Lucknow Homebuyers Get a Big Opportunity as 2,640 Flats Get Approval From Just ₹8.99 Lakh
Lucknow, August 12, 2026: For many families in Lucknow, owning a home can feel out of reach as property prices and construction costs continue to rise. A newly approved housing plan could now bring some relief, especially for buyers looking for an affordable first home.
The Lucknow Development Authority (LDA) has received approval to develop 2,640 flats under two residential projects in Anant Nagar and Sharda Nagar Extension. The biggest attraction for eligible buyers is the price of the PMAY-linked 1BHK homes, which has been fixed at ₹8.99 lakh, with government subsidy support of up to ₹2.5 lakh.
More importantly, LDA says these projects will be designed with everyday facilities inside the housing complexes, so residents will not have to depend on distant markets and services for basic needs.
2,640 Flats Planned Across Two Projects
The two projects have been named Aditi Apartment and Bageshwari Apartment.
Together, they will offer 2,640 flats, combining PMAY homes with affordable two-bedroom housing.
The projects are planned at locations that could be particularly relevant for families looking for a relatively affordable home within Lucknow's expanding residential areas.
A 1BHK Home for ₹8.99 Lakh Could Change the Calculation for Buyers
The PMAY-linked 1BHK flats will cost ₹8.99 lakh.
Eligible beneficiaries will also receive a subsidy of up to ₹2.5 lakh from the Centre and state government, subject to the applicable scheme conditions.
For a lower- and middle-income family, the difference is significant.
Instead of facing the much higher prices of conventional private housing, eligible buyers could have an opportunity to enter the formal housing market at a substantially lower cost.
The two-bedroom affordable homes, meanwhile, have been priced at ₹34.82 lakh.
Aditi Apartment Will Have 1,392 Homes
The Aditi Apartment project will come up in the Anant Nagar residential scheme.
The project will be a 14-storey development with five towers, comprising:
- 412 PMAY flats
- 980 affordable two-bedroom flats
- PMAY 1BHK price: ₹8.99 lakh
- Two-bedroom flat price: ₹34.82 lakh
For families who need more space but still want to remain within an organised residential development, the two-bedroom category could be particularly relevant.
Bageshwari Apartment Is Coming Near PGI
The second project, Bageshwari Apartment, will be developed near PGI in Sharda Nagar Extension.
The project will have 12 floors and 1,248 flats, including:
- 312 PMAY flats
- 936 two-bedroom affordable flats
- PMAY 1BHK price: ₹8.99 lakh
- Two-bedroom flat price: ₹34.82 lakh
Its location near PGI could make the project particularly interesting for families who value access to healthcare and established parts of the city.
This Time LDA Is Planning More Than Just Flats
One of the most important changes is that LDA plans to provide several everyday facilities within these PMAY housing complexes.
The proposed facilities include:
- Health centres
- Anganwadi centres
- Community centres
- Grocery stores
- Medical shops
- Milk booths
- ATMs
- Other essential services
This could address one of the biggest problems faced by residents of affordable housing projects — having an affordable flat but travelling far for basic daily requirements.
Why This Matters for First-Time Homebuyers
For a family trying to buy its first home, the biggest challenge is often not finding a property but finding one that fits within the household budget.
A home priced at ₹8.99 lakh, combined with eligible subsidy support, can significantly change the affordability equation.
The location and project facilities could also make these developments more practical for families who do not want to compromise completely on access to essential services just to keep the purchase price low.
Who Should Keep an Eye on These Flats?
The projects are particularly worth watching for eligible PMAY beneficiaries, lower-income households and families searching for an affordable first home in Lucknow.
However, buyers should wait for LDA to announce the detailed eligibility criteria, application process, allotment procedure and booking schedule before making any payment or relying on informal claims about availability.
A More Livable Affordable Housing Model for Lucknow
The approval of these 2,640 flats is significant not simply because more homes are being added to Lucknow's housing stock.
The bigger change is the attempt to combine affordable pricing with essential facilities within the housing complex.
If implemented as planned, Aditi and Bageshwari apartments could offer buyers something many affordable housing projects struggle to provide — a home that is not just cheaper to buy, but easier to live in.