- By Kamakshi Bishnoi
- Fri, 01 Aug 2025 12:34 PM (IST)
- Source:JND
Setting up industries in the state capital will now cost significantly less. For the first time, the Lucknow administration has introduced a dedicated segment for industrial units in the district's circle rate structure. This move is aimed at encouraging industrial development and attracting investments.
The government's initiatives—such as the BrahMos missile manufacturing unit and Ashok Leyland’s electric vehicle plant—have already strengthened investor confidence. Local industry players like PTC Industries are also expanding operations. With more than two lakh MSME units registered in Lucknow, the city is witnessing a growing inclination toward industrialisation.
In response, the administration has revised the District Magistrate (DM) circle rates, offering substantial relief to entrepreneurs. Within municipal limits, for industrial units like cement factories, rice and flour mills, sugar mills, cold storages, kilns, and warehouses spread over up to 1,000 square meters, the land will now be valued at 20 per cent less than the standard non-agricultural plot rate of that area.
For similar units occupying more than 1,000 square meters, the discount goes up to 40 per cent. This policy applies to both new establishments and the purchase of pre-existing industrial units, significantly reducing stamp duty and acquisition costs. Entrepreneur Rajat Mehra welcomed the decision, calling it a positive step for industrial growth in Lucknow.
Revised Circle Rates in Key Industrial Zones (Rs per sq m):
-Amausi Industrial Area: Rs 4,500
-Gahru Industrial Area: Rs 5,000
-Talkatora Industrial Area: Rs 6,000
-Garhi Kanora: Rs 6,000
-Chinhat: Rs 6,000
-Dhawa: Rs 5,000
-Sarojininagar: Rs 4,500
-Defence Corridor: Rs 1,700
While industrial rates have seen relief, property prices along Lucknow's metro and flyover routes have become more expensive. The administration has abolished the 20 per cent discount on circle rates for properties located under the metro and flyovers—a benefit that had been in place since 2015.
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The change, included in the newly released DM circle rates, is expected to increase property valuations in several localities across the city. According to ADM (Finance and Revenue) Rakesh Kumar Singh, commercial activities have flourished beneath metro and flyover structures, justifying the removal of concessions.
Revised Rates in Major Areas of Old Lucknow (Rs per sq m):
-Charbagh: Rs 64,000
-Alambagh: Rs 64,000
-Aishbagh: Rs 33,000
-Moti Nagar: Rs 38,000
-Udayganj: Rs 38,000
-Geetapalli: Rs 31,500
-Mahatma Gandhi Marg: Rs 33,500
-Lalkuan: Rs 31,500
-Mawaiya: Rs 64,000
-Mall Avenue: Rs 88,000
Rates in Key New City Areas (Rs per sq m):
-Near Palacio Mall / Police HQ: Rs 52,000
-Near Ansal Best Price / Lulu Mall: Rs 50,000
-Near Avadh Shilp Gram / PGI: Rs 40,000
-Kapurthala Square Road: Rs 54,000
-Munshi Pulia to Aurobindo Park: Rs 49,500
-Dayal Paradise to Husadiya Square: Rs 66,000
-Gomti Nagar Extension (CMS / Janeshwar Mishra Park): Rs 55,000
-Kaveri Green Wood Apartment Area: Rs 55,000
-Hyatt Regency to Pickup Bhawan Square: Rs 70,000
-Viraj Khand Flyover Area: Rs 70,000
-Shalimar Square to Ring Road: Rs 49,500