Lucknow is rapidly emerging as a hub for modern urban development, with the Lucknow Development Authority (LDA) spearheading transformative projects like IT City and Wellness City. Located along Sultanpur Road, these initiatives promise significant growth opportunities for investors, particularly those interested in agricultural land available for sale in IT City & Wellness City Lucknow. With innovative schemes like land pooling and a focus on sustainable development, these projects are reshaping the real estate landscape in Lucknow.
The IT City spans approximately 2,858 acres between Sultanpur Road and Kisan Path, covering ten villages, including Bakkas, Sonai Kanjehra, Sikandarpur Amoliya, and others in the Mohanlalganj tehsil. Similarly, Wellness City in Dularamau village offers excellent connectivity, making these areas highly desirable for investors seeking agricultural land available for sale in IT City & Wellness City Lucknow. The proximity to major roads ensures easy access to Lucknow’s urban centers, enhancing the value of these properties.
The LDA has introduced a land pooling scheme that offers farmers and landowners a chance to maximize returns. Unlike traditional compensation models, land pooling allows landowners to receive 25% of their land as developed residential plots or 50% as undeveloped land at the same location. For instance, in Mohari Khurd, where the circle rate is ₹8 lakh per bigha, traditional compensation would yield ₹32 lakh. However, under land pooling, a landowner could receive 6,800 square feet of developed land, potentially valued at over ₹1 crore in prime locations. This makes agricultural land available for sale in IT City & Wellness City Lucknow an attractive investment.
In Dularamau village, part of the Wellness City project, the circle rate stands at ₹15.75 lakh per bigha, resulting in ₹63 lakh under the compensation model. However, opting for land pooling could provide significantly higher returns, making it a game-changer for landowners and investors. The potential for exponential growth in property value makes agricultural land available for sale in IT City & Wellness City Lucknow a golden opportunity.
The IT City project is designed to be a modern urban hub with:
5,000 residential plots ranging from 72 to 200 square meters.
445.65 acres dedicated to industrial use, fostering economic growth.
260 acres for commercial development, ideal for businesses and retail.
A 200-acre green belt and a 15-acre water body to promote environmental sustainability.
These features make agricultural land available for sale in IT City & Wellness City Lucknow a smart choice for investors looking for long-term value appreciation.
The Wellness City project emphasizes health, wellness, and sustainable living. With its strategic location and planned infrastructure, it is set to become a sought-after destination for residential and commercial investments. Investors exploring agricultural land available for sale in IT City & Wellness City Lucknow can benefit from the area’s focus on eco-friendly development and modern amenities.
Investing in agricultural land available for sale in IT City & Wellness City Lucknow offers significant potential for value appreciation. As these areas develop into modern urban centers, land prices are expected to rise, providing excellent returns for early investors.
The land pooling scheme provides flexibility, allowing landowners to either develop their allotted plots or sell them for a profit. This model ensures that investors can tailor their investment strategy to their financial goals.
Both IT City and Wellness City prioritize sustainability, with green belts and water bodies integrated into the planning. This focus on eco-friendly development enhances the appeal of agricultural land available for sale in IT City & Wellness City Lucknow, attracting environmentally conscious buyers.
At Property Kumbh, we specialize in connecting investors with prime real estate opportunities in Lucknow. Whether you’re looking to invest in agricultural land available for sale in IT City & Wellness City Lucknow or seeking guidance on the land pooling scheme, our team is here to assist. We provide:
Expert Consultation: Understand the benefits of land pooling and how it compares to traditional compensation.
Curated Listings: Access the best agricultural land available for sale in IT City & Wellness City Lucknow.
Seamless Transactions: Our team ensures a hassle-free buying process, from site visits to final agreements.
The IT City and Wellness City projects represent a new era of growth for Lucknow, offering unmatched opportunities for investors. With the innovative land pooling scheme, prime location, and planned infrastructure, agricultural land available for sale in IT City & Wellness City Lucknow is a smart investment choice. Partner with Property Kumbh to explore these opportunities and secure your stake in Lucknow’s future. Contact us today to learn more about available plots and how you can benefit from this transformative development.
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