Friday, January 18, 2008

Organised Retail Transforms Lucknow Property Markets

Establishment of shopping malls has successfully changed the face of real estate in Lucknow and improvements are quite visible on the aspects of design, project-size, quality of construction, and other aesthetic and safety elements, in the upcoming projects. “Popularity of shopping malls in Lucknow has played major role in driving developers for producing high-quality properties in the city and people in Lucknow have become forward-looking and demand best of facilities.

The impact is visible not just on commercial properties but residential sector to a large extent, he informed. Nevertheless, Lucknow has shrugged off its past image of a slow-moving city to a fast-developing city, and an overall change has been witnessed in the outlook of the residents. “It is more about growth now,” Mohd. Afaque, a senior resident of Lucknow sums up the story in his own way.

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