LUCKNOW: Ahead of the investors’ summit scheduled next year in February in the city, prominent developers on Friday claimed to have proposed an investment of Rs 10,000 crore in the city’s real estate, LDA officials said, adding that the investors would be provided a single-window system to get all required clearances.
According to LDA vice-chairman Indramani Tripathi, at a meeting with real estate developers, a calculation was done on investment required for Lucknow’s infrastructure development and how LDA could help companies in order to encourage them to invest in the state capital.
Tripathi said, “MI Builders have proposed to invest Rs 850 crore, while Rishita Group has proposed investment of Rs 800 crore. Others include Oro Real Infra (Rs 650 crore), Baba Group and Ekana Group (Rs 600 crore each), Amravati Homes and Eldeco Group (Rs 300 crore each), Chinmaya Group (Rs 290 crore), Sapphire Group (Rs 260 crore), Pardos Developers and Omaxe (Rs 250 crore) and Touchwood Builders (Rs 200 crore).”
“A WhatsApp group has been created to facilitate a single-window system for the investors. In the group, officials of various departments such as nazul, sealing, trust, planning section, civic body, Jalkal, firefighting and others have been added to help investors in getting NOCs and other clearances in the shortest time. The idea is to facilitate investors and not to make them run from pillar-to-post for investment,” he said.

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