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How Migsun Group is Transforming Lucknow's Commercial Real Estate Market
by Admin December 7, 2024

How Migsun Group is Transforming Lucknow's Commercial Real Estate Market

Amidst Lucknow’s hustle and bustle, a quieter revolution is unfolding, transforming the city steeped in history into a marvel of the future.  At the core lies its fast-changing commercial real estate landscape.

What's Fueling The Change?

Indian real estate is a powerhouse poised to hit $1 trillion by 2030, and guess what’s fueling that growth – tier-2 cities, including Lucknow! 

Lucknow’s commercial real estate has hit a robust 8 - 10% annual growth over the last few years. Driving this rise as a thriving economic hub is a flourishing IT/ITES sector with a rising middle class clamouring for Lucknow’s real estate. 

More businesses are flowing into the city, increasing demand for offices and commercial spaces. Facilitating this transformation is Migsun Group, a name as synonymous with Lucknow’s real estate as Mughlai cuisine with its tradition.

How Does Migsun Get It Right Every Time?

Migsun Group defines a vision across all its developments driven by: 

1. Location 

2. Innovation 

With Migsun Group, it's never just about developing a property; it's about delivering the best in terms of location and innovation. Their two commercial marvels in Lucknow, Migusn Lucknow Central and Migsun Janpath, underscore the same philosophical approach. 

These projects sit on Shaheed Path, positioned strategically in the heart of the city to attract significant foot traffic so that businesses thrive.  A great location is just the beginning – the group’s modern infrastructure, energy-efficient design, and world-class amenities that include high-speed elevators, advanced security systems, and multilevel parking – are all part of the equation. 

Migsun's Commercial Masterpieces, Lucknow

Migsun Janpath

Janpath was Migsun Group’s pilot project in Lucknow. It went on to make waves as a commercial high-street retail marvel with a dedicated healthcare floor. Housing one of Lucknow’s largest food courts, it is today a chart-topper among the best commercial malls in Lucknow

Here’s more information on the project:

Launch Date August 2021
Possession December 2024
RERA Registration Number UPRERAPRJ986676
OfferRetail Space, Food Court, Medicare Floor 
LocationAmar Shaheed Path

Location Advantages

  • 5 minutes from Sushant Golf City residential hubs
  • 10 minutes from Ekana Cricket Stadium 
  • 15 minutes from Lucknow International Airport
  • Proximity to major residential hubs like Vrindavan Yojana and Gomti Nagar

Amenities Offered

  • 100% Power Backup
  • Fire Fighting System
  • Garbage Disposal
  • Entrance Lobby
  • Food Waste Compost
  • Multipurpose Hall

Migsun Lucknow Central

With Migsun Janpath, the bar was set. Lucknow Central raised it further on the back of clamour for Migsun Group properties. Nestled right next to Medanta Hospital, Migsun Lucknow Central in Sushant Golf City, Amar Shaheed Path, serves as a future-proof mixed-use development, combining luxury retail spaces with modern business amenities. 

Here’s more information on the project:

Launch DateFebruary 2024
PossessionJanuary 2029
RERA Registration NumberUPRERAPRJ589752/04/2024
OfferRetail shops, food court & Luxe Suites
LocationNext to Medanta Hospital, Amar Shaheed Path

Location Advantages

  • Right next to Medanta Hospital
  • 2 minutes from Sushant Golf City residential hubs
  • 10 minutes from Ekana Circket Stadium 
  • 15 minutes from Lucknow International Airport
  • 20 minutes from Charbagh Railway Station

Amenities Offered

  • 24/7 CCTV surveillance
  • High-speed lifts and escalators
  • High-visibility spaces
  • Grand entrance gate 
  • Separate entry and exit
  • Ample parking space

Recently, the group elevated the product mix by launching Migsun Luxe Suites in Lucknow. This new development is part of Lucknow Central, offering new-age commercial studios.

A Conducive Ecosystem for Growth:

Migsun’s focus on creating integrated communities extends beyond mere real estate development. By fostering networks among businesses, they are creating an ecosystem where enterprises can thrive. This synergy offers businesses the dual advantage of collaboration and a built-in customer base, boosting profitability​.

Additionally, the growing demand for high-quality office and retail spaces in Lucknow enhances the long-term appreciation potential of these investments.

What’s In It For Investors?

For real estate investors, Lucknow presents a unique opportunity, blending traditional appeal with modern growth. Migsun’s projects, backed by meticulous planning and robust financial commitments, offer high returns on investment. As the city's infrastructure develops further, particularly with projects like the Purvanchal Expressway, these investments are poised to gain even more value over time.​

Conclusion

Migsun Group’s transformative projects in Lucknow are reshaping the city’s skyline and economic prospects. By combining heritage aesthetics with cutting-edge commercial design, Migsun is paving the way for a vibrant, business-friendly future in the City of Nawabs.

For investors, this marks a golden opportunity to invest in commercial property in Lucknow for sale—a market poised to soar higher in the coming years. If you’re interested in capitalising on Lucknow’s booming real estate market, reach out to us today for personalised guidance.

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