LUCKNOW: In a significant relief for homebuyers, the Lucknow Development Authority (LDA) has decided to waive three years of backdating maintenance charges for individuals purchasing vacant flats in older housing schemes.
The LDA Board approved this decision, and official orders have been dispatched.
Previously, the authority collected maintenance fees for the last three years from buyers during the registry or possession process, calculated from the initial registry date following construction completion, even if the flats were unsold and unoccupied. Buyers contested this, stating they should not be liable for payments during a time when they neither owned nor occupied the property.
This additional charge, ranging from Rs 50,000 to Rs 60,000 per flat, significantly reduced the benefits of discounts available under the LDA’s current first-come-first-served sale initiative.
Numerous allottees expressed that the demand for arrears near the final stages of purchase made the scheme less appealing.
LDA officials confirmed that this waiver will only apply to new buyers of old and vacant flats. They noted that this decision alleviates an unnecessary financial burden and is expected to expedite the sale of unsold inventory.
