To own beautiful home is dream of every man in this world. Real estate industry transforms dream of own home into reality. Home is basic need so real estate is never ending business.
To own beautiful home is dream of every man in this world. Real estate industry transforms dream of own home into reality. Home is basic need so real estate is never ending business. We see major growth in this industry in recent years. Government also declares many schemes so that everyone should get his/her own home. After tier-1 cities where home prices are at their peak, customers are looking out for better options nearby places. Tier-2 and tier-3 cities have grabbed attraction over the metro cities. The Prime Minister Narendra Modi‘s ambitious scheme Smart City Mission, Housing for All these cities has seen boost in real estate development.
Kanpur has been evolving major city in State because of above reasons, so of course there will be more need of accommodation.
Geographical place of Kanpur in context of Holy River Ganga has made Kanpur important in religious manner. Many pilgrims and local and foreign tourists prefer to stay here so in terms of accommodation, need for houses have been increased. Now a day’s services like Airbnb are in demand so real estate investment in Kanpur is smart way to get handsome extra income. Kanpur real estate projects have seen boost in recent years.
Kanpur is well connected to two metro cities Delhi and Kolkata through national highways. Uttar Pradesh government to start metro in Kanpur by 2024 this will boost connectivity. Well established rail network also connects Kanpur to other major cities of India. So, more developers in Kanpur are keen to invest in building projects.
Range of Kanpur Industries varies from Textile to steel, from leather to cold drinks, and many more.So, need for residential projects in Kanpur have been tremendously increased in recent years. Employees working here will definitely like to invest in real estate.
World class educational institutes like IIT, UIET have chosen Kanpur so students from all over country come here for higher studies. Builders and Developers in Kanpur can build houses suitable for all kind of budget. All though increase in demand has been seen more in affordable 2-3 BHK, luxuries projects are also in demand too. This is India House price index carried out by RBI. According to these cities Mumbai, Delhi, Lucknow, Kanpur and Kochi have outperformed the national 5-year average. Many real estate projects are going to happen in main areas of Kanpur city. Areas like Jajmau, Swaroop Nagar, Kalyanpur, Civil Lines, Indira Nagar, Azad Nagar, etc. have become favorite destinations for real estate developers in Kanpur. Latest property price trends in Kanpur are good indicator for investor and consumer both.