5 Points to Buy Property in Gomti Nagar Extension
- Well planned development – Gomti Nagar and Gomti Nagar extension are one of the largest planned residential areas of Uttar Pradesh. This area has been newly developed and so the infrastructure is planned and organized. This is the reason that these are the most sought-after areas in Lucknow as it gives you a more comfortable lifestyle.
- Excellent connectivity – Gomti Nagar extension area is very easily accessible from the other parts of the city. Airport and Railway Station are easily connected by highways and this reduces the travel time considerably. There is proposed upcoming metro development also in the area which will make the everyday commute more convenient in the near future.
- Best Social Infrastructure– Gomti Nagar Extension has everything that one can wish for in a residential address. It has lush greenery and many big parks like the Janeshwar Mishra Park which is a major attraction among Lucknowites. Our Project Paarth Aadyant has Phoenix Palassio and Ekana Stadium right next to it. There are some of the best schools like City Montessori School, DPS and St. Francis in close proximity. The health facilities are world-class and easily available. There are multiple opportunities for employment nearby including a software technology park.
- Affordability – The best part of housing in the Gomti Nagar extension area is that despite wonderful infrastructure, the prices of properties are quite reasonable, as compared to the rest of the city. A lot many real estate developers have introduced their multi ranged projects in the area. Developers like Omaxe, Shalimar, Rishita, Tulip have their established real estate projects that make the overall area quite accessible and easy to live in. Paarth infrabuild one of the leading real estate developers also has a number of residential and mixed-use communities here, Paarth Arka, Paarth NU, and Paarth Aadyant. These are at the best location of this area and have affordable 3 and 4 BHK apartments with high-end amenities for your comfort.
- Appreciating value – In the last ten years, ever since the Gomti Nagar extension area was launched, the prices have been appreciating annually here. In the last few years, even when residential real estate stopped appreciating everywhere (and saw a downward trend in a lot of localities), the properties here have seen a consistent appreciation. This has been probably due to the availability of world-class infrastructure and amenities. There is still good scope for property price appreciation here as people look for large units post-pandemic and the price in nearby Gomti Nagar has escalated beyond affordability for most people. Therefore, those who are looking for property investment in Lucknow are heading here searching for the right property.
All the above factors make this area very appealing for property investors as well as end-users. The rental yields are also good and with multiple employment opportunities, it is not tough to find renters any time. Paarth infra build has two good projects, Paarth Arka, the highest building of Lucknow, beautifully designed by Architect Hafeez Contractor and Paarth Aadyant, a ready to move in project with more than 300 families already residing. The location and design of these properties have helped them take a premium position in this micro-market and will hopefully help drive more customers to this area.