Lucknow is a vibrant city known for its cultural specialities in music, dance, delectable north Indian food and even the popular embroidery style - Chikankari. The administrative headquarters of the state of Uttar Pradesh is the fastest-growing metropolis in India. The job opportunities attract people from nearby cities which has further inspired a whirl of economic growth in the area. This growth has also extended to the real estate sector of the region.
The city has observed a stark rise in property
buyers willing to invest in commercial spaces. The scope for growth
post-acquiring is quite high which makes it a perfect time to infest. When it
comes to real estate the location is of prime importance. From convenience to
better rental returns, a good location can sort many things for you. One such
location is Gomti Nagar Extension which the buyers should not miss out on.
Let's see how this location is fruitful for inventors and business owners
alike.
- Arterial Connectivity
The situation of this locality is supreme in
many ways. The arterial location of this place offers the residents many
benefits. First, the metro provides easy commutation for people at cheaper
rates. It is a fairly new and safer option that will be significant in the
coming time. The place is well connected with the nearby areas through the
intricate road network. The new ring road (which is a part of the master plan
and will provide easy access to many areas) will be passing nearby too. Lastly,
the airport and railway station are easily accessible via highway which reduces
the journey duration.
- Strategic Development
Gomti Nagar is amongst the best-planned areas
of the city. It is the place where people dream of having a home in Lucknow.
There is a rising demand for homes in this area. To prevent congestion in this
area, the Extension was introduced. Gomti Nagar Extension is the newer region
and is thus home to state-of-the-art facilities. With swanky roads, tree-lined
avenues and premium development, the place is the forerunner of a new Lucknow.
If you are looking to upgrade your living quotient or wish to invest in the
future then this location is your pot of gold. The novelty in this region has
been maintained well by the authorities.
- Robust Infrastructure
In today's time, infrastructure plays a vital
role in the convenience of people. For housing or commercial developments, this
location is great because of the solid infrastructure that surrounds the place.
Most social amenities and public services are accessible in a range of 5-7 kilometers.
Some of the best schools like CMS, DPS and St. Francis are nearby. IIM and many
other renowned universities for higher education are also located here. Ram
Manohar Lohia, the government medical hospitals and colleges and many other
medical institutes are located nearby.
- Budget-friendly & Profitable
The ideal combination when investing in an
asset is affordability and appreciation. This is exactly why property in Gomti
Nagar Extension has highly sought after. The future hotspot of the city can be
yours at an affordable price. The best part is that the locality is bringing
appreciating returns. The place will have higher returns in the future owing to
the remarkable infrastructure. Post pandemic the scope for price appreciation
has expanded. It should be kept in mind that the larger inventories have more
probability of popular brands using the space.
- Serene Landscape
The untouched calming beauty of this region
has been maintained through the efforts of the government. Located by River
Gomti is Janeshwar Mishra Park, the latest attraction of the town which is
located adjacent to the locality. The soothing pollution-free ambience in this
part of the city cannot be missed. With the ever-improving standard of living
in the city of Nawabs, people are now visiting malls and seeking
Overall, the area is perfect for making a
retail investment in the city. A recently launched venture Ekana Mall is in its
early phases is a perfect choice if you are looking to invest in the society
which is located right beside the Ekana Stadium. It enjoys all the
aforementioned benefits and is hence a golden opportunity one must not
miss.
Source: https://www.paarthinfra.com/blog/2021/02/15/how-good-is-gomti-nagar-extension-for-property-investment/
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