Future of Lucknow Realty Market

Lucknow real estate market has gained momentum over the last couple of years. The city offers substantial potential for future growth and this is being supplemented by proactive policies of the State Government. The Authority has taken active initiative in the all-round development of Lucknow. Proper planning of the city's infrastructure and of amenities and utilities are being done to support future growth in the city. With numerous flyovers, wide roads, stylish malls and multiplexes, modern apartments, projected metro and influx of MNCs, Corporates and renowned  brands &  outlets along with the emergence of  educational, professional & medical institutions, Lucknow is witnessing a makeover and meeting the expectations of those who have a penchant for modern and international living. The city has also emerged as a major hub for business centers with immense market potential. Hence, there is an ever-growing demand for residential & commercial properties.  

To cater to this requirement, Omaxe Group has developed several landmark projects in Lucknow. Omaxe has successfully handed over two projects – Omaxe City on Amar Shaheed Path and Omaxe Heights in Gomti Nagar, while Omaxe Residency in Gomti Nagar extension will soon be offered for possession.  Amar Shaheed Path, considered a lifeline for the people of Lucknow, is 23 km long and a part of East-west corridor. It connects Lucknow-Kanpur Road (NH-25), Lucknow-Raebareli Road of NH24B, Lucknow-Sultanpur Road (NH-56) and Lucknow-Faizabad (NH-28). Due to the presence of these, distances to Lucknow have been shortened considerably.

Encouraged by the city’s infrastructure growth, Omaxe is investing in large scale projects in emerging real estate hot-spots like Sultanpur Road/ Raebareli Road. Forthcoming projects like Omaxe Residency 2, Omaxe  Heights II and OmaxeAnandam will further develop the landscape of the city. OmaxeAnandam is a novel and highly stylized project. It has 2 & 3 bedroom apartments, designed keeping in mind the aesthetics of the living area and the surrounding landscapes as well. With such projects on display, Omaxe has surely taken the mantle of providing superior living at affordable cost to the Lucknowites.

Greater Noida,the fastest developing sub-cities in the NCR

With increase in land rates in Delhi it has become impossible for middle class buyers to own a property in capital hence Greater Noida has become one of the fastest developing sub-cities in the NCR.An exceptionally good infrastructure and planned development has ensured that Greater Noida is today a hot real destination for residential, commercial and institutional space. Omaxe Palm Greens is one such project in the region that has maintained the architectural ethos of Greater Noida – open and green spaces, wide roads and spacious apartments with multitude of choices; all at an affordable rate has recently has handed over possession of approx. 628 units. Spread across 14 towers, these units range from 970-1790 sq. ft. in offerings of 2 & 3BHK.

Affordability and accessibility are the hallmark of Omaxe Palm Greens in Greater Noida. Yamuna Expressway, proposed Metro Rail, Greater Noida expressway, F1 track and growing habitation in the region make for a compelling reason to own a unit in Omaxe Palm Greens. The company has handed over possession of about 628 units spanning over 14 towers. Facilities include open and green space, parks, kids’ play area, wide roads, club, the construction of which is going on in full swing, with all the modern day recreation facilities including a swimming pool have added to the charm of the project. The proposed commercial space “Palm Court” will aid in fulfilling the daily needs of the residents and people from adjoining area. A good investment opportunity that it was once thought of, Omaxe Palm Greens has exceeded the expectations on that front, appreciating approx. 70 percent in the last 4 years.

Spread across approx. 23 acres, the residential complex has various options; from high-rise and low-rise apartments to expandable villas (Palm Villas), commercial shops (Palm Court), soon-to-be-operational club among others. Wide roads, sufficiently large open and green space, parks, kids’ play area are some of the features that make for a compelling reason to stay at Palm Greens.