Investing in Niralanagar

You haven’t mentioned whether you are looking at Niralanagar purely from an investment point of view or plan to live there as well. Niralanagr has been one of the traditional growth areas of Lucknow city along with Aliganj. The area has witnessed good growth over the last couple of decades giving investors good returns over a short period of time. Currently the situation is not as good as no new construction activity is going on and the market has virtually become a seller’s market with second hand apartments and plots available. With the auction of LDA plots and apartments in neighboring Jankipuram, the consumer sentiment has moved on from Niralanagar.