Buy an apartment in Aliganj

Q: I am planning to buy an apartment in Aliganj, Lucknow. Which is the best project to buy a residential flat with good amenities and which gives me short term gain returns?

Vasanth,

4th July 2013

Buying property in Lucknow

residential property

apartment in aliganj

residential flat

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Replies (2)

Aliganj is a good choice to invest as the average apartment prices have witnessed a growth of 8 to 10% compared to last year. The downside as mentioned by the above user is all there are absolutely no new projects and the whole market is virtually a resale market. If you buy any property in resale at a premium chances are that it may take you medium to long term to attain substantial gains. Aliganj has a number of positive factors going in its favor that’s why consumer sentiment has always been high for the region. You can also focus on Jankipuram as suggested by the above member.

Harmeet Kaur,

4th July 2013

Comment

Hi Harmeet, Do you stay in Aliganj? Can you tell me what are the positive factors in this area?

Vasanth,

4th July 2013

Great to hear that you are interested in investing in Aliganj. Aliganj was one of the first regions on the Trans Gomti Zone 2 that witnessed unprecedented growth in the last 20 to 30 years. Today there are no more active realty projects in Aliganj and the whole area is simple a secondary market. If you want to buy an apartment in Aliganj you would need to collaborate with a seller. However if you are flexible and want to procure a plot in close by regions, you can check Jankipuram and Sitapur Road regions. The recent LDA apartment project in Jankipuram was a big hit with the users.

Govinda,

4th July 2013

Comment

I am looking for an affordable apartment in Jankipuram. My budget is around Rs 30 lakhs. Please help.

Srikumar Nair,

4th July 2013

You can go for projects like Sangam Apartments, Srishti Apartment and Tee Rose Towers are some of the projects that offers apartments within your budget.

Lokesh Patwa,

4th July 2013