Sushant Golf City and the Ansal insolvency: what the LDA takeover means

Sushant Golf City is one of Lucknow's best-known townships, and also one of its longest-running problems. Its developer, Ansal Properties and Infrastructure (Ansal API), is in insolvency, and parts of the township were never finished. In September 2026 the Uttar Pradesh government took a big step towards sorting it out. Here is where things stand, in plain words.

How the problem started

Ansal developed Sushant Golf City under an agreement with the Lucknow Development Authority (LDA). As security for finishing the work, it mortgaged 3,489 plots to the LDA. Developers need the LDA's permission to sell mortgaged plots. According to the LDA, Ansal sold 2,747 of them without that permission, which left many buyers holding plots with an uncertain status.

The insolvency case

  • In 2025 the National Company Law Tribunal (NCLT) admitted insolvency proceedings against Ansal API.
  • On 7 January 2026 the appeals tribunal (NCLAT) kept the proceedings going but limited them to Sushant Golf City and a few projects in Rajasthan, and made the LDA a party to the case.
  • The Supreme Court has issued notice on a homebuyers' petition and tagged it with the main Ansal case, which concerns a default of about ₹257 crore. There is no final decision on that petition yet.

The September 2026 cabinet decision

On 15 September 2026 the state cabinet approved the LDA's proposal on the 2,747 plots. According to LDA vice-chairperson Prathamesh Kumar:

  • The registries of these plots will not be cancelled. Cancelling them would have left owners in uncertainty, so the LDA chose to release them instead.
  • Release will be sector-wise or pocket-wise, after the development work in that part is finished and completion certificates are issued.
  • Owners who want an early release can deposit a guarantee, set by the LDA board, which is refunded once the work is done.
  • The LDA will develop the partly developed and undeveloped parts of the township, and will place its proposal before the NCLT.

News reports also mention that buyers could face a new completion charge. No amount has been announced yet.

If you own a plot or flat here

  1. Keep your registry, payment receipts and allotment papers in one place.
  2. If you have a claim in the insolvency process, follow the resolution professional's notices and deadlines.
  3. Watch LDA notices for your sector before making any payment someone asks you for.
  4. Be careful with anyone offering to "get your plot released" for a fee. Use only official channels.

If you rent, or want to rent, here

Day-to-day life in the finished, occupied parts of Sushant Golf City carries on as usual, and many families live and rent here. Before you sign a lease, it is still worth asking:

  • Who maintains the society, and are water, power backup and security working well?
  • Is the building in a completed, occupied part of the township?
  • Can the owner show the registry or allotment letter for the flat? It is a fair question for any rental.

We have homes for rent in Sushant Golf City, shown below. The rent you pay is not affected by the insolvency case.

Facts as reported up to 19 October 2026. This is general information, not legal advice. Check the latest NCLT and LDA orders for your own case.

Sources

Properties for rent

Every one visited by us. Nominal brokerage, only when you move in.

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