The Lucknow Development Authority (LDA) has updated the payment terms for its Atal Nagar housing scheme, now providing buyers with a 10-year installment plan that features a lower interest rate.
The interest rate has been decreased from 9% to 7%, and the repayment duration has been extended from seven years to ten years, structured into 120 monthly installments. Situated in Devpur Para, the scheme includes 2,496 flats distributed across 15 towers, which vary in height from 12 to 19 floors.
The sizes of the units range from 30 sqm to 54.95 sqm, with prices beginning at approximately Rs 9.83 lakh. Registration is available for 630 unsold units from April 18 to May 17, 2026. This includes 539 one-bedroom (1 BHK) and 91 two-bedroom (2 BHK) flats.
Applications can be submitted online via the LDA website. LDA vice-chairperson Prathamesh Kumar stated that the new policy is effective immediately. The registration fee is Rs 55,658 for 1 BHK units and Rs 1,00,852 for 2 BHK units, which is refundable if no allotment occurs.
