Sharda Nagar, Lucknow

LDA has approved a comprehensive package of 120 projects totaling Rs 266 crore to enhance urban infrastructure, public amenities, tourism, and emergency response. Key initiatives include a Rs 25 crore water laser light and sound show at the Gomti riverfront, Rs 68 crore for advanced firefighting platforms, amongst many other smaleer projects.

The Housing Development Board has approved the creation of Lucknow's first AI City in Sector 15 of Vrindavan Yojna. This project, valued at approximately ₹368 crore, aims to boost the IT and AI ecosystem in the region .It is expected to be completed within three years and will feature a business park, incubation centers, and smart utilities.

Omaxe Group has launched 'Omaxe Cassia', a residential project in Lucknow with an investment of ₹250 crore. Located in the Omaxe Metro City township on Raebareli Road, the project offers 360 units, of which 300 have already been sold. The development is planned according to RERA timelines and shall becompleted within three years.

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 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.