Latest Answer: Residential property in Alambagh is a bad idea as suggested by the above member. It is an outright commercial area and unless you have a commercial establishment nearby and cannot travel due to some issues, I would suggest you to stay away from Alambagh. You can however look at Chowki which is also a commercial hub but it offers a mixture of residential and commercial establishments. The prices in Chowki as of today offer value for money deals and I expect the prices to increase over a period of time say between 7 to 10 years. Think medium to long term for any investment in parts of old Lucknow or close by areas.
