Property in Lucknow, Real Estate Lucknow

Lucknow the capital of Uttar Pradesh is strongly emerging as a property hub. Lucknow is home to various small scale industries, handlooms, and sugar and leather industries. The city has seen good development in software and technology when the Software Technology Park and the Biotech Park were set up in Lucknow.

There has been a paradigm shift to a more modern Lucknow. New areas are emerging up in Lucknow. The Sitapur, Faizabad, Sultanpur, Rae Barelli, Kanpur and Hardo highways are seeing constructions in full swing. The Gomti Nagar, Mahanagar, Janakipuram and Indiranagar are growing with commercial. Hazratganj and Kapurthala also have lots of commercial complexes.

Residential properties in Lucknow are coming up majorly in Alambagh, Aminabad, Chowk, Kaiserbagh, Indiranagar and Gomti Nagar. Various property groups as DLF, Omaxe, Sahara, Unitech, Ansal API, EmaarMGF, Parsvnath, Eldeco, Uppals and Chadhas have come up with projects in all ranges and variety here. Lucknow real estate is a booming sector. The market is giving good returns in the past 2-3 years and investors have been able to harvest around 20-40% returns. The property prices in Lucknow are affordable and low compared to other cities as Delhi and Mumbai and profits are decent.