Properties for sale in Lucknow by Antriksh India

In a bid to connect interior and semi-developed towns of Uttar Pradesh, the state government plans to build an expressway between capital Lucknow and Ghazipur. With the state initiating the process to select contractors, the expressway project, also known as the Purvanchal Expressway, is all set to kick off.

From Rs 3,000-4,000 per square foot (psf) in 2012, property prices at AP Sen Road have gone in the range of Rs 5,000 to Rs 7,500 psf now. Those searching for spacious residential properties offering quality living can find good deals at AP Sen Road within the range of Rs 1-2 crore. While developers are offering various kinds of housing configurations, the demand is inclined more towards 2BHK apartments.

Branded residence as an asset class in India is in the evolving stage at present. Many industry experts believe that India's wealthy population has significantly grown and thus this niche market will continue to find takers in the coming years. Branded developments have an edge over other uber-luxury projects owing to their exquisiteness and luxe appeal - with inclusion of customised furniture and furnishing accessories, exclusive fabrics and the status value which comes along. In the latest news, Italian fashion company, Versace has tied up with Unity Group to launch a luxury project in Delhi after its stint in Mumbai.

Noida and Ghaziabad crossed the 300 mark as particulate matter-10 (PM10) levels touched a high on March 28. The situation was likely to prevail in the days to come, said experts.  According to another report by the Uttar Pradesh Pollution Control Board, six cities in India’s most populous state have nearly four times the PM10 level against the permissible limit. In this list of 24 cities where an air quality check was conducted in February, Ghaziabad leads this pack while Lucknow and Kanpur are listed at the second and third place, respectively.  Noida occupies the fourth place.

The Yamuna Expressway Industrial Development Authority has signed pacts with as many as 28 private players who promised to invest as much as Rs 10,074 crore in the region. To make sure investment promises do not go to cold storage, the agency will soon start the process to allocate land to these companies to set industrial units in the region. If all the companies set their units in the region, 28,000 new jobs will be created, apart from five lakh indirect jobs. This could give a major boost to real estate in the region.