Lucknow has lately become the hotbed for investment. According to the Ministry of Urban Development, the city has witnessed significant growth in the real estate industry. With a wide range of investment properties and a highly competitive price range, investors are keen to buy a residential property in Lucknow.
With the help of well-established developers offering world-class residential deals, the city is becoming the prime hub for residential properties. Well-developed infrastructure, educational institutes, and state-of-the-art shopping complexes and malls favour the city. Several investment zones are offering you double digits appreciation in no time.
However, you must figure out which locality would suit your preference. To help you sort that, we have compiled a list of significant land in Lucknow.
Lucknow IT Corridor:
This Corridor is a full stretch between Faizabad Road and Sultanpur Road. This currently is the most preferred area among Real Estate Companies in Lucknow.
The Corridor offers a plethora of residential and commercial plots/ land of varied sizes and affordable prices. The main factor for increased demand here at Corridor is strategic planning, excellent connectivity, and developed social infrastructure. The Corridor covers these areas for residential plots/lands: Indira Nagar, Shivaji Puram, Gomti Nagar, Gomti Nagar Extension, Sultanpur Road, Faizabad Road, and Shaheed Path.
The Primary demand is the Gomti Nagar extension. This is the best residential area with broad, well-connected roads and excellent connectivity via the Lucknow metro.
Here are the Leading plot projects in the Lucknow IT Corridor
Vatican City- 600 – 5000 sqft- 3 Lac – 25 Lac
Sapphire Royale- 2400 – 3200 sqft- 48 Lac – 80 Lac
Madhav Greens-1000 – 1452 sqft-14.5 Lac – 24.6 Lac
Nishant Green City – 800 sqft- 9 Lac onwards
Anam Homes -1000 sqft – 16 Lac onwards
Lucknow Airport corridor:
Another one of the significant segments in the south of Lucknow. The main reason behind the rapid growth of real estate is the Chaudhary Charan Singh International Airport. Here are Leading plot projects located along the Lucknow Airport Corridor.
Omaxe Metro City -1746 sqft -29.8 Lac – 1 Cr
Trustus Town- 1000 sqft -9.5 Lac – 10 Lac
The Villagio -1000 – 10000 sqft -6 Lac – 60 Lac
JMD Residency Phase I -1000 – 1500 sqft-8.5 Lac – 11.3 Lac
You will find well-developed social infrastructure with reputed educational institutions, including Sanjay Gandhi Postgraduate Institute of Medical Science, Delhi Public School, Babasaheb Bhimroa Ambedkar, and many more. Another reason why people prefer this Corridor is because of the region’s economic development.
Lastly, this is the right time to take the step as the city is giving momentum to the business and creating job opportunities more than ever before.