Ansal Olympus Lake View Apartments

By: Ansal API in Gomti Nagar

Overview

Gomti Nagar is an area located in the eastern parts in the North Indian city of Lucknow consisting of both residential and commercial hubs. It is one of the largest and upcoming areas of Lucknow. It is a well planned and developed locality of Lucknow developed by Lucknow Development Authority (LDA). Gomti Nagar and Gomti Nagar Extension jointly is the largest well planned developed township of India. Now, Gomti Nagar is developing as the commercial and IT Hubs of Luckow. Many important Government offices like the Reserve Bank of India (RBI), Lucknow Metro, PICUP, Office of the CRPF, Custom Division, Institute of Cost and Works Accountants of India, Institute of Chartered Accountants of India, Bharat Sanchar Nigam Limited (BSNL), etc. are situated in Gomti Nagar. The Sahara City of the Sahara India Pariwar, including the residence of Mr. Subrata Roy, is also situated in Gomti Nagar. It boasts of some important National and State level headquarters of SONY, Reliance Retail, Ultratech Cement (Aditya Birla Group) etc. It also has a developed industrial area with several factories and industrial units. Gomti Nagar is divided into various sectors known as "Khands" and name of all "Khands" start with letter "V". The transportation is mainly road based. It is connected with the city through city bus, auto rickshaw etc. Chinhat, Kamta, Mahanagar, Indira Nagar, Hazratganj, Sarsawan, Sarai Shekh, Bhaisora, Jankipuram, Rajajipuram, Alambagh, Krishna Nagar, Ashiyana are the prominent localities situated close to Gomti Nagar. Some of the key residential projects in Gomti Nagar are Paarth Arka Phase II, Arsha Madhav Greens, Neelendras Amity Greens, Balaji Landmark, Purvanchal Kings Court, Shalimar Oneworld Belvedere Court Integrated Tower among others.

Connectivity

Gomti Nagar railway station is the main railway station which is situated on Barabanki-Lucknow Suburban Railway railway line. Many stations are covered by Lucknow-Kanpur Suburban Railway. It serves daily commuters. Some of the trains are operated from Barabanki city. Daliganj Junction, Lucknow City Junction, Aishbagh, and Durgapuri are the nearest railway station to Gomti Nagar. However, Lucknow Railway Station is the major railway station which is located at a distance of 13 km via Lohia Path. It has excellent connectivity to Chaudhary Charan Singh International Airport which is located at a driving distance of 24.9 km via NH 27. For the Gomti Nagar Metro link, the train coming from the airport terminal was to be diverted towards Gomti Nagar at the Indira Nagar trisection Polytechnic crossing along an elevated route. The planned stations were Indira Nagar, Trisection, West End Mall, Gomti Nagar and Patrakarpuram.

Factors for Past Growth:

Its connectivity to Chaudhary Charan Singh International Airport along with major commercial and industrial hubs have been a plus point for residential demand and consistent rental yield. A large number of the workforce come to the city for the employment opportunities want to have their residence close to their workplace. As a result, property for rent in Gomti Nagar gets its proposed tenants.

Factors for future growth

Patrakarpuram is the busiest market in Gomti Nagar. It is a major shopping and recreational hub and houses restaurants, cafes, shops and food-joints. Marine Drive/River Drive (unofficial name) located on the banks of river Gomti is a crowd-puller during evenings. The musical fountain show organised every evening in a nearby park attracts people from all over the city. People from different localities are investing in this locality due to above mentioned factors. The construction of the Riverfront mega project is another highlight of this place. It is a 8 km long project which includes walkways, cycle-tracks, benches, greenery, lighting and beautification of the river banks on both sides. It gave space to development of commercial activities in the whole region as well as sources of revenue for the state govt. Its connectivity to International Airport along with major commercial and industrial hubs have been a plus point for residential demand and consistent rental yield.

Employment hubs near Gomti Nagar:

• Software Technology Parks of India (4.8 km)
• HCL IT City, Sultanpur Road, Lucknow (8 km)
• Triveni Engineering Co.(1.4 km)
• Aditya Industries (1 km)
• Greenfire Industries Pvt Ltd (3.7 km)

Infrastructural Development (Social & Physical)

Seven shopping malls cum multiplexes Wave Mall, Fun Republic Mall, City Mall, Singapore Mall, One Awadh Center, Platinum Mall and Riverside Mall are situated in Gomti Nagar. The Lulu Mall is under construction on Shaheed Path claim as the biggest mall in India by owner. The mall is spread in 22 Lakh sq ft. area. Lulu group invested 2000 Cr. for this. It is home to some of the most famous restaurants, pubs, cafes and eating joints such as Dastarkhwan, Barbeque Nation, Cafe Coffee Day, McDonald's, Barista, Mainland China, Pizza Hut, Domino's, Royal Cafe, [1] Cocoberry, Moti Mahal Deluxe, Aryans, JJ Bakers, Mr. Brown, Neelkanth Sweets, Cappuccino Mini Blast, Percussion, Pind Balluchi, Metropolitan Club, Zero Degree, Spice Caves, Vintage Machine, Kareem's, Bati Chokha, The Urban Terrace and many more. Gomti Nagar possesses best-in-class infrastructural facilities encompassing: It has many reputed schools and educational institutions in its vicinity. Some of them are Eurokids, Study World School, Royal Mount Academy, Shemrock Little Explorers, Sai Public School to name a few. Some of the renowned hospitals providing healthcare facilities to the residents of Gomti Nagar are Divine Hospital, Sahara Hospital, Vatsalya Hospital, Mayo Medical Centre, Civil Hospital Lucknow, Satya Hospital, and St Joseph Hospital.