The Lucknow Development Authority (LDA) has devised a plan to redevelop ageing commercial complexes across the city through public-private partnerships (PPP). The initiative aims to transform decades-old, deteriorating structures into modern, revenue-generating hubs.
As confirmed by LDA Vice-Chairman Prathamesh Kumar registered shopkeepers will be allotted new units measuring 1.25 times their current space, ensuring “fair compensation and upgraded facilities.” In the first phase, complexes in Kailash Kunj, Priyadarshini Colony (Sector B), Nehru Enclave, Vinay Khand, and Aliganj have been shortlisted. Many of these buildings are structurally unsound, with weakened pillars and crumbling plaster. “These buildings are on the verge of collapse. We want to rebuild them entirely and provide better infrastructure to shopkeepers and the public,” an LDA official stated.
The redevelopment will follow a floor area ratio (FAR) sharing model, where LDA retains three floors of a new five-storey complex, and the private builder can sell the remaining two. Consent from all shopkeepers is mandatory before starting work. Besides this, LDA is also considering redeveloping community centres and utilising setbacks and unused spaces more efficiently. The draft policy is under review, and tenders will be floated soon.