Wednesday, 19 April 2017

Lucknow is the Residential and Financial center of Uttar Pradesh

Lucknow is the Residential and Financial center of Uttar Pradesh and Lucknow property market is one of the most attractive investment options amongst investors today. Presence of top real estate builders, world class construction techniques, state-of-the-art projects and good career options are some of the reasons. Also, there are several posh localities in Lucknow that make it a viable option for people to invest in Residential and Commercial Property and earn a good ROI.

Lucknow, the new commercial capital of Uttar Pradesh after Kanpur has a high and fast growing demand for properties. Also, it is a known fact that the Lucknow property market is Now expensive in the country. However, a large number of locations have emerged in the suburbs like Kanpur Road Area, Mohan Road Area that offer a perfect blend of comfort and convenience at pocket-friendly rates. Depending on the budget, developers are offering various features in their new projects.

Most home buyers in Lucknow look for smaller sized units - 2 and 3-BHK configurations because of the rising property prices. Witnessing the high demand for properties, developers in Lucknow launched more than 7 thousand residential units in the first three months of 2017. This large number is an indicative of the ever growing housing demand in Lucknow and its surrounding areas.

Also, a lot of NRI investments are seen coming to Lucknow. Foreign investors prefer Property in Lucknow with instalment Facility & Property in Lucknow with Bank LoanFacility from the investment point of view owing to the large number of property options like luxury flats, apartments, builder project, villas, penthouses, farmland and bungalows available to them.