LUCKNOW

Situated on the banks of Gomti River, Lucknow is the capital of Uttar Pradesh State. Once a treasure of culture, the city has now turned into a developed modern centre for the economy. The cultural treasure of Awadh and UP was washed off by the British imperialism. At present, Lucknow is known by the leftover of its rich cultural past. It is still considered as the heart of North Indian culture and a historic city. Famous for its cuisine and Chikankaari or the shadow work embroidery on muslin cloth, this city has evolved within itself under the Uttar Pradesh government. It is the largest expanding real estate market which was once the home of the Nawabs. The city is known for its Tehzeeb which means manners and hospitality have developed into a modern city. With a population of 2.5 million, the city has stretched its boundaries beyond what it once used to be. A major surge in the township assignments and introduction to highways and bridges has connected locations like Rai Bareli, Kanpur, Hardoi and Faizabad. A-grade property developers such as Uppals, Parsvnath, Eldeco and Omaxe have shown interest and invested in new project launches in the city. With the rise of commercial activities, the city has witnessed a rise in the demand for residential properties and apartments within the last two years. Property price trend has shown a positive growth by 25% to 30% in this year. The commercial market is boosted by the commercial giants like Shalimar, Omega and Pinnacle have created employment opportunities widely. The real estate market has been boosted by the sale of properties which is mostly purchased by local people than migrants of other states. The construction of Agra-Lucknow Expressway which connects to the Yamuna Expressway will bring more economic gains to the city.