LUCKNOW, Nov. 3 -- The Lucknow Development Authority (LDA) approved 11 fresh proposals and confirmed five earlier resolutions during its 188th board meeting on Monday, paving the way for the next phase of its township expansion plans, including Varun Vihar and Naimish Nagar, while revising its estimated income for the 2026-27 financial year to Rs.5,400.81 crore. The board approved proposals regarding the conversion of agricultural land into residential land under the chief minister's urban expansion scheme, financing of development projects through the Centre's Urban Challenge Fund (UCF) and compensation for farmers whose land falls under the Prabandh Nagar scheme. The proposals also included the construction of a war museum and convention centre in Lucknow. Besides, the board reviewed the authority's financial position, revising its estimated income for the 2026-27 financial year to Rs.5,400.81 crore. The LDA had set a target of spending Rs.3,500 crore on land purchases during the current financial year and proposed another Rs.1,500 crore for land acquisition in the first quarter of 2027-28. The authority reported Rs.802.57 crore in income from plot allotments, while flat sales generated Rs.562.88 crore within seven months and commercial property sales contributed Rs.594.13 crore. The authority proposed borrowing Rs.1,000 crore from a bank's Emerging Corporate Credit Branch in Hazratganj for the development of Varun Vihar and Naimish Nagar. The board approved Phase 2 layout plans of both residential schemes, marking an important step towards their planned expansion. LDA secretary Sushil Pratap Singh revealed that their was no loan on the LDA so far and the loan amount would only be utilised if needed. Another proposal concerned changing the land use of land covered under the CM's urban expansion scheme from agricultural to residential. The conversion will facilitate planned residential development in areas covered by the scheme. For the Prabandh Nagar scheme, the authority considered determining compensation rates for farmers in accordance with the order issued by the Land Acquisition, Rehabilitation and Resettlement Authority, Lucknow division, on September 28, 2026. The proposal seeks to ensure payments based on agreements submitted by affected farmers and relevant order. Among other proposals approved were construction of a war museum and convention centre in Lucknow, expansion of UPSRTC infrastructure and changes to layout plans of Nand Khera complex in Aishbagh and Priyadarshini Yojana's Sector C. The board also approved a proposal to modify layout plan in Sector 7 of Gomti Nagar Extension to facilitate healthcare facilities associated with Dr Ram Manohar Lohia Institute of Medical Sciences. A proposal concerning the relocation of residents living at Butler Palace was also part of the meeting agenda....