The UP-housing board is offering a 35% discount on around 5,000 unsold flats in its housing schemes in Siddharth Vihar, Mandola and Vasundhara. The decision, officials said, was taken at a meeting in Lucknow on November 9. Online registrations opened on Diwali (November 12) for 20 flats in Vasundhara, 700 in Siddharth Vihar and 4,000 in Mandola.
There are around 4,700 unsold units in these societies. In Siddharth Vihar, for instance, there are 1,292 units in Ganga, Yamuna and Hindon schemes, of which 700 are yet to be sold. In Mandola, 4,000 of 7,500 units are yet to be sold. In Vasundhara, 20 flats are up for grabs.
Earlier too - in December last year - the board had tried to attract homebuyers by offering a 20% rebate on its flats. The response, however, was lukewarm. Officials said a 1 BHK in these housing schemes would cost around Rs 69.5 lakh, while a 2 BHK would come for Rs 87 lakh. A 3 BHK has been Advt Get App Leaders Speak Events Awards Webinars More industry RERA Commercial Residential Cement Housing Finance News Exclusives 11/15/23, 4:54 PM Uttar Pradesh housing board offers 35% rebate on 5,000 flats, most units in Ghaziabad.
The township has been developed near the Hindon. While one side is off the Delhi-Meerut Expressway, the other is near the RapidX corridor. Delhi Metro's Red Line is also a few kilometres away. "We hope the Siddharath Vihar housing scheme will fetch us good revenue. The location is strategic and it is also getting Ganga water from the Pratap Vihar plant.
