In reply to Vishwajeet Kumar.

This is a norm. We can see provider like SiteGround is also offering a lower rate during your initial sign up but the renewal price is back to the regular price.

Same goes for Godaddy domain name. It's cheap on your entry but when it comes to renewal, the price is much higher than any other providers out there.

The new plan comes with only a free domain for the first year while you can get a Free lifetime domain name from other providers.