Lucknow Properties for sale - Plots for sale in Lucknow -Lucknow real estate news- maa kaamakhya properties

Here is the latest updates for Property and Real Estate in Lucknow:

The real estate in Lucknow is reaching sky high, the recent announcements of infrastructure projects such as Lucknow Agra Express-way and  Lucknow metro have made investors across the nation to park their eyeballs on this city.

As of today, all most every major property developer operating in North India has its at least one real estate project based of Lucknow City.

The capital city is known for supporting an array of small scale industries, from rich handlooms and handicrafts to sugar and leather, and also the recent announcement by the Uttar Pradesh Government’s to setup knowledge industry by allocating  Software Technology Park and the Biotech Park in Lucknow, could be just anpther reason to have this sheer inflow of reality  investors i nthis city.

It seems that success of Noida reality could be replicated in Lucknow, and the state government is supportive of private participation in infrastructure.

Everyday there are new townships and colonies launched within Lucknow, its suburbs and along the highways to Sitapur, Faizabad, Sultanpur, Rae Barelli, Kanpur and Hardoi and it seems that these development would soon transformthe face of this old calm city to a vibrant cosmopolitan.

Here are few latest Lucknow Real Estate News Coverages:

From : http://www.gharabari.com/


‘Real estate development and focus on affordable housing will keep growing’


Lucknow: Dewan Housing Finance Corporation Limited (DHFL), India’s second largest private sector housing finance company, is bullish on the housing finance market in Uttar Pradesh.

The company is targetting 150 per cent growth in loan book in the state, against Rs 400 crore to Rs 1,000 crore by March 2016. It also targets to expand its footprint to 30 locations from 16 at present. “Uttar Pradesh is a big market for home loans and has a lot of untapped potential in its Tier II and III towns,” DHFL President and COO Deo Shankar Tripathi told Business Standard.

Citing a National Housing Board (NHB) report, he said by 2022, there would be a shortage of 110 million dwelling units in India compared to 63 million currently. Of the current shortfall of 63 million units, urban and rural areas are projected to account for 19 million and 44 million units, respectively. Of urban dwelling unit shortfall of 19 million, UP, Madhya Pradesh, Rajasthan, Karnataka, Tamil Nadu, Maharashtra, West Bengal and Bihar account for 70 per cent.

This clearly showed the potential for housing finance in these regions, including UP, which has the largest population amongst all the states, he noted.

Commenting on the central government plan to develop 100 smart cities across India, Tripathi said it would be a booster to realty and in turn give impetus to housing finance.

"We have already increased our presence in some of the proposed smart cities," he informed.

DHFL loan book outstanding grew 25 percent to Rs 44,742 crore in July-Sep 2014 quarter against Rs 35,805 crore in the corresponding quarter of previous fiscal.

Almost 70 percent of its advances happened in the top 15 urban centres compared to about 85 percent three years back.

"This clearly indicates housing finance market is slowly moving towards smaller centres," Tripathi underlined.

From Ndtv.com : The best Property Options in Lucknow 

In the videos below you could see a ndtv coverage of property option available in Lucknow with experts commenting 
http://www.ndtv.com/video/player/the-property-show/the-property-show-real-estate-options-in-lucknow/232283 

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