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
