Location and Accessibility

The Mall Avenue, often known as the Mall Road area in Lucknow, holds a prime and strategic location. This area is within close proximity to important locations such as Hazratganj, Husainganj, Lalbagh, and Udaiganj, making it easily accessible and convenient for both residents and businesses alike.

Property Types and Availability

• Residential Choices: The area provides a variety of residential opportunities including 2BHK, 3BHK, and 4BHK flats, as well as duplexes. Both new and ongoing developments are available, with some set to finish by 2030.
• Commercial Venues: There are lots of shops and commercial spaces for rent, making it a perfect spot to start boutiques, cafes, and other service-oriented businesses.

Amenities and Facilities

• Basic Installations:
  • Car Parking
  • Lift with backup power
  • Common roof access
  • Firefighting systems
  • Easy bank loan options
• Close to Essential Services:
  • Schools: St. Marks School is located just 0.3 km away.
  • Hospitals: Shubhshree Hospital lies only 0.2 km away.

Price Trends and Rates

• Residential Prices: The typical cost per square foot in this area is around ₹5.68k/sq.ft, with EMIs beginning at ₹28.6 K for a common 950 sq.ft flat.
• Commercial Prices: Shops are available for lease from ₹40,000 for a 300 Sq.Ft. space.
• Property Movement: The area showcases stable property rates. Over the past year, there have been no major changes, pointing towards a stable real estate scene.

Developers and Projects

• Leading Developers: GC Construction and Rohtas Builder rank among the well-known builders in this area, boasting a record of successful projects.
• Noteworthy Projects: Popular developments include Orchid Apartments, Rohtas Golf Link Apartments, and GC Enclave.

Infrastructure and Growth

• Infrastructure Advancements: The area is benefiting from Lucknow's continuing infrastructure enhancement, such as changes in the railway network and the introduction of a green and sustainable terminal at Lucknow Airport.
• Market Demand: The real estate market in this area is burgeoning due to its appealing infrastructure advancements, making it a strong investment choice.

PropertyWala's Summary

The Mall Avenue in Lucknow makes an appealing option for both buyers and renters due to its top-tier location, wide array of property types, and strong amenities. This area's stability in property rates, closeness to essential services, and ongoing infrastructure improvements make it a top choice for those wanting to invest or live in a lively and well-connected part of the city. Whether you're looking for a home or a commercial place, The Mall Avenue offers a mix of ease, accessibility, and potential growth.