Plots: 1,200. Applications: 34,000
TRUE TO their names, public response to LDA?s Vinayak and Vibhor Khand Scheme in Phase-II of Gomti Nagar has been ecstatic. Breaking all previous records, the development agency received an overwhelming 34,000 applications against 1,200 plots netting a whopping Rs 150 crore approximately by way of registration money.india Updated: Jul 16, 2006 00:13 IST
TRUE TO their names, public response to LDA’s Vinayak and Vibhor Khand Scheme in Phase-II of Gomti Nagar has been ecstatic. Breaking all previous records, the development agency received an overwhelming 34,000 applications against 1,200 plots netting a whopping Rs 150 crore approximately by way of registration money.
This means, for each plot there would be roughly 29 aspirants in the fray. Not surprisingly therefore, Saturday, which was the last to apply under the scheme, saw long-queues of aspirants outside the LDA counters at both its Gomti Nagar and JC Bose Marg office in Lalbagh. “It would take another three-four days for us to work out the details before we are able to give exact number of applications we have received,” said an LDA officer adding that as per his assessment, the figure would be around 34,000. So when does the LDA plan to conduct the much-awaited lottery draw for the scheme? While LDA Vice Chairman BB Singh was not available for comment, the exercise would presumably be held sometime around Diwali.
Bookings for the scheme, which was initially opened for a month by the LDA on June 5, was later extended by 10 days till July 15 in view of the tremendous public response. The first indication of the property boom in the State capital became visible early this year, when LDA, for the first time, received Rs 90 crore as registration money from applicants vying for a piece of plot in Vyom Khand Scheme.
Another record of sorts was created when soon after organising the lottery draw of the scheme, the LDA refunded Rs 80 crore to disappointed candidates within a month.
“The response is no longer confined to the city. Our schemes are drawing not only big private developers/ colonisers but also individuals from across New Delhi, Meerut, Allahabad, Kanpur, Bareilly and Gorakhpur,” claimed an LDA official. In fact, some NRI contenders too are in the reckoning.
People living in Singapore and the Gulf are said to have applied in the scheme by downloading application forms from LDA’s website.