LDA Revises Atal Nagar Scheme Payment Terms: 10-Year Plan at 7% Interest

LUCKNOW, May 6, 2026 – In a major relief for homebuyers, the Lucknow Development Authority (LDA) has revised the payment terms for its Atal Nagar housing scheme. The authority has extended the instalment plan to 10 years and reduced the interest rate from 9% to 7%.
The new repayment period is divided into 120 monthly instalments. This decision is effective immediately, according to LDA Vice-Chairperson Prathamesh Kumar.
Key Details of Atal Nagar Scheme
-
Location: Devpur Para, Lucknow
-
Total flats: 2,496 flats across 15 towers (12 to 19 floors)
-
Unit size: 30 sqm to 54.95 sqm
-
Starting price: Approximately 9.83 lakh
Registration for 630 Unsold Units
Registration is currently open for 630 unsold flats from April 18 to May 17, 2026. These include:
-
539 one-bedroom (1 BHK) flats
-
91 two-bedroom (2 BHK) flats
Application Process & Fee
-
Mode: Online through the LDA official website
-
Registration fee (refundable if no allotment):
-
55,658 for 1 BHK
-
1,00,852 for 2 BHK
-
Official Statement
LDA Vice-Chairperson Prathamesh Kumar confirmed that the new policy takes immediate effect. The extended payment plan with lower interest is expected to make affordable housing more accessible to buyers in Lucknow.