Lucknow-based real estate company, Urban Axis Infratech Limited, has recently completed two stalled residential real estate projects Luvnest and Urban Woods- Phase 1 in Lucknow. With price ranging between Rs 60 lakh and 2 crores, the properties have recorded an exceptional demand from homebuyers within a short period of time.
Urban Axis’ first project, Luvnest offers 2 & 3 BHK flats and penthouses at Shaheed Path, Lucknow.
Urban Axis’ latest project, Urban Woods- Phase 1, is spread across 4 lakh sq. ft.
Speaking about the projects, Shashank Gupta, Executive Chairman and Managing Director of Urban Axis, said, “Both Luvnest and Urban Woods- Phase 1 projects were initially mired in legal problems but have been successfully bailed out by Urban Axis Infratech Limited to fulfil the home-buying dreams of the middle-class section. We are pleased to receive an outstanding response for both our projects, and we expect to sell the remaining few housing units by the year end”.