Lucknow Development Authority May Sell 3,500 Properties In January
Here is a golden opportunity for those who are looking for government-owned properties in Uttar Pradesh capital Lucknow. In order to cut the losses it is making in the maintenance of its rented properties, residential as well as commercial, the Lucknow Development Authority (LDA) is planning to sell them. According to media reports, a total of 3,500 may be up for grabs in the LDA property auction, likely to take place in January. While 2,300 properties are residential structures, the remaining 1,200 are commercial set-ups.