Sarfarazganj, Lucknow

India is preparing to initiate bidding for two major PM MITRA textile parks, one in Lucknow, Uttar Pradesh, and another in Vansi, Gujarat. These parks, covering approximately 1,000 acres in Lucknow, are expected to attract around Rs 10,000 crore each in investment, create numerous jobs, and boost the textile industry.

Construction for the second phase of the Lucknow Metro, an East-West Corridor from Charbagh to Vasant Kunj, is set to begin soon. The project, estimated at ₹5,800 crore, will feature 12 new stations, seven underground and five elevated. This expansion is expected to significantly enhance connectivity across the city.

The Lucknow Development Authority (LDA) has approved 15 major development proposals, collectively valued at approximately ₹2,500 crore. Among these is a new integrated township in Amausi, near the airport corridor, aimed at planned urban expansion. These approvals, covering residential, commercial, and institutional projects, are expected to boost housing supply

The 63-km Lucknow-Kanpur Expressway is nearing completion and is expected to be operational by February 2026. This project, built at a cost of Rs 4,700 crore, will reduce travel time between Lucknow's Amausi area and Kanpur to just 40 minutes. The expressway is anticipated to strengthen daily commuting and industrial movement between the two cities.

LDA has approved proposals for seven new private townships and four major residential schemes, set to be launched in 2026. These developments, spread over 385 acres, are expected to attract ₹10,000 crore in investment and create thousands of jobs, particularly in Mohanlalganj and Sarojininagar tehsils. Additionally, 1,100 EWS homes will be built in Sharda Nagar .

Uttar Pradesh's extensive expressway network, involving an investment of Rs 50,000 crore for 2,650 km, is significantly impacting Lucknow's real estate market by reducing travel times and integrating the city into a wider regional grid. This development is driving sustained demand for organized, plotted developments and integrated townships.

The Lucknow Municipal Corporation (LMC) has approved a budget of ₹4,692 crore for the financial year 2026-27. The budget also includes ₹271 crore for road construction and repairs and plans to develop vacant land through a Public-Private Partnership (PPP) model, aiming for overall cdevelopment, sanitation, and stronger infrastructure.

The Union Budget 2026-27 has allocated ₹1,450 crore for the Lucknow Metro Phase II,East-West corridor (Charbagh-Basant Kunj corridor). This funding will expedite the construction of the 11.16 km corridor, featuring 12 stations, and improve connectivity in the western parts of Lucknow. The corridor will cover 11.16 km from Charbagh to Basant Kunj at an estimated cost of ₹5,801 crore.

The Lucknow Municipal Corporation (LMC) House approved revisions to license fees for commercial establishments, mutation charges, and increased rents for community halls and public venues. Mutation fees for inheritance cases are now fixed at ₹1,000 for properties up to 1,000 sq ft, scaling up to ₹5,000 for larger properties. Registration-based mutation fees range from ₹3,500 to ₹10,000, depending on property value.