Would you consider purchasing a property in a city that is modern and has a rich tradition as well? Lucknow is known for its legacy and is open to explore the future, a city where the real estate boom has just arrived and property prices have shown increased growth on short and long terms. Lucknow Real Estate Market is known for amazing infrastructure and affordable housing, be it Villas, 2bhk and3bhk flats in Lucknow or flats under 30 lakhs, and many more in the list.
You can consider investing in Lucknow, as the reasons are good infrastructure, quality educational institutes, health facilities, state of the art of shopping malls and multiplexes, which are the main desires. To add on – you will have great returns on investment.
Why is Lucknow’s Real Estate Market Growing So Rapidly?
- Land parcels available at affordable rates.
- Good employment prospects.
- World-class projects by reputed developers.
- Lucknow’s growing per capita income.
- Excellent Infrastructure.
Residential Real Estate in Lucknow has been growing exponentially in the recent past. The following reasons can be considered to the city’s impressive growth rate:
The city is surrounded by several small towns and related facilities. It has urbanized infrastructure and prospects of employment, it is also an attractive destination for the residents of the surrounding districts.
Lucknow’s growing per capita income has been instrumental in boosting the demand for residential realty. It has been increasing since the coming years.
The properties and houses in Lucknow and other cities are all LDA approved flats and legal.
Lands are available at affordable prices as compared to the metros. There are many reputed private developers in the market. Along with these developers, there is one of the best Real Estate Consultancy in Lucknow, Smart Infra Realty.
Excellent infrastructure, good roads, hospitals, educational institutions, and organized retail is also fuelling the growth of real estate in the region.
The Metro project has added importance to the real estate boom in Lucknow.
Main Causes of Concern are:
- Pollution of river Gomti
- Slums surrounding the residential developments.
Growth Factors:
Upcoming business parks such as Shalimar Corporate Parks, Omega, Pinnacle Towers that boost the commercial market, resulting in more residential transactions.
80% of the buyers are locals, while the rest are outsiders. The count is expected to increase due to the attractive deals in Lucknow and other cities.
Many upcoming malls reflect the growth of real estate in Lucknow. To add on, the connectivity is the highlight of Lucknow which connects all the residential areas like Gomti Nagar, Shaheed Path, Kanpur road, etc. This makes the residential flats in Lucknow, Villas in Lucknow, more approachable and affordable.
The Agra-Lucknow Expressway is linked to the Yamuna Expressway which enhances the link between Lucknow and NCR.
Energy efficiency and LED-based energy-efficient lighting are being introduced.
The latest technology has been incorporated to pave way for Smart city.
Many affordable houses are available for all classes – 2bhk and 3bhk flats in Lucknow, Flats under 30lakhs, Flats under 50 lakhs, 3bhk and 4bhk flats in Lucknow and many more in the list.
Many investors are actively investing their money in their second homes across Lucknow. The city is garnering attention every day and the need for lifestyle and wellness homes is growing.
Analysis of Lucknow Realty Market
Would you consider purchasing a property in a city that is modern and has a rich tradition as well? Lucknow is known for its legacy and is open to explore the future, a city where the real estate boom has just arrived and property prices have shown increased growth on short and long terms. Lucknow Real Estate Market is known for amazing infrastructure and affordable housing, be it Villas, 2bhk and3bhk flats in Lucknow or flats under 30 lakhs, and many more in the list.
You can consider investing in Lucknow, as the reasons are good infrastructure, quality educational institutes, health facilities, state of the art of shopping malls and multiplexes, which are the main desires. To add on – you will have great returns on investment.
Why is Lucknow’s Real Estate Market Growing So Rapidly?
- Land parcels available at affordable rates.
- Good employment prospects.
- World-class projects by reputed developers.
- Lucknow’s growing per capita income.
- Excellent Infrastructure.
Residential Real Estate in Lucknow has been growing exponentially in the recent past. The following reasons can be considered to the city’s impressive growth rate:
The city is surrounded by several small towns and related facilities. It has urbanized infrastructure and prospects of employment, it is also an attractive destination for the residents of the surrounding districts.
Lucknow’s growing per capita income has been instrumental in boosting the demand for residential realty. It has been increasing since the coming years.
The properties and houses in Lucknow and other cities are all LDA approved flats and legal.
Lands are available at affordable prices as compared to the metros. There are many reputed private developers in the market. Along with these developers, there is one of the best Real Estate Consultancy in Lucknow, Smart Infra Realty.
Excellent infrastructure, good roads, hospitals, educational institutions, and organized retail is also fuelling the growth of real estate in the region.
The Metro project has added importance to the real estate boom in Lucknow.
Main Causes of Concern are:
- Pollution of river Gomti
- Slums surrounding the residential developments.
Growth Factors:
Upcoming business parks such as Shalimar Corporate Parks, Omega, Pinnacle Towers that boost the commercial market, resulting in more residential transactions.
80% of the buyers are locals, while the rest are outsiders. The count is expected to increase due to the attractive deals in Lucknow and other cities.
Many upcoming malls reflect the growth of real estate in Lucknow. To add on, the connectivity is the highlight of Lucknow which connects all the residential areas like Gomti Nagar, Shaheed Path, Kanpur road, etc. This makes the residential flats in Lucknow, Villas in Lucknow, more approachable and affordable.
The Agra-Lucknow Expressway is linked to the Yamuna Expressway which enhances the link between Lucknow and NCR.
Energy efficiency and LED-based energy-efficient lighting are being introduced.
The latest technology has been incorporated to pave way for Smart city.
Many affordable houses are available for all classes – 2bhk and 3bhk flats in Lucknow, Flats under 30lakhs, Flats under 50 lakhs, 3bhk and 4bhk flats in Lucknow and many more in the list.
Many investors are actively investing their money in their second homes across Lucknow. The city is garnering attention every day and the need for lifestyle and wellness homes is growing.
An article by Nidhi Rastogi