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Property in Lucknow - Know More About Residential Properties for Sale in Lucknow

Property in Lucknow - Find best places where you can invest in residential properties in Lucknow. Get for all details of Lucknow property for sale online on SquareYards.com/Property in Lucknow

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Property in Lucknow - Know More About Residential Properties for Sale in Lucknow

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  1. PROPERTIES IN LUCKNOW

  2. PROPERTIES IN LUCKNOW Commercial property: the newly emerging commercial enclaves of the city include Gomti Nagar, Mahanagar, Janakipuram, and Indiranagar. The Shalimar Corporate Park, Pinnacle Towers, and other such commercial properties are ready to be occupied by IT companies. Hazratganj has held on to the centre stage, having acquired a large quantum of business in the city. Likewise, the Kapurthala Commercial Complex in Mahanagar is also drawing new office establishments. Office spaces at Hazratganj are priced at Rs. 45 to Rs. 55 sq. ft. per month, while MG Road commands much higher rates of Rs. 100 to Rs. 180 per sq. ft.

  3. Capital values fall in the range between Rs. 15,000 and Rs. 20,000 per sq. ft. Besides, Lucknow has now upgraded from the traditional retail markets of Hazratganj, Aminabad, and Kaiser Bagh, to the Fun Republic Mall and the Eastern Mall in Gomti Nagar and the Sahara Ganj on Shah Najaf Road. 8more malls are soon to come up. The prevalent rental values are Rs. 110 to Rs. 160 per sq. ft. Residential property: the metamorphosis of Lucknow can be attributed to the significant construction activities that have brought about an upsurge in the residential sector. While Hazratganj, Civil Lines and Mall Avenue continue to be exclusively residential neighbourhoods, colonies such as Alambagh, Aminabad, Chowk and Kaiserbagh are so congested that they hardly have any scope for development.

  4. Several reputed real estate developers have launched residential projects in Indiranagar and Gomti Nagar. Lucknow has been introduced to residential apartments by NCR based property developers like Omaxe, Eldeco, Parsvnath, Uppals and Chadhas. The new townships are characterized by stylish apartments and villas, clubs, malls, theme parks, hospitals, etc. Investors in Lucknow’s property markets have procured returns of 25 to 50% in the last 2 years. Parsvnath, Omaxe and Eldeco have developed residential properties priced at Rs. 1800 to Rs. 2200 per sq. ft., while Jankipuram and Indiranagar offer rates of Rs. 1200 per sq. ft. approximately. Homebuyers looking for reasonably priced property can target Hardoi Road and Sitapur Road, with rates hovering between Rs. 1000 and Rs. 1200 per sq. ft., and Rae Bareilly promises rates around Rs. 750 to Rs. 1000 per sq. ft

  5. Madhav Residency

  6. Europa Towers

  7. Rishita Mulberry Heights

  8. Excella Kutumb

  9. Emaar Orange Castle

  10. Paarth Aadyant

  11. Viraj Sun Breeze 2

  12. For More Info Visit @SQUAREYARDS.COM

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