29.11.12

Lucknow- Property and Location

Lucknow is famous as the city of nawabs. Older Lucknow has got all the charm of the world. It still has retained its old world charm and the ‘tehzeeb’ it is famous for. But its laid-back attitude doesn’t mean that one can live here only after retirement to spend the balanced days of their lives in peace. There is a new Lucknow coming up side by side in the form of Gomti Nagar, Indra Nagar, Vikas nagar, Chinhat and other neighboring colonies. 

Being the capital of the state of Uttar Pradesh, investing in real estate in Lucknow is an investment in a better future. These future implications have been recognised by many big builders resulting in a plethora of residential colonies having both Kothis and apartments coming up in various parts of Lucknow. The costs of these vary as per the location and area. 

As property is not something one invests in again and again, one should choose not only the property but also the location as per their nature:
  • You are a work alcoholic then look for a property in or in the neighboring areas of Hazratganj or Chinhat. Chinhat is being developed as the industrial area and Hazratganj is the office-hub of the city. Neighbouring areas of Chinhat are Gomti Nagar and Indranagar and those of Hazratganj are Mahanagar, Nishatganj, Husainganj etc. Gomti Nagar is also connected to Hazratganj. 
  • If you are a shopaholic and like to spend time in malls, then look for a deal in Gomti Nagar or Hazratganj. Both have got high-end malls and multiplexes, though the property in Hazratganj will be costlier. Traffic jams can be a nuisance in this area though so if you want to avoid them and still shop a lot then opt for a property in Gomti Nagar only. It has got wide roads and large parks, so will be the choice of those who love to drive.
  • If you are a shopaholic who likes to browse the old markets, then you should look for your dream area nearby Aminabad or Nakkhas. Street market of Nakkhas every Sunday is a treasure trove for those who like to collect antiquities on bargain deals. 
  • Lucknow is the veritable home for all the foodies. It is the land of Awadhi cuisine. Taste the non-vegetarian cuisine of Lucknow and you will be forever comparing the food you eat anywhere else with its cuisine and find them failing miserably. It’s a benchmark. 
  • For the educationist in you, Lucknow has got many major research institutes including CDRI, IARI, NBRI. It also has University of Lucknow and Ambedkar University and many degree colleges including I.T. College for girls, which has been the alma mater of several bollywood actresses like Parveen Bobby.
So whatever your taste may be, this is a city for all. It’s a city of families. Lucknowites are recognized by their way of speech all over India. Invest in a property in Lucknow today, whether it’s a plot on which you can get built a house of your exact specifications or a flat in one of those townships being built here.