4,000 Lucknow development body's tenants to get ownership

                Lucknow: The Lucknow Development Authority 
board meeting on Tuesday brought relief to 
over 4,000 allottees of the city who haven't got 
possession of their properties (plots/flats) 
despite full payment on time. LDA board has 
asked allottees to either take back their money 
from LDA with 12% interest rate for the number 
of years they have waited for possession, 
or they could opt for other property of their 
choice from LDA's schemes.

LDA vice chairman Satyendra Singh Yadav 
said, "People who have made full payment 
against the property should not feel cheated as 
resolving their grievances is our priority." There 
are many who have even paid their registration 
amount and other dues but could not get the 
possession for various reasons like farmers' 
dispute, legal issues or delay in development.
Singh said LDA was offering double the 
interest rate what banks give so that the these 
allottees could be adequately compensated. 
"These allottees can even opt for an alternative 
property of their choice and we will give it them 
out of turn (without lottery)," he 
asserted.PLANS FOR THE PROJECTS
Decisions on LDA schemes:

Gomtinagar Yojna: LDA's most coveted 
scheme of Gomtinagar and its extension faced 
land disputes and farmers' protest, hence 
hindering development of the project and delay 
in 
possession. LDA estimates that more than 750 
allottees paid full amount to the authority but 
did not get possession. Around 200 persons 
even paid off registration amount but failed to 
get possession. LDA is planning to give these 
allottees priority and allocate them housing 
unit/ plot in area of their choice.

Vasantkunj Yojna: LDA allotted plots in the 
scheme to about 2,500 individuals 15 years 
ago. They paid full amount to the LDA but 
couldn't get registrations done on time as LDA 
couldn't acquire all proposed land from 
farmers and certain patches remained 
disputed for long. The scheme is planned on 
about 250 hectares, of which 60 hectares was 
earmarked 
for developing community services and 
medical facilities. LDA has decided to use this 
60 hectare land for providing plots to the 
aggrieved allottees and build facilities at a 
certain 
distance in the same scheme. LDA said they 
will put up camps in the area to provide 
registrations to the allottees conveniently.
Prabandh Nagar Yojna: Using an innovative 
method, LDA has decided to take land from 
farmers in Prabandh Nagar Yojna, near IIM 
Lucknow through 'land-pooling' instead of 
acquiring it from them. This scheme sprawls 
over 1,885 acres, of which about 800 acres is 
reserved as green-belt. LDA said it was difficult 
to acquire a huge portion of land from 
farmers so it proposed to take land from them 
through land-pooling which implies that LDA 
will develop land, provide facilities like 
sewerage, drainage, roads etc and then give 
50% of 
it to the farmer/landlord for his use and keep 
half for developing housing projects. LDA has 
announced plan to develop housing units on 
about 500 acres land in Prabandh Nagar 
Yojna.


Source : Times of India