Documente Academic
Documente Profesional
Documente Cultură
RULES : PROPERTY
National Level News Papers. The notification shall clearly specify the process of getting the required
Application Booklet and also the process of it's submission.
Reservations
• The allotment shall be done keeping provision of reservations as per the current applicable Government
Orders.
• In case any applicant demand the refund after allotment of property, the deposit amount shall be
refunded after deduction of 20% on the registration amount.
• In case the applicant demand the refund before allotment and the deposited money is in Development
Authority's account for more than one year, the refund shall be made with simple annual interest of 4%.
Page 1 of 2
Lucknow Development Authority
• For calculation of interest the deposit and refund months shall not be counted.
fact has not been disclosed, the Vice Chairman, Lucknow Development Authority shall have full right to
cancel the allotment/registration/agreement and seize the registration amount deposited by the applicant.
Other legal actions may also be taken.
Free-
Free-hold Charges
• The registry of the property shall be done by the Development Authority in free-hold fashion. The charges
Levy Charges
• Levy charges are imposed at the time of freehold registry of any lease hold plots. The levy shall be imposed
Mortgage
• For the purpose of loans, the allottee may Mortgage the Property after getting the NOC from Lucknow
Development Authority
Page 2 of 2