In recent years, Gomti Nagar Extension in Lucknow has witnessed exponential growth in the development of several real estate projects. Considering the current upbeat market sentiments among homebuyers and developers, upcoming realty projects in this city are poised to witness a steady surge in demand in the coming years. As one of Lucknow’s major planned areas, Gomti Nagar Extension has several premium residential projects coming up, including high-rise apartments, luxury bungalows, and villas in well-planned communities.
Why you must consider Gomti Nagar Extension while buying a home
A Variety of Housing Options: Known for its upscale residential properties, Gomti Nagar Extension is one of the most sought-after places among homebuyers in Lucknow. They are drawn to the region as developers are launching a variety of housing in various segments especially the premium segment in this area. Also, the appreciating value of residential properties makes this area more attractive to homebuyers. Since the establishment of the Gomti Nagar Extension ten years ago, prices of residential properties have increased significantly. Residential real estate in the area has witnessed a price appreciation of 63.7% over the last 5 years.
Planned connectivity: Gomti Nagar Extension is well-connected to the other major parts of Lucknow and the surrounding areas. A major connective lifeline in the area is the railway station in Gomti Nagar. Special expressways connect the airport and station, eliminating congested city roads. The Shaheed Path connects Gomti Nagar Extension with the airport and railway station. Additionally, to facilitate passenger movement, the Gomti Nagar railway station is currently undergoing redevelopment as part of the government’s initiative to modernize railway stations across India. The city is also close to the Indiranagar metro. It also boasts excellent road infrastructure. The area also has good public transportation access, including buses, taxis, and cars. There is a 24 km distance between Lucknow Airport and Gomti Nagar Railway Station and it takes 28 minutes to drive there.
Well-organised Development: The overall infrastructural development in the area is fresh and well-planned. This adds to a more relaxed setting for those who reside in this area. The area is known for its gorgeous parks such as; Janeswar Mishra Park, Ambedkar Park, and Ram Manohar Lohia Park are a few notable parks in Gomti Nagar.
Emerging as a Tech and Commercial Hub: Gomti Nagar Extension is quickly becoming mainland Lucknow’s business and IT hub. The neighborhoods are home to several high-end projects alongside leading IT Parks, special economic zones, commercial properties, shopping malls, clubs, entertainment zones, business centres, banks, universities, food courts, multiplexes, and financial institutions. The expansion of the IT and commercial industries in Gomti Nagar Extension has been a major driver of residential growth. Several major companies also have their headquarters in this area. The locality has also been home to numerous important government offices, including the RBI, Lucknow Metro, Institute of Chartered Accountants of India, Institute of Cost and Works Accountants of India, BSNL, CRPF, and many more.
Ample Facilities: Gomti Nagar Extension’s key developments also include the Software Technology Park, High Court, and Passport Office in addition to shopping centres, retail stores, indoor stadiums, business centres, entertainment zones, and gaming areas. The area also houses Ekana International Cricket Stadium–India’s fifth-largest international cricket stadium. Families with children find this area convenient because of the concentration of excellent schools. It is also easy to access top-quality healthcare facilities here. The area is also home to several high-end eateries and dining establishments, there are ample job opportunities in this area due to the presence of IT companies and commercial establishments, which drives the working class to relocate here.
One of Lucknow’s fastest-growing areas, Gomti Nagar offers excellent investment opportunities.
The residential properties in this city offer the most modern facilities to cater to the lifestyle demands of aspirational homebuyers. The most contemporary apartment complexes offered by prominent developers are another factor that makes this area the top choice for homebuyers. For people looking for the perfect residence that would fulfil all of their housing dreams while remaining within their budget, Gomti Nagar is the place to go. Buying a residence in this location will not only add value to one’s investment portfolio but also ensure a quick return on investment.
