Contributing to the growth
Indian economy has found one of the greatest supports in its run towards economic goals from the real estate sector. Much contribution has been coming from this domain. 8.53% of nation’s GDP comes from this sector proving its worth. The growth rate has been around 30% alluring more and more investors in this line of business. Indian real estate industry is the 5th largest when it comes to getting foreign investment. All these paved the path for development and more options for buyers and high ROI for investors. Much contribution has been coming from metros like Delhi, Mumbai and Bangalore but the time is also getting favorable for other cities.
Changed behavior called for changed approach
Unlike 25 years back people are now keener than owning a property then staying in rented houses. The idea is to invest on-time and have an own place in their own name instead of paying for soothing which they will never own. This had added more popularity to the residential segment purchasing trend. With more and more global companies coming to India the demand for commercial properties are also on the rise. Presently the Indian real estate industry is worth $15 billion which is expected to go up to $90 billion by next year itself as per ASSOCHAM.
The Lucknow Landscape
The growth of the real estate industry is evident in cities like Kolkata, Chennai etc., but what makes it even more interesting is the growth rate visible in tier II and III cities like Lucknow, Patna, etc. This has made potential investors look for leveraging out of cities like Lucknow. Having a rising demand of properties due to the 35% plus earning young generation in the city, Lucknow is making headlines with rapid growth in this sector. Options like high-end global constructors and nations leaders related to this sector are making their presence felt over here. This is considered to be the most favorable time to make a purchase in the city as it is expected that the price will go up at a rate of more than 25% annually.
Option that is worth seeing
While taking about the Lucknow’s property sector the name of Mahamaya Infrabuild pvt ltd comes quite naturally. They have been operational for quite a long period of time in this city and have been responsible for single handedly taking the standard of residential real estate property in the city to new heights. With a strong and increasing base of loyal buyers of their properties, they are driven by quality. If you are seeking something more than just house in respect of quality, affordability and class have a look at their projects.
The Casa Green effect
Casa Green is the name given to Mahamaya Infrabuild Lucknow project – one the creator’s best offers till date. Casa Green is meant for those who love being in the abode of nature without compromising on the modern lifestyle, healthcare and education facilities. The housing options include 2/3/4 BHK apartments spread across a divergent pricing scheme. Located in Aligarh, Casa Green project this is just a stone’s throw distance from metro station and 6KMs from railways station.
If you are looking for a housing option in Luncknow, Casa Green from Mahamaya Infrabuild comes across as a sincere option.
Data Source: http://goarticles.com/article/Mahamaya-Infrabuild-Adorning-Lucknow-S-Real-Estate-Reality/8955646/