Rent of govt residential properties hiked 39% | Lucknow News
Lucknow: Those staying in govt colonies and residential enclaves will have to shell out extra amount every month as estate department has revised rent of residential units by 39 per cent. The rates have been revised after a gap of almost eight years. Both flat rent and market rate were revised upwards by estate department. According to officials, the new monthly rent will have to be paid with effect from Sept. Based on grade and rank of officials, estate department offers flats, row houses and plush bungalows in gated colonies that range in size between 30 sqmt and 350.5 sqmt.Classified into 19 categories, estate department, compared to market value, charges nominal rental charges. According to revised list, a residential unit built over a 106 sqmt area (type IV) will be available at a monthly rent of Rs 1,806 instead of Rs 1,299 from now on.Similarly, rent for a bungalow measuring between 243 sqmt and 350 sqmt (type VI) that cost Rs 3,510 per month will now command Rs 4,879 on a monthly basis. The rent paid discriminates between govt employees who pay on base rate, while other privileged sections, such as accredited journalists, pay on market rate. Those paying at market rate will have to pay Rs 23,143 and Rs 83,400 for type IV and type VI units, instead of Rs 16,650 and Rs 60,000, respectively. Estate department manages close to 7,000 units across 52 govt enclaves across the city.Some prime colonies include Kalidas Marg, Raj Bhawan Colony, Gautampalli, Gulistan Colony and Butler Palace. With a lot of land lying vacant in the existing colonies in upmarket areas, govt is also considering redeveloping some of the colonies to create an increased number of govt accommodations and contemporary housing units.