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There has to be simultaneous developments of office complexes and residential units. One is the complementary of the other. If the working people need dwelling places then they need the source of livelihood and the vice versa. This is much prevalent in North India where progresses are seamlessly growing joining every state making people to migrate to the most prosperous one. In this context Uttar Pradesh is a prominent example where people for better lives are moving to the bigger cities. Most liable were the cities that were in the outskirts of Delhi. Hence after construction work took stride in Noida, Ghaziabad and Allahabad and finally the real estate segments turned to Lucknow which is also known as the golden city of the east. This particular city was growing heavier in price tag and was simply unreachable for the mediocre people.Plot in Lucknow was sold like hot cakes and was sought mostly for commercialization and residences. Ultra luxuries and modern amenities together made the offices and flats. They were sought in abundances and to make the people work as gofers maids, servants and other housekeeping staffs were hired. Thus, the construction works were a sort of measure taken to curb the poverty to large extent. There were major projects undertaken and were accomplished with the help of seasoned architects and engineers and builders. Despite these the real estate industry suffered loss in the last two years. The reasons were attributed to the protests from the farmers in land acquisition, deviation of the fresh graduates to some other jobs and steep rises of the prices in properties. Still the retail real estate sustained and roads, bridges and highways were laid to connect the work place with the residences. As per the demands the availability of open spaces grew scarce and hence high rise constructions were permitted. This was the optimal solution for the consumption of the resources like land, water and power supplies. Even then the unscrupulous means were fostered in capturing buildings and hence it is suggested that the government like that of Singapore should look into the matters. Thus, the cities were inundated with people from the remote regions in search of bread and butter and for their bright future. Unless they had made the best investment in residential sectors their dreams could not have been fulfilled. Making money was getting easier for the few. The real estate industry which then contributed substantially to the growth of the GDP of the country was gaining momentum. The government in order to collect the revenues grossly liberalized the policies and FDI regimes hence intriguing the overseas Indians to enter into the affairs of properties acquisitions. It was with the intention of making business like for resale or possibly for their comebacks. Thus, we have ample reasons that why the real estate industry stood next to agriculture in generating revenues and employments. The country is heading for progresses that are simply uncountable and much of them are evident by the construction works that are taking place around in the state like Uttar Pradesh.
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Real Estate Segments, Plot in Lucknow, Retail Real Estate, Best Investment in Residential, Capital Growth, Property in India,
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