The arrival of several real estate projects in Lucknow has accelerated the development. The demand for affordable and luxury projects has gone higher than ever. With so many projects available, it’s natural to be overwhelmed. Finding the best localities to invest in Lucknow is undoubtedly the first priority for investors.
So, to simplify the search and lend a helping hand, we have created a list of top localities in Lucknow. You can choose any of these locations to buy luxury villas or residential apartments in Lucknow.
Top Localities to Invest in Lucknow
1. Gomti Nagar Extension
Once, this location was known as a flood-prone area. Now, things have changed, thanks to the efforts of the Lucknow Development Authority, which transformed the location. It is home to several real estate projects in Lucknow that fall under the affordable segment.
The best thing about this locality is its connectivity. It well-connected to NH-28, Amar Shaheed Path, and NH-56. You can find affordable to luxury apartments with ease.
The rates for per square foot area may cost you above Rs 4900.
2. Hazratganj
Hazratganj is one of the best locations for several real estate projects in Lucknow. Located in the heart of the city, it radiates Victorian charm. The well-constructed shopping complexes, street shops, monuments, and other attractions make it an ideal location for investment.
Since the location has many posh neighbourhoods, the prices of property over here are higher than others. It may cost you Rs 11,000 per square foot area.
3. Butler Colony
If you’re looking for the best social infrastructure, the Butler colony is good to consider. The locality is home to various hospitals, education centres, restaurants, and hostels. Owning a property here means easy accessibility of all amenities. Besides having several residential plots in Lucknow for sale, this area features luxury apartments as well.
From ready-to-move-in projects to under-construction projects, it has many options available. The average rate for per square foot area in this location goes above Rs 11,366.
4. Raebareli Road
Real estate builder in Lucknow are now launching their projects in Raibareli road as well. The real estate growth in this area is breaking records. The six-lane NH-24 B connecting Allahabad and Raibareli has expedited the development process. Many real estate companies have set up their bases here due to the availability of affordable lands.
The social infrastructure is improving and giving people many options for 2 BHK and 3 BHK premium apartments. The cost of per square foot area goes above Rs 6500.
5. Charbagh
Charbagh is yet another locality where investors can buy 3 BHK apartments or land. The central railway station connects it seamlessly with other locations. Even the Metro station going on its red line connects it with neighbouring locations. The modern facilities and amenities make it one of the best areas to invest.
As of now, the rate for per square foot area is above Rs 5000.
Conclusion
Lucknow never ceases to amaze not only tourists but investors, too. When planning to buy luxury villas or apartments in Lucknow, consider the locality. Search each area for amenities and available facilities before making a final decision.
