Lucknow is on the list of fast-track Smart Cities, released by the Ministry of Urban Development, and it is one of the cities where the real estate industry has witnessed significant growth in the last decade. A host of investment opportunities and a highly competitive price range make this city a lucrative investment market for home buyers. So, investors, today are looking for the best places to buy plots in Kisan path road Lucknow. Lucknow has many investment zones, where you can park your investments and get double value appreciation in the next few years.
Kisan Path is one of the famous localities in Lucknow with pin code 226010. Residential plots in Kisan path road Lucknow have attracted many property buyers in the past few years.
National Highway 230 (NH 230), also known as Kisan Path and Lucknow outer ring road, is a National Highway in India. Lucknow outer ring road is an 8-lane (4 on each side)104 km long under-construction road project. The planned Lucknow Outer Ring Road will improve connectivity and encourage sub-cluster development, boosting trade, employment, tourism, and real estate expansion. The eight-lane circular road, aka National Highway (NH) 230, will be developed in different phases over hundred villages.
Future Projects
Chief Minister Yogi Adityanath has inaugurated the 11-kilometer-long’ Kisan Path’ connecting Gosaiganj-Sultanpur Road to Ayodhya Road, expected to ease traffic congestion in the city.
The PWD and Setu Nigam have given the Rs 280 crore project shape.
The Outer Ring Road crosses five National and six State Highways entering and exiting Lucknow, indicating the growth potential around it. The project will facilitate the trouble-free movement of vehicles throughout Uttar Pradesh. Besides, heavy vehicles will not be allowed to enter Lucknow, which will curb pollution and improve traffic management.
Heavy vehicle drivers can reach Sitapur Road from Sultanpur Road via Ayodhya Road and Kursi Road without facing traffic jams and will not have to come inside the city. Kishan Path has ample parking space, and the road quality is excellent.
The Lucknow Development Authority (LDA) has put the ambitious green corridor project on the fast track. It has finalized the project’s third phase’s detailed project report (DPR).
“The engineers of Tata Consulting have prepared the DPRs of three phases of the green corridor project for which initial funds have also been made available. After assembly polls, the project will be rolled out. In the green corridor project, four-lane roads will be constructed on both sides of the embankment of river Gomti. The availability of facilities is one of the most enticing benefits of living in an apartment. Kishan path apartments come with many amenities, such as a swimming pool, gym, children’s play area, function halls, etc., making a living in an apartment an exciting opportunity for those who want to explore these facilities.
Localities Near Residential Plots In Kisan Path Lucknow
The strategic placement of this locality and its connectivity with neighboring localities like Chinhat Road, Viraj Khand, Amar Shaheed Path, Malheur, Chandiyamau, Kharagpur, Vinamra Khand, Hasemau, Kaushalpuri Colony, Chhota Bharwara makes it popular among property buyers. The increasing demand for Farm House, Residential Plots in Kisan path road Lucknow, Commercial Lands /Inst. The land is one of the reasons why people are looking for Residential properties on Kisan Path. Owing to the rapid growth in real estate, one can easily find a dream house in Kisan Path that is available in 5 BHK.
Kisan Path Lucknow Plot Rate
The Average price in this locality starts from Rs. 800.0 per sqft. 1 BHK and 2 BHK flat is available for sale in the price range of Rs. 15 Lac to 46 Lac in Kishan Path, whereas the price range for rent of 2 BHK is Rs. 10,000.
Beat Inflation By Investment For Plots In Kisan Path Road Lucknow
Owners of owner-occupied residential Real Estate, in particular, benefit from the security that real estate offers as protection against inflation. Although ancillary and operating costs are incurred, which increase in the event of inflation, the property’s value also increases – and significantly greater. This makes owner-occupied real estate the ideal choice for finding the best inflation-proof investment. A sound investment for your retirement is an essential factor when it comes to financial security. The pension levels are falling, and the classic saving programs yield extremely low due to lower interest rates. Real estate is an ideal alternative here, and in times of inflation, it offers good protection for your asset.
Laketown, Paradise Of Awadh
Laketown is the biggest project, residential plots on Kisan path road, adjacent to Lucknow. It has become a hub of infrastructural innovations. The area has seen immense growth in recent years. It offers excellent connectivity to the purvanchal expressway, Lucknow expressway (NH 56), (NH56B), and Raibarelly road.
Laketown provides every facility for an individual and his family, like electricity supply, power supply, Drainage system, and sewage. Playgrounds, water parks, schools, hospitals, clubhouse commercial areas, special elderly zone, community centers, and a place for events and management are exclusively innovative with first-class technologies.
Conclusion
Real estate initiating has been the most popular. Income-producing properties such as multi-family units, retail, and office buildings not only provide current income in the form of rental income but also tax savings and capital appreciation. Real estate produces income as a hard asset that gives the Return On Investment to future investors. One of the most significant advantages of real estate over gold is that you don’t need to pay 100% of the total value upfront.
One of the benefits of investing in real estate is a hedge against inflation. With high inflation, your rental income and property value increase significantly. Real estate investors welcome inflation with open arms because as the cost of living goes up, their cash flow.
