LDA to build housing projects under Light House Project

24 Feb 2022 CW Team

The Lucknow Development Authority (LDA) plans the construction of housing projects on the lines of the Light House Project being constructed at Awadh Vihar Yojana.

Additionally, the affordable housing programme is slightly time-consuming, resilient and cost-effective.

Officials said that LDA had formed a committee that would look for areas under the LDA jurisdiction for developing the Light House Project. Moreover, the Authority will submit a detailed project report (DPR) to the state government.

Chief Engineer of LDA, Indu Shekhar Singh, said that the Authority had formed a committee to identify areas on lines of the Light House Project that are being implemented by the State Urban Development Agency in the Awadh Vihar Yojana.

Earlier, PM Narendra Modi laid the foundation stone for the Light House Project that was being implemented in six metro cities of India, including Lucknow.

The Light House Project includes the construction of 1,040 flats for Rs 131 crore in Avadh Vihar Yojana across a 415 sq ft area.

According to the officials of the Housing Board, the construction cost of each Low Income Group (LIG) flat will be around Rs 12.59 lakh, from which Rs 4 lakh will be given by the government and Rs 1.39 lakh by the state government as a subsidy. The remaining amount is to be paid by the beneficiary in installments.

Also read: LDA to build new township with 6,000 housing units

Real Estate

21 May 2025

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Infrastructure Transport

21 May 2025

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Infrastructure Transport

21 May 2025

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..