Benefits of Real Estate Investment in Lucknow for NRIs

Real Estate is that business that will never go out of demand. Speaking about the real estate sector in India has earned an important place owing to the relaxation of Indian economy. As India is in aspiring stage as compared to foreign counterparts, it has attracted both Indian and foreign stockholders and buyers. Our government policies and schemes have favored foreign investors a lot. Therefore foreign aspiring stockholders are willing to invest in the market and the flexible FDI rules are inviting and attracting them at the same time. India has recently seen number of foreign investors who are interested in investing in both residential and commercial infrastructure.

Investment in Real Estate

NRI Real Estate Investment in Lucknow has been observed at a huge rate. According to statistics, an estimated 31 million NRIs in over 142 countries have an approximate wealth of USD 1.2 trillion. The depreciation of the Indian currency has worked in favour of the foreign stakeholders. Capital appreciation has provided comfort of giving property on rent therefore more returns from the property. Although, the investment rate from residential property is low as 3% but over the years by renting it always would work favorably.  NRIs before investing in the market should take care of two points first the foreign exchange management act and second the tax law.

Real estate business in India has been beneficial for both the Indian as well as foreign aspiring buyers. Further, the high demands from the population have worked in the favour of builders. The main reason of the high demand is because of the high industrial growth in the region offering employment opportunities to masses. The region of Lucknow have seen a high demand from population as this is the important centre of commerce, finance, aerospace, education, technology, medicine and tourism. This metro city is accessible from every part of India through air, rail and road. Today’s Lucknow is an effervescent city covering 400 sq. km. with a rapidly growing population. It is all set for further growth now, as the demand for housing and development is rising rapidly.


Upcoming Residential Projects in Lucknow at Affordable Price!

Lucknow, the Golden City of India or Shiraz-I-Hind is considered to be the capital of UP. The city has been observed to attract number of the people in order to invest especially in the real estate segment as it is a city of many wonders that reflects not only its cultural charm and monumental overtures, but also its ancient aura of refined cultures. Being listed among the tier II cities it has become the next major destination for the realty sectors. As this city is famous for bringing new residential projects in Lucknow which comprises of affordable property in Lucknow. The city mixes traditional grace and contemporary elegance in an inimitable way. Today it continues as one of the important centre of commerce, finance, aerospace, education, technology, medicine and tourism. Witnessing the major development across all the sectors, Lucknow is witnessed to become the architectural heritage. Being ranked among the top ten fastest growing city, it is becoming the recommendable real estate destination.

Residential Properties

Paarth Arka, Paarth Aadyant is known among the upcoming planned affordable property in Lucknow which is having all the necessary features right at your footstep. They all are designed using the concept of providing luxurious lifestyle along with the fully air conditioned apartment. In order to provide with the excellent projects, the real estate builders are basically targeting the middle as well as the high-middle class people and based on that most of the upcoming new residential projects in Lucknow are launched.

When it comes to choosing a home, there are many factors that come into play before a final decision is taken by the prospective buyer. In addition to the developer’s credibility and architect’s excellence, what acts as a great convincing force is the bouquet of world class facilities available — the more the facilities for leisure and pastimes, the higher the attraction. At Paarth Aadyant and Paarth Arka, the entire integrated group housing project is replete with a host of world class facilities, which make life truly wonderful and refreshing every day that too at affordable prices.

Why You Should Prefer Owning a House?

Lucknow is known as the Golden City of India or Shiraz-I-Hind, which has been always known as a multicultural city and flourished as a cultural and artistic capital of North India. The reason behind buying 2 bhk flats in Lucknow is due to the fact that the city of many wonders reflects not only its cultural charm and monumental overtures, but also its ancient aura of refined cultures. The city mixes traditional grace and contemporary elegance in an inimitable way. Today it continues as an important centre of commerce, finance, aerospace, education, technology, medicine and tourism. This metro city is accessible from every part of India through air, rail and road. Today’s Lucknow is an effervescent city covering 400 sq. km. with a rapidly growing population. It is all set for further growth now, as the demand for housing and development is rising rapidly.

Owning a House

One should keep certain points in his/her mind when it comes to choosing a flat in Lucknow out of the wide variety available in the market which are as follow:

1. Location advantage and credibility of developer are as crucial as the price and aesthetics when taking the final decision.

2. Quality of construction, security and architectural finesse are important.

3. One must not overlook the availability of modern lifestyle facilities and abundance of greenery.

In addition to construction best practices and architectural superiority, several other attributes make flat in Lucknow an ideal residential enclave to have one’s dream home in. These include wide and well-lit roads, proximity to the main city, important landmarks nearby, abundance of greenery, landscaped aesthetics, ample parking space for residents and visitors, extensive parks and jogging tracks, and modern club with latest facilities for leisure and pleasure.

Today, almost all developers promise all of the above USPs, but very few actually deliver. Amongst these few Developers are companies that are duly complemented by the expertise of the renowned REPL Group.

Choose Real Estate for Investment, safer than Fixed Deposit

There are many different ways that you can choose to invest your money when you are trying to save and plan for your future, and the most popular method being investing in real estate property. So, to get maximum possible benefits out of your investments, invest in real estate property. If you want to get maximum possible returns on your invested money, then you must choose real estate as the best option and now a day the prices of real estate are too down so you can easily invest in one.

affordable property in Lucknow

Group Housing Projects Lucknow for instance will provide you with more choice due to which you get to realize additional benefits without going through any major issues. Reputed property agents will introduce you the flats for sale in Lucknow which will fit your budget and requirements.

Property in Lucknow shaheed path has now become zenith and the demand is still booming day by day. Owning property is very important, and when you deal with someone who is going to help you buy or sell a piece of property, you’d better find someone that knows what they’re doing. While investing in any commercial or residential space it is good to take the advice and help of a licensed agent. Property in Lucknow shaheed path are one of the most suggested properties by the real estate agents.

While investing in a residential space check and calculate the funds required for the property. Check the location of the building in talk and the future benefit it holds. The price rates which might get high in the coming years or the progress rate of the nearby areas play an important role in increasing the price of the site. Additional features in terms of flats, bungalows and housing societies need to be checked and kept in mind while going for a purchase. Seeking the help of a credible agent is always beneficial.

Where to Look for Apartments in Lucknow?

Changing the place where you are currently living in, is always difficult and much of a headache. But sometimes it is really necessary to change, whatever may be the reason – transfer, neighborhood problem, money issues, and any mishap, raising your standard of living or just want a change. No matter it is within the same city or to a different city, problems are always faced.

Apartments in Lucknow

Searching for an apartment in a developing city is much easier than a developed city or a small town. The reason being small towns do not have many options for apartments whereas a developed city is so crowded that availability of vacant apartment is difficult to look for. Lucknow being a developing city has many options if you are looking for a change, whether within the city or from another city. Apartments in Lucknow can be easily searched in many prime locations of the city namely:

  • Gomti Nagar Extension
  • Gomti Nagar
  • Raebareli Road
  • Amar Shaheed Path
  • Hazratganj
  • Jankipuram
  • Faizabad Road

Big projects are presently being worked upon in these areas to build dream homes for common people at affordable prices by the best builders in Lucknow. Like Paarth Infrabuild Pvt. Ltd has many projects currently running in Lucknow:

  1. Paarth Aadyant Group Housing project is coming up in Gomti Nagar Extension area of Lucknow, which is a commercial and IT hub of Lucknow.
  2. Similarly project Paarth Arya- ‘The Rising’, is Lucknow’s most elite neighborhood for those who live life a cut above.
  3. Paarth Mega Township is upcoming project on Kanpur Road.

These being one of the best builders in Lucknow, ensures that the location for these projects are very suitable and ideal. Availability of all basic and luxurious resources should be nearby as anybody wanting to live here should be able to settle down conveniently facing no problem. Development is on a high roll all over the city so availability of apartments in Lucknow is not a problem at all.Any change is a good change as it gives you a lot to learn and remember!

Why One Should Invest in Property in Lucknow?

Anybody who would like to make an investment has a question in mind, where to invest? The answer to this is property! Now the issue arises that where to invest in property? Certain things have to be kept in mind while choosing your location to invest in property. The main reason to invest in property is the future prospective of the investment. The future scope depends upon the following factors:

  • Geographic Location
  • City vs. Suburb vs. Rural
  • Neighbourhood
  • School District
  • Proximity to Work
  • Safety
  • Research the Neighbourhood
  • Visit During the Day and at Night
  • Who Are Your Potential Neighbours?
  • “Keeping Up with the Joneses” Factor

Properties in Lucknow

One of the most suitable cities for investment in property keeping in mind these factors is Lucknow. Lucknow being a developing city in terms of property, Real Estate developers in Lucknow are putting a lot of their efforts, money and time in Lucknow for developing the infrastructure to raise the standard of living. People are investing a lot of money for buying plot in Lucknow and residential properties in Lucknow as there is a scope fo good future. Some of the Real Estate developers in Lucknow namely Parsvnath, Omaxe, Paarth Infrabuild, Rits builders,Eldeco and more are constructing huge structures. There are so many locations in Lucknow which have a tendency to shed out great benefits for investments:

  • Mahanagar
  • Hazratganj
  • Aminabad
  • Kaiser Bagh
  • Janakipuram
  • Sitapur road
  • Indiranagar
  • Gomti Nagar

Construction Projects are running at a very high pace in these areas.No doubt that Lucknow is a suitable place to invest in real estate because it will definitely give promising results. If one wants to reside in Lucknow then also it is a very good decision because Lucknow is one of the most beautiful cities in India because of its culture and historical places to visit. Residing in Lucknow is itself a delight as the environment is really peaceful and homely!

So take a wise and profitable decision and invest in Lucknow!

Worried About Relocation/Transfer?

People are often relocated or transferred from city to city because of work. They have to face a lot of problems such as place to live, transportation, nearby markets for basic need, places for shopping, places for entertainment, places to visit etc. Because relocation does not only involve moving of living and working place but the whole environment, style of living, regular habits, routine, social groups, mindset also gets affected by the whole process.

Residential Flats

But out of them all, first and the main issue is to find a place to live. If you are being relocated in Lucknow, then you need to worry less about this because there are a lot of options of property for sale in Lucknow. There so many upcoming areas that are being developed by top builders at suitable areas for living as well as investment purposes. Localities like Gomti Nagar, Hazratganj, Alambagh, Faizaroad, Amar Shaheed Path are some of the areas that can be considered for buying as well as renting a 2 BHK Flats in Lucknow. These areas have good standard of living, friendly environment, availability of resources and basic needs like schools, hospitals, markets, entertainment places nearby only. Thus making them a perfect area to look for nice affordable apartments in Lucknow. Other than a friendly environment, Lucknow is a beautiful city as it has many places to visit and food that is famous all over the world – Another problem that gets solved if you are relocated in Lucknow.

If you are being relocated from a metro city such as Delhi, Mumbai, Kolkata etc, and then you will find the property cost, apartment cost, basic good’s cost very less as compared to your previous city. If you compare to big cities then for the cost of 1 BHK in Delhi or Mumbai, you can easily get a 2 BHK flats in Lucknow. Even if you are moving from a small town, the property for sale in Lucknow is very affordable.

So you definitely need not worry if you are relocated in Lucknow!