The Uttar Pradesh cabinet has approved a significant measure for homebuyers in Ansal Sushant Golf City. The Lucknow Development Authority (LDA) will take control of the township, backed by an allocation of ₹2,912 crore in seed capital. This decision aims to address the concerns of thousands of affected residents and ensure the completion of the project.
The decision is expected to benefit around 5,000 homebuyers and pave the way for eligible allottees to receive their houses and plots. The estimated cost of the pending development works is around Rs 2,216.91 crore. Singh said he had met Yogi Adityanath on Aug 21 and raised the concerns of affected homebuyers, seeking a permanent solution.
You Can Also Check: Gold Rate in Lucknow | Silver Rate in Lucknow | Bank Holidays in Lucknow | Public Holidays in Lucknow | Lucknow AQI | Weather in Lucknow | Petrol Price in Lucknow | Diesel Price in Lucknow | CNG Price in Lucknow | LPG Price in Lucknow Stay updated with the latest Lucknow news.
Sarojininagar MLA Rajeshwar Singh thanked the chief minister for the decision and said it would address the long-pending concerns of homebuyers and help protect their rights and life savings. The takeover will be undertaken after approval from the National Company Law Tribunal (NCLT). The takeover is also expected to facilitate completion of stalled infrastructure projects, including roads, drinking water supply, sewerage, drainage, parks, a railway overbridge and power substations. Download the TOI App.