Friday, October 31, 2014

Lucknow - One of the best city to invest in real estate 2014 Is it?

In a country like India, buying a home is also viewed as a great investment, as investors gobbling up properties over the last few years–when prices and mortgage rates were at the bottom and courtesy to various national level scams that enabled “riches” pour phenomenal money on real estate. This led the “rea estate” out of reach for real buyers.

This trend continued for almost two years and now as political landscape has changed things are settling and we see reality price almost stagnant from a year.

And now, with new leadership and development reforms we see in India, the   homes prices and rates ticking steadily back up, leaving more room for the actual buyers.

Lucknow, a city perceived as land of Tehjeeb and peace is now in the lime light for next most sought destinations for real estate investments. The recent announcements related to development of   IT City and commence of Metro rail service has caught the attentions of major realty players of the nations.

Lucknow has been on the hit list of people across the Uttar Pradesh as one favorite destination for settling down. The apparent reasons were its infrastructure, beauty, culture, people and food!

The public service officers and other elite class of Uttar Pradesh population has at least one address that belongs to the city.

Now with the recent infrastructure projects announced by Government have attracted the Leading Real estate developers like Omaxe, Ansals, Parsvnath, etc to chime in and grab the opportunity bubbling up in the real estate sector of Lucknow.


Here we present to you a few of the reason why we thinks, Lucknow is one of the best city to invest in real estate 2014 In India

#1- Still in Aam Aadmi`s reach:

The city offer homes that would be within reach for middle-class  Indian,  a 2 bhk could still me found  in a bracket of 10 -15 Lakh  in Lucknow.  The small and local developers that sprouted up recently in the region are coming up with some really good bargains 

#2 the 3 P, People, place and Price:

The life in Lucknow is easy, in a sense that you find acceptable level of sanity in majority of the native population in the city (Thanks to the deep rooted cultural values)), so chances of finding Good neighborhood are high.
The place in itself is worthy of applauses as it might be one of its kind city, which has at least one thing to please any kind of personality.
It’s a delight to a nature-walker ( kukrael and zoo ), countless parks, and river front to add.
For night owls, city has numerous Disc`s pubs and  other stuff
Movies and theatre, they say in Lucknow you could still get the Ticket to the first day first show on Fridays J
Shopping is a fun, Malls are at every corner of the city and window shopping is a unforgettable experience here.
It is not that difficult to survive in Lucknow, the low living cost provided the Metro level infrastructure is a distinct characteristic of the place, the food is tasty and still costs a fraction of what it would in other cities, whether it’s a veggy or non-veggy, both could gratify their taste-buds in just few bucks.
Vicinity to rural areas makes availability of fresh vegetables, fruits (Mango especially) round the clock.
Transport and stay options a way too cheap compared to other towns of similar level infrastructure.

Medical facilities are in abundant, just Google it for details 

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