LDA Sells Plots Worth Rs.6.75 Bn

02 Feb 2024 CW Team

In a recent auction conducted by the Lucknow Development Authority (LDA), plots worth over ?6.75 billion were successfully sold. The substantial earnings from the sale of these plots contribute to the LDA's financial resources for urban development and civic initiatives, marking a significant financial boost.

The auction attracted considerable attention and active participation from buyers, highlighting the demand for real estate in Lucknow. The successful sale of the plots signifies not only the economic vibrancy of the region but also the strategic utilisation of land assets by the LDA.

The funds generated through the plot sales are expected to be directed towards various urban development projects, infrastructure enhancements, and the overall betterment of civic amenities in Lucknow. This aligns with the city's ongoing efforts to transform and modernise, meeting the evolving needs of its residents.

Lucknow's real estate market continues to demonstrate strength, with such auctions providing a platform for both developers and investors to engage in valuable transactions. The LDA's ability to effectively manage and leverage its land assets underscores the organisation's role in fostering urban growth and supporting the city's progress.

As Lucknow moves forward with its urban development agenda, the revenue generated from successful auctions becomes a crucial component in driving positive changes and ensuring sustainable growth in the city.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..