Lucknow development body offer for defaulting flat buyers

Lucknow Development Authority (LDA) has decided to introduce a one-time settlement (OTS) scheme for defaulters to pay the remaining amount for apartments they have bought from the authority. The scheme will give the defaulters a discount of 10% and all the fine on the pending amount will be waive

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Published - Thursday, 20 Jun, 2019

Lucknow development body offer for defaulting flat buyers

Lucknow Development Authority (LDA) has decided to introduce a one-time settlement (OTS) scheme for defaulters to pay the remaining amount for apartments they have bought from the authority. The scheme will give the defaulters a discount of 10% and all the fine on the pending amount will be waived. According to LDA officials, there are more than 26,000 defaulters on the list. These defaulters have not paid their EMI for months. Defaulters can pay online or at LDA office.