Lucknow, the former city of nawabs is the capital of Uttar Pradesh. A city resplendent with culture and monuments alike, Lucknow has that dreamy charm of the past with its archetypical architecture and gorgeous monuments. In addition to that, the city has seen a beautification drive in the recent years that has made it look more beautiful than it already was. The business scenario in the city is picking up to the extent that the city might be said to be at the epicenter of economic activity in the state. Besides, reputed institutions like the Indian Institute of Management and Dr. Ram Manohar Lohia National Law University are also located in the city.
Given all the above circumstances, Lucknow has witness a massive upsurge in demand in terms of property and land. The city centre is completely cramped and congested and residential flats in these areas are priced exorbitantly. In such a situation where does one find property for sale in Lucknow?
The answer to that question lies in the suburbs. The city authorities have realized the population load on the city and have thus branched out infrastructure facilities to the suburban areas. These suburban areas are now experiencing a lot of construction and development of newer properties. In fact, these suburbs are one of the few areas where one might find a property for sale in Lucknow.
These areas are now sporting residential projects sprouting up frequently with apartments ranging from 1bhk to plush condominiums and even bungalows! However, the demand for a 2 bhk flats in Lucknow is more than say a 1 bhk flat or a huge 4bhk apartment, given the recent rise in nuclear families.
Besides, these flats and apartments are not just for residential purposes. One might invest some money in one these flats and watch his money grow over time. This is because Lucknow’s fast urbanizing landscape is sure to increase the property value of the existing properties.
So, if you need to invest in a 2 bhk flats in Lucknow (or even a 1 bhk or 3 bhk flat for that matter), the various residential projects coming up in suburban areas near Sitapur, Hardoi etc. seem to a very good bet.