Monday, 14 July 2014

Lucknow Real Estate Market

Lucknow’s revised city development plan aimed at beautifying the city and making it traffic free is being finalized as a part of the 2nd phase of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).   With numerous flyovers, wide smooth roads, stylish malls and multiplexes, modern apartments, projected metro and influx of MNCs, Corporates and renowned  brands and outlets alongwith 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. Approx. 500 km from the national capital Delhi, Lucknow is well-connected to the rest of India by air, rail and road. The city has also emerged as a major hub for business centres with immense market potential. Hence, there is an ever-growing demand for residential & commercial properties. 

To cater to this requirement real estate developers like the Omaxe Group have developed several landmark projects in Lucknow. We at Omaxe have successfully handed over two projects – Omaxe City on Amar Shaheed Path and Omaxe Heights in Gomti Nagar. The company has also begun possesson of Omaxe Residency, Gomti Nagar Extension.The response to its newly launched Omaxe Residency II in Gomti Nagar extension, the construction for which is in full swing, has been overwhelming. 

The Company’s first project in Lucknow- Omaxe City, an integrated township on Amar Shaheed Path, is spread over approx 140 acre. The city is a modern suburbia containing everything from residential plots, luxury & non-luxury villas, hospital, shopping centre, theme parks  and schools making it a fine fusion of world class infrastructure and rich tastes making the project highly acclaimed. The contemporary township has been developed keeping in mind twenty- first century lifestyle and facilities such as swimming pool, sauna, steam, jacuzzi,   multi purpose  food court and banquet hall. Around 650 plots and 250 villas have been delivered and many families have moved in.

The stamp of quality and reliability of Omaxe Group assured the success of Omaxe Heights - a state-of-the-art group housing project with 3 bedroom apartments complimented with modern facilities like gym, swimming pool, kids’ play area, ample parking space, landscaped greenery etc. constructed in the idyllic settings of Gomti Nagar. The facilities have further emboldened Omaxe’s reputation of delivery and quality. The company has started possession for the same and many families have already started soaking in the marvel called Omaxe Heights.

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. Development is now not only limited to the main city and the suburbs but is also active along the highways connecting Lucknow to other destinations. The Authority has taken active initiative in all round development of Lucknow. Proper planning of the city's infrastructure and of amenities and utilities is being done to support future growth and development in the city. As a part of the final discussions of the revised city development plan held recently, the Metro Rail Project is being promoted alongwith special focus on public amenities like drinking water, sewage, environment, transport, traffic, internal and VIP roads and parking facilities, city beautification, riverfront and lakes development, street lighting, heritage and community centre development.

Encouraged by the city’s infrastructure growth, we are investing in large scale projects in emerging real estate hot-spots like Raebareli Road. Forthcoming projects like Omaxe Heights-II, Omaxe Anandam and Omaxe MangoWorld will further develop the landscape of the city. Omaxe Anandam is a novel and highly stylized project. It has 3&4 bedroom high-end luxury apartments and duplexes in varied options, designed keeping in mind the aesthetics of the living area and the surrounding landscapes as well. Omaxe MangoWorld is a hi-tech city spread over 2700 acres with commercial, recreational, educational, industrial and institutional development zones. With such projects on display, Omaxe has surely taken the mantle of providing superior living at affordable cost to the Lucknowites.

1 comment:

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