Pradhan Mantri Awas Yojana- Housing for All (Urban)

At the slum decadal growth rate of 34%, the slum households are projected to go upto 18 million. 2 million non-slum urban poor households are proposed to be covered under the Mission. Hence, total housing shortage envisaged to be addressed through the new mission is 20 million.

The Mission is being implemented during 2015-2022 and provides central assistance to Urban Local Bodies (ULBs) and other implementing agencies through States/UTs for:

1. In-situ Rehabilitation of existing slum dwellers using land as a resource through private participation
2. Credit Linked Subsidy
3. Affordable Housing in Partnership
4. Subsidy for beneficiary-led individual house construction/enhancement.

Credit linked subsidy component is being implemented as a Central Sector Scheme while other three components as Centrally Sponsored Scheme (CSS).

All statutory towns as per Census 2011 and towns notified subsequently would be eligible for coverage under the Mission.

In the spirit of cooperative federalism, mission provides flexibility to the States for choosing the best options amongst four verticals of mission to meet the demand of housing in their states. Process of project formulation and approval in accordance with the mission Guidelines has been left to the States so that projects can be formulated, approved and implemented faster

A Technology Sub-Mission under the Mission has been set up to facilitate adoption of modern, innovative and green technologies and building material for faster and quality construction of houses. Technology Sub-Mission also facilitates preparation and adoption of layout designs and building plans suitable for various geo-climatic zones. It will also assist States/Cities in deploying disaster resistant and environment friendly technologies.

Cheap, affordable houses for the poor in UP soon

Lucknow

The Uttar Pradesh Cabinet on October 17, decided to provide cheap and affordable houses to the poor in the state, an official said.

The Cabinet meeting, presided over by Chief Minister Akhilesh Yadav, also took several other decisions, including increasing the salary of Madrassa Board teachers from Rs 8,000 to Rs 15,000 per month, he said.

A decision to further increase projects of e-governance in the state-run schemes was also given the green signal by the Cabinet.

Besides, a proposal to start a Chief Minister's Food Processing Mission was ratified by the state Cabinet and construction of an international theme park in Ayodhya was also given the go-ahead, the official added.

Lucknow Real Estate: Offering A Mix of Affordability and Luxury

In the second list of PM Narendra Modi’s ambitious Smart City Development Plan, Lucknow has also found a place. The ‘City of Nawabs’ is seen as one of fastest growing Tier II cities, particularly in terms of infrastructure and standard of living. Earmarked to be developed as a ‘Smart City’, Lucknow will now focus on the sustainable methods of living, energy efficiency and tech-savvy modes of offering a better lifestyle to its residents.

The two factors that have contributed towards the spiralling growth of Lucknow are- Connectivity and Infrastructure Development. Lucknow, being a well connected city, has extreme potential to be developed into a realty hub. Good road, rail and air connectivity make travelling and commuting easier for the residents. Lucknowmetro development plan is also in the pipeline which will further boost the connectivity.

Recently, the city has seen significant development in the commercial sector as well. The government is extensively focusing on more job creation, hence encouraging the commercial development. Micro, Small and Medium Enterprises (MSME), IT companies and other micro industries can be found in Lucknow and in the surrounding areas. Health and hygiene sector is expected to generate good employment opportunities in the future. A growth in service sector has proven to transform a city’s economy with major influx of people from the lesser developed areas. And Lucknow is expected to witness the same trend in coming few years.

Lucknow offers a good mix of real estate properties ranging from affordable to luxury to ultra-luxury segments. Developers adorn their properties with state of the art amenities and a robust infrastructure which becomes the center of attraction for these projects.

Since connectivity is the main factor behind Lucknow real estate growth, the stretches along national highways and expressways are attracting the investors. Kanpur Road, Sultanpur Road, Faizabad Road, Rai Bareilly Road and Shahid Path are some of the areas that are witnessing good supply of residential real estate. Initial developments started in main locations like Gomti Nagar Extension, Jankipuram Extension and Indiranagar Extension. But properties in these locations come with a higher price tag being the central locations and offering grade A developments.

Omaxe was the first reputed builder to venture into the market. Now, other builders like Excella Infrazone LLP, Parsvnath, Emaar Group and Eldeco have also introduced some of their projects. One of the newest additions is Excella Kutumb that is launched at Sultanpur Road.

Real estate experts are pretty sure that the above mentioned locations are going to witness tremendous price appreciation in the coming decade particularly on grounds of their excellent connectivity with nearby areas. Upcoming infrastructure growth will further push the realty development along these corridors. National highways and state highways are the perfect locations to make an investment in the ‘City of Nawabs’. With growth in infrastructure, these locations are bound to witness tremendous price appreciation in the coming time.

Why property prices are rising in Lucknow's Aliganj

Lucknow

In a survey, majority of homebuyers preferred buying a residential house over other property types.

Over 56 percent respondents preferred to buy a multi-storey apartment while another 20 percent chose residential house over other property types in a survey "How do you feel about buying a house?" conducted by Magicbricks. Buyers from Lucknow who also participated in the survey shared that they would like to make an investment within the coming 6 months.

Choose Aliganj

Magicbricks data indicate that Aliganj in Lucknow showed a price growth of 6 percent for apartments and 9 percent for residential houses. As a buyer, it makes sense to invest in a locality already witnessing a price jump. Trends are somewhat suggestive of the upcoming values in future.

Aliganj's current price trends are positive and if it is to be believed the property owners will enjoy good returns of investment in future.

The current average rate of properties is Rs 4,480 per sq ft. The residential inventory consists of residential houses, residential plots, villas and flats. The commercial inventory consists of commercial shops, commercial land, office spaces and commercial showrooms.

What do the residents say?

Magicbricks readers consider Aliganj as a good residential locality. This was reflected in the ratings shared by them.

Shailendra Kumar, a resident of the locality says, "Aliganj is a good locality. It is well-connected with public transport which is available for 24 hours. The locality has easy going traffic with parking facility. The safety quotient is high. It is clean with good infrastructure comprising of schools, market and hospitals."

The closest station is Vindhyachal Railway Crossing. Within a radius of 3km, one can find hospitals, schools, ATMs, restaurants, pharmacies, gyms, etc. Kursi Road Biotech Park is located in the area, thus offering open space to people looking for it. It is suitable for retirees, couples and families.

Residential Plots for Sale in Lucknow Suburbs Shows Strength

Lucknow is moving with a greater place and is achieving great heights in the ocean of real estate. It has recorded incredible growth for itself. As per a lot of cities in Uttar Pradesh, more people are moving forward to get established in this city. On top, Uttar Pradesh is renowned for its population.

Accordingly, the city is giving enormous benefits to the real estate builders all across the country. This type of development is heartening numerous nationalized builders to emerge with Residential Plots forSale in Lucknow as well as commercial properties along with finest rate facilities and amenities.

Sufficient reasons are at hand which are helpful with the growth of real estate in the city. Monetary growth of the city is at its optimum level as with the significant contribution of shopping complexes. Furthermore, with the upward rise in the numbers of educational institutions, more students are getting involved or can say are signing up.

The commercial areas are providing opportunities for the locals to make investments and grow more. Simultaneously, the land rates in the city perimeters are still reasonable in contrast to some other distinguished cities. Inhabitants and non-inhabitants of the city are spending extra sums in terms of Residential & Commercial Plots for Sale in Lucknow city as to achieve satisfaction and endure a generous lifestyle with comfortable livelihood.

As a rule each one is providing essential services like parking area, excellent connectivity with neighboring cities, electricity supply around the clock, and immediacy to schools, healthcare centers and shopping complexes.

There isn’t any boundary to the agreements that a dweller enjoys however there are numerous rewards. Also, there are some prime locations like Gomti Nagar, Sitapur Hardoi Road and many more in within the city experiencing such developments. Therefore, people are looking forward onto book a home in the type of flats or Plots for finest returns.

Residential Plots for Sale in Lucknow Suburbs Shows Strength

Lucknow is moving with a greater place and is achieving great heights in the ocean of real estate. It has recorded incredible growth for itself. As per a lot of cities in Uttar Pradesh, more people are moving forward to get established in this city. On top, Uttar Pradesh is renowned for its population.

Accordingly, the city is giving enormous benefits to the real estate builders all across the country. This type of development is heartening numerous nationalized builders to emerge with Residential Plots for Salein Lucknow as well as commercial properties along with finest rate facilities and amenities.

Sufficient reasons are at hand which are helpful with the growth of real estate in the city. Monetary growth of the city is at its optimum level as with the significant contribution of shopping complexes. Furthermore, with the upward rise in the numbers of educational institutions, more students are getting involved or can say are signing up.

The commercial areas are providing opportunities for the locals to make investments and grow more. Simultaneously, the land rates in the city perimeters are still reasonable in contrast to some other distinguished cities. Inhabitants and non-inhabitants of the city are spending extra sums in terms of Residential & Commercial Plots for Sale inLucknow city as to achieve satisfaction and endure a generous lifestyle with comfortable livelihood.

As a rule each one is providing essential services like parking area, excellent connectivity with neighboring cities, electricity supply around the clock, and immediacy to schools, healthcare centers and shopping complexes.

There isn’t any boundary to the agreements that a dweller enjoys however there are numerous rewards. Also, there are some prime locations like Gomti Nagar, Sitapur Hardoi Road and many more in within the city experiencing such developments. Therefore, people are looking forward onto book a home in the type of flats or Plots for finest returns.

Plot available in lucknow call on@ 7275311114

Project Name-:  New SITE 

Project Details -:

Location-Gomtinagar Extension which is approximately 1.5  kms from amity university

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Plot Rate- Rs 900/sq ft.

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Project Name-:  RIVER VIEW SITE           

Project Details -:

Location- Gomtinagar Near indira Baragge which is approximately 2.5 km from Amity University New Campus.

Project size- 18 Bigha.     

Plot Rate- Rs 700/sq ft.

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Project Name-:  Gold City SITE           

Project Details -:

Location- Sitapur Road behind BNCET Collage

Project size- 4 Bigha.     

Plot Rate- Rs 850/sq ft.

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Project Name-: Vision Green City 

Project Details -:

Location- Vision green city at Lucknow Faizabad Highway

Project size -  117 Bigha.

Plot Rate- Rs 599/sq ft.

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Project Name-:  Temple SITE        

  

Project Details -:

Location- Gomtinagar  Near indira  Baragge which is approximately 2 km from Amity University New Campus.

Project size-  1.7 Bigha.    

Plot Rate- Rs 850/sq ft.

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Project Name-:  S.T.P SITE 

         

Project Details -:

Location- Gomtinagar  Near S.T.P  Churaha which is approximately 1.4 km from Amity University New Campus.

Project size-  5  Bigha.     

Plot Rate- Rs 1100/sq ft.

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