Buying property in Hazratganj

Q: Buying property in Hazratganj, Lucknow.Hi I am looking to buy a property in Hazratganj. Please suggest any good project. What is the current price trends and the banks giving loans for this project?

Samrat,

5th July 2013

Buying property in Lucknow

property in hazratganj

buying property in hazratganj

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Replies (3)

Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Rakib, Lucknow

28th August 2013

Comment

Hazratganj is the heart of Lucknow city and is one of the best locations in the city. Surrounded by swanky Malls and commercial centers, it’s the central location of Hazratganj that makes it stand out from other regions of the city. You have not mentioned if you are seeking to buy residential or commercial property? With a number of commercial centers and shopping malls being developed, there are a number of options for investing in a commercial property. As far as residential property is concerned, most of the options revolve around resale. Getting a bank loan for a resale may be a little troublesome but if the papers are clear, it is likely to work out smoothly.

Himani,

5th July 2013

Comment

You can get a loan for buying resale property though there could be some additional legal and procedural requirements. If the property is not registered, you will not get loan

Javed,

5th July 2013

Good to know that you are keen on investing in Hazratganj. The area is one of the most up market regions of the city and houses many offices and commercial activity. The Uttar Pradesh Vidhan Sabha building is located in close proximity to Hazratganj hence the area always commands a premium as far as real estate is concerned. Hazratganj is seller’s markets as there are few new projects due to space crunch. Some of the major developers active in Hazratganj include Eldeco, SAS and Halwasiya. The price range of apartments in Hazratganj lies between Rs. 3500 to Rs. 4500 per square feet.

Rituraj,

5th July 2013

Comment

The price trends on Hazratganj have been witnessing various ups and downs. The price per sq. ft. was at Rs 4932 in Oct-Dec 2012 quarter and then price depreciated to Rs 4627 in the quarter of Jan-Mar 2013. In the Apr-June quarter of 2013, the locality price appreciated to Rs 4849 per sq. ft.

Sishir,

5th July 2013

Hi Samrat, Are you looking for resale property or first hand? In which project are you looking for a flat?

Mritunjoy Deb,

5th July 2013