LDA To Launch Rs 33 Billion Projects in Lucknow
ECONOMY & POLICY

LDA To Launch Rs 33 Billion Projects in Lucknow

The Lucknow Development Authority (LDA) is set to roll out two major development projects in Gomti Nagar Extension, with a combined investment of Rs 33 billion. Aimed at reshaping the city’s urban infrastructure, these initiatives include a premium residential project and a landmark commercial development.

The flagship residential project, River View Apartments, will be constructed over 51 acres in Maleshemau village, behind the Uttar Pradesh Police Headquarters near Shaheed Path. With an estimated investment of Rs 25 billion, the development will offer a range of 1BHK to 4BHK flats, penthouses, and dedicated units for Economically Weaker Sections (EWS) and Lower Income Groups (LIG). Residents will enjoy scenic views of the Gomti River and premium amenities including swimming pools, gyms, clubs, and yoga centres. Designed in three clusters with a floor area ratio (FAR) of 5, the project will encourage multiple developers to participate in building high-rise towers.

Simultaneously, a Rs 8 billion hotel-cum-commercial complex will be developed on a 5.5-acre plot at 1090 Crossing. This Public-Private Partnership (PPP) venture will feature a hotel, office spaces, and retail outlets, with a strong emphasis on iconic architecture. The completed commercial spaces will be leased for 90 years with options for extension.

Supporting these projects, the LDA is also working on surrounding infrastructure improvements, including a green corridor, a cloverleaf interchange at Shaheed Path and Sultanpur Road, a masterplan road, and a ‘flower valley’ landscaping initiative.

Requests for Proposals (RFPs) for both projects will be issued soon, with developers selected via competitive bidding. Construction is expected to be completed within three years of contract signing. These projects mark a strategic effort by the LDA to enhance liveability and economic dynamism in Lucknow, transforming Gomti Nagar Extension into a model urban hub.

The Lucknow Development Authority (LDA) is set to roll out two major development projects in Gomti Nagar Extension, with a combined investment of Rs 33 billion. Aimed at reshaping the city’s urban infrastructure, these initiatives include a premium residential project and a landmark commercial development.The flagship residential project, River View Apartments, will be constructed over 51 acres in Maleshemau village, behind the Uttar Pradesh Police Headquarters near Shaheed Path. With an estimated investment of Rs 25 billion, the development will offer a range of 1BHK to 4BHK flats, penthouses, and dedicated units for Economically Weaker Sections (EWS) and Lower Income Groups (LIG). Residents will enjoy scenic views of the Gomti River and premium amenities including swimming pools, gyms, clubs, and yoga centres. Designed in three clusters with a floor area ratio (FAR) of 5, the project will encourage multiple developers to participate in building high-rise towers.Simultaneously, a Rs 8 billion hotel-cum-commercial complex will be developed on a 5.5-acre plot at 1090 Crossing. This Public-Private Partnership (PPP) venture will feature a hotel, office spaces, and retail outlets, with a strong emphasis on iconic architecture. The completed commercial spaces will be leased for 90 years with options for extension.Supporting these projects, the LDA is also working on surrounding infrastructure improvements, including a green corridor, a cloverleaf interchange at Shaheed Path and Sultanpur Road, a masterplan road, and a ‘flower valley’ landscaping initiative.Requests for Proposals (RFPs) for both projects will be issued soon, with developers selected via competitive bidding. Construction is expected to be completed within three years of contract signing. These projects mark a strategic effort by the LDA to enhance liveability and economic dynamism in Lucknow, transforming Gomti Nagar Extension into a model urban hub.

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