GO says no, but LDA chooses to go on! | india | Hindustan Times
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GO says no, but LDA chooses to go on!

india Updated: Nov 08, 2006 00:18 IST
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THE STATE Government has imposed an embargo on allotment of plots in undeveloped schemes but the move has hardly deterred the LDA, which has invited bookings against plots under its four new housing ventures. 

So, would it be proper for the LDA to open registrations for schemes that exist only on the drawing board?

The reason being offered is that the bar is on allotments and not bookings.

“There is nothing wrong in this. In fact, all our projects are based on demand survey and bookings are one way to establish this,” pointed out an LDA official. 

In any case it matters little to those vying for a plot as to when the development agency organises the lottery draw for the scheme as it is more of an investment for them than a genuine need for a house. And nothing illustrates this mad rush for investing in real estate better than the Rs 192 crore the LDA has received in its kitty from some 23,614 applicants for its Vibhor and Vinayak sectors of Gomti Nagar Extension housing scheme.

But even as uncertainty looms large over the scheme’s fate after the State Government cancelled its lottery draw scheduled for November 6, 7and 8, the development agency has announced four fresh ventures. This includes two news schemes in Vasant Kunj on Hardoi Road, one for the economically weaker sections on Kanpur Road and a high-end group housing project in Vasant Khand of Gomti Nagar Extension.

Controversy brick by brick

The Government Order that restrains development authorities from carrying out allotment of plots in undeveloped schemes also contains a rider that bars these agencies from constructing new houses except those for the economically weaker section.

But unmindful of this, the LDA plans to build an upscale group housing project bookings for which were opened by the agency on November 6 and would continue till December 12. The application form at Rs 500 apiece is an indicator for whom the venture is aimed at. “The GO refers to the construction of new houses. It does not include group housing ventures,” said an LDA official when asked if the move was in violation of the government directives.

Secretary Housing KL Meena, however, was not so sure. “Let me look into the matter only then I would be able to comment on it,” he said when contacted by HT Lucknow Live on the issue. With two 14 storeyed towers each, the project that promises all modern amenities like a club house, swimming pool, Jacuzzi, gym and internet connectivity would come up in Vasant Khand of Gomti Nagar Extension.