Curation Team
LUCKNOW: At least 50 residential plots in Basant Kunj Scheme and two major commercial complexes have been listed for e-auction by the Lucknow Development Authority (LDA).
According to LDA officials, 252 square metre plots located in Sector-G near Gau Ghat, adjacent to the Green Corridor, have been put up for auction for the first time. The base rate was fixed at Rs 32,955 per sqm. These plots, with an estimated collective value of Rs 310 crore, were planned in a prime residential area.
Additionally, several high-value properties identified through a land audit were also included. A 2.5-hectare plot near SSB in Gomti Nagar Extension, valued at nearly Rs 100 crore, was selected for e-auction. Commercial and nursing home plots in Vishal Khand, Gomtinagar, measuring 1800 sqm, have also been listed.
Two multi-storey commercial complexes constructed earlier by the authority have been put up for sale. The five-storey Ratan Khand complex (6729.6 sqm) was valued at Rs 87 crore, while the Mansarovar complex (1586.43 sqm) was valued at Rs 15.27 crore.
Both were included in the current auction. Officials have been asked to prepare plans for high-rise residential buildings on LDA-owned land near Balu Adda (4200 sqm) and Bhadeva in Aishbagh (5000 sqm), which were identified through the same land audit process.
