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Lucknow development body to give possession to over 2,300 allottees, Real Estate News, ET RealEstate

Lucknow development body to give possession to over 2,300 allottees, Real Estate News, ET RealEstate
LUCKNOW: In big relief to more than 2,300 allottees of its two prominent housing projects, Lucknow Development Authority will now start giving possession to them after they were inaugurated by defence minister Rajnath Singh on Tuesday.

According to LDA officials, around 1,500 lower income group (LIG) flats constructed at Devpur Para near Rajajipuram and 864 middle income group (MIG) flats at Chak Gajaria City will be allotted to the beneficiaries soon.

According to LDA officials, no lottery will be taken out and beneficiaries will be allotted flats under the ‘first come first serve’ basis.

LDA chief engineer Indu Shekhar Singh said 864 flats constructed at Chak Gajaria City have already been allotted to the beneficiaries. Now, the possession process will start as the project was inaugurated on Tuesday, he added.

Similarly, 1.500 LIG flats being constructed at Devpur Para will be ready this month. LDA officials said each flat is of 1,000 square feet and will cost around Rs 30 lakh.

Beautification of ponds: LDA will beautify ponds under its jurisdiction — Yamuna Jheel, Aishbagh, Kala Pahad Jheel and two ponds at Shardanagar. The cost of the project is estimated around Rs 7 crore.


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Written by Realty Beat

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