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Top 5 Reasons to Buy Property in Gomti Nagar Extension

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. 

Things you must look for in your neighborhood while buying a Flat

Things you must look for in your neighborhood while buying a Flat

Neighborhood, in today’s world, has become one of the most important aspects of living. All over the world, as we are experiencing the neighbors and either standing by or fighting with each other. The most live example is that of Russia and Ukraine, India, Pakistan and China, Iran and Iraq and the list goes so on. And if you have a neighborhood like that of NATO countries, life is much easy and more pleasant. A sheer thought of a nice neighborhood brings up a smile and vice versa. And similarly, when it comes to buying a flat or a house, location and neighborhood are two major important decisions to be taken care of.

Buying a home is one of the biggest decisions of a person’s lifetime. It is a dream come true for most people. One of the most crucial factors while buying a home is to choose a location that best suits the needs of you and your family. Each person may look for different things from their neighborhood in terms of the kind of lifestyle they have.

With no dearth of the variety of options that are available for a property in Lucknow that the decision to finalist your dream home may look overwhelming. Keep reading to find out the factors you must consider before deciding where to buy a home in Lucknow.

  • Amenities and Activities: The life that you desire for yourself and your family will determine your lifestyle. So choose a home that will fulfill the needs of your family. Apartments in Lucknow offer a number of amenities for your everyday comfort and convenience. Your home buying decision will depend on what your everyday life and needs look like. For instance, a young working professional will look for amenities like a gym, jogging track, clubhouse etc. to relax whenever he/she has the time in an apartment in Lucknow. A family with kids will look for a play area and sports facilities available on the campus. An elderly couple would prefer a place where this is a yoga zone, park and open green spaces.
  • Convenience: Choose your neighborhood so that you do not spend more time in traffic than actually enjoying your new home. Your home should be easily accessible to places of everyday importance like a convenience store and shopping mall. Availability of Public Transport like Metro, Buses etc. should also be easy to make your everyday commute hassle-free.
  • Secured Neighborhood: It is important to consider that the location you are finalizing is a safe and secured neighborhood. Make sure that your apartment has gated security. Especially in these times when both the partners are working professionals, it becomes all the more important to consider an apartment that has proper security arrangements.
  • Social Infrastructure: Choosing the location for your home is one of the most important factors in making the decision. You should choose a location so that your school, office and other places of daily commute are easily accessible. It is also important to have good connectivity with markets, schools, hospitals, railway stations, airports and other such important places.
  • Transportation: as it sounds, the lack of transportation is a huge factor in deciding upon the purchase of your property. Even if we are well equipped with our own commute, these days that is not the only criteria. We are living in a digital world and we make a lot of our purchases through online Mediums, but as a matter of fact, there are a lot of places where home delivery or transportation is not available by the e-commerce players, in the long run, that can make our lives more complicated and we would be running for small little things to the shops that will charge us obnoxious amounts for petty things. More so the public transport like connectivity from Rail, Metro, Bus and Cab services should also to be searched upon before the final decision of closing on the property deal. 
  • Culture: Whether you want to stay in a quiet family-friendly neighborhood or a busy urban neighborhood is a question you should ask yourself before you come to a decision. You want to live in a place where people have a lifestyle similar to yours. An elderly couple would want to live in a quiet neighborhood whereas a young couple or a family with kids would look for a place which is bubbling with activities like clubhouse sports facility, park, nearby market, schools etc. So do make sure that you take into account all your needs while making this decision.

Buying a home is the biggest decision for a family so do take your own time to discuss with your family about the kind of place they want to live in. We hope this gives you all the things you must look for in your neighborhood while buying a home.

Why should You Research for Buying your Home During Lockdown?

The world is currently going through a phase inimical to whatever we have seen over the last so many years. Most of it has left us with negative impacts and thoughts. However, one thing which it has contributed positively to almost all of us is the time to reflect back. A time to connect with our current selves and plan for the future. It is needless to say that financial planning is one of the most important aspects one has to look at in these circumstances. Let us understand it more in detail.

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One of the most important things to look at in terms of financial planning is the insurance cover for various types. It is important to calculate what is a good level of insurance cover both in terms of life and health cover that is needed for each member of the family. There are various guides available for the same. You can visit the website of any insurance company in India and can arrive at the broad value of cover that you will need. The other important aspect is to understand how will the Covid-19 impacts the economy and thereby the valuation of assets.

Now to do that, one has to use one’s own analysis and it can’t be left to be guided by a single source. How does one decide where to invest. Should it be in gold or share market or bond market or Fixed deposits? Or should one use the available time to stay in the Real Estate Developer in Lucknow and make an investment there? This is actually a good time to spend time planning this. There is time available to research various sources and discuss with family and friend in peace. A good indicator to deciding this will be the understanding of past such events. There have been no such events in the near past which have destabilized the world so much. However, the middle east oil shock of the 70s and the Lehman crisis of 2008 are the best simulations available.

When one looks at what happened during each of these times, there are a few things stand out. In every single case, the reaction of the market was extreme, resulting in value being lost quickly and the regained in double-quick time. The other lesson is the relatively different effects on different products and countries. While in the short term and during the crisis Gold and bonds did better, in the long term it has been the real estate that has been a clear winner. When looked into from the perspective of a developing country like India, this is even starker. This time, it is expected to be even clearer and faster due to a clear indication of industries moving out of China and setting shop in India. The good news is that the CM of UP has been proactively targetting these industries and the response has been good. If that happens real estate will see a huge upside in the coming years. So use this time to look around what is available of value in real estate and invest. For more information please Visit our website: https://www.paarthinfra.com/