Lucknow, popularly known as the city of the Nawabs, is rich in its food, culture, and, most importantly, its diverse etiquettes. In recent years, the city has undergone drastic changes.
Now, Lucknow is no different from other cities in terms of lifestyle, investment, and institutional development. From a start-up culture to becoming a hub of IT companies and industries, Lucknow is jumping out of its comfort zone. The city has also seen rapid growth in the real estate industry as well.
Here in this blog, we will talk about why investing in property in Lucknow can benefit you in the future.
Well-planned development: In recent years, Gomti Nagar and Gomti Nagar Extension have experienced rapid growth in terms of residential development in Lucknow. One of the important reasons to choose these sought-after areas is it gives you a more comfortable lifestyle. The entire area is well planned and has made it hassle-free for commuters to travel anywhere in Lucknow in less time with excellent connectivity.
More excellent connectivity: Gomti Nagar Extention is well connected to different parts of the city. The highway connectivity to Airport and Railway Station has made it easier for the commuters and has even reduced the travel time. In the coming years, metro development in the area will be an added advantage for commuters.
Social Infrastructure: Gomti Nagar Extension comes with everything that any residential address would need. Janeshwar Mishra Park is one of them; the park has a massive footfall and has been a major attraction among Lucknowites. Also, the area has many of the best schools, like City Montessori School, DPS, and St. Francis nearby, along with the best health facilities. Not to forget, International Cricket Stadium, Phoenix Palacio, and the recently opened LuLu mall are easily assessable from Gomti Nagar Extension.
Affordability: Despite offering everything – from more excellent infrastructure to top-notch connectivity. The prices of flats in Lucknow are pretty reasonable compared to the city’s rest areas. Many real estate developers have come up with luxurious projects offering Flats in Lucknow, which are accessible and easy to live in. Ready-to-move projects near Ekana Stadium have affordable 2 and 3 BHK apartments with high-end amenities for your comfort.
Appreciating value: Ever since the Gomti Nagar extension area was launched, the prices of properties in the area have been appreciating annually. Even when other localities experienced a downward trend, the properties here in extension kept appreciating, probably due to world-class infrastructure and amenities availability. If not in Gomti Nagar Extension, you can check for other areas for 2 BHK Flat in Lucknow. It’s the best time to invest in a 3BHK flat in Lucknow, as property prices are expected to go beyond affordability for most people in the coming years.
Therefore, step out and look for a 3 BHK flat in Lucknow for investment as rental yields are also good, and with multiple employment opportunities, it is not tough to find tenants any time.