What are the price trends in this area?

Q: Which is the better area to invest, Kanpur road or Rae Bareli Road or Sultanpur Road?

Lohit Raj, Delhi-NCR

27th June 2013

Investment Advice in Lucknow

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Replies (5)

Thank you Neha for reply.

Ruchi Mishra, Noida

28th June 2013

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Hello I am planning to buy a plot in residential area. Please tell me whether its a good idea. I want a house near to any educational institution so that it would good for my daughter to travel in short distance. Please advice me.

Ruchi Mishra, Noida

28th June 2013

Comment

Sultanpur Road is closer to various education institutes with a lot of apartments having an active influx of people. The prices in Sultanpur Road range between Rs 2000 to Rs 3000 per square feet. I think your idea is great and you should go for it.

Neha Srivastava, Delhi-NCR

28th June 2013

You have not mentioned whether you want to invest in a residential apartment of commercial land or plot. If it’s the latter, Kanpur Road is a perfect futuristic choice. It can be one of the best decisions if the area develops as most analysts and industry experts believe it will in the distant future. For residential apartments both Rae Bareily Road and Sultanpur road are good options. While Rae Barely road has its advantages as mentioned by the user above, Sultanpur Road is closer to various education institutes with a lot of apartments having an active influx of people. The prices in Sultanpur Road range between Rs 2000 to Rs 3000 per square feet.

Neha Srivastava, Delhi-NCR

28th June 2013

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Kanpur Road on the other hand is still isolated but analysts feel has a huge potential in terms of commercial activity leading to the industrial city of Kanpur. Kanpur Road has a proposal for an IT park which can attract a lot of consumer interest in the region. As of today Rae Bareli road offers a more lucrative option in the short to medium term.

Sanjay Gupta, Delhi-NCR

28th June 2013

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Should i invest in kanpur road or sultanpur road? Which one would be expensive? Which one will have future benefits?

Gaurav Malik, Noida

28th June 2013

Kanpur Road has a proposal for an IT park which can attract a lot of consumer interest in the region. As of today Rae Bareli road offers a more lucrative option in the short to medium term. I think so for future investment you should go for Kanpur road.

Sanjay Gupta, Delhi-NCR

28th June 2013

Thank you, for the suggestion.

Gaurav Malik, Noida

28th June 2013

Kanpur Road along with Rae Bareli Road and the Sultanpur Road are considered to the future avenues of Lucknow. Since Lucknow cantonment is located between the Rae Bareli Road and Sultanpur Road, the area has vast tracks of military land. Local development in the region has picked up and a number of pan Indian builders have been developing the region at a very fast pace.

Pavan Jain, Delhi-NCR

28th June 2013

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