Lucknow, the capital city of Uttar Pradesh, has long been celebrated for its rich cultural heritage and historical significance. Known as the “City of Nawabs,” it boasts a unique blend of ancient architecture, classical music, dance, and culinary delights. Beyond its cultural allure, Lucknow is rapidly evolving into a modern urban centre, attracting a diverse population due to its reasonable cost of living and enhanced quality of life.
The city’s strategic location, improved infrastructure, and supportive government policies have spurred significant development across various sectors, particularly real estate. The affordability of living in Lucknow, combined with its urban growth, makes it one of the most livable cities in India. These factors collectively enhance the city’s appeal, drawing in homebuyers and investors from across the country.
Trends in Residential Real Estate in Lucknow
In recent years, the residential real estate market in Lucknow has witnessed considerable growth. One of the most prominent trends in the city is the increasing demand for villa plots. These plots offer homebuyers the opportunity to build custom homes tailored to their preferences, providing a unique blend of luxury, comfort, and personalisation.
Villa plots are becoming a marquee factor that elevates the living experience in Lucknow. These plots, often located in well-planned gated communities, offer a host of amenities and services that enhance the quality of life for residents. As a result, more and more homebuyers are gravitating towards owning villa plots in Lucknow, viewing them as a premium investment for the future.
Cost of Construction in Lucknow
Understanding the cost of construction in Lucknow is crucial for prospective homebuyers and investors. Several factors influence the overall cost, including land acquisition, construction materials, labour, design, and regulatory approvals.
Land Acquisition
The price of land varies significantly depending on the location within the city. Prime areas such as Gomti Nagar, Sushant Golf City, and Hazratganj command higher prices compared to the outskirts. On average, the cost of land in Lucknow ranges from INR 2,000 to INR 10,000 per square foot.
Construction Materials
The cost of construction materials such as cement, bricks, steel, and sand plays a significant role in the overall expense. The prices of these materials can fluctuate based on market demand and supply. For instance, the cost of cement ranges from INR 350 to INR 450 per bag, while steel costs around INR 45,000 to INR 55,000 per ton.
Labour Costs
Labour costs in Lucknow are relatively affordable compared to other metropolitan cities. The average daily wage for skilled labour ranges from INR 500 to INR 800, while unskilled labour costs between INR 300 to INR 500 per day.
Design and Architectural Fees
Hiring architects and designers is essential for creating a well-planned and aesthetically pleasing villa. Architectural fees can vary based on the complexity of the design and the reputation of the architect, typically ranging from 5% to 15% of the total construction cost.
Regulatory Approvals
Obtaining necessary permits and approvals from local authorities is a crucial step in the construction process. These may include land use permissions, building plan approvals, and environmental clearances, which can add to the overall cost of construction in Lucknow.
Miscellaneous Expenses
Additional costs such as interior design, landscaping, and utility installation (electricity, water, and sewage) should also be considered.
Villa Plots in Gated Societies: Advantages and Benefits
Owning a villa plot in a gated society in Lucknow offers numerous advantages that enhance the living experience.
Community Living: Gated communities foster a sense of community among residents, encouraging social interactions and a cohesive neighbourhood environment.
Security: Gated societies provide enhanced security measures, including 24/7 surveillance, controlled access points, and security personnel, ensuring a safe living environment for residents.
Amenities and Services: Residents of gated communities have access to a wide range of amenities such as parks, playgrounds, swimming pools, fitness centres, and clubhouses, promoting a balanced and healthy lifestyle.
Infrastructure: Gated societies are often located in well-planned areas with excellent infrastructure, including well-maintained roads, reliable utilities, and proximity to essential services such as schools, hospitals, and shopping centres.
Investment Value: Properties in gated communities tend to appreciate in value over time, offering a lucrative investment opportunity for homeowners.
Pardos Okas Enclave: Embodiment of High-Life in Lucknow
Pardos Real Estate, a renowned name in the real estate sector, is revolutionising the residential landscape of Lucknow with its marquee project, Pardos Okas Enclave. Located in the prestigious Sushant Golf City, Pardos Okas Enclave epitomises luxury living with its customisable villa plots amidst vast green spaces and enriching common amenities. Pardos Okas Enclave is designed to allow homeowners to be the architects of their dream life. This secured and gated community offers plots that can be tailored to individual preferences, providing a unique and personalised living experience. The project is strategically located with access from Sultanpur Road, Amar Shaheed Path, and Kisan Vikas Path, making it an ideal residential haven.
Homeowners have the flexibility to design and build their dream villa, ensuring their living space perfectly matches their lifestyle and preferences. The enclave features extensive green areas, promoting a healthy and serene living environment. Residents can enjoy a range of amenities such as parks, walking trails, fitness centres, and recreational facilities, enhancing their quality of life. The gated community provides top-notch security measures, ensuring the safety and well-being of its residents. Pardos Okas Enclave is located amidst a bustling social infrastructure with easy access to schools, hospitals, shopping centres, and entertainment options, making it a convenient and desirable place to live.
Conclusion
Owning a villa plot in Lucknow is an ideal investment that offers excellent value for money in terms of lifestyle and living standards. The cost of construction in Lucknow is reasonable compared to other metropolitan cities, making it an attractive option for homebuyers. Pardos Okas Enclave, with its customisable plots and luxurious amenities, stands out as the ideal project for those looking to invest in a villa plot in Lucknow. This gated community embodies the high life, providing residents with a safe, serene, and enriching living environment.
In summary, the combination of Lucknow’s cultural significance, rapid urbanisation, and reasonable cost of living makes it one of the most livable cities in India. The rising trend of villa plots further enhances the appeal of living in this vibrant city. For homebuyers seeking the perfect blend of luxury, comfort, and personalisation, Pardos Okas Enclave offers an unparalleled opportunity to build and enjoy a dream home in one of the best places to live in Lucknow.