LUCKNOW: The festive offer by Lucknow Development Authority (LDA) resulted in the booking of 86 flats within 15 days since Oct 21.
This limited-time offer, available from Oct 21 to Dec 31, provides additional discounts on flats, ranging from Rs1 lakh to Rs 2.5 lakh.
Deputy secretary Gyanendra Verma stated on Tuesday that an increase in sales was observed following the offer.
Jankipuram’s Sargam Apartments recorded the highest bookings at 21, followed by Aishbagh Heights with 15, Devpur Para with 11, CG City on Sultanpur Road with 10, and Srijan Apartments in Priyadarshini with 8 bookings.
LDA vice chairperson Prathamesh Kumar said that through the “first-come, first-served” scheme, buyers are permitted to purchase more than one flat if desired. Those who pay 90% of the flat’s cost within specified timeframes are eligible for added discounts, which are 6% for payment within 45 days, 5% for 60 days, 4% for 75 days, and 3% for 90 days.
Additional discounts apply based on price brackets, with Rs 1 lakh off for flats priced between Rs 22 lakh and Rs 50 lakh, Rs 1.5 lakh off for those between Rs 50 lakh and Rs 75 lakh, and Rs 2.5 lakh off for flats priced above Rs 75 lakh.
LDA offers a variety of flat configurations, including 1BHK, 2BHK, 3BHK, and 4BHK units, in sizes ranging from 500 to 1900 sq. ft., with prices between Rs 22 lakh and Rs 1.08 crore. Govt employees can acquire flats with a 25% payment of the total price, while general buyers can secure them with a 35% payment under a hire-purchase agreement.
Additionally, buyers have the option to combine two 2BHK flats into a larger unit in some complexes.
Flats are available in prime locations across Lucknow, including Gomtinagar, Jankipuram, Priyadarshini (Sitapur Road), Aliganj, Aishbagh, Kanpur Road, Devpur Para, and Sharda Nagar, with direct connectivity to main roads.
