Flats from ₹1 Crore to ₹2 Crore in Lucknow

Which flats from ₹1 Crore to ₹2 Crore are listed?

Two are published in this range, and both are 3 BHK apartments. Other premium inventory on this site starts above this range or has its price on request, so it is not shown here.

Eldeco Trinity starts above this range, from ₹2.69 Cr. Rishita Serenity Phase 3 has no published price on this site, so ask Lalit for the figure.

What does the gap between these two 3 BHK flats pay for?

The published gap is ₹54 Lakh, and it pays for a different location and a different project, not an extra bedroom. Before you decide the gap is worth it, list what you actually get for it.

• Location. Eldeco Latitude 27 is in Eldeco City on IIM Road. Eldeco Hanging Gardens is off Shaheed Path. Time your actual commute from each one at the hours you travel.
• The unit. Hanging Gardens is sold as a 3 BHK with a sky garden. Latitude 27 is listed as 3 BHK + 3T. Compare the carpet area of each, and check whether the sky garden is included in it.
• Project age. The flyer launch dates are 17 March 2023 for Latitude 27 and 15 April 2025 for Hanging Gardens. Compare the completion dates filed with UP RERA and the construction progress you can see on site.

What is the all-in cost in this range?

On these two units, GST, stamp duty and registration add ₹7.02 Lakh more to the gap between them. Percentage charges widen a price difference, and they do not stay flat.

The table uses 5% GST, 7% stamp duty and 1% registration on the starting price, for an under-construction purchase. It excludes parking, deposits and other charges. Stamp duty may be charged on the circle rate value if that is higher. Above ₹1 Crore, the 1% stamp duty concession approved for women buyers does not apply on the reported terms, so check this if you are close to that line.

How should you stretch a budget in this range?

Stretch only as far as you can still pay every instalment if possession is late. At this level the risk is rarely the booking amount. It is carrying a home loan, and possibly rent, at the same time.

1. Get the payment plan in writing and put each due date on a calendar with its amount.
2. Ask your bank how much it will lend and at which stage it releases funds. Banks finance only part of the value, and the rest must come from you.
3. Add months of rent if you are renting now, based on the filed completion date.
4. Keep a separate buffer for fit-out and for the costs a cost sheet may miss.

Is a villa an option at this budget?

Yes, one is listed. Eldeco Solano Gardens on New Jail Road publishes villas from ₹1.57 Cr. A villa suits a buyer who wants their own land and front door, and it comes with different upkeep and security. It is not an apartment, so it is not in the table above.