Investment in Chowk

Lucknow real estate market is moving through a definite transition phase. More and more people are opting to stay in modern high rise apartments compared to traditional independent houses or kothis. Still if you want to buy an independent bungalow in Chowk you will have to be ready for a resale property. Since the region is semi residential and semi commercial there are a few apartments available with not many new projects in the pipeline. Being closer to old Lucknow and home to number of artisans and traders offer Chowk a traditional business benefit but its real estate segment is quite stagnant. Chowk is good if you are going to stay there but if you are seeking to buy for investment you can get many more options.