Gomti Nagar is a prime locality in Lucknow that has seen immense growth over the past few years. It is the most happening location in the city that not only has good social infrastructure but also enjoys excellent connectivity. The real estate market of the city is developing at an exceptional pace with numerous projects coming up across various sectors.
A large number of commercial and residential properties have come up here. The place has become a popular residential destination. There are many builders who are developing good quality apartments/flats in Lucknow as well as adjoining areas.
If you are planning to make a real estate investment, now is the right time to buy a plot in Gomti Nagar as it can help you get maximum returns in the future. Here are some of the top reasons why you should invest in lda approved plots in Lucknow here:
5 Reasons To Invest In Plots In Gomti Nagar
1. Excellent Connectivity
Gomti Nagar enjoys excellent connectivity through road, rail and air transport facilities. All major localities and important destinations can be easily accessed from this area through public transport facilities or by private vehicles. It also offers easy accessibility from all parts of the city like Cantt, Aminabad, Charbagh, Hazratganj and Chowk.
2. Perfect location
Gomti Nagar is located close to the airport, making it easily accessible from other parts of the city. It is well-connected to Kanpur road and Sultanpur road through Amar Shaheed Path. Plans of connecting Lucknow metro to Gomti Nagar have recently been approved by the government.
3. Good real estate price
The real estate market in this area has been increasing steadily, unlike other areas in Lucknow. The appreciation rate is expected to be around 10% – 20% per annum, which makes this area a good investment option if you want to sell your plot later on at a higher price.
4. Infrastructure Development
Lucknow has witnessed significant investments in infrastructure development in the recent past. These developments have been instrumental in improving the quality of life of citizens.
The construction of metro rail, flyovers, elevated expressway, bridges and highways have made commuting easier for people living within the city and outside.
Besides this, the government has also invested heavily in urban transport and water supply. Projects like these have led to an increase in demand for residential units in Lucknow.
5. Expansion of IT Sector
The state government under its IT policy has planned to develop IT parks in all districts of Uttar Pradesh and provide employment opportunities to thousands of people.
The construction of infrastructural facilities like SEZs, IT parks, business parks and special economic zones will be undertaken by private players and will help in boosting the city’s economy. It will also attract young talent from across India and create job opportunities.
6. Many business opportunities
Gomti Nagar has many industries and offices that offer job opportunities to people. The area also has a shopping mall, pubs, restaurants, banks, ATMs and many other amenities. This makes it favourable for people who are looking for the best place to buy residential plots in lucknow.