World Trade Centre Lucknow is coming up with a new commercial Property at Shaheed Path, Gomtinagar extension. This premium futuristic commercial area will provide office space, retail space, bank/ATM, food court, and hotel. It is well equipped with world-class amenities and boasts of unprecedented facilities.
It stands tall at the cutting edge of technology which sets a benchmark for the construction of all the office and retail spaces. Its meticulous design, utmost sophistication, and high-end luxury are expected to be the exclusive selling points of this project.
The commercial real estate market in Tier-2 cities has seen strong demand from investors over the past few years. It has witnessed significant interest from institutions that are queuing up to lap up great quality, rent-yielding office assets. One of the reasons for this spike in demand is the acute shortage in supply of good quality large office spaces in tier 2 cities.
The sustained demand for good quality office spaces in the past few years is primarily from the industries like ITes, Consulting, BFSI, Telecom, and E-commerce. With the implementation of flagship schemes like ‘Start-up India’ and ‘Make in India’ by the government of India, there’s an emphasis on the promotion of start-ups and because of the availability of office spaces at affordable prices, Lucknow emerges to be one of the most promising locations.
So, This new commercial project in Gomti Nagar is expected to give high returns because of its strategic location and also because the realty sector is witnessing a boom in Lucknow. Gomti Nagar is emerging as the new commercial hub. From systematically planned infrastructure that large corporates seek to ensure a conducive environment for the growth of SMEs, Gomtinagar Ext meets all requirements to be an IT/ITes hub.
It has managed to garner the interests of some really big names both for establishing office spaces and retail shops. With a vision to replicate the Infrastructural development and social amenities in Noida, there is huge support from the central and state government to transform Lucknow on the same lines. It is estimated that extensive and inclusive urban planning will help this city achieve the desired goals way before the expected time.
