Tuesday 10 September 2013

The soaring feet of real estate India


The state Uttar Pradesh is undergoing phenomenal change. Everywhere construction works are going on; some of national repute others of international repute. Roads, bridges, highways and buildings are constructed rampantly to ease lives of the people. It seems that real estate India is growing exponentially. Urbanization after hitting some of the most prominent cities like Noida, Ghaziabad and Allahabad has swept into Lucknow. This particular city has also been conferred the title of Constantinople of India is undergoing construction. It is ensured through commercial sites and residential flats and apartments. However, in the last two years the real estate industry of the city experienced stagnation.

The stand still nature was held responsible to many factors. Fresh graduates turned off for different domains of jobs, there used to be delay in government clearances and protests from the ends of farmers. On the basis of these facts home in Lucknow was sold like hot cakes. However, the industry could meet the kinds of houses that were made to vary on the choice and price scale. Finally the large manpower could get the shelter to stay. While some of them chased for eco friendly ones the others stressed more on connectivity and accessibility. There was no dearth of residential flats and apartments. 

Being the capital city it earned a good fame in the corporate world. The other reason was that most of the other cities were already occupied and there was scarcity of open spaces. Therefore, Corporate Office Space in lucknow kept multiplying and were implanted in plethora. With it the opportunities for employments were paved. Labors and managers and engineers need not migrate to anywhere in search of jobs. Everything was at their disposal. This also curbed the menace of crimes as there prevailed jobs and people need not get indulged in mischievous activities.

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