Impact of Metro on Lucknow’s Real Estate

Finally, the wait is over the metro has arrived in the city of Nawabs. Now we have got another badge of honor on our city’s development. The metro has certainly revolutionized the way of transportation of residents which is fast, safe, reliable and undoubtedly cost-efficient too. Currently the metro is in phase first of trail but its popularity can be seen already. This Lucknow Metro Rail Project Phase1-A will cover a total distance of 22.878 km between Chowdhary Charan Singh Airport and Munshi Pulia with up to 22 stations.

Lucknow Metro Map (Distance is in meters)

Courtesy: mapsofindia.com

1	Chowdhary Charan Singh Airport	0m
2	Amausi	807.23m
3	Transport Nagar	1200.47m
4	Krishna Nagar	1236.5m
5	Singar Nagar	1584.31m
6	Alambagh	1385.6m
7	Alambagh ISBT	712.51m
8	Mawaiya	767.51m
9	Durgapuri	1176.93m
10	Charbagh / Lko Rly Staion	764.49m
11	HussainGunj	1371.03m
12	Sachivalaya	934.58m
13	HazratGunj	1052.33m
14	KD Singh Babu Stadium	1124.88m
15	Vishwavidyalaya	1480.81m
16	IT College Junction	825.83m
17	Mahanagar	1092.94m
18	Badshah Nagar	673.44m
19	Lekhraj Market	976.87m
20	Ram Sagar Mishra Nagar	718.85m
21	Indra Nagar	901.17
22	Munshi Pulia	1560.49

The metro network not only solves the problem of transportation but also improved the cost of property surrounding stations. Those who have bought the flats, plots or residential properties in Lucknow around the areas of a metro station have witnessed the hike in CAGR (Compounded Annual Growth Rate). It is basically a useful measure of growth over multiple time periods. It can be thought of as the growth rate that gets you from the initial investment value to the ending investment value.

The areas near the Kanpur road have witnessed the price hike the most in Lucknow. If you have bought land, plot or a property in these areas of Lucknow, then it is moment of rejoice for you. But if you haven’t yet it is the right moment to invest. Many of the property dealers in luck now has come up with many affording offers in property; adopt anyone that fits in your budget. Lands are the most promising investments in recent times.         

The Real Estate projects are going on in the developing areas of Lucknow which are ideal for the investment in residential plots and properties. Dreamz Infra Ventures is one such Real Estate Brand providing the opportunities to invest on Kanpur Road. They are providing you the best location and value added residential plots at Kanpur Road.

Some of the highlights of Kanpur project are:

a)     Nearby CCS Airport Metro Station.  

b)    Charbagh Railway Station is just 16 Kilometres drive away.

c)     Amausi Airport is just 7 Minutes drive away.     

d)    Jawahar Navodaya Vidyalya is just 1 Kilometre.

e)     Alambagh Bus Terminal is just 14 Minutes drive away.

f)      Shaheed Path is just 8 minutes drive away.

g)     Phoenix mall is just 12 minutes drive away.

h)    Kanpur highway is just 7 minutes drive away.

What else can we look ahead to?

The LMRC project is likely to generate noteworthy direct and indirect employment opportunities for Lucknowites. This is just the beginning of development in Lucknow soon we are going to give a tough competition to all those metropolitan cities of India.