Lucknow: More than 150 allotters of housing project to be constructed by Lucknow Municipal Corporation at Aurangabad Khalsa can expect some relief as the civic body will now restart the project work from Rs 200 crore received from bonds issued by the civic body.
According to LMC officials, the civic body had decided to develop a housing colony consisting of more than 275 housing units at Aurangabad Khalsa in 2018. Municipal Corporation had set up a budget of Rs 194 crore for the completion of project. As per LMC records, civic body had to complete the project by 2020.
The decision to construct a housing colony was passed by house of LMC on April 1 2018. After approval, civic body decided to open registrations for the units and float tenders for constructing the colony simultaneously. Cost of one housing units was fixed at Rs 13 lakh by LMC. Registration fee was set up at Rs 1.25 lakh/unit by LMC.
LMC received around 75 applications within one month after opening the registrations for housing units. However, the construction work was stopped at initial stage after one of land owner where the colony was being developed decided not to sell the land as he was satisfied with the compensation offered by the civic body. The matter was resolved by LMC in December 2019 and it was decided that the construction work will resume from next financial year. However due to three months lockdown, LMC has no funds left for restarting the project.
With the project being revived by the civic body, several allootteess of the housing project expressed their happiness but urged LMC to complete the long pending project as soon as possible.
Harsh Khanna an allottee said, “We have already waited for more than two years and it looks like we will have to wait another two years before stepping a foot in our own house. I request municipal authorities to start the construction work as soon as possible. “
Jatin Mishra another alloottee said, “I asked the civic body to return my registration money which I submitted for the housing units due to delay in project. But now, I guess I have no option rather than to wait mostly for another 2-3 years for getting the possession of the unit.”
Municipal commissioner Ajay Dwivedi said, “Tenders will be soon floated for hiring the companies to start the construction work. Amount recived from the allootteess will be used for paying the coupon rate and bonds face value. “
