UPAVP Lucknow Vrindavan Yojana

The Uttar Pradesh Awas Vikas Parishad (UPAVP) has approved a new pricing calculation policy, bringing major relief to homebuyers. As per the decision taken in the recent Board Meeting held on Friday, prices of plots, houses, and flats across existing and upcoming UPAVP schemes may reduce by up to 25%.

Major Decision for Vrindavan Yojana IT City, Lucknow

One of the most significant changes has been made in Vrindavan Yojana IT City, Lucknow, where land rates were earlier fixed at 1.5 times higher than residential rates.
Now, these rates have been reduced to residential rates (1x).

• Earlier IT City rate: ~₹58,000 per sq.m

• Residential rate: ~₹38,000 per sq.m

• Revised rate: Brought down to residential level

Additionally, buyers purchasing land above 10 acres will get land at 10% lower than residential rates (0.9x).

Why Were Rates Reduced?

According to Deputy Housing Commissioner Pallavi Mishra, the IT City scheme saw four tender attempts, but no buyers came forward, prompting the board to revise prices.

New Calculation Policy Benefits

• Prices of properties in old & unsold schemes may drop by up to 25%

• Applies to plots, houses, and flats

• Aimed at boosting demand and clearing unsold inventory

Special Discount for Armed Forces & Retired Employees

UPAVP has increased the early payment discount:

• Earlier discount: 15%

• New discount: 20%

• Eligibility:

  • Armed Forces

  • Paramilitary Forces

  • Retired Government Employees

• Condition: Full payment within 60 days from allotment date

Kanpur Mandhana Housing Scheme Update

The long-pending Mandhana Housing Scheme in Kanpur, stalled due to land disputes, is likely to move forward.

• Total area: 29 hectares

• Land from 5 villages

• 3 villages demanded land pooling

• Under land pooling:

  • Land taken free of cost

  • 25% developed land returned to farmers

5 New Housing Schemes Planned in UP

UPAVP plans to launch five new housing schemes in the next two years, with board approval already granted:

These changes follow the approval of the “Model Costing Guideline Principles 2025” by the Yogi Cabinet, allowing development authorities across UP to reduce prices of unsold properties by up to 25%.