Paarth Infrabuild

Why are People Buying Apartments

There is a clear trend shown by data that more and more people are moving into apartments than an independent house. But why is it so? And is it good for families?

There are many reasons that apartments are getting  popular. The idea of a more community style of living can appeal to people who have small families, or to those who like to make friends and want to have interactions with others. There are more nuclear families now and therefore the need to connect with neighbours is higher. If someone has friends or family who live in an apartments in lucknow complex and enjoy there it could also lead them toward the idea that they want to choose an apartment to live rather than a house.

Apartment in lucknow,Buy apartment in lucknow

Another reason that apartment buildings are becoming even more popular today is due to the idea that not everyone wants to have a house where they have to worry about maintenance. In an apartment complex, maintenance and cleaning needs are limited to the inside of the apartment. That makes it easier for people who may not be able to care for the exteriors easily. Another factor which plays an important role in people choosing apartments is locational advantage. Most of the prime areas have been allocated for high rise apartments as per the master plans of various cities, and therefore, an independent house will typically be far off from the city center. Now with a much smaller budget, one could afford an apartment close to the lace of employment. It would be possible to get an independent house only much far off with the same money.

In earlier days, the biggest disadvantage for apartment in lucknow was considered to be the considerably smaller size than houses. But this is not the case any more. Modern apartments are well designed and offer much better living spaces despite a smaller size. With the modern furniture and advanced fittings and lighting, even smaller spaces can be converted into multi utility areas and made to appear much larger. With this taken care of, a major psychological reason which resulted in people choosing an independent house over an apartment is gone.

Safety and security is another vital reason for people preferring apartments. It is one’s job to ensure all around security for an independent house but with strong peripheral security arrangements managed by association, it is not imperative upon an individual to create any special security arrangements for his housing unit. This also create safe zones for kids to play and secure areas for parking. Well designed designated parking places also ensure no fights between neighbours on the subject. This makes life peaceful and convenient for executives.

In general, it is found that the amenities provided in an apartment complex are much better than available in a locality with independent houses. A much higher concentration of population makes investments in such state of the art facilities sustainable in housing society than standalone houses. In fact, the quality of life certainly improves as one moves into a housing society when compared to an independent house. There is no doubt then that people will keep buying more apartments instead of independent homes in years to come.

5 Tips for Working Well from Home

Humanity is facing its toughest challenge in decades in the form of Corona virus. The pandemic has forced people to avoid travel and stay homes. However, most of the jobs today demand regular engagements and therefore, corporations are finding ways to maintain lockdown norms imposed by different countries and still work. The most workable option has been to work from home. However, most of us are not used to work from home and struggle regularly. Here are the five tips to help you manage yourself and your work better during these times-

Work from home,Lockdown,covid-19,coronavirus,make a space,keep in touch,organize your day
  1. Make a Space – If you find yourself working remotely, especially if for an extended period, the first thing you should do is create a landing spot. That doesn’t mean you always work in the same place, but it does mean that you have somewhere to go when you need to hunker down and get things done. Have a spot where you can feel organized, with all of the tools you need to get work done. 
    By the way, this shouldn’t be your dining table. That doesn’t mean you can’t get good work done there, but it does mean that you should have at least one place that is set apart just for work. Even if you like working in the middle of the chaos of life, there will come a time when you’ll be glad you have a place to go when you’re facing a deadline or need some time to think.

  2. Shut the Door – Speaking of having space, it should be one with a door that you can shut. Just like working in an office, remote working has plenty of interruptions–often from your family. Sometimes that can be great, but it’s a good idea to let everyone know that if the door is shut, it’s work time. That’s especially true if your work requires lots of video meetings or phone calls.

  3. Keep in Touch – When you aren’t working in physical proximity to your team, it takes a little creative thinking and an intentional effort to stay connected. Tools like Zoom, Slack, and MS teams make that relatively easy. The important thing is to make and have the tools in place so that you and your team know how you’re going to communicate.

      
  4. Organize Your Day – One of the challenges of working from home is that you’re far more responsible for managing your own workload. That means creating a plan each day. It helps if you create your plan a day in advance. It ensures you get up in the morning in time and go ahead with a plan rather than wondering what to do.

  5. Turn off the Noise – Finally, when you really have to get work done, it can help to turn off interruptions like notifications. Set your devices to “Do Not Disturb,” and schedule a time to check email and respond to important messages. That will help you stay focused, and not get sidetracked by continuous flow of WhatsApp messages about things that can wait until later.p

Now, a lot of this doesn’t remain possible in most of the houses. However, most of the homes in Paarth Arka and Aadyant residential developments have been designed with these requirements in mind. You can always find spaces that you can use to manage your office remotely.

How to support Kids during the Coronavirus Crisis?

  1. Nurturing kids at home-As schools close and employees go work-from-home to prevent the spread of the Covid-19, parents everywhere are struggling to keep children positively engaged. If you’re anxious about how to protect and nurture kids through this crisis — often working at the same time — you will do good to read on. Here are my compilation of tips to help kids calm fears, manage stress and maintain order at home. I live in an apartment building and have to manage everything within my flat.

  2. Design Timetable-The first tip from every expert is to setting and sticking to a regular schedule is key, even when you’re all at home all day. Kids should get up, eat and go to bed at their normal times. Planned and structured activities are calming during times of stress. Kids, especially younger ones or those who are anxious, will benefit from knowing what’s going to happen and when. It takes away one dimension of uncertainty from their day. You can do better by mimicking a school schedule, changing activities at fixed intervals, and alternating periods of study and play. It may help to discuss the schedule and their opinion every day. They can also contribute by suggesting activities, which can be managed within your house. It will also take away their feeling of losing control for not being able to go out.

    Coronavirus Crisis,Covid-19,Nurturing kids at home
    Create innovative activities Include new activities into your routine, like doing a puzzle or having family game time in the evening. In fact, a few household works can be assigned to kids, which they will enjoy while lessening the burden on you. Build in activities that help everyone get some exercise. Do a yoga session every day and throw in some meditation. Help kids know that certain amount of anxiety is such situations of lockdown is quite normal. I also use Zoom or other such applications to invite all extended family members and we play some fun games such as Tambola or Draw and guess.

  3. Control you Emotions-It’s completely normal to be anxious right now, even for grown-ups. How do we conduct ourselves in these circumstances, has a big impact on our kids. Keeping our worries in check will help everyone around us to manage through these uncertain times easily. The uncertain employment situation and depressing news all around can sometimes make us feel low and irritated. Sometimes, we may be extra sensitive to a family member getting a fever or a cough, which would have been normal otherwise. Please try to be as calm as possible in such situation and take a logical route to thinking. Understand that a child receives signals from your behavior and your panic reaction can be extremely discomforting for him. For those moments when you do catch yourself feeling anxious, try to avoid talking about your concerns within earshot of children. If you’re feeling overwhelmed, step away and take a break.

  4. Be Positive,coronavirus crisis,Design Timetable,Control you Emotions
  5. Limit screen Time-Another useful tip is to keep news consumption limited. We all know how the media in India operates and very often we see instances of over-jealous reporting. Turn the TV off and mute or unfollow friends or co-workers who are prone to sharing panic-inducing posts. Take a break from social media or make a point of following accounts that share content that take your mind off the crisis. While information is important, too much and wrong information can cloud your though process.

  6. Use virtual support network-Keep your support network strong, even when you’re only able to call or text friends and family. Socializing plays an important role in regulating your mood and helping you stay grounded. And the same is true for your children. Let the children interact with their friends on calls and/or video calls. Teach them to use some of these newly emerged tools responsibly and safely.

  7. Plans to handle contingency-It important to understand that Corona virus can affect anyone anytime despite best of precautions. In the face of events that are scary and largely out of our control, it’s important to be pro-active about what you can control. Making plans helps you visualize the near future. How can your kids have virtual play dates? What can your family do that would be fun together? What are favorite foods you can cook during this time? Make lists that kids can also contribute. Observing your planned approach to solve a problem situation will go a long way in inculcating these values in the kid. An important tip here is to assign kids tasks that will help them feel that they are part of the plan and making an important contribution to the family.

  8. Be Positive-The adults may feel that a long school vacation is problematic, but for children universally, the school closure is a cause for celebration. So let it be like that at the moment and help them slowly move into home schooling for this period. Most of the schools have started online learning modules that help children keep connecting with the studies. Let kids understand how you stick to your office schedule despite working from home, and follow the same. While schools are closed and that can be cause of happiness, they need to understand quickly that studies have to continue.

  9. Give right perspective-The fact that there are a lot of things which are changing our daily routine can be unsettling for kids. They will have questions. Things like, why can’t they go to playground or why the maid is not coming home will be in their minds. Some of the kids may ask, while other may not talk about it. Make sure, you give them the right perspective in clear terms, instead of giving them an answer which goes around. If you are keeping distance from a neighbor who is in quarantine, make sure that kids know what does it mean and why is it done. Please ensure that there is no dishonour attached to it.

  10. It’s OK to give some liberties- It is important for us to appreciate the fact that these are not normal times. Allowing a little more screen time to your kid is just fine. Sometimes, let them do what they are looking to do instead of saying no. You, probably would not have allowed a particular action in normal circumstances but, these are abnormal times. It is affecting everybody. So a general tip here is to “Follow the route of least resistance”. Let them at times fulfil their wish, even if it means taking extraordinary liberty. There should be an understanding at times between the spouses to take turns in keeping tab on kids’ activities.

  11. Ask for Help-These are times when one should be open to ask for help. There can be different types of issues facing one and it is alright to accept one is feeling weak sometimes. You should know as to whom you can reach out to. It could be your spouse, a friend or a relative. This is especially applicable when you need someone’s support to manage kids while you are stuck with some important official work.

  12. These are some tips to manage and support kids in Covid times. I am sure we all will come out of it unharmed and on the other side of this all, we will exchange notes on how we managed to nurture our kids during these times.

WHY TO INVEST IN REAL ESTATE

There is no doubt that these are uncertain times. Uncertainty about the future of economy and about our social relationships. For now, the focus worldwide is on creating a healthcare infrastructure that can help the civilization to sustain in the face of Corona virus. However, there are some less-reported developments, which are important for our future. Let me try to delve deeper into some of these aspects, which will have a long lasting impact on all of us.

As a response to the Covid 19 induced challenges, the governments worldwide have committed funds to fight this menace. That’s a wonderful news, because governments everywhere have shown a firmer resolve to fight a problem that has hit everyone, ever in the history of mankind. Starting from US to Japan to Europe and including middle-east to India, every government has simply opened its purse to pump in money into the businesses and healthcare infrastructure. It is estimated that all governments put together would invest close to 2% of world’s GDP into fighting Covid-19 pandemic. Now that’s a lot of money. We have never seen this kind of money supply coming all at once.

So what will this money do and where will it go. Let us look at history and try to figure out how this money would flow in and what would be the response. This money will start flowing into various infrastructure projects across the world. We have seen this story playing out so many times in past. Let’s take example of the world after Second World War. While, anyone around there at that point of time, would have thought that countries like Japan and Germany will never be able to grow out of world war devastation, what we see is completely opposite. The two countries not only repaired themselves but became the foremost world economic powers over the years after the war. Both of these economies are part of the top 5 economies of the world and the most stable ones.

The same happened during the great depression after the World War 1 and the oil price induced depression of 80s. Even if we look at our own Indian stories. In 1990, we reached a level where we felt like collapsing economically. There was a time during PM Chandrashekhar’s rule, when we didn’t have money to meet our debt commitments and we had to pledge our gold reserves. But what happened in the years after that. Did not we see the biggest asset growth in 30 years starting in 1991? It may look counter-intuitive when we are inside a crisis but when looked at retrospectively it all started making sense. The people who had the foresight to buy assets during those times of crisis, earned sweet returns on their investments. But those who were afraid and did not invest in assets, were left high and dry. The high inflation reduced the value of liquid holdings significantly.

Let us look at another aspect of this economic fight against the virus. Remember, since the world is fighting this together and it is known that if Corona virus simmers in any geography, it will affect the entire world, the movement of money will be swift across the borders. Fortunately India is at the forefront of this war against virus. There are several reasons for the same. Our large young population makes it an interesting case to watch out for how the virus story plays out here. We will discuss more about its impact in the next paragraph. Another contributing factor is our leadership position in Pharma production. Thirdly, our big IT sector. While China has been losing trust of the world as a dependable supplier, the democratic nature of our country enthuses more trust in other countries.

So why will we be better off with a younger generation? One, the mortality rate in youngsters is significantly lower than the older generation. We have a significant percentage of our population younger, which is much more than any large economy. This coupled with the fact that the way China has handled the Corona pandemic will bring India at the forefront for the corporations who want to move out of China and relocate. The Indian response to this pandemic and the statesmanship that our leadership has shown will keep us in good stead. Our leadership position in Pharma industry and our positive contributions to world society’s sure to make world look at as much more favourably. The idea of looking only at efficiencies while ignoring behaves aspects completely has made the world realizes the kind of challenges it poses. And therefore, we already see a much more positive tone for India than China or any other country.

Another significant change that the world will face on behaviour and social aspect is also a big plus for India. We are going to see a big shift in our behavior when technology will become much more important than what it has been. The social distancing will be the new norm and work from home the new corporate mantra. Outsourcing of work will get more traction and technology will be the way to go, for most developed western world. India holds a significant advantage in this area with significant progress over last 2 decades.

But how is all this going to affect me? And what should be my actions now which will benefit me economically in future. With expectation of these large government spending worldwide finding a route to India as deduced above, will create a surge in the prices of physical assets in India. While virtual assets like shares and bonds may take a long time to appreciate, physical assets like real estate will be appreciating fast and for a long term. Added to the fact, that new developments of real estate projects have already been very low as the segment has been facing head winds for years. The property prices have not appreciated for last few years and supplies are constant. With new norms of social distancing in place, the laugh of new projects will be much slower. So we will be in a state where too much money will chase too few assets. And that is when we will see a fast and sustained increase in real estate prices. Our parents have seen it and benefitted from it in earlier moments, now is our time to invest in Real Estate and earn long term. So, if you have some liquid funds, keeping it like that is sure to erode its value. However, investments in Real estate when economy is tumbling, is sure to help you make a fortune.

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Why Architectural Design

Home is the place where we spend most of our life, along with our near and dear ones. Our parents and children would need all their requirements to be met in the house you buy. It could only be achieved if a house is designed well. What we keep hearing from our friends, who have bought houses, all the times – no air-circulation, no sunlight, lot of seepage etc. This problem is more acute in an apartment than an independent house. But how does a good house design help this cause. Let’s understand.

We all understand that different parts of the world have different weather conditions. It is also well explained by scientists and engineers by now that at different times of the year, sun rays reach earth at different angles. In fact the movement of sun and where it rises (the direction) also varies through the year. Winter and summer solstices amply provide this understanding. In this situation, it is very important to realize that sun rays have to fall at different parts of an apartment at different times. Good architects use this to design great houses, which are also energy efficient.

Another aspect which affects good home designing is the fact that air movement in different parts of the world is different. It depends on factors like proximity to sea or mountains as well as the location near or away from tropics. The strength of storm-like winds is also a crucial factor to be noted. When the elements of a house or a building are designed basis this, the result will be a house which will have a good ventilation. A good ventilation always ensures a home free of micro-organisms, which is critical for good health. A well-designed home also reduces energy consumption, as it ensures optimal temperature to be maintained at all times. One can argue that with today’s technological development, Air-conditioners and heaters can be used to maintain optimum temperature, however, without proper ventilation, the air inside the house will not be healthy. Also, such devices make air drier, which has negative impact on various body organs.

But how to get a well-designed flats in Lucknow. The only answer to this is that one needs the services of a good architectural team, who understands these aspects and has a portfolio of projects can achieve it scientifically. Especially when one is talking of an apartment building, it becomes extremely important. You can’t have wannabe designers creating a house design which can provide the required amount of sunlight and air circulation. One of the best designed building, I have seen in Lucknow in Gomti Nagar Extension area in Lucknow is Paarth Infrabuild’s Arka. This is designed by Hafeez contractor, arguably the best architectural team in the country. A half-circular shape of the project ensures great air circulation to every single flat. The beauty of it lies in designing each apartment as if these have been designed individually to create perfect homes. The direction for each is managed to ensure optimal sunlight and air – circulation as needed.

5 Tips to Survive Covid 19 (corona) pandemic Covid19 (popularly known as Corona virus) is wreaking havoc ac

Covid19 (popularly known as Corona virus) is wreaking havoc across the globe. After originating in China in December’2019, it has affected large parts of every continent. The scale and effect has been unprecedented in modern human history. It is a global challenge and global communities led by World Health Organisation are coming together to fight this. Billions of people are in coronavirus lockdown and a few lacs under quarantine world-wide. Everyone is anxious and feeling helpless, but there are a few things each one of us can do at individual level to help our communities, which can be a housing society or a large urban development. Let’s discuss top 5 of these:

  1. Maintain hand hygiene- It is so common for us to take things for granted in general. When we belong to an upper middle class community, we expect a certain level of hygiene at every surface we interact with. We tend not be careful about every surface that we come in close to. Now with the new findings of WHO regards Corona virus, it is known that this virus stays on various surfaces for a very long time. The only antidote to this is to wash hands every time you interact with a surface that could be infected. It is recommended to wash one’s hands for more than 20 seconds and in a way to ensure no part of the hand remains uncovered by soap. Soap is the simplest yet the most effective warrior against Corona virus and provides a safety net.

  2. covid19,coronavirus
    5 Tips to Survive Covid 19
  3. Social Distancing-This is a much used term right now. However, what it really means and why it should be followed is not clear to most. One primary way the Corona virus spreads and gains entry into our body is through tiny droplets, which are suspended in the air, every time someone coughs. In India, we generally don’t view the coughing very seriously, but that attitude needs to change. Probably in days to come, wearing a face mask will be the rule rather than the exception. Along with it, the need to maintain distance between two people helps avoid such infections from spreading. This may require us to re-plan all our social places like parks, restaurants and health clubs. Even within our housing society, we will need to work out solutions to maintain a safe distance between two individuals. The regular cleaning of surfaces will be mandatory and will go a long way to ensure all of us live healthy. Expressions of closeness like hugging, hand shakes and high-fives will have to be completely avoided for a long time.

  4. Exercising-The effect of this infection will manifest differently in everyone. One’s immunity level will also decide how quickly and effectively body can get rid of such infections. Improving one’s immunity, therefore, is a long term defence to remain healthy. An easy and long term plan to improve immunity is to indulge in a 30 min exercise regime everyday. If it is done in sunlight, it is even better, as the surfaces everywhere could have been infected. Also, the aerosol particles inside a gym, could infect one as the social distances can’t be maintained properly in enclosed areas. The other advantage one gets by going out and exercising is the mechanism of Vitamin D production in the body, which is essential for good immunity. However, please remember that these are not the times to indulge in very long sessions of exercising as this could tire the body which makes it more prone to any infection.

  5. Concern for Service Providers- We all know that Corona virus is highly contagious and therefore to ensure we stay protected from it, we need to ensure everyone around us is protected. It may entail ensuring that even the service providers in our housing society or the vendors in the community are properly educated about safe practices. In some cases, a few of them might not be able to buy the most basic personal protective equipments like mask. It will be a good gesture to help them with these supplies. Also, when you do this, you are protecting yourself.

  6. Care for Elders- Every society has people young and old living together. As the researches indicate, the old and the very young children are at the most risk of contracting and showing serious effects of this infection. We, therefore, need to be very careful about them. There may be old people staying around on their own and our taking care of them will go a long way in keeping the society infection-free. At times, they may also need our help in arranging for basic essentials for life. At times, there may be families in quarantine in a society and they may need moral and supplies support. In such cases, it will be important to not outcaste such families and support them in a safe and healthy way.

  7. These times may force us to adopt ways of living we have not known earlier. Staying at home is a winning strategy. It may look simple but will certainly affect our behaviour in long term. We need to support each other in the community and not display behaviour that is detrimental to anyone. It is pertinent here to mention that in this fight, we can all win together only. We can keep this out of our community only if we are together in it. The examples of other countries, including the one who have highly advanced health-care facilities have shown, that preventive steps to delay the spread of this is the only effective strategy. Therefore, pl follow the 5 tips shared above to survive this pandemic. This situation is unique and may force a lot of unpleasant decisions on us, please be courageous in facing those and survive.

Stay at Home is the Best Strategy when Coronavirus Attacks

Times are a changing and with it are changing some closely held beliefs. Till yesterday, we all wanted some more time to stay at home and away from work, but did not get this opportunity. And today. Staying at home is the only option that we have. These are the days, when world is facing. Hobson’s choice, carry on commercial activities and face mass disruptions later or stop everything now and recover later. In normal circumstances, none of these will be a preferred choice but what we are facing is unprecedented.

social distancing coronavirus

As the medical science is recommending, staying at home is the only winning strategy when facing a highly infectious Corona virus. If you are living in a modern housing society, you should count yourself lucky. There are people whom you can see and talk to while keeping the safe distance. You have access to a lot of safe and sanitised spaces. The basic services are taken care of through specialised agencies and community is generally well aware of the steps to be taken for everyone to be safe. There are neighbours who are a support system for lonely or elderly. Children can still go out and play, though in a much more restrained manner. The sanitation in such places in not left to individual house owner’s preferences but is standardised with SOPs.

coronavirus lockdown
coronavirus lockdown

There will still be challenges not faced by us in past. The house helps will not be able to support you and the negative news around will be depressing. That’s where modern living spaces will have to evolve unique solutions. As we have seen world-wide, people have innovated ways to socially interact. There has been music, where everyone contributes or prayer sessions, where everyone participates from one’s own balcony. There will be a lot of learning opportunities in these modern social spaces, which are not possible in traditional mohalla setups. The challenge to keep oneself entertained and active during long periods of complete lockdown will be tough on most, however, a community of like minded people will make it a bit easier.

Stay at Home is the Best Strategy
Stay at Home is the Best Strategy

Various spaces provided in a housing society will provide a respite to residents, while keeping them safe. Well maintained and sanitised parks, entertainment zones and children play area will help us tide over this crisis and remain healthy. It will also offer opportunities to the residents with similar interests to come together while maintaining physical distance and create a new project. Catching up on the readings which one always wanted to do but could not due to busy schedule is a great tool. Celebrating occasions like birthdays or festivals, when everyone participates in their own unique way from their balconies is a safe and wonderful way to connect with each other. I am sure we will have some unique experiences when we come on the other side of Corona virus pandemic. During such times, however, it is normal to feel depressed and irritated at times. Engaging in activities with your family is the best route to avoid these concerns in a work from home situation.

What to Consider Before Buying a home? It’s Location, Location and Location!

Man is a social animal and therefore he needs a social infrastructure to survive. One can’t live a happy and purposeful life if he has to live in isolation. Therefore, it is important to buy one’s home in an area where like-minded community exists and social infrastructure to match that kind of lifestyle is available. In Lucknow, the areas around Gomti Nagar are the best location to live. Simply because of a fledgling upper middle class society and the resultant infrastructure projects, that are keeping pace with increasing population, everyone desires to make this area as his abode. Amongst the new developments, two residential societies by Paarth Infrabuild, Paarth Aadyant and Paarth Arka stand tall in terms of location.

It is always said that the 3 most important criteria to take care of while buying a property in lucknow is Location, Location and Location. Let’s dwell a bit on it to understand the reason for the same. We have observed in the past that some areas in a town develop into much better residential areas compared to others even if all of these started developing at the same time. So why is it so? Answer is deep yet simple. Since early days of urban developments, people preferred living closer to the areas which were important for economic activity. Therefore, we saw the emergence of city centres which had the highest amount of economic activity. People engaged with such organizations, preferred to live nearby and therefore the physical infrastructure in the form of residential areas with facilities like water and electricity developed fast. Along with this, the social infrastructure developed fast to meet the post work requirements of working population as well as the other requirements of families.

Property in Lucknow

When we talk of families and their requirements, we need to understand what a family consists of. The family will have children, elderly parents and of course the working age people. What do each of these groups need to live a fulfilling life? So children will require good schools, play grounds, sports facilities and places to socialize. Elderly will be concerned about 24*7 medical facilities, green areas to sit and relax and same interest groups to while away the time. The working people would expect basic necessities of life like water, electricity and transport that is hassle free, activity areas like sports facilities and markets and restaurants. Now, while it may be fashionable for some of the real estate developers to talk about emerging locations, the fact is that one wants to live in her house today. So if physical and social infrastructure is not yet developed, how is one to be happy and survive? Also, the pains one has to endure for the time when the infrastructure is still developing makes the entire experience quite depressing and isolating at times.

And that is the reason why our elders have always told us to consider Location as the single most important criteria while building our abode. A place that is well connected and close to areas where job opportunities exist. An area where there are quality schools and has kids around where our kids can intermingle and play without us having to worry all the times. A location where markets, cinema halls, sporting facilities exist to engage in socializing. Hospitals and other medical facilities and safety security of the area are other features that you would include in a good location.

Lucknow is a big city now and has been developing very fast for last few years. It has been the hub of political as well as commercial activities in Uttar Pradesh. It is also the preferred city for anyone in Eastern part of UP for various reasons, most of these as we discussed in the earlier part of this article. Lucknow has had an asymmetric development in different directions. So, while residential areas sprang up all over the boundaries of Lucknow, the developments in and around Gomti Nagar have been the best in last 25 years. A locality with upper middle class residents, the emergence of best schools of the city, the finest shopping areas, the malls, cinema halls and the best medical facilities. There have been couple of new developments here that are worth mentioning.

We are talking here about Ekana cricket stadium, the largest cricketing facility in north India. It is also the home stadium of Afghanistan national cricket team and has been hosting international cricket matches more regularly than any other center in India. This stadium is not only an architectural marvel but has also been a center of attraction for people. Another development very close to it is the opening up of Phoenix Palassio, the most modern mall Lucknow has experienced. These two developments have converted this 1 km area into the real magnet and has created the fastest self-fulfilling cycle of development. One can argue that these developments have happened as there are more people living here. But that is a flat argument. People have been living on Hardoi road, around Rae Bareilly road or at Faizabad road for the similar time as here. However, the pace of development and provision of facilities in these areas is absolutely different.

In fact with Ekana cricket stadium and Phoenix city market place, this area would be the magnet that will attract everyone and all the new developments. However, there are not many good residential developments in the area for one to choose. The lucky ones can still get an apartment in either Paarth Aadyant or Paarth Arka with the luxury of watching a cricket match at Ekana stadium from the window of their drawing room. This location only keeps getting with time. Now with Phoenix Palassio Mall, the convenience of an elite lifestyle gets embedded in this area. With both these residential societies developed by Paarth Infrabuild, so close to these future magnets, one can only wish to buy a house here. The amenities within these, complement the facilities outside and promise a lifestyle no otherreal estate development in Lucknow can match.

Buying Flat on Kanpur Road in Lucknow

Lucknow is a city of traditions, monuments, food and education. It has a rich history and a futuristic outlook. The residents of this metropolis are gentle and caring and civic values are rated highly here. No wonder then that getting a flat here is topmost in the minds of most of the people who have some connection with this city. Whether someone has stayed here for a few years for a job or has stayed here for his studies, an urge to buy flats in Lucknow is strong. Also, the fact that the medical facilities and law and order situation is as good in Lucknow as in any other metro town in India, the population in UP are generally gravitating towards Lucknow city.

Lucknow has been a large town for decades and has grown exponentially over the last few years due to the above reasons. However, as in any other city, there has been an asymmetric growth of social and economic infrastructure. Also, the cost of property in different areas has appreciated differently. While taking a decision to buy a flat one needs to ensure that all the various metrics are taken into account to be able to make the right decision. On a deep analysis, buying a flat on Kanpur road in Lucknow comes out to be the best value one can get with money in this city. Let me elaborate this a bit more :

  1. Location – Lucknow and Kanpur are the most developed towns of central Uttar Prades. This road connects these two major towns. One can safely term it the economic highway of UP. This area is located very close to the Amausi airport, which is now an international airport. There are good educational facilities in the area. Sanjay Gandhi Post Graduate Instt for medical sciences (an offshoot of AIIMS) is close by. This has resulted in the best medical facilities of Lucknow to be concentrated here. This road directly connects to some of the best markets like Ashiana and Alambagh. Charbagh Railway station is also a short drive away.

  2. Cost of living – The cost of living in this part of the city is relatively low. The cost of flats is also up to 40% lower than the similar developments in the Gomti Nagar area, which has appreciated too fast and doesn’t offer an investment opportunity anymore.

  3. Quality of developments – This area is witnessing some of the best residential real estate projects of late. There are few large and experienced developers who have launched projects in the area. For example, there is a township, Republic by Paarth Infrabuild which is an integrated township of pre than 500 acres with all modern amenities and uses SMART systems.

  4. Future developments – The highway connecting Lucknow and Kanpur is being upgraded. The metro train network which has already reached the airport, is planned to be extended around this area. A number of institutions are planned here.

Going by the above analysis, it is clear that buying a flat on Kanpur road in Lucknow is the best decision one can take if interested in buying residential flats in Lucknow.

What’s the Best Time to Buy Property in Lucknow?

Lucknow is the eleventh most populous city of India with a population of approx 28 lacs. It is the capital of the most populous Indian state, Uttar Pradesh. Everyone in Uttar Pradesh, especially in the Central and Eastern part of it, wish to have a house in Lucknow. The reason is not difficult to find. Lucknow is a beautiful city with excellent academic and health care facilities. It is known for some of the best schools like La Martinier, Colvin Taluqdar’s and City Montessori. It also boasts of an IIM, a Medical college and several Engineering colleges apart from a well reputed Lucknow University. A number of private universities have also set up their campuses here in the last few years.

Paarth Aadyant property at Gomti Nagar extension, Lucknow
Inside view of a Paarth apartment on Gomti Nagar extension in Lucknow

And why not? Let’s look at some data. Currently, only 40% of the population in UP is Urban and it is predicted that by 2031, almost 70% of the population in UP will be urbanized. No wonder then that the most developed urban centers like Lucknow will grow the fastest and as they grow there will be a huge demand for housing. This considered with the fact that Lucknow is ranked sixth in a list of the ten fastest-growing job-creating cities in India according to a study conducted by Assocham Placement Pattern. Considering the substantial growth industry has shown in Lucknow, business promoting institutions like CII and EDII have set up their service centers in the city.

The NHB (National Housing Board) Residex, that tracks housing prices across urban centers in India, places Lucknow right at the top among all North Indian cities for the last 2 years. This is true for both constructed as well as under-construction properties. This is also borne out by the fact that most of the large developers from Delhi have setup residential projects in the city. Lucknow has also been an early adopter of large housing projects developed by private builders. Another advantage that Lucknow has is that it keeps expanding in all 4 directions radially, opening up new spaces for housing, while keeping all these places also not too distant from the city center. However, with differential civic developments, some localities have seen a much better appreciation than others. Areas around Shaheed path (Gomti Nagar extension), Ashiana and Kanpur road have seen the maximum activity both from real estate developers as well as buyers. Some of the developments have also been theme-based, like the one by Paarth on Kanpur road which has an international standard cricket stadium. In fact, while talking of cricket, it is worth noting that the new international cricket stadium is witnessing a lot of cricketing activity with this being the base stadium for Afghanistan’s international cricket team. Paarth also has a well-designed project next to this cricket stadium.

While the economy has done good in Luckow, the civic amenities have also seen rapid progress in the town. Lucknow has always been known for its etiquette and literary and cultural activities. The state and city administration has also implemented a smart sewage system. The new smart traffic management system and a project to upgrade the city lighting to LED lights have brought in the modern outlook to the city. The Lucknow Modern Police Control Room (abbreviated as MCR) is India’s biggest Dial 100 service center and has been the necessary support for people to feel safe. Is it then a wonder that anyone you meet around either owns property or plans to own one here. The personnel who have been posted here in various government or private jobs have preferred to make this city their home. One can safely argue basis these factors that for years to come, Lucknow will continue to be one of the fastest appreciating housing markets in India.

One advantage, which one can use currently in the residential real estate market in Lucknow is the availability of affordable houses. The city generally prefers a 2 or a 3 BHK apartment. A good 2 BHK apartment in lucknow can be had art a good location for approx 40 lacs, while a luxury 3 BHK flats in lucknow is available at around 65 lacs. Now, any other city which offers the equivalent civic amenities and facilities to its dwellers with the kind of economic opportunities will not see a 3 BHK flat in a good location for less than a crore. We should not be surprised if this market also started moving very fast towards that kind of price. The reason why the prices have stagnated a bit has been sentimental in nature and the moment it turns to positive, the prices are expected to zoom. In fact, visiting some of the projects on the shaheed path makes one see the green shoots of turn around in the residential real estate market very clearly. All the projects have been reporting higher than normal customer inquiries and sales. Even the secondary market property brokers are very upbeat.

There are also a few external factors which favor a property buyer in Lucknow immensely. The housing loan interest rates are near bottom and governments are clearly bent to ensure proper safety of buyer investments. UP RERA has been one of the most active bodies and it is based in Lucknow. The strong investor groups and affinity of the most transactions to white money results in it being one of the most professional property markets in north India. The influx of new-age businesses is also ensuring young professionals taking fatter pay-cheques home. This supported by the fact that most households in Lucknow have both the partners earning money, resulting in a high disposable income market. The cost of living, on the other hand, is low compared to other cities of similar size and therefore leaves a good investible surplus with families. This buffeted by a strong investor community of traditional business owners makes Lucknow an ideal candidate to seek fast and long term returns growth. With other avenues of investment rather sluggish, it will be prudent to use this as a great opportunity for wealth creation and appreciation. Therefore, the property investment at this time in Lucknow is a decision that just can’t go wrong. If you are looking for a flat to make it your long term home, the available choices will shrink over time. On the other hand, if investment appreciation is your desire, a property in gomti nagar extension Lucknow is probably the best decision one can take at this time.