Mumbai, April 30 -- The Lucknow Development Authority (LDA) is finalising plans to develop new residential townships on long-vacant plots in Viraj Khand and Malesemau, aiming to revitalise unused land and meet growing housing demand.
According to LDA Vice-Chairman Prathamesh Kumar, detailed designs and project reports are currently being prepared. The authority expects to finalise the plans and float e-tenders to invite private builders within the next two months. "A final decision will follow after evaluating the project reports," he said.
In Viraj Khand, the LDA proposes constructing a residential complex featuring more than five towers on a 2.5-hectare site near the Bharwara flyover. The development is anticipated to accommodate around 500 residents. The plot adjoins land previously earmarked for an old-age home-a project that was stalled and never materialised.
Meanwhile, at Malesemau, the authority owns approximately 40 acres and is planning to house around 400 residents. While the final project design is still under consideration, officials are reportedly leaning towards building high-rise apartments instead of plotted housing, citing stronger market demand and better financial viability.
The Malesemau site enjoys strategic connectivity via Shaheed Path, providing easy access to key areas of Lucknow-an advantage that officials believe will enhance the project's attractiveness to homebuyers and investors alike.
Drawing from the success of previous high-rise developments in Gomti Nagar Extension, an LDA official expressed confidence that the new projects would deliver strong sales and revenue returns.
The authority is currently weighing whether to execute the developments independently or to partner with private builders under its supervision. The decision will be made following a detailed assessment of layout designs, financial feasibility, and construction modalities.
Sources indicated that the LDA is keen to commence work within the current financial year to optimise land utilisation and generate revenue at the earliest opportunity.
Published by HT Digital Content Services with permission from Construction World.