Today: Jul 01, 2025

Clear Dues or Lose Property, ET RealEstate

1 min read
6 hours ago


LUCKNOW: The Lucknow Development Authority (LDA) has warned 100 flat and plot allottees to clear long-pending dues or face cancellation of property allocations.

The LDA has compiled a final list of such defaulters. If they do not clear their dues, their registration fees will be forfeited and their allotments cancelled.

Many of these individuals were allotted flats nearly 27 years ago but never paid the full amount or took possession. Their total outstanding dues amount to about Rs 100 crore. Notices have been issued, and if payments are not made, the LDA will cancel their allotments.

According to LDA official Devansh Trivedi, the schemes with the highest number of defaulters are in Gomtinagar Extension, Kursi Road, Kanpur Road, and Sitapur Road. VC Prathamesh Kumar found most defaulters belong to affordable housing schemes.

  • Published On Jun 30, 2025 at 06:30 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETRealty industry right on your smartphone!






Source link