Lucknow: UPHDB to give 30% discount on flats in Avadh Vihar, Vrindavan Yojana – ET RealEstate

LUCKNOW: You may soon get a lucrative deal on the flats in Awadh Vihar Yojana and Vrindavan Yojana.

Uttar Pradesh Housing and Development Board (UPHDB) is planning to give a discount up to 30% on its 1,400 flats in the two residential colonies.

The proposal will be tabled before the board members meeting next month.

There are 1,443 ready-to-move vacant flats in Awadh Vihar Yojana and Vrindavan Yojana. They have remained unsold since their completion four years ago. The cost of the two projects was Rs 850 crore.

A committee headed by UPHBD finance controller Dharmendra Verma is preparing a detailed report for the proposal. β€œThe flats are equipped with branded tiles, marble work, lighting and ventilation facility. These flats are much better than the units provided by private developers. However, due to less publicity we have not found many buyers,” said Verma

The flats are available under two categories β€” one BHK and two BHK.

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Lucknow: Deadline for PMAY house registration extended to October 31 – ET RealEstate

LUCKNOW: Lucknow Development Authority has extended the last date of registration of flats under the Pradhan Mantri Awas Yojna (PMAY) from September 30 to October 31.

According to LDA officials, the decision has been taken because of low number of registrations (only 976) until now owing to the Covid-19 pandemic.

Under the scheme, 4,512 flats for lower-income group are being constructed. While 2,256 flats are being constructed at Vrindavan Yojana, the rest will be built in Sharda Nagar Yojana. The total cost of the project is Rs 75 crore.

Besides LDA main office at Gomtinagar, the registration can be done at Indira Gandhi Prathisthan, the community centre at Gomtinagar Extension Sector-1, LDA zonal office near Baradari lawn, LDA zonal office at Lalbagh, Smriti Upwan on Kanpur Road, Joggers Park on Hardoi Road, Dr Ram Manohar Lohia community centre at Chowk, LDA stadium at Aliganj and Janeshwar Enclave at Jankipuram.

Nodal officer for the project, Pankaj Kumar, said, β€œThe construction of flats under Sharda Nagar Yojana is 90% complete and the remaining will be done by October end. Construction of flats under Vrindavan Yojana is also going at a steady pace.”

The registration fee is Rs 5,000 and each flat will cost around Rs 6.51 lakh. Of this, Rs 2.50 lakh will be paid by the state government as subsidy, and the remaining Rs 4.01 lakh will have to be paid by the beneficiary in the next 18 months.

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