Lucknow, A capital city of U.P is one of the fastest growing cities in Uttar Pradesh. Investment in Lucknow can never be shown to be a loss. The Ministry of Urban Development has listed Lucknow as one of the top ten fastest-growing smart cities in India. Aside from this, Lucknow won the fast track smart cities contest, making it one of the 13 smart cities under Modi’s ambitious plan. All these metrics make Lucknow a best place to buy plots in Lucknow.
Lucknow has always been a top-ranked destination for Indian and NRI real estate investors. According to the study conducted by government organizations, Lucknow has become an attractive point for investors because of its high standard of living, rapid growth in infrastructure, and affordable property price. Besides, The real estate boom in Lucknow in the last two decades has been fuelled by many other factors such as increase in population, positive investor sentiment and increased FDI inflows into the state.
Making a plot investment in Lucknow is one of the best investments one can make as the price of plots in Lucknow are increasing day by day due to which investors can make a huge profit in upcoming years. In this blog we will take you to 5 most preferred locations by investors in terms of buying plots for investment. But before jumping directly to the locations for making plot investment and their benefits let’s dive into the meaning of investment plot.
What is an Investment Plot?
An investment plot is a small piece of land that you can buy and develop for your own use or resell at a profit. If you’re looking to invest in property, but don’t have enough money to afford an entire house or apartment, then buying an investment plot could be a great option for you as it will cost you less than any other real estate property.
Let’s talk about what makes a particular area the best place to buy plot in Lucknow before we tell you where to Invest.
Important factors that make a particular area best place to buy plot in Lucknow
1. Location –
For obvious reasons, location was, is and will always be the primary factor when choosing a property. The location that offers easy accessibility to all the prime areas of the city and is well connected through different channels like rail, road, and air are considered as the perfect locations to invest in.
2. Amenities –
Due to the variety of real estate options available to investors, developers are in a fierce competition to attract investors. As a result, developers are offering more amenities in their residences, which makes amenities the second factor to make property more valuable to invest in. Basic amenities mentioned below is also a key reason which makes investors to invest in a particular place and project
- Water Availability
- Electricity Availability
- Garden & Greenery
- Walking Area
- Safety & Security
3. Value Of Property –
Now the third and most important factor which makes a particular place more attractive to customers is its value. If the price of the plots are affordable and the return on investment is high, then the place has all the things which the investors want. And Lucknow has already proved its hammer in it as the investors are making a lot from investing in Lucknow plots.
Now we’ll Look into the Best Place to Buy Plot in Lucknow –
Top 4 Plot Investment Hotspot in Lucknow–
4. Purvanchal Expressway
1. Sevai –
Sevai gram panchayat is located in Lucknow, Uttar Pradesh. The location has a lot of potential in itself to offer investors with Huge ROI. The location is well connected to other parts of Lucknow, and offers a smooth connectivity with prime areas of the city like – Sushant Ansal, Vrindavan Yojna, South city, etc which makes it one of the best place to buy plot in Lucknow.
Key distance from prime areas of Lucknow –
A) Approximately 10 Km from Charbagh railway station.
B) Approximately 11 Km from Chaudhary Charan Singh Airport
C) Approximately 3 Km from India’s biggest Lulu Mall
2. Khujauli –
Khujauli is another awesome place to invest in Lucknow Real Estate. The locality offers an uninterrupted connectivity with other known areas of the city like Pruseni, Dahiyar, New Jail Road etc. Apart from this our project in Khujauli is well located in a green area and offers a sense of fresh and healthy environment. Also within a few kilometers are Scholar Academy, Akshay Jyoti Public Vidhayalay and many other educational institutions which makes Khujauli the best place to buy property in Lucknow.
3. Karora Lucknow –
Karora is also one of the ideal places to invest in Lucknow because of its value and rapid growth. It’s a great opportunity for investors to invest in Lucknow real estate. Karora Lucknow is an area in high demand, making it the best place to buy a plot. Our developers are offering the cheapest plots in Lucknow Karora as compared to any other developer in Lucknow.
4. Purvanchal Expressway –
Now the last but not the least. Our list wouldn’t be complete without including Purvanchal Expressway as one of the best place to buy plot in Lucknow. One of the most important benefits of investing in Purvanchal Express Highway is that it will improve connectivity between Eastern Uttar Pradesh and offers a hassle free communication with other prime areas of Lucknow. We are offering Plot in Purvanchal Expressway at a very low price.
4 Benefits of Investing In Plots in Lucknow
Investing in plots is a great idea for those who are looking to invest their money in a profitable venture. There are many benefits that come along with investing in plots, and the following four will help you get started.
1) It’s a good way to make money
Buying a plot for investment is a good way to make money as you can sell it whenever you want and make profit out of it. Buying an investment land in Lucknow will definitely make you a good sum of money as the price of plots in this state is rapidly growing.
2) Plot investment returns are always high
It is sure that you can make a good profit if you invest in a plot in a developing area at a low price.
Due to the historical value of Lucknow’s areas, plots in Lucknow will yield high returns for investors. The property values have risen in recent years because people want to invest their money in these places instead of gold or other precious metals.
3) You can make money from the rent
Yes you could find a tenant who will pay you a monthly sum in return for having access to the land during the course of their tenancy.
4) The value of your plot will grow over time
There is no doubt that the price of any property will increase with time. Investing in plots is one of the safest ways to invest in tangible assets. Moreover, you can expect a 150% return on investment if you buy a plot for investment purposes.