The authority has prepared a blueprint for the acquisition of 2,052 acre land in nine villages for the scheme. The township will accommodate around 22,000 people and 1,500 commercial units will also be part of it.
According to LDA officials, the township will also have facilities like community centre, school, parks, bank, shopping complex, temple and a swimming pool.
“The project, which will come up at an estimated cost of Rs 148 crore, will be completed by the end of 2025, if the land acquisition process is completed by March 2021 and the construction begins soon after,” an official said. The proposal for the township on Sultanpur road was approved by the LDA Board on July 24.
Earlier, a private developer had proposed a township on 700 acre land at the same place. However, LDA Board cancelled the approval granted to it earlier after finding irregularities in paperwork.
It was then decided that LDA will construct a township nearly three times bigger than the one proposed by the private player. It was also decided that land will be acquired from nine villages – Malakpur, Dhakwa, Bajpur, Malauli, Chaurahia, Yaad Sarai, Dularmau, Salauli and Samenapur – for the purpose.
LDA secretary MP Singh said, “The process for land acquisition will start from October. Currently, we are preparing a list of land owners who will be compensated after acquisition.”