Ansal Sushant Golf City Takeover May Bring Completion Charge for MIG and HIG Homebuyers
Lucknow | September 19, 2026: Thousands of homebuyers in the stalled Ansal API township at Sushant Golf City, Lucknow, could face an additional completion charge as the Lucknow Development Authority (LDA) prepares to take over the township.
The proposed charge is being considered for middle-income group (MIG) and high-income group (HIG) property owners because a significant portion of the land mortgaged to the LDA as security has already been sold by the developer, limiting the authority's ability to use those assets to fund unfinished infrastructure.
LIG and EWS buyers are expected to remain exempt from the proposed charge.
LDA Takeover Gets Cabinet Approval
The Uttar Pradesh Cabinet approved the takeover of the stalled township on September 15, clearing the way for the LDA to begin the process of completing the unfinished development.
The next phase will involve documentation, assessment of liabilities and proceedings before the National Company Law Tribunal (NCLT), where the insolvency resolution process concerning the developer is underway.
LDA vice-chairman Prathamesh Kumar said buyers whose claims are approved through the NCLT process would be considered for allotment of the corresponding property.
Why the LDA Is Considering a New Charge
According to LDA officials, Ansal Properties and Infrastructure Ltd had mortgaged around 3,000 plots with the authority as a performance guarantee under the High-Tech Township Policy.
The mortgage was intended to give the LDA a financial route to complete development if the private developer failed to deliver the project.
However, the authority alleges that around 411 acres of mortgaged land was subsequently sold, with Kumar saying roughly 70% of the mortgaged land had already been sold.
That has reduced the assets available to the LDA and is one of the reasons the authority is examining a completion charge for MIG and HIG properties.
When Could Homebuyers Pay the Completion Charge
The proposed charge is likely to be collected when MIG and HIG property owners approach the LDA for building-plan approval, according to the LDA vice-chairman.
At present, the amount of the proposed charge has not been specified in the information available.
LIG and EWS buyers would remain exempt under the proposal.
For existing owners, the final structure and amount of any charge will therefore be important before they undertake construction or seek approval for building plans.
₹2,912 Crore Liability Could Arise From Takeover
The preliminary maximum liability associated with the takeover has been estimated at around ₹2,912 crore.
The state government is expected to provide funds required to meet liabilities finalised through the resolution process as seed capital to the LDA.
However, the final liability has not yet been fixed. It will be determined through the insolvency process involving the interim resolution professional.
The earlier tentative estimate for completing the unfinished development works stood at ₹2,216.91 crore.
Roads, Power and Sewerage Work Still Incomplete
The township still has substantial infrastructure work pending.
According to LDA officials, nearly 50 km of roads remain incomplete. The project also requires 440 KVA and 220 KVA substations.
Other unfinished works include:
- Tube wells
- Water pipelines
- Sewer lines
- Parks
- Drainage systems
- Remaining railway overbridge work
The tentative infrastructure estimate includes ₹453.10 crore for works in pockets 1 to 4 and ₹1,126.52 crore for pocket 5.
Around ₹114.28 crore was estimated for the remaining railway overbridge work, while ₹523 crore was earmarked for substations.
What Happens to Buyers With Pending Claims
For thousands of buyers who purchased plots or are still waiting for possession, the key issue is whether the LDA can provide the property originally purchased or whether financial compensation will be required.
Kumar said the LDA would act on claims filed before the NCLT and approved by the tribunal.
Buyers whose claims are approved would be considered for allotment of the corresponding property, according to the LDA.
This makes the insolvency proceedings particularly important for buyers whose claims, allotments or possession remain unresolved.
What Happens Next for Sushant Golf City Buyers
The LDA is preparing to coordinate its land acquisition, town planning and legal teams to work through the takeover.
The immediate priorities include:
- Completing documentation related to the township.
- Determining liabilities through the insolvency process.
- Reviewing approved buyer claims.
- Assessing unfinished infrastructure.
- Finalising the funding strategy.
- Determining whether and how the proposed MIG/HIG completion charge will be implemented.
For buyers, the immediate focus should be on keeping allotment, payment and claim-related documents ready and tracking the NCLT resolution process and LDA decisions before paying any proposed completion-related amount.