Lucknow, the capital of Uttar Pradesh and known as the city of Nawabs, is rich in culture and food. It is quite famous for its unique intellectual environment and diverse etiquette. Recently, the city has undergone several transformations.
From a modern start-up culture to an epicenter of IT companies and industries, Lucknow is shedding its traditional garb. Growing in terms of lifestyle, investment, and institutional development, Lucknow now sees a progressive path for the real estate industry.
The city has huge potential to be used as a location for real estate investment. Adding to the unique grandeur of the city, real estate companies are constantly building various large residential and commercial complexes. In addition, the city has many opportunities to explore and currently has a famous market for real estate investment.
But why is that? This blog talks about the various reasons that make Lucknow suitable for real estate investment. Are you one of the investors who are looking for opportunities to invest in Lucknow but haven’t decided yet? Then read on.
As stated earlier, Lucknow is the capital of the state and has become the epicenter of all major development activities. As such, it is also considered one of the fast-paced smart cities in urban development.
The city should see further developments in the coming days. It is currently undergoing major infrastructural development of renovation of Charbagh railway station, construction of a new airport terminal, bypass project to divert congested traffic and various others.
You would like to know that Lucknow is undergoing most of the development projects in the entire UP. Such developments provide more impetus for businesses and industries to flourish and welcome more employment opportunities.
Lucknow city is the heart of Uttar Pradesh which is connected to five major highways. The five highways in Lucknow are Lucknow Kanpur Road, Lucknow Raebareli Road, Lucknow Faizabad Road, Lucknow Sultanpur Road and Lucknow Dewa Road.
These luxurious spaces are suitable for investment and will provide you with all the luxury you need. Whether you need water, electricity, school, universities, transport facilities, fruit and vegetable markets, shopping malls, etc., you don’t have to worry at all.
These essential and luxury needs in these areas are met within your budget and satisfaction. What could be better?
Commuting facilities in Lucknow are quite extensive. Cities are linked by rail, road and air networks. The metro rail network enables the experience of local transport in the city, making the facility even more efficient and faster. In addition, it is more convenient locally.
Major highways NH25, NH28 and NH56 are located in the city. In addition, the Chaudhary Charan Singh International Airport accommodates the landing and takeoff of hundreds of flights.
Lucknow is the epitome of educational institutions. Several renowned schools, colleges, and universities are located here. While the infrastructure and industrial growth of the city are growing at a rapid pace, the number of good educational institutions is also increasing.
While the existing reputed schools are being upgraded in various sectors to go through the changes in the surroundings, various new schools are emerging with providing premium education to the students. Schools like Indus Valley Public Schools are expanding their branches in different parts of the city.
In addition, the city has various government educational institutes such as the Indian Institute of Management (IIM-Lucknow), National Law University Dr. Ram Manohar Lohia, Lucknow University (LU), and Institute of Hotel Management Catering & Nutrition (IHM-Lucknow). ).
Apart from these, the city also has some quite famous universities like Amity University, Babu Banarasi Das University, Integral University, etc. These universities distribute quality education in various fields of Arts, Science, Commerce, Law, Information Technology, Biotechnology, Architecture, Medical etc.
Wrap it up
All the factors mentioned in this blog are quite driving reasons to invest in the real estate Company in Lucknow. If you are planning to buy a property in Lucknow then you can check Urban Woods or you can be sure that your decision will be based on the reasons that you have just come across in this blog. Various facilities and developments in Lucknow make real estate investment in the city a lucrative option.