Lucknow’s majestic past sends rays through the ages. The capital of the northern Indian state of Uttar Pradesh remains on the scene like a harbinger of great culture, history, and sumptuous delicacies, among other things. The city of Lucknow, lying on the banks of the river Gomti, is a unique combination of classic charm and modernity, allowing locals and tourists to enjoy a unique feel to the soul.
Take in the bustling Chowk neighbourhood, where the alleys are brimming with exotic spices and undiscovered treasures. Nearby, a bustling marketplace calls out to you. The morning air is filled with the melodic call to prayer, thick, creamy tea, and mouthwatering kebabs. You can watch an exciting cricket match in the evenings or attend a cultural event highlighting Lucknow's rich history.
As the years have passed, Lucknow’s identity as a hotbed of real estate has gained traction, too. Many thriving commercial centres have emerged on its landscape, and the much-awaited one is Migsun Lucknow Central - a newly launched high-street retail project strategically located on Amar Shaheed Path, Sushant Golf City, right next to Medanta Hospital featuring the best retail and commercial shops for sale in Lucknow.
This development is situated in an exclusive locality which is just off the inner ring road and not far from the expressway. Sitting on the Amar Shaheed Road, a 4-lane bypass road that is often busy with commuters travelling from and to Kanpur and Faizabad roads, it is no surprise that it is a main stop. Being near Medanta Hospital additionally makes it well-known among both investors. Therefore, it becomes such that they find it at the top of their check list. Let's explore why retail shops in Migsun Lucknow Central are a class apart:
3-Sided Open Plot: Here's the surprising good news. According to Vaastu experts, three-sided spaces leaving a free open plot are believed to bring both financial prosperity and overall household happiness. Thus, they help attract larger footfall and offer tremendous benefits to retail and commercial shop owners.
Top-Tier Business Lounge: Businessmen generally opt for comfort and luxury for the last breaks in between their demanding routines. Migsun Lucknow Central business lounge is elegantly designed to provide our esteemed guests not only allocations and amenities such as al-la-carte food and beverage counters, Wi-Fi connectivity, and large sofas, among others, but comfort as well.
World-Class Retail Plaza: Investors visiting the retail shops at Sushant Golf City to buy world-famous brands at Migsun Lucknow Central mall will not be disappointed, given its high visibility, making it a world-class retail plaza.
State-of-the-art Entertainment Zone: Get access to all the latest movies and have a gala time with your family and friends. Also, it offers an additional opportunity for investors to make their investments.
And a lot more on offer!
Sprawling across a land parcel of 20239 square metres, home to the best retail shops right next to Medanta Hospital, Migsun Lucknow Central is the place where lucrative returns on investment will benefit individuals planning to own commercial and retail shops on Amar Shaheed Path in Lucknow. Furthermore, over the last few years, Lucknow has witnessed a sea change from being a city known for its traditions to a town that is the hotbed of IT/ITES industries.
Moreover, Lucknow's urban area serves as an administrative state headquarters, as well as the district, regional, and local headquarters. It is a tier II city with a lot of potential to compete with tier I cities as those cities get closer to reaching urban saturation. Given that Delhi-NCR is now overcrowded, Lucknow is also regarded as the location for corporate investment in Northern India. The Gomti River is the most significant geographical feature in Lucknow. It splits the city in half, running from northwest to southeast, creating the Trans-Gomti (The new part of the city, which is more developed) and CisGomti (The old part of the city, which will go through a gradual revamp) regions.
In addition to this, as per a report by the International Research Journal of Engineering and Technology (IRJET) published back in the year 2020, the working population in the city has risen from 26.51% in 1991 to 30% in 2021. Coming back to Migsun Lucknow Central, let us further analyse what makes it a hotbed for commercial investment:
Excellent Location: With the Medanta Hospital adjacent to Lucknow's largest medical facility, project will see a lot of foot traffic. Let's also examine a few other benefits of location:
Well-connected major highways like NH-24, NH-30, and NH-27 provide convenient access to the mall through several local road networks.
Drive time from Bakkas Railway Station is only 7.7 km.
Sushant Golf City is within two minutes drive from the Chaudhary Charan Singh International Airport in Lucknow, 12.6 km away.
Retail Shops on a 3-Side Open Plot: If you are an investor with a retail store in Migsun Lucknow Central, your store will be visible as long as the mall has a 3-side open plot.
Simple Payment Plan: Investing in Migsun Lucknow Central will be within an investor’s budget with a simple 40:30:30 payment plan. It will also spare you the trouble of making a large payment at once and assist you in managing your money.
"Real Estate ( Regulation and Development) Act, 2016" was used in its drafting. One of the cornerstones of the meticulous regulation of real estate was RERA. This legislation guarantees:
Total openness in all transactions
Builders don't charge for surplus space
Prohibition of delays in projects
Structures free of flaws
Builders not using funds for other projects
And a whole lot more! Given that Lucknow is governed by the Uttar Pradesh RERA, its duties include the following:
To guarantee that every developer adequately discloses all of their properties in the state
Real estate agents should be registered and held accountable for their services.
All construction projects within the boundaries of Uttar Pradesh must be registered.
To provide prompt grievance redressal for real estate concerns
Creation of an appellate tribunal to expeditiously handle appeals
Migsun Lucknow Central, being an RERA and LDA-approved project, has credibility written all over it.
Hailed as the “New Nawab in Town”, The project will forever transform the landscape of Lucknow’s commercial real estate, resulting in high appreciation rates shortly provided its burgeoning location. Slated to be ready for possession in January 2029, investors are looking forward to this thriving project.
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