LDA clears rRs.r31 crore dues under OTS-2026 drive
LUCKNOW, May 17 -- The Lucknow Development Authority's (LDA) One-Time Settlement (OTS)-2026 scheme has begun easing the financial burden on property allottees, with hundreds receiving waivers on compound and penal interest. The authority has generated demands worth Rs.31.18 crore after processing applications, indicating strong participation from residents aiming to clear long-pending dues and secure ownership rights.
Officials said a major relief case was reported from the Sitapur Road scheme, where an allottee received a waiver of nearly Rs.37 lakh after his liability had risen to Rs.2.36 crore due to accumulated interest.
A residential plot had been allotted to Shiv Pratap Singh, who failed to deposit the amount within the stipulated...
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