Lucknow sets to become a hot realty hub

Lucknow is all set to become a hot realty hub. The capital city of UP has been witnessing an appreciable growth.
Lucknow termed a better home and investment destinations.

Lucknow termed a better home and investment destination.

LUCKNOW: Realty booms where there is good infrastructure and connectivity. This is common. This is the same thing what happens in Lucknow now.

The city is growing very fast. If it continues to grow like this, then there is no doubt, the city will become one of the most sought after cities in the country.

However the builders are rushing to the Capital city of UP now to purchase lands for development. Why do they rush? They do have to rush otherwise they are sure of losing a better chance to gain higher returns.

Lucknow, with proposed IT city and international stadium, has become more favorite destinations for both the investors and the end –users. With the launch of IT city more people will be getting jobs in the city. Continue reading

After Affordable housing, it’s Luxurious housing’s turn

Luxurious house in Port Douglas
Photo by Saga A’xeron
After the success of ‘Affordable homes’, realtors are now moving towards the launch of luxurious housing. The demand for luxurious houses indicates that there is big scope for realtors there.

With this increase in demand, many developers including Ansal API, Unitech, DLF, Emaar MGF etc are jumping into this business and plan to launch huge number of housing projects within next six months, where the cost of each single unit will be over Rs. 2 cr.

According to the executive vice-chairman and managing director at Emaar MGF, Shravan Gupta, since the recession period is over and job market is looking up, there are chances of realty boom too.

Within six months, cities like Punjab, Gurgaon, Bangalore, Hyderabad and Kerala will be overloaded with such projects.