With the major ongoing developments in a prominent location in Uttar Pradesh including Noida, Lucknow, Ghaziabad, Kanpur, Varanasi, Prayagraj and Agra, the state has recognised the importance of improving the infrastructural developments better than ever before. Going by the major trends in the real estate market in the state, the continuing development has offered a modernization.

Meerut, Agra, Varanasi, Prayagraj are some of the major cities in the state, which have seen a residential development in the real estate sector and property rate in Prayagraj is on the rise. Ghaziabad, Noida and Greater Noida are the final destinations for investors and homebuyers likewise. The capital of Uttar Pradesh, Lucknow has seen an unexpected boom in the real estate sector and is one of the most thriving real estate investment for buyers and investors.

The residential units are being constructed by the real estate majors. Several shopping arcades and other retail markets which cater to the growing demands of the population have made the state a very hot investment destination. The fourth most populous and largest town in India, Meerut has several commercial and residential projects coming up in and around it.

Likewise, Agra is a historical place and thus a major tourist destination. The city has seen great development in infrastructure and industry. Another city that has seen great growth in real estate is the capital of the state, Lucknow also known as ‘The City of Nawabs’.
Properties in NCR such as Noida, Ghaziabad, and Greater Noida are also a sought after properties for buyers and investors. The major developers in these flourishing cities have taken into consideration the growing need of the housing segment and have given all the required facilities and modern amenities. Due to the rapid industrialization and some multinational companies buying office spaces in these locations, the demand for apartments is on the rise.

Ghaziabad has some promising locations such as Vaishali, Indirapuram, where residential properties are available with major real estate players. Noida, as well as Greater Noida, also boast of emerging real estate.

Many buyers are purchasing properties in Agra, Kanpur, Varanasi, Prayagraj, Meerut, Noida, Ghaziabad, etc. Due to the rapid industrialization and urbanization, all these areas are quite promising. Varanasi and Prayagraj are a religious places and a lot of residential and commercial property in Pryagraj and Varanasi are coming up at affordable rates.

The escalating prices of the properties in these cities prove profitable returns in the coming future. Excellent connectivity, infrastructural development has given Uttar Pradesh a real boost in the real estate market which includes both residential and commercial and buying property here could be profitable.

Author's Bio: 

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