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RESIDENTIAL APARTMENTS/FLATS IN LUCKNOW – TopPropMart

There are various localities in Lucknow where residential market is growing and has a huge demand. Multi-storey apartments are available in areas like Shaheed path, Faizabad road, Gomti nagar, Mahanagar, Kanpur road, Jopling road, Vibhuti khand, Sushant golf city. MI Rustle Court is one such residential apartments in lucknow with the price of Rs 74.9 lakhs, area being 1452 sq ft and 2 bhk apartments. Residential flats are coming keeping in mind the requirements of investors and providing the best amenities to them. New age technologies along with all comforts are kept in mind to give the best experience to investors for residential flats in Lucknow.
The price ranges between 2 lakhs to 2 crores.In Lucknow, the locations of residential apartments lies in Gomti nagar extension, Faizabad road, Dewa road, Vrindavan Yojana. The number has always increased because of many residential properties coming in Lucknow. The city has developed when it comes to real estate industry, so the people who buy residential properties in Lucknow have got high returns on their investment. The areas of these residential apartments are Faizabad, new jail road, sitapur road, jankipuram, niralanagar. One should have a budget in the range of 22 lakhs to 2 crores. One expects all modern amenities and spacious property along with decent locality for residential apartments. Residential plots are available in areas jail road, Deva road, Gomti nagar extension, Jankipuram, Mohanlalganj, Kursi road, Indira nagar, Ansal API Golf city. The prices range from Rs.3000 per square yard to Rs.60,000 per square yard. An investor can get a good ROI when buying residential property in Lucknow as the industry is seeing ample growth in the city with many new projects coming up. To know the best residential property deals visit TopPropMart

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HOW TO INVEST IN REAL ESTATE WITHOUT BUYING PROPERTIES

The trend in real estate has evolved with time. To fetch high returns on investment people are investing in commercial properties. Earlier people used to invest only in residential spaces but now it has changed. To get assured rental income people are not investing in just one commercial project but in several small budget projects. Virtual space is the talk of town now. Virtual space investment means the space being registered in investor’s name but he does not have its physical ownership. The biggest benefit here is that the investor does not have to think about maintenance of the owned space. After completion of its construction, the owner starts getting its rent. Virtual space is actually an office space which is rented out to different buyers. At any point of time the investor is free to sell the property. It offers varied use of commercial development like restaurants,food courts, offices, rentals, spa. There is a better growth of return in such investment.

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REAL ESTATE COMPANY IN LUCKNOW

Real Estate Company in Lucknow

The real estate in Lucknow has shown an enormous growth in real estate sector. In terms of infrastructure and metro the city is developing. Lucknow real estate market has become attraction for NRIs as well as it offers a sizeable ROI. Lucknow real estate has made a mark in localities like Hazrartganj, Butler colony, Charbagh, Hasanganj.

Lucknow real estate is budding with projects developing in areas like Jankipuram Extension, Gomti nagar extension, Mahanagar, niralanagar. Amausi, Sushant Golf city have maximum properties for sale. The real estate properties in Lucknow have shown a rental yield of 3.98 percent according to a market research done by makaan.com. The villa projects or independent houses comes in a budget range of Rs52-60 lakhs. There are approximate 2800 projects in this category. Market researchers are of the view that key areas could get one a sizeable rate of profitability or ROI on account of the city’s development.

Lucknow is one of the fastest growing cities in India. There are many real estate companies in Lucknow coming up and some are well established in the city. DLF is one amongst many who have placed themselves really well in terms of commercial and residential projects both. Shri Balaji Constructions Company is one such real estate company in Lucknow which was started 10 years back and serves large and medium category of projects. They are best known for commercial office spaces, villas and plots.In Lucknow, Eldeco is also one of the forerunner real estate companies which marks its presence in many other cities of North India. It has successfully delivered around 175 projects spanning across malls, townships, office complexes. It is one of the most trusted real estate companies in Lucknow gaining the trust of many investors.  Rudra Real Estate Pvt Ltd is one of the developing real estate companies which has fused traditional and modern techniques in their business.

Lucknow is blooming with real estate companies and has become a great attraction for investors.

In Lucknow, Real estate consultants have shown a tremendous growth with real estate companies understanding the concept of consulting the investors. GN Real Estate & Infra Housing Pvt Ltd is one such company who understands the requirements of investors and customize according to their requirements. Saurabh Land Square Private Limited is another real estate consultant in Lucknow who thinks of real estate more than just buying or selling a property.

TopPropMart has been growing as investors look for guidance before investing money. The consultants give honest advice to investors before buying a property. Real estate property dealers has picked up a great pace as investors considers it a wise decision to consult them before investing. They help in making a good financial decision towards buying a dream property. Trust is very important when buying a residential properties in lucknow. Real estate consultants have been successful in consulting clients to make a good purchase. For best residential property deals, visit Toppropmart

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PERKS OF INVESTING IN LUCKNOW

PERKS OF INVESTING IN THE CITY OF NAWABS

The city of Nawabs, Lucknow has developed tremendously in all areas especially in real estate sector. There are various reasons why one should one invest in this city. The Town and Country Planning has estimated that approximately 197 villages will be brought under the Master Plan 2021. So it is speculated that many residential properties will be developed in these locations. Faizabad road, Sultanpur, Raebareli road will not be far behind when it comes to commercial properties. An approval has been done by LDA for the construction of 150 metre wide ring road to popularise private projects in the city. There will also be a development of Knowledge park between Mohan road and Jail road having higher education and coaching institutions in its vicinity. The development of metro in the city will be an impetus for the growth of real estate corridor. This will surely prove to be beneficial for the public. Various townships and IT city spread over an area of 100 acres is being developed by ACL technologies. Lucknow comes second in the list of Smart cities given by the Centre. Assistance and funds will be provided by the Centre. Multi speciality hospitals are being set up in the city which makes it a medical tourism spot. These were some of the perks to invest in the city.

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CO-WORKING SPACES: A NEW TREND IN THE INDIAN MARKET

A joint report by JLL and Confederation of Indian Industry said that net absorption in commercial segment is expected to exceed 39 mn sq ft by 2020. There has been a huge demand for co-working spaces in the recent times and few reports highlights that absorption by service providers is tripled to 3.44 mn sq ft in the period January-September 2018. In the year 2017, the co-working space was 1.1 mn sq ft. The co-working sector has doubled to 10%. According to the report vacancy declined to 13.7% in the period July- September 2018. The office sector will gradually come down in the mid term (2018-2020). Companies in the industrial segment in the cities like Bengaluru, Delhi-NCR, Chennai have been showing keen interest in office spaces. Mumbai and Pune are no far behind. But interest has been shown more for the co-working spaces. The share of co-working sector went up from 4% to 10% from last year. According to Ramesh Nair, CEO and Country Head, JLL India, the preference for co-working spaces will rise substantially in the coming years, especially in the cities Bengaluru, Mumbai due to availability of infrastructure and a startup culture. Tier II and tier III markets will also catch up soon.

The report states that large demands for co-working comes from big corporates(40-45%), then comes small-medium enterprises(35-40%), the last being start-ups(15-25%). The co-working spaces helps in cost reduction by 25% in cities like Delhi-NCR, Bengaluru, Mumbai and Pune. According to Sandeep Sethi, MD, Integrated Facilities Management- West Asia, JLL India, the commercial real estate will have to buckle up to match the technology disruptions affecting the way companies are conducting their businesses globally. FinTech startups have promoted low cost office spaces with modern technology infrastructure. E-commerce players are also considering co-working spaces now for cost savings. The new standard of holistic Wellness for office buildings is gaining momentum. The concept aims to address the wellness of employees at workplace.

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UPCOMING COMMERCIAL PROJECTS IN LUCKNOW

The main locations of upcoming commercial projects are rajajipuram, gomti nagar, Sushant golf city, gomti nagar extension.

Rohtas Summit is one of the commercial project of Rohtas in Lucknow It has office spaces in Vibhuti khand, in the range of 93.6 lakhs to 4.14 crores. The project is equipped with security service and other modern amenities. Ansal API Shopping Square is located in Sushant Golf City. It is a ready to move property having 50 units in total 5 floors. Levana Cyber Heights, a commercial project of Levana Group is in Vibhuti khand area, with 90 units in total 9 floors. It is ready to move with resale price of Rs 1.45 crores.Omaxe has its commercial project coming which offers commercial space, serviced apartments and commercial shops. It is under construction and the possession year being 2022. Shalimar Corp is coming with Shalimar Iridium in Vibhuti Khand, the launch year being 2020. One Place The Fateh is a commercial project of One Place Group. It offers commercial shops, office space, having 239 units. These are the projects to look out for.

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UPCOMING RESIDENTIAL PROJECTS IN LUCKNOW

The city of nawabs, Lucknow has been progressing when it comes to residential projects.

The introduction of Metro in Lucknow has taken Lucknow to a next level when it comes to Real Estate.

The main areas include Shaheed path, Gomti nagar, Faizabad Road, to name a few are being developed to the next level.

Big Real Estate Brands like Omaxe, Rishita, DLF, Ansal, Emaar, Shalimar, Experion are coming up with many new projects both Commercial & Residential. It comprises of 2BHK, 3BHK & 4BHK apartments. The location of these properties are attractive enough to lure the Investors.

These developers have their existing projects still for sale, still they are coming up with new projects because there is a good scope for Investment in Lucknow. People are moving in from the Eastern Belt of U.P.

 

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Options For Rental Properties In Gurgaon

Gurgaon has become the sought-after realty landmark for real estate investment. This is mostly because of a surge in rental yields. Many MNCs and big corporations are paving their way to this expensive city. This has led to an increase in the population of working professionals who are looking for affordable properties. Dwarka Expressway is a standout against other areas in Gurgaon with expanding realty opportunities. Here, many options are available for 2BHK and 3BHK properties with INR 10000 per month. Anyone having personal vehicle can think of living in this area as public transport is a problem here. In the area Sushant Lok, 1BHK properties with the carpet area of 300 square feet is available here costing INR 7000 per month on rent. The rate of properties here are expected to rise due to its proximity to NH 8 and Huda city centre metro station. There are studio apartments available here which are mostly preferred by IT professionals and bachelors. Its closeness to restaurants, hospitals has made it attractive to investors.

Sectors 56 and 57 are also in great demand because of its connectivity to Golf Course road, Golf Course extension road, IFFCO Chowk and MG Road. This is preferred by families more because of the local market and an environment of residential colonies. The rate of properties lies between INR 18 and 32 per square feet per month for 1 BHK apartments.

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Sohna Road: Blooming With Upcoming Projects

Sohna road has seen major developments in the real estate investing in recent times. It links Greater Gurgaon to Gurgaon. DLF Cyber city, Golf Course Extension Road are the areas in proximity to Sohna Road which makes it famous. Huda City Centre is the nearest metro station. There has been development seen in the sectors 33,38,47,48,49,66,67,68,69. Gurgaon and Manesar have reached their immersion point and this is why Sohna road is picking up its pace.

The commercial belt in this area is growing with many educational institutions, hospitals, malls situated in this stretch. There are numerous projects coming up in this area, be it ready or under construction projects. Developers are excited to announce residential and commercial projects here, which includes multi storeyed buildings, villas. The residential sector ranges from affordable to plush luxurious properties. The current rate is between INR 6500 and 11000 per square feet. The capital values in this region have soared by 8%. The rental return is an attractive point for investors. The rental yield has appreciated by 33% in the past three years. The rates of the plots in this area are expected to be on an average of INR 8400 per square feet and villas priced between INR 10300 and 17000 per square feet.

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Prices For Different Localities In Delhi NCR

Noida and Greater Noida have great choices for reasonable-priced properties. There are options for real estate investment in Noida-Greater Noida Expressway, in sectors 70,71,74,76,119,92,93. Cheap housing options are available in Gurgaon in sectors 34,57,86,92,102 and 103. In Ghaziabad, affordable properties are available in NH-24. Vaishali, Indirapuram, Kaushambi, Crossings Republic have good options as well. The best rising localities for investment in Delhi NCR are available in Sohna, Faridabad, Yamuna Expressway and NH 24. The properties in Sohna are cheap compared to other areas and is also closer to Gurgaon. Faridabad is upcoming. Many big infrastructure projects are decided to be planned here. In Faridabad one can look for areas Neharpur, Surajkund, Green Valley, Dayal Basti and NIT, the prices being between INR 4500 to 9000 square feet.

To find residential properties under 50 lakhs in Gurgaon, one can go for Sector 37C, 84,90 and 92. The rate per square feet is INR 5000 in these sectors. Sector 37C shares close proximity to proposed metro station and Sector 84 lies close to Manesar. There are many options for low cost residential properties in Noida. Noida extension, Greater Noida West, Sector 76 and 137 are the areas which can be considered in this regard. The price is INR 4000 per square feet. Investment in multi-storeyed apartments has been done by developers in this region.

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