2/24/2014 International cricket stadium in Lucknow by 2017

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Lucknow: Lucknow is all set to get a state-of-the art international cricket stadium
by the first quarter of 2017, a government official said Friday.
A senior official in the housing department told IANS that a government order has
already been issued for the stadium and a sports complex that will be built in a 67-
acre real estate development zone.
"The stadium would be built on a public-private-partnership model and the
developer has been mandated to complete all work by the end of the first quarter
of 2017. In case the developer fails to do so, a penalty of Rs.5 lakh a day would
be slapped on them," the official said on the condition of anonymity.
The stadium would come up at Mastemau and Ardaunamau villages near the
Chak Gajaria area that has witnessed some rapid real estate development under
the Akhilesh Yadav-led government. The developer will get to manage the stadium
for 35 years after which it would be handed over to the Uttar Pradesh Sports
Directorate.
The technical bids for the stadium would be opened December 23. The land use
for the real estate zone includes 25 per cent residential and 75 per cent
institutional and commercial area.
The project was announced by chief minister Akhilesh Yadav soon after the
Samajwadi Party stormed to power in March last year. But the project was delayed
due to the nitty-gritty and lack of interest by developers. 0 0
A senior official in the housing department told IANS that a government order has already
been issued for the stadium and a sports complex.
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