Jopling road or WazirHasan road

Q: Which is a better area to invest Jopling road or WazirHasan road? Which area is better for a short term investment and what are the current price trends?

Ananya,

4th July 2013

Investment Advice in Lucknow

short term investment

projects in jopling road

apartments in wazirhasan road

Follow Discussion

Also see discussions for

Lucknow Investment Advice Investment Advice in Lucknow

Replies (3)

Thank you everyone for your valuable comments. Now I have got an idea of where to invest and should I go for long term or short term investment.

Ananya,

5th July 2013

Comment

If you are seeking for a short term investment opportunity neither of the two mentioned areas fits the bill. Both Jopling Road and Wazir Hasan Road are prime residential areas of Lucknow and prices have been escalation slowly over the years. While the growth is steady, it is slow and not exponential like some of the areas in the outskirts and Trans Gomti areas. The prices in Jopling Road for apartments range between Rs. 4000 to Rs. 6500 per square feet while land prices are a tad higher with low availability. Think long term if you are seeking to invest in either Wazir Hasan Road or Jopling Road.

Vinu S,

4th July 2013

Comment

Your question is a little incomplete because investment can mean different thing for different individual. If you are seeking to purchase a property for your residential purpose and have a decent budget, Jopling Road is by far one of the best area to live in Lucknow. The area has flagship bungalows surrounded by a line of trees and good landscaped gardens. Close proximity to the Central Business District (CBD) is also a massive advantage. While the downside is that prices may be a little too high for comfort and break even time may range between medium to long term. The property prices range from Rs. 3,500 to Rs. 6,500 per square feet.

Sujan Mitra,

4th July 2013

Comment