04/24/2017 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.

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