Thursday, 5 June 2014

Future of Lucknow Realty Market

Lucknow real estate market has gained momentum over the last couple of years. The city offers substantial potential for future growth and this is being supplemented by proactive policies of the State Government. The Authority has taken active initiative in the all-round development of Lucknow. Proper planning of the city's infrastructure and of amenities and utilities are being done to support future growth in the city. With numerous flyovers, wide roads, stylish malls and multiplexes, modern apartments, projected metro and influx of MNCs, Corporates and renowned  brands &  outlets along with the emergence of  educational, professional & medical institutions, Lucknow is witnessing a makeover and meeting the expectations of those who have a penchant for modern and international living. The city has also emerged as a major hub for business centers with immense market potential. Hence, there is an ever-growing demand for residential & commercial properties.  

To cater to this requirement, Omaxe Group has developed several landmark projects in Lucknow. Omaxe has successfully handed over two projects – Omaxe City on Amar Shaheed Path and Omaxe Heights in Gomti Nagar, while Omaxe Residency in Gomti Nagar extension will soon be offered for possession.  Amar Shaheed Path, considered a lifeline for the people of Lucknow, is 23 km long and a part of East-west corridor. It connects Lucknow-Kanpur Road (NH-25), Lucknow-Raebareli Road of NH24B, Lucknow-Sultanpur Road (NH-56) and Lucknow-Faizabad (NH-28). Due to the presence of these, distances to Lucknow have been shortened considerably.

Encouraged by the city’s infrastructure growth, Omaxe is investing in large scale projects in emerging real estate hot-spots like Sultanpur Road/ Raebareli Road. Forthcoming projects like Omaxe Residency 2, Omaxe  Heights II and OmaxeAnandam will further develop the landscape of the city. OmaxeAnandam is a novel and highly stylized project. It has 2 & 3 bedroom apartments, designed keeping in mind the aesthetics of the living area and the surrounding landscapes as well. With such projects on display, Omaxe has surely taken the mantle of providing superior living at affordable cost to the Lucknowites.

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