Real Estate in Lucknow
06-Apr-2011 | News-Press Release
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Lucknow, `The Golden City of the East' is witnessing an economic boom today. The surge in its industrial activities has led to a boom in real estate sector which has also changed the demographic boundaries of the city. Being an old city, the government and people have a lot of veneration for the city and its residents. Lucknow is imbued with multicultural spirit and so, property developers are focusing developments more on the peripheral areas of the city. Positive trends in Lucknow property market have tempted leading developers like Rohtas. Omaxe, and Ansal API have launched some mega projects in the city. Lucknow real estate market has gained momentum over the last 2-3 years.
The unprecedented demand for housing has proved progressive for Lucknow and transformed it into an upcoming metropolitan city. It is further augmented by professionals who enter this region to work with some of the most reputed brands of India and abroad. NRI investments also make for substantial amount of raise in demand for quality housing.
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