Real Estate Overview of National Highway 28 in Lucknow

The stretch of National Highway 28 (NH 28) in Lucknow offers an exciting opportunity for potential buyers and renters looking at real estate.

Connectivity and Accessibility

NH 28 functions as a key transportation link, connecting Lucknow with major cities and industrial hubs in Uttar Pradesh and Bihar. This enhanced connectivity has greatly boosted the real estate market in the region. With the highway's presence, accessibility has improved, attracting both residents, businesses, and investors.

Real Estate Growth

The development and expansion of NH 28 have spurred significant real estate growth. Cities along the highway, specifically Lucknow, are seeing an increase in housing and commercial developments. New suburbs and satellite towns have emerged, catering to those who want homes outside urban centers but still within reach of big cities. This boost has energized the real estate sector, opening new opportunities for developers and investors.

Property Prices and Trends

In Lucknow, property prices average around Rs. 5,625 per square foot, starting as low as Rs. 769 up to ₹35,000 for luxury properties. Areas like Gomti Nagar, Indira Nagar, and Vrindavan Yojana near NH 28 have experienced noteworthy price increases because of their strategic locations and improved connectivity.

Local Amenities and Infrastructure

The locality's infrastructure and amenities have grown alongside the highway. This includes retail spaces, housing projects, and commercial establishments. For example, Barabanki, situated along NH 28, has become an appealing area for those working in Lucknow, thanks to better accessibility and improved infrastructure.

Investment Potential

Real estate along NH 28 in Lucknow presents a strong investment potential. With higher demand for residential and commercial properties, along with rising property values, it's a profitable area to invest. The strategic location and improved connectivity guarantee a consistent increase in property values over time.

PropertyWala's Final Assessment

For individuals seeking to buy or rent property in NH 28's Lucknow locality, the area provides convenience, growth potential, and rising property values. With bettered connectivity, a booming real estate market, and developing infrastructure, it makes an excellent choice for both users and investors. Given the current trends and the strategic importance of NH 28, investments in this locality are likely to yield positive returns in the future.