The Awas Vikas Lucknow is gearing up to launch its Soumitra Vihar Yojana, a massive residential project on Jail Road, Lucknow. This scheme, spread over 560 acres, will offer nearly 5,000 residential plots, making it the city’s largest housing initiative Example Vrindavan Yojana and Awadh Vihar Yojana Lucknow . The project is designed to cater to all income groups, ensuring inclusivity and affordability in Lucknow’s real estate market.
Project Highlights and Plot Details
The final layout plan for Soumitra Vihar Yojana has been prepared and submitted for approval. Once approved, the scheme will be registered under RERA, ensuring transparency and accountability. In the first phase, registrations for approximately 2,000 plots will be opened. Plot sizes will range from 30 to 300 square meters, with prices expected to be between ₹2,200 to ₹2,400 per square foot.
To promote inclusivity, 10% of the plots have been reserved for the low-income group and another 10% for the middle-income group. This ensures that affordable housing remains a priority. Additionally, plots for the high-income group will range from 128 to 300 square meters, catering to diverse needs.
Commercial and Educational Plots
In addition to residential plots, the project will include commercial and educational plots. This integrated approach ensures that residents have access to all essential amenities within the vicinity. Moreover, convention centers will be developed in each sector to host weddings and social events, adding significant value to the project.
Green Spaces and Sustainability
Environmental sustainability has been prioritized in the design of Soumitra Vihar Yojana. Parks and green belts will be developed in every sector, enhancing the quality of life for residents. Additionally, lakes and ponds will be constructed to facilitate groundwater recharge, ensuring a sustainable water supply.
Land Pooling Model
This project is the UPHDB’s first initiative based on the land pooling model. Farmers who contribute their land will receive 25% of the developed plots in return. This innovative approach benefits both the farmers and the development board, ensuring a steady supply of land for urban expansion.
Soumitra Vihar Yojana Lucknow- Approval and Launch Timeline –
According to P.K. Verma, Superintending Engineer of Awadh Vihar Circle, the final layout plan has been submitted for approval. Once approved, the project will be registered under RERA, and the allotment process will begin. The launch is expected to coincide with the Holi festival, making it a festive opportunity for homebuyers and investors.
Why Invest in Soumitra Vihar Yojana Lucknow ?
- Affordable Pricing: With prices starting at ₹2,200 per square foot, the scheme offers excellent value for money.
- Inclusive Housing: Reservations for low- and middle-income groups ensure affordability for all.
- Modern Amenities: Commercial plots, convention centers, and green spaces enhance the living experience.
- RERA Compliance: Registration under RERA guarantees transparency and safeguards buyer interests.
- Sustainable Development: Focus on green spaces and groundwater recharge reflects environmental responsibility.
Conclusion
The Soumitra Vihar Yojana is set to redefine real estate development in Lucknow. With its focus on affordability, inclusivity, and sustainability, this project offers a unique opportunity for homebuyers and investors. The launch, expected this Holi, marks the beginning of a new era in Lucknow’s housing sector. Don’t miss your chance to be part of this landmark project!
