A lot of redevelopment projects are coming up in the private-public partnership mode. Many of them are located in premium areas of Lucknow such as Plot At Kanpur Road The lifestyle feature demand has led to real estate players to bring on renovation plans in the existing housing section. A noticeable shift has been seen in preferences of buyers and most of them are choosing apartment housings over row house in Lucknow. The real estate sector in Lucknow is expanding very fast on the growth trajectory and it has become a real estate hot spot.
Lucknow is mostly known as City of Nawabs and in recent times its real estate is growing fast enough to match that of Tier I cities. Because of the availability of large land banks, more numbers of developers are taking interest in the city. The large availability of lands leads to sustained development of flats in Lucknow. The city attracts both investors and end-users at the same time because of world class offerings and unmatched infrastructure in numerous segments.
