Lucknow body to keep property sector rates unchanged
LUCKNOW: The Lucknow Development Authority (LDA) has announced that it will not be raising the sector rates for its properties. This decision means that the anticipated increase in district magistrate circle rates will not impact the prices of LDA properties valued according to reserved sector rates. In addition, prices for apartments built under various LDA schemes will remain stable, as these rates were already frozen for one year following a resolution by the LDA Board. According to a proposal approved by the LDA Board, the price of flats sold under the ‘first come, first served’ scheme will remain unchanged for…