Investment in Thakurganj

Q: Hi, I am looking to invest in Thakurganj, Lucknow. Is there any commercial land for sale? Please tell me the price trends.

Imran Khan, Ghaziabad

19th July 2013

Investment Advice in Thakurganj, Lucknow

buying property

investment advice

price trends

real estate in lucknow

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There are plenty of commercial land deals available in Thakurganj but the real problem as the above member mentioned is that these areas are stagnant and are fully a seller’s market. The prices may vary from seller to seller and due to the unorganized nature it is not always easy to procure property in parts of old Lucknow and its surrounding areas. You can also consider Chowki which is a mix of residential and commercial areas which may offer you better deals as far as future investment proposition is concerned.

Ravi Ji, Lucknow

19th July 2013

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Yes Ravi you are right and The average prices between Rs. 2000 to Rs. 3000 are likely to stay at these very levels or increase a bit in the near future but I foresee no major spike.

Gaurav, Lucknow

19th July 2013

Thank you all for the details.:)

Aslam, Lucknow

19th July 2013

Thakurganj along with Chowk, Rajajipuram and Rakabganj are all part of the Cis Gomti zone 5 region of Lucknow city. Being located at close proximity to Old Lucknow, Thakurganj and other areas are a seller’s market. The whole market runs on resale business with very few new projects in the pipeline. The average land prices in Thakurganj range between Rs. 2000 to Rs. 3000 per square feet. There are a number of seller willing to sell their plots and lands but the resale market makes it a little unorganized and hard to find any good and genuine sellers. Please check all the paperwork before you finalize any deals.

Ravi Ji, Lucknow

19th July 2013

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