Investment Opportunities in Lucknow - Page 2 - Indian Real Estate Forum

globalpage · 12-01-12

Yes, Lucknow is definitely one of the fastest growing cities in India. It is an Art Hub too in North India. Personally I don’t have any idea about BPO industry in Lucknow but I can see huge real estate growth in Lucknow.

lkoinvestor · 24-01-12

I have invested in lko RE too, but not sure why the prices keep spiralling so fast. Apart from it being the capital of UP, I dont see or hear about any real growth in IT sector or big companies investing in and around lucknow, so wonder why the jump in prices? Also do we think it is going to keep on rising in future too ? any thoughts ?

kk83710 · 24-01-12

Quote:

Originally Posted by globalpage

Yes, Lucknow is definitely one of the fastest growing cities in India. It is an Art Hub too in North India. Personally I don’t have any idea about BPO industry in Lucknow but I can see huge real estate growth in Lucknow.

For me it doesn't seem a good time for BPO industry not only in LKO but in India. The reason being low cost BPO employees being available at phillipines etc. But still I feel lucknow should be able to attract IT and manufacturing sector when NCR is almost flooding with industries and them looking for new cities with growth opportunities. Just a possibility.. RE market is always full of surprises. Noboby knows if he is fav of luck.

jptiwary3663 · 08-02-12

Quote:

Originally Posted by rajan640

I am looking for small size plot (1500 to 2000 Sqft area) on Faizabad Road nearer to Gomatinagar area.

If someone has any idea, please let me know.

I own a 2400 sqft plot near Chinhat chauraha. 200 m. from Faizabad road / Deva road.
Entrance road beside Maruti building, Name : Adarsh Nagar, Society inhabitatede by Tata Motors & HAL employees mainly, Pitch road, Drains, Sewer line, Transformer. East facing.
Rate : Rs. 2000/sqft.
If interested, pl. contact jptiwary3663@sify.com

jptiwary3663 · 08-02-12

Quote:

Originally Posted by lkoinvestor

I have invested in lko RE too, but not sure why the prices keep spiralling so fast. Apart from it being the capital of UP, I dont see or hear about any real growth in IT sector or big companies investing in and around lucknow, so wonder why the jump in prices? Also do we think it is going to keep on rising in future too ? any thoughts ?

I have watched the pice movement since 90s in Lucknow poperty.
Only reason of prices spiraling up is inflow of black money and capital region.
Every person wants aplot in Lucknow while working in other parts on a transferable job. The scene will change if state is divided into 4. Main money will go to Harit Pradesh / Paschimanchal with Meerut as capital and hot areas like Noida, Greater Noida, Ghaziabad, Meerut,Agra, Mathura under its fold. Avadh Pradesh will be a poor state as 72% income of UP comes from Harit Pradesh.

Yes if Govt. changes, State is not divided, industrialization occurs,------, something else may happen.

No appreciable IT development here.Not Infosys or any other company except TCS on a small scale is present. At Lucknow property prices are driven by govt. officials from all over state alongwith brokers and not by non-existant IT / BOO. That is for sure.

jitendrasingh · 19-02-12

Google group for DLF Garden City, Lucknow......
--------------------------------------------------------

Hi All,
There is google group named "DLF Garden City, Lucknow" for all the people who holds plot in this project. Pls join this group so we can share the information.

Jitendra K Singh

lkoinvestor · 23-03-12

HI Guys,

I am sure all must be thinking about this in some way or the other- Which is the best bet for investment opportunity for someone based in Lucknow. Is it still real estate and if so what kind of project.
Emaar mgf looks dodgy with so much of complaints against it.
No other big project coming up in the near future or may be I am not aware of any
Real estate prices in lko already high comparing it with prices in gurgaon/noida

Do other feel that investment in real estate in lko will keep giving satisfying returns factoring in the usual risks involved in real estate investment ?
Or should one look at investing in real estate elsewhere- like metros or another upcoming city or maybe best to go for farmland. What do you think ?

Or is it advisable investing in other things like stock market or buy gold ?
Your valuable opinion with reasons would be greatly appreciated. I am hoping veterans in this forum will also put in valuable advice

lkoinvestor · 23-03-12

forgot to add whether people would consider commercial projects as a good option, if so what should one go for- new projects or projects completed and already in good location ?

desinet3 · 24-03-12

RE market sure looks very hot in LKO. The prices have increased like anything in last 2-3 years. But the matter of fact is that the prices seems to be still on the increasing trend. There seems to be no respite.

And that is drawing me also to take the plunge.

lkoinvestor · 26-03-12

Thanks, but have you decided what to invest in ?
what kind of project /which project
plots or villas or flats
or are you going for commercial ventures/ agricultural land ?

23-03-12	#17
lkoinvestor New Member Join Date: Jan 2012 Posts: 42 Thanks: 5 Thanked 3 Times in 2 Posts	best investment in current climate from someone based in Lucknow HI Guys, I am sure all must be thinking about this in some way or the other- Which is the best bet for investment opportunity for someone based in Lucknow. Is it still real estate and if so what kind of project. Emaar mgf looks dodgy with so much of complaints against it. No other big project coming up in the near future or may be I am not aware of any Real estate prices in lko already high comparing it with prices in gurgaon/noida Do other feel that investment in real estate in lko will keep giving satisfying returns factoring in the usual risks involved in real estate investment ? Or should one look at investing in real estate elsewhere- like metros or another upcoming city or maybe best to go for farmland. What do you think ? Or is it advisable investing in other things like stock market or buy gold ? Your valuable opinion with reasons would be greatly appreciated. I am hoping veterans in this forum will also put in valuable advice

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
The best investment opportunities.	pratappatra	Bhubaneswar	2	19-11-09 03:41 AM
Investment opportunities for foreigners	Hetal	NRI’s Lounge, FDI, International Real Estate	8	07-08-09 05:27 PM
New investment opportunities	Subbu	Chennai	7	29-07-07 12:13 AM

12-01-12	#11
globalpage New Member Join Date: Dec 2011 Posts: 18 My Mood: Thanks: 2 Thanked 0 Times in 0 Posts	Yes, Lucknow is definitely one of the fastest growing cities in India. It is an Art Hub too in North India. Personally I don’t have any idea about BPO industry in Lucknow but I can see huge real estate growth in Lucknow.

24-01-12	#12
lkoinvestor New Member Join Date: Jan 2012 Posts: 42 Thanks: 5 Thanked 3 Times in 2 Posts	I have invested in lko RE too, but not sure why the prices keep spiralling so fast. Apart from it being the capital of UP, I dont see or hear about any real growth in IT sector or big companies investing in and around lucknow, so wonder why the jump in prices? Also do we think it is going to keep on rising in future too ? any thoughts ?

19-02-12	#16
jitendrasingh New Member Join Date: Feb 2012 Posts: 21 Thanks: 0 Thanked 0 Times in 0 Posts	Google group for DLF Garden City, Lucknow...... -------------------------------------------------------- Hi All, There is google group named "DLF Garden City, Lucknow" for all the people who holds plot in this project. Pls join this group so we can share the information. Jitendra K Singh

24-03-12	#19
desinet3 New Member Join Date: Dec 2011 Posts: 32 Thanks: 1 Thanked 5 Times in 5 Posts	RE market sure looks very hot in LKO. The prices have increased like anything in last 2-3 years. But the matter of fact is that the prices seems to be still on the increasing trend. There seems to be no respite. And that is drawing me also to take the plunge.

26-03-12	#20
lkoinvestor New Member Join Date: Jan 2012 Posts: 42 Thanks: 5 Thanked 3 Times in 2 Posts	Thanks, but have you decided what to invest in ? what kind of project /which project plots or villas or flats or are you going for commercial ventures/ agricultural land ?