Lucknow Development Authority
Lucknow: LDA board approved a revised budget of Rs 10,185.52 crore for 2026-27, up from the original Rs 9,186.87 crore. The authority had spent Rs 9,210.51 crore by Oct. LDA has earmarked Rs 5,585.55 crore for construction, development, land acquisition and compensation during the current financial year. It also approved a budget of Rs 3,570.54 crore for the first quarter of 2027-28, including Rs 1,900 crore for these works. The authority has set a revenue target of Rs 1,000 crore through lotteries for residential plots. It had earned Rs 594.13 crore from commercial plot auctions against the original target of Rs 230 crore. Revenue from flat sales stood at Rs 562.88 crore against the target of Rs 252 crore. LDA collected Rs 1,427.57 crore from registration of buildings, plots and shops against the target of Rs 1,200 crore. Land acquisition has been allocated Rs 3,500 crore for the current year, of which Rs 2,027.89 crore had been spent by October. The revised budget provides Rs 1,404.35 crore for development works and Rs 331.55 crore for construction.
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