Enjoying the Township Advantage – Why Investing in a Township is the Way to Go?

Not sure if investing in a township is the right way to go?

As the real estate scenario in India evolves, the requirement for mixed-use development projects or townships are on the rise. Taking into account the economies of scale they offer, there is no doubt why they are becoming popular each year.

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Paarth Republic Goldfinch Township Project

Townships are typically developed on the outskirts of established cities, offering self-sufficient infrastructure along with civic amenities, making them an attractive investment as well as living option.

What is a Township?

Even thought he township format of development has been around for a while its approach isn’t exactly unified. This means that at any point of time, one can find development projects spanning 25 acres to as high as 2500 acres being touted as townships. That said, there are a number of states in India, where the planning authorities have laid down key prerequisites for any development project to be considered a township. Besides the size of the land, there are a few other requirements to take into account such as width of the road, percentage of land used, etc that need to be met.

Furthermore, depending on how big the township is, the project is expected to also provide a certain amount of social infrastructure and facilities. For instance, all townships must have schools and basic healthcare facilities. For townships over 1000 acres must also provide a college. All townships are expected to provide a community room and library, but only mega townships are required to offer a recreational club. Projects that are larger than 1000 acres are the ones that are often referred to as “integrated townships” because of their self-sustaining nature.

Why Consider a Township?

Projects such as the residential township in Kanpur road Lucknow cater to critical challenges associated with urbanization in India. They are able to overcome the issue of unplanned development and overcrowding to provide an impressive quality of residential as well as commercial properties. This means that potential home owners, investors, banks, retailers, convenience store owners, healthcare service providers, eateries and a host of other establishments find it attractive to move here.

Value for Buyers

In India it is common to come across a number of locations that are ideal for real estate development but miss the boat because of lack of supportive infrastructure. Integrated projects such as the residential township are the perfect solution for developers as well as investors. Investors find great value in parking their money on property that comes with ready civic amenities right at the doorstep. Since the responsibility of upgrading the social and physical infrastructure of a township lies on the head of the developer, end-users do not need to wait around for governments to make changes that typically take years.

Integrated townships work because of the economies of scale that they offer. Since there is mass development taking place in an area, the per unit cost of development and maintenance tends to be relatively low. This makes it a win-win situation for developers as well as investors.

Here are a few other benefits to consider residential townships –

  • Higher return on investment as there is simultaneous commercial development taking place along side residential projects.
  • Since the locations are typically in the outskirts of big cities, the initial cost of development is lower as compared to a central location.
  • Investors are able to benefit from a larger resale value of a property in a township as compared to a standalone residential or commercial building.
  • NRIs especially see value in investing in townships that are easily maintained while away, while also offering a significant chance of value appreciation over the years.

Townships are typically considered to be low risk investments because of the low entry costs and larger potential of appreciation.

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Investing in LDA Flats in Gomti Nagar Extension, Lucknow

The capital of Uttar Pradesh, Lucknow, is a major metropolis of India. The City of Nawabs, has always been recognized for its glorious past and rich culture, and is the second biggest city in central and north India after Delhi. With development touching various sectors, the real estate sector in Lucknow is being impacted significantly.

Current Real Estate Scenario in Lucknow

The real estate market in Lucknow is currently a ‘buyer’s market’ with a healthy mix of investors and end users in a 60:40 ratio respectively with majority of the investment activity prevalent in the new emerging locations like Gomti Nagar and Gomti Nagar Extension.

With recent governmental development projects, vibrant economy and top-class infrastructure, the future of Lucknow looks bright, particularly in real estate. So, this seems to be the ideal time to invest in the property market in Lucknow.

Major Developments in Lucknow:

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The Lucknow Smart City Project will focus on enhancing infrastructure such as roads, flyovers, underpasses, public transport, water supply, solid waste management, use of solar and renewable energy, energy efficiency, affordable housing, non-motorized transport, etc. Such significant investment in urban infrastructure and amenities is expected to boost the realty market. Some of the major developments that are coming up in Lucknow include:

Lucknow -Agra Expressway: It’s a 302 kms 6 lane road expandable to 8 lane connecting Lucknow to Agra via Kannauj, The expressway will get further connected to Yamuna expressway via express link thus reducing the travel time between Lucknow to NCR immensely.

Outer Ring Road: Outer Ring road is a 3000 crore project and it’s approved by the Lucknow Development Authority (LDA). This will connect all the major highways of Lucknow and thus reduce the traffic congestion of the city.

International Cricket Stadium: The International cricket stadium is being constructed on Shaheed Path in Gomti Nagar Extension in sector 7.

Lucknow Metro: The Lucknow Metro is being constructed in full swing and the phase one of Lucknow Metro has already been initiated which runs from Lucknow Airport to Charbagh. The lucknow metro is expected to significantly impact the realty market in Gomti Nagar and other adjoining areas.

IT City: IT City in chak gajaria farm is proposed and the 100 acre campus of HCL is under construction, it’s located on Sultanpur road, Lucknow. This will create large number of job opportunities and boost employment sector in Lucknow.

Shaan E Awadh: Earlier known as Connaught Place, this is a commercial project of UP Government located in Gomti Nagar Extension sector 7, This could also be a key attraction for real estate development demand in Gomti Nagar.

Dial 100 project: Dial 100 is a project by UP Government on the basis of Dial 911 in the U.S.A., It’s headquarter is being constructed and developed by PWD in Gomti Nagar Extension Sector 7.

Gomti River Front View: A lot of effort is being made by Lucknow Development Authority for the Beautification of the Lucknow Riverfront at Gomti Nagar. Initiatives are being taken to make this a major tourist attraction.

Real Estate Demand in Gomti Nagar Extension:

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Gomti Nagar and Gomti Nagar Extension jointly is the largest well planned developed township of India. The expected population of the township in 2021 will be touching 1,300,000 mark. Gomti Nagar Phase I, II and Extension are considered to be some of the hottest real estate growth corridors in Lucknow. Excellent social infrastructure together with commercial and retail catchments along with its close proximity to the Central Business District (CBD), are some of the major factors that are the driving force behind the real estate growth in this region.

LDA Flats in Gomti Nagar Extention

Given that the scenario for the realty market in Gomti Extension looks lucrative, it is a good idea for buyers to invest in LDA flats in Gomti Nagar Extension.

 

2 BHK Apartments for Sale in Lucknow – Try Your Luck and Grab One Now!

Everyone cherishes a wish to live in a house of their own and apartments try to fulfill this particular dream by providing the people with various styles of flats and that too with different specifications. Life has become a lot easier with these apartments, as you get a taste of posh lifestyle but at an affordable price. Though there are many companies offering many more options, yet it is wise to choose that name which has goodwill in the market.

In Lucknow as well, there are numerous dealers to help you struck a deal but before signing a contract, you should always inspect the whereabouts properly and check how the specifications are benefiting you. Getting an apartment is like a life-long investment; hence, you should be careful about your money and its usages.

The choice of place

Lucknow is an ancient city in India but it still has ample space left in it. If the real estate people design and plan properly, the city might have residential structures that will give shelter to many people. The builders are exactly doing that and an amazing merge of two worlds has taken place. On one hand is the calm charm of old world and on the other is the charged-up lifestyle of the fast-paced race. Amidst these two, the soothing ambiance is worth experiencing.

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Therefore, if you are seeking a small abode to enjoy your sweet slumber, then you will come across many 2BHK Apartments for sale in Lucknow. You can visit and then decide an option depending on which satisfies you the most. In a two-bedroom-hall-kitchen set up, a small family of four to five can fit easily if it positioned spaciously. In this scenario, the neighborhood also plays an important role, as you will require a proper and comfortable ambiance to thrive happily.

Various Projects

The economic condition of the people varies considerably and depending on that varies the kind of lifestyle one leads. The present real estate developers have understood the call of the time and that is why it has numerous plans thinking about the different strata of people. Very smartly, the company divided its projects into apartments and categorized it according to the benefits and price offered.

Each project is innovatively different from the other and thoroughly designed with its own specifications and requirements, which might fit completely with the need of another person. However, in every project, the developer gives its full effort and tries to make products a success with modern urban techniques and facilities.
Nevertheless, the experience is mandatory, as with age, one matures and vision becomes clear. This in turn helps to sail out for ventures that will surely make heads turn. One chooses his/her own house depending on the specifications but apart from there are certain basic factors which one needs to consider while buying any place.

Tips

Before hiring the 2BHK Apartments for sale in Lucknow, one should look for:

  • An amiable ambiance where the neighbors are there to provide helping hands
  • Proximity to all landmark institutions like a hospital, schools, offices etc
  • Proximity to the main road, markets etc. to save time.
  • Spacious garden or lawn for relaxation
  • Swimming pool, gym, sports etc. for rejuvenation
  • Well-furnished (if not), well-designed room with a superior quality of materials which long lasting.

Shelter is the basic requirement of a person, which he won’t be able to deny. Therefore, if you want to enjoy the luxury along with the serenity and security and that too within your budget, you know which place, to visit. So, happy homecoming!

Paarth Arka- Lucknow Gets a New Lifestyle Benchmark

Paarth Arka- Lucknow Gets a New Lifestyle Benchmark from Paarth Infra on Vimeo.

There was a time when establishing a building was a task but Paarth Infrabuild Pvt. Ltd. provided a new vision to rebuild the image of Real Estate in India. The conceptualization of this organization was an innovation in itself and they look forward to setting the benchmarks of innovation at all levels.

One of such creation is Paarth Arka which is building on the bedrock of trust.

For more information please feel free to call us on 18001025914 or mail us on sales@paarthinfra.com
Or Visit our site: http://www.paarthinfra.com/

How to Find the Right Real Estate Agent in Lucknow

Finding the best home for yourself and for your family can be an extremely demanding and stressful task. In case you are looking for an LDA flat in gomti nagar extension Lucknow, you can complete your house hunting with the help of an established and reputed real estate agent in the area. Choosing to scout for a home without external help of an agent can be very time consuming for you. Thus, it is advisable that you find the right real estate agent for you by following the below considerations:

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Search Online

With the growth of internet, almost all information about the best real estate agent in Lucknow can be found out on internet. In fact, an internet can provide you with whole lot of information that you may not be able to find otherwise. Once you get the list of top agents in your preferred society, you can read their terms and condition and other features to further filter down your request. Next you can try calling them and understand the available options and other necessary details about the properties available with them.

Recommendations from Professionals

Another important way to find out some of the leading real estate agents in Gomti Nagar is to discuss with your friends and office colleagues. Many a times, it is possible that your office friends are also looking for a similar space in the same locality and hence they can be a good source of information about all the agents available. Please remember that this is important information that you can rely on since it comes directly from someone you can trust upon.

Check the History

It is always recommended that you check the past-history of any real estate agent while searching for an LDA flat in Gomti Nagar Extension Lucknow. Please find out his establishment year in the local market, his overall experience and his service network. It also makes sense that you personally visit his office to check his credibility. Always prefer an agent that has several years of experience in the business and in your target area.

Market Knowledge

This can be other important criteria while selecting the right real estate agent for you in Gomti nagar. He should be experienced enough to give you a thorough snapshot about the local market and surrounding area. He should have complete knowledge about the neighbourhood, nearest local market, distance to public transportation and other necessary essentials. These things are quite important for you while moving into a new LDA flat in Gomti nagar Extension Lucknow. Also, his prior knowledge and business acumen can help you get the right deal with the seller of the house.

It is essential that you follow the above tips while selecting the right real estate agent for yourself or for any of your relatives. The role of the agent can be very crucial in your final movement and will help you get the right deal and the best option while choosing a house.

Grab 3 BHK flats in Lucknow – Add Essence to your Lifestyle

Shelter, food and clothes are the three necessities that any individual needs. But that does not mean that one cannot up his/her standard of living even if they can just because it is the basic requirement. Everyone deserves to live a happy and content life but the idea of that is not the same for each of them and that is what makes the matter all the more interesting. The basic needs can be the same but the wants are different. They vary from person to person. Though it is not possible to satisfy everyone as the desires might clash but still there is no harm in trying.
This is why various steps are taken to enhance the living condition of the people- construction of the residential flats is one such way. Though this might sound costly but luxury sometimes can be achieved within the budget as well and when such is the case then the fun also doubles. So, if you really want a peaceful abode and that too at a healthy rate, then you should start searching. The more the options, the more are the variations and the more the chance of getting hold of what you want.

Flat stories

Flats or apartments are of different types and styles, they have been made keeping in mind the different type of people that reside in the society. Depending on the requirements of a family, a particular flat is chosen. You can go for 3bhk or 2bhk or 4bhk flats as per your requisite and can happily set up your home there.
Lucknow is an old city but it has received the new shades and is rapidly grooming itself. Numerous apartments and housing complexes are being constructed to accommodate more and more people. And so, if 3 BHK flats in Lucknow is the point of your concern, then you can easily get your want satisfied.
• Designer building: You all have heard of designer clothes, similarly, the new complexes are designed smartly and aesthetically combining elegance and opulence that catch the fancy of the customers.
But while looking at the artificiality, the thought for nature isn’t neglected. The buildings are surrounded by ample amount of greenery that soothes the eyes. The landscape actually mesmerises both its residents and the visitors.

• Interior designing: Not only the exterior but also the interior has been designed with equal discretion. Presence of recreation room, gym, playground, swimming pool, auditorium etc. not only ups the glam quotient but also serves some necessary purposes.
Moreover, now these buildings are constructed with close proximity to hospital, school, market, transportation, highway etc. so as to act quickly during any emergency.

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Interior Decorations

It is not only enough to be externally aware of your house. Instead, you should always pay attention to minute details and specifications within to be alert of any impending problems.
• The exterior should be well finished with weather resistant paints, so that you don’t need to spend on their maintenance work every year.
• The walls, floors, ceilings etc. should all be properly fitted and strong. The styling should be as per the choice of residents and may vary from room to room.
• The kitchen and the bathrooms should be furnished carefully with anti-skid tiles to prevent frequent slips.
• Water supply and electricity should be timely and proper.
• The tiles and others elements used should be branded and of good quality, to make it durable. And the basic furnishings should be done.

Finding a 3 BHK flats in Lucknow is an easy job but one should always remember to make sure that the flat bought is not devoid of all these necessary things.
Have a happy settlement!

Own the Best Residential Apartments Houses in Lucknow – Pave Way to a Luxurious Life

One of the common dreams every individual lives today is building the dream home for themselves. We at Paarthinfra help you relieve the dream in reality.  Find out some of the best 1BHK, 2 BHK or 3 BHK with us. Partha Infra is popular in the construction business for a long period with projects in Delhi and other metro cities too. Owning a flat of your own is a big deal and a property worth spending is something, which we all look forward to. PaarthInfra offers some of the best luxurious homes in town. They offer a home with comforts of the world and the best technology available. Mr. Pradeep Mishra is driving the whole team of Paarthinfra and trying to encompass some of the best solutions together, just to ensure you the utmost comfort.

Live like a Nawab in the city of Nawabs – Lucknow

Lucknow the Nawab city is very popular for its historic monuments and the rich culture. Now a day the hottest topic is the upcoming housing projects. The new lifestyle the famous colleges everything is bring a lot of good scope for this place.  The last few years have seen a lot of changes, which includes a lot of new projects in different areas of the town. Some of the projects in the upcoming days are Paarth Arka, Adyantya & Nu. These projects are not only offers some beautiful views of the city but also adds up world class technological solutions for it clients.

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The projects are designed with utmost care and give priority to all your needs. The team of Parthinfra have specialized people from different backgrounds, which includes engineers, marketing, architects, designers etc. All these professionals work together to make Lucknow a better place to live in. Their projects, all engrossed with plush amenities, elegant designs and marvellous architecture are a welcome example of quality living. It is but likely that you also get inspired by the apartments this real estate magnate offers at such incredible cost.

The Team of Experts

Mr P. N. Misra has years of extensive experience and is willing to serve the cause of housing, infrastructure and related policy formation and development of National Level Infrastructure. Over 40 years of experience he is on consult with all the strategic and business decisions for the projects presently handled by Paarthinfra. Moving over, Mr. Pradeep Misra is presently holding the position of consultant director and is said to have expertise in development of Integrated Townships, Commercial Complexes, Hospitality & Healthcare, Hi-tech Cities and Smart Cities.

Special features of Paarthinfra:-

The projects are built on acres of land with all facilities of gym, medical, clubs etc. in a single platter. It provides round the clock power backup with proper ventilation and lighting.

  • Modern Lifestyle: The homes provide some of the best and modern technology under a single platform.
  • Contemporary Designs and Highly functional layouts: It helps you to live your life with grandeur and the comfort
  • Convenient lifestyle with perfect locations: Locations for Paarthinfra projects are the best one in town surrounding the green belt of nature around it.

Technical Specifications:-

  • Bathroom Fittings (Jaguar or equivalent ) with Towel Rack, Hair Dyer
  • Hot Water from Solar Panel / Gyser
  • Well-furnished home with wooden flooring and anti-skid tiles.
  • Plaster with POP punning and painted with pleasing shades of OBD