is handed to an applicant. Instead, the property would be deemed to be [...]
Continue reading...Jaypee Group to form a ‘ring’ around Agra
13. October 2009
8 LANE INNER RING ROAD TO COST RS 1,100 CRORE Agra may no longer be known only for Shahjahan’s masterpiece, Taj Mahal — especially if you drive down to the city in the days to come. The Jaypee Group is ready to add another landmark to it. Having the ambitious Yamuna Expressway under its belt, the [...]
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8. March 2010
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