Lucknow is tremendously growing in terms of infrastructure, making the real estate industry bloom. It has emerged as a promising destination for Non-Resident Indians (NRIs) looking to invest in real estate. Here are some factors to include while considering real estate investment in Lucknow.
Why is Lucknow relevant?
One of the safest and most lucrative ways to increase wealth is through real estate investment, particularly for Non-Resident Indians (NRIs) wishing to make investments in their native nation. Lucknow has had incredible growth in the last few years in the fields of IT, education, healthcare and infrastructure, making it a city of opportunities. Government have made efforts to improve infrastructure, like building new roads, metro projects and smart city developments in Lucknow.
Prime Locations for NRI Investment in Lucknow
Gomti Nagar Extension
Gomti Nagar Extension is one of the most sought-after residential neighbourhoods, is renowned for its well-planned infrastructure, open spaces and close proximity to commercial centres. The region is a top option for NRIs searching for high-end real estate because it is home to various luxury residential projects.
Indira Nagar
Another popular area is Indira Nagar, which is well-known for its broad highways, posh shopping malls and close proximity to government offices. It is a flexible investment option because it provides a combination of residential and business buildings.
Faizabad Road
Faizabad Road is well-known for its accessibility and affordability, is a growing neighbourhood for real estate investments. It is appropriate for NRIs searching for a variety of investment opportunities because it provides a mix of residential and business properties.
Types of Real Estate Investments
Residential Properties
Purchasing a home in Lucknow is a smart move for anyone wishing to relocate to India or provide their family with a nice place to live. World-class amenities may be found in luxurious townships, villas and apartments in areas like Shaheed Path and Gomti Nagar Extension.
Commercial Properties
Investing in commercial properties in Lucknow, such as office buildings, retail stores, or commercial complexes, can result in significant long-term gains and strong rental yields. For NRIs, Lucknow is a profitable alternative because of its expanding business hubs.
Plot
Plots in developing regions is still another fantastic way to invest. Higher appreciation rates are usually offered by Plot investments, particularly in regions with current infrastructure developments like Amar Shaheed Path and Faizabad Road.
Conclusion
When it comes to real estate property investments in Lucknow, Shalimar Corp stands out as a trusted name. With a legacy of delivering high-quality residential and commercial projects, Shalimar has earned a reputation for excellence and reliability. Their projects, such as Shalimar One World, Shalimar Gallant and Shalimar Mannat, are located in prime areas like Gomti Nagar Extension and Shaheed Path, offering luxurious living spaces with world-class amenities.
For NRIs, investing in Shalimar projects ensures not only a premium property but also peace of mind, knowing that their investment is in safe hands. Shalimar Corp’s commitment to quality, timely delivery, and customer satisfaction makes it an ideal choice for those looking to invest in Lucknow’s booming real estate market.