LUCKNOW, Dec. 6 -- The Lucknow Development Authority (LDA) has formally scrapped 'Second Innings Home', a long-pending housing scheme for senior citizens in Viraj Khand-1, Gomti Nagar, which had struggled for years to attract private developers.
The decision comes a month after the authority made a last-ditch effort to revive the project through re-tendering and consultations, but received no concrete bids. A group housing project will now be developed on the same land. The proposal was approved at the LDA Board meeting held on Friday, additional secretary Gyanendra Verma confirmed.
Officials said the LDA Board approved the cancellation as the project, modelled under the PPP framework, had become unfeasible. Despite repeated tender invi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.