Lucknow has emerged as the hub of infrastructure, development, and growth in the last couple of years. Its master plan has added new areas to the city to ensure planned development comes with smart city initiatives. Some of the notable locations among them are Gomti Nagar Extension, Shaheed Path, Sultanpur Road, and Sushant Golf City—these areas are rendering huge appreciation to investors.
More or less, Shaheed Path has grown at an average annual growth of about 26%, surpassing the overall growth rate of Lucknow. Now, let’s delve deep into the real estate potential of Shaheed Path and try to understand what makes it one of the most preferred investment options, be it commercial or residential, in the city.
Shaheed Path: A Prime Location
Completed in 2012, Shaheed Path is a 23 km-long bypass road that has helped decongest Kanpur Road to Faizabad Road. This road has triggered development on both sides, with major townships like Sushant Golf City and Vrindavan Yojana attracting residents from all across the state and the country.
The road connects major city destinations and makes commuting quite easy; it is also directly connected to Lucknow’s international airport at Amausi. The city also has many connectivity options, such as a metro and various ring roads or bypasses. Whether you wish to make an investment or buy a property in Lucknow, Shaheed Path offers you every reason to make your dream come true.
5 Reasons to Invest in Shaheed Path
There are five fundamental aspects taken into account when evaluating a real estate investment. Let’s break down how Shaheed Path measures up:
- Location: Shaheed Path is well-located for high visibility, being in close proximity to numerous dwelling places and businesses.
- Infrastructure: Shaheed Path’s developing infrastructure makes it suitable for various investors and continues to grow and develop.
- Employment: It is surrounded by large employment generation centres, like HCL’s largest IT park, which is only a few kilometres away and houses thousands of IT professionals.
- Affordability: The houses located on Shaheed Path are affordable, with good scope for rental yield and capital appreciation.
- Quality of Living & Ease of Doing Business: Shaheed Path boasts an incredible planned development, connectivity, and excellent physical facilities. Its single-window clearance helps make doing business here a breeze.
Choosing the Right Investment: Commercial or Residential Properties?
Is it wise to invest in a commercial building at Shaheed Path, or is it better to invest in residential property? Here’s the catch:
Whether you are a first-time buyer, an investor seeking capital appreciation, or someone with specific requirements, Shaheed Path is a vast ocean of opportunities where leading developers have brought out exclusive and outstanding projects.
Best Residential Apartments on Shaheed Path
If you plan on investing in residential properties, Shaheed Path provides an outstanding collection of under-construction and ready-to-move-in investment opportunities. Notable options include:
- Ekana Ontario
- Excella Kutumb
- Rishita Manhattan
These developments will offer an opulent life with all the facilities that are now in demand in Lucknow.
Leading Commercial Properties on Shaheed Path
Some of the projects through which top-quality investments that investors are making are bringing Shaheed Path commercial properties to new heights are listed below:
- Migsun Janpath: Under construction; possession by December 2024.
- Migsun Lucknow Central: This upcoming development is meant to offer a mix of office spaces and retail shops in Lucknow for sale.
- Ekana Mall: This under-construction property will be counted as one of the major commercial landmarks in the City of Nawabs.
These commercial projects are specially designed to accommodate a vast range of tenants, thus effectively offering something for every visitor and investor.
Why Is Amar Shaheed Path A Wise Investment Choice?
Shaheed Path has grown as an outstanding destination for residential and commercial investments in Lucknow. Its location, supported by robust infrastructure, great job opportunities, affordability, and quality of life, makes it an ideal investor destination.
Be it a modern residential apartment or a commercial space, Amar Shaheed Path has some unmatched opportunities which guarantee high returns. Be a part of the future of real estate investing in Lucknow and stake your claim in this thriving region.
Other Best Areas To Invest In Lucknow
Lucknow is home to numerous residential localities, each with its own peculiar charm and advantages. Let’s learn about the best localities in Lucknow that suit your lifestyle and investment goals and how to get the most out of this city.
Hazratganj
Hazratganj is one of the most posh and upmarket localities of Lucknow, characterised by an underplayed Victorian charm. It is located at the very heart of the city and is the elite of Lucknow. It is a heady mix of historical charisma with the famous biryani spots and modern-day convenience in the form of the city’s first shopping mall. Property prices are pretty high in this area due to the prime location and status.
Gomti Nagar Extension
This locality lies on the banks of the Gomti River. Though the Gomti Nagar Extension used to be submerged in continuous flooding, the construction of the Bund by LDA in 2009 changed everything. Property prices here are pocket-friendly compared to other posh areas, making it attractive for real estate enthusiasts. It is well-connected via Amar Shaheed Path, NH-28, and NH-56, ensuring easy access to the rest of the city.
Raebareli Road
Raebareli Road is among the most progressive regions for growth in Lucknow. With a six-lane National Highway (NH) 24-B running route of Raebareli and Allahaba, this region has grabbed immense attention from potential investors and homebuyers. Many industries and government organisations have settled here because of the low land cost as compared to Kanpur Road, Sultanpur Road, and Faizabad Road. This has led to tremendous growth, especially in the residential real estate market and is a clear indication of market liberalisation. These include the current social infrastructure elements which make the locality more attractive.
Charbagh
Charbagh has always been famous for the kind of living experience that customers would like to experience. Connected through the central rail, Charbagh Metro Station is functional on the red line of Lucknow Metro. It features modern structures that guarantee locals a comfortable lifestyle. The rapidly increasing property prices in this area are presenting money-making opportunities to invest here as they will fetch a higher price in the future.
Jankipuram
Jankipuram is known as a suburb of Lucknow, and its development has been observed in the past ten years. It is located in a relatively isolated area, which makes it a very quiet place, and people live quite peaceful lives. Although it has a calm and quiet neighbourhood, Jankipuram is well-equipped with infrastructural and social facilities. It also has good access points to other central parts of the city, making it a perfect place to live.
The Final Words
Shaheed Path is one of the top investment destinations in Lucknow, offering state-of-the-art investment opportunities. Whether you’re looking for the premium residences of Ekana Ontario or Migsun Lucknow Central shops near Medanta Hospital, Shaheed Path holds unlimited growth prospects for a vibrant real estate future.
With close proximity to various infrastructures and employment hubs, this region provides potential gains for every investor. Diversified options across other places include Hazratganj, Gomti Nagar Extension, Raebareli Road, Charbagh, and Jankipuram. Step into the given opportunities of Lucknow; make your way into this fast-emerging city.