With the final warning, kicks off the clamp down of Lucknow Development Authority

The news from Lucknow is also a wake up call for the ones who are on the other side with a wrong reason. Kicking off its clamp down on defaulters, the LDA, warns for the final time -if the payment is not made in a week, allotment of property will be canceled.

Vice President of Lucknow Development Authority, Dr. Indramani Tripathi has issued strict instructions regarding recovery from defaulters in the review meeting of residential, commercial property, map cell, hi-tech, integrated township on Friday.

The Lucknow Development Authority (LDA) is going to clamp down on the arrears allottees of their residential, commercial schemes and private developers who have not deposited the dues. Vice President of the Authority, Dr. Indramani Tripathi has given strict instructions regarding recovery from defaulters in the review meeting of residential, commercial property, map cell, hi-tech, integrated township on Friday. Under this, all the defaulters will have to deposit the balance amount in a week, otherwise the allotment of their property will be canceled by issuing a notice as per the rules. Similarly, if the private developers do not deposit the dues within a week, then recovery action will be taken by auctioning their mortgaged property.

In the review meeting, it was found that 1112 allottees of residential properties located in various schemes of the authority have an outstanding balance of Rs 249 crore. At the same time, 693 allottees of commercial properties have an outstanding of Rs 233.74 crore, while 184 defaulters of the map have not deposited Rs 21.06 crore. On this, Vice President Dr. Expressing displeasure, Indramani Tripathi asked the officials about their action taken against these defaulters so far.

The review also revealed that there are many allottees who have outstanding dues of 50 percent or more of the total value of the property and have not made any payment for four to five years. On this, the Vice-Chairman directed the officers to issue notices to all such defaulter allottees within three days. If they do not deposit the outstanding amount within a week, the allotment of the property should be canceled by taking action as per the rules. All the above residential, commercial properties should be disposed of afresh through lottery or e-auction.

After this, Vice President, Dr. Indramani Tripathi reviewed the pending fees on the developers of Hi-Tech, Integrated Township. It was found that Garv Buildtech Pvt. Ltd. About Rs 13 crore is due towards urban development charges, while Ansal Properties & Infra. Ltd. Urban Development Fee on Purchasable F.A.R. There is a balance of about Rs 18 crore towards fee and external development fee. Similarly, under the Integrated Township, Messrs. Omaxe Limited, Messrs. Emaar M.G.F. Land Ltd, Amravati Residency Pvt. Ltd, Pintel Reality Developers Pvt. Ltd., M/s Swastik Multitrade Pvt. Ltd., M/s Omega Infrabuild Pvt. Ltd. and M/s A.N.S. Developers Pvt. Ltd. But crores of rupees are outstanding for urban development, rural population development and bandha fee.

Apart from this, FAR external development fee is due in the approved projects of the approved maps/slab map. On this, the Vice President directed that immediate notice should be issued to all these developers regarding depositing the due fees. If even after this the dues are not paid by them, then the authority will seize the mortgaged property of the concerned and recover the outstanding amount through auction.

Secretary Pawan Kumar Gangwar, Additional Secretary Gyanendra Verma, Finance Controller Deepak Singh, Nazul Officer Arvind Tripathi and Officer on Special Duty Devansh Trivedi and other concerned officers were present in the meeting.