Lucknow body updates payment terms for Atal Nagar scheme
LUCKNOW: The Lucknow Development Authority (LDA) has updated the payment terms of its Atal Nagar housing scheme, introducing a 10-year instalment plan with a lower interest rate. The interest rate has been slashed from 9% to 7%, and the repayment period has been extended from seven years to ten years, structured into 120 monthly instalments. Situated in Devpur Para, the scheme features 2,496 flats distributed across 15 towers, which range from 12 to 19 floors. Unit sizes vary from 30 sqm to 54.95 sqm, starting at approximately Rs 9.83 lakh. Registration for 630 unsold units is open from April 18…