Hazratganj, a major area in Central Lucknow, is the heart of the city. It is a prime commercial and retail zone of the city. Many government offices, private offices and financial institutions are located in this micro-market. Vidhan Sabha is also located in this part. Another commercial centre is Aminabad, which is in close proximity to the old part of the city. mall Avenue, Jopling Road, and Gokhale Marg are niche residential localities that surround the Central Business District and are landscaped with prime bungalow style or premium multistoried developments. This zone caters to a large chunk of demand for property in Lucknow. This micro market is a seller’s market due to mitigating residential supply. Thus, the high property rates in these areas are not comparable to the rates in other locations within the city. Sahara Mall, located in this cluster, is the premium mall in the city, attracting maximum footfall all over the year. Some of the prime developers of this area include, Unitech, Eldeco, Ashirwad, etc. Unitech Legacy, Unitech Heritage Apartment, Eldeco Empereur, Ashirwad Aashiyana, Aarohan Crystal Flora Apartment are some of the key projects launched in this belt. There are several Lucknow Central properties that one can choose from at varying price points.
Demand |
Supply |
|
---|---|---|
Apartment |
37%
|
23%
|
Independent House |
11%
|
26%
|
Penthouse |
11%
|
0%
|
Plot |
39%
|
40%
|
Demand |
Supply |
|
---|---|---|
2 BHK |
15%
|
14%
|
3 BHK |
16%
|
71%
|
3.5 BHK |
11%
|
2%
|
6+ BHK |
16%
|
1%
|
Demand |
Supply |
|
---|---|---|
Below 50 L |
55%
|
59%
|
50 L - 2 Cr. |
34%
|
38%
|
2 Cr. - 5 Cr. |
10%
|
1%
|
Demand |
Supply |
|
---|---|---|
Apartment |
71%
|
38%
|
Builder Floor |
11%
|
10%
|
Independent House |
16%
|
11%
|
Demand |
Supply |
|
---|---|---|
1.5 BHK |
25%
|
5%
|
2 BHK |
43%
|
43%
|
3 BHK |
24%
|
29%
|
3.5 BHK |
1%
|
2%
|
4 BHK |
5%
|
2%
|
Demand |
Supply |
|
---|---|---|
Below 15000 |
36%
|
11%
|
15000 - 30000 |
36%
|
46%
|
30000 - 50000 |
19%
|
16%
|
Above 50000 |
7%
|
25%
|