residential

Paarth Republic – the only planned township on Kanpur road

February 26, 2021 0 Paarth Infrabuild residential Residential Properties

Modern life is busy and full of stress. With the advent of web and mobile telephony, it has become extremely difficult to keep our personal and office time completely separate. The increasing globalization in every job is also overlapping time zones and is bringing a new dimension of stress. Thankfully the town planning has kept pace and ensured that there are separate zones of actions for different kind of activities. Paarth Republic township on Lucknow Kanpur highway has used these concepts of planning to make life for its residents peaceful and enjoyable. This is also the largest township on this side of town, which brings its own unique advantages.

Paarth Republic - the only planned township on Kanpur road

Let’s first understand as to what is meant by a planned township. A planned township is any community that was carefully planned from its inception and is typically constructed on previously undeveloped land. This contrasts with settlements that evolve in a more ad hoc and organic fashion. We have all seen the chaotic life in unplanned and organically developed residential clusters of Lucknow. Places like Alambagh or Krishnanagar are an example of this life – with no plans and regulation, one can see a commercial development next to a residential one without any concern for privacy of residents. A planned township is an antithesis to this. There are separate zones for residential, commercial and recreational activities. This ensures providing all the facilities without compromising one’s privacy.

The concept of town panning is as old as civilization. However, most parts of Indian cities emerged from expansion of old villages or towns. This resulted in haphazard development. However, some of the cities like Chandigarh, Lutyens’ delhi, Noida have been planned developments with clearly marked zones for different type of activities and a planned infrastructure. However, cities like Lucknow have been deprived of these advantages. Some developments of this kind have come up near Gomti nagar, however on Kanpur road, Paarth Republic is the only development that uses the modern concepts of town planning to ensure it is a premier most township not only of this area but in entire Lucknow.

But what are the advantages of a planned township living. A township living ensures that all the basic requirements of a peaceful and happy life are made available in a fashion that protects individual choices of all residents while offering them advantages of community living. The residents, therefore, don’t have to worry about basic requirements of living. There are markets inside the township to meet everyday requirements of provisions and medical facilities to take care of any eventuality. A clear demarcation of each residential unit and written rules about what modification are possible, make sure that there are no unnecessary disputes among neighbours. Clearly planned and marked parking areas ensure that there is sufficient space for parking and avoids any disputes which is a huge trouble in city areas now a days. The areas of recreation facilities and clubs etc are created a bit off from the main residential areas ensuring no disturbance to sleep of people living here. All this goes on to make life happy and satisfying.

Indians have been flocking to buy houses in large planned townships, especially in post pandemic era. Paarth Republic is seeing a continued traction for its offering and has limited units left to be sold.

Infrastructure development in Kanpur road area

Lucknow has been growing fast over last decade and has been a leading non-metro town when it comes to new developments. While infrastructural developments are happening across the city, the progress in Lucknow-Kanpur road area is quite rapid. And it is quite appropriate considering that this road connects the two most important cities of UP and it has the fastest growing airport east of Delhi airport. The metro connectivity to other parts of city from here ensures a quick and efficient transport system.

Till a few years back, Kanpur road area was not considered to be appropriate for luxury residences. The city was gravitating towards Gomti Nagar and further towards Raebareli road. Amausi airport had not received any expansion for years and connectivity from this area to rest of the places in the city could at best be described as patchy. The ongoing metro work was a nuisance and it was not easy to visualize the advantages of this network in future. But as Lucknow started growing and airfares in India started coming down, people took to air travel in droves. The airport was expanded and international flights were started. Just to understand it, let’s look at some of the statistics. The footfall at Amausi airport increased from 23 lacs in 2013-14 to 47 lacs in 2017-18. Also, as the metro started operations, people realized the efficient mode of transport it provided and suddenly this whole area near the airport was in focus. There is an ongoing project of an elevated road connecting Shaheed path to airport.

As the metro network keeps getting expanded, new infrastructure developments started taking place in the area. A new integrated terminal building at the airport was started with an outlay of roughly 1400 cr. And is progressing fast. The Lucknow- Kanpur highway was also upgraded and is now a congestion free road, further paving way for making driving smooth here. Another big infrastructure project that has been announced in this area in Sep’2020 is the setting up of India’s largest start-up incubator center opposite Amausi airport. This is planned to be a 2.5 lac sq ft facility which will be set up by Uttar Pradesh electronics corporation and probably be built and operated by Software Technology parks of India (STPI), a central government agency.

As expected, this area is witnessing a rush of private projects also as government projects are reaching their completion. There are new industries being set up and a number of residential projects are being launched. As Amausi airport expands and new integrated terminal starts operation, this area will also become a large transit center for travelers from across Uttar Pradesh. Considering that, a host of new hospitality projects are being developed in the area, which will improve the traction even further. Though most of the residential projects in the area are very small in their scope and are not well planned, the Paarth republic township is sure to meet the expectations of new age investors and renters. As a result, the prices are moving up in this community as rental yields are also expected to move north.

Why is RERA important

February 19, 2021 0 Paarth Infrabuild residential Residential Properties

In India, owning a home is a dream most people savour through their life. There is only a small percentage of people who get to own their home. Most of us save our lifetime income for buying a home of our dreams. But before buying property lots of questions arise in buyer’s mind. Are we investing in the right location? Will the builder deliver what is promised? Is this builder an honest builder? What clauses should be there in a house buying agreement? To solve this problem the government has introduced RERA for home buyers. Let’s understand in detail as to what is RERA and what does it entail.

Before this regulatory act, some unscrupulous builders and developers of India had their own rules and regulations. The buyers were given almost no choice by such developers. While the buyer was paying for the property and this would be the biggest asset most of them ever invested in their lifetime, a lot of builders avoided sharing the important details with the customer. That is why Real Estate Regulatory Act (RERA) was introduced, to protect buyers’ rights on one side and builders’ payments on the other.

What is RERA

The Real Estate Regulatory Authority (RERA) is an act introduced by the Indian government in 2016. The main objective of this Act is to protect property buyers’ right and help them reach out to a regulatory body in case of any issue with the builder. The act also ensures that property buyers understand their responsibilities of payments and they protect a developer’s rights to ensure there are minimal disputes.

RERA has put forward clear guidelines regarding constructing and developing the real estate. This has brought a lot of transparency between buyers and developers and established a way forward in case of a dispute. As there are uniform rules created, it becomes easy for a buyer to compare different projects and understand detailed cost structure without the bomb of hidden charges exploding on him later on.

Importance of RERA

Indian real estate needed a regulation like RERA to add confidence in India’s Real estate sector. RE is a leading part of the economy and contributes to almost 15% of GDP. The act ever since initiated, has resulted in several changes in construction sector by bringing in transparency at every step and forcing all parties to fulfil their duties.

The act has brought clarity between property buyers and property developers thereby building the necessary trust between sellers and buyers. It has established state authorities in every state and has tried to do away with anomalies or malpractices in the sector.

Now RERA is helping home buyers in timely delivery of their real estate project. That is a great relief for homebuyers across India. It also is a great news for developers like Paarth Infrabuild, who have always kept the interests of customers at the center.

RERA has become a rule playbook for both seller and buyer of real estate that include the intermediaries also. The few provisions of act have made the following beneficial changes to RE selling:

Uniform size definition

There is no denying the importance of the size of a unit when buying a property. Before RERA, every builder had his own way of defining unit size and was difficult for a buyer to understand the implication of various components shown for a unit size. However, with RERA, a standardised way of defining unit size has been propounded making the process transparent and trustworthy.

2. Penal interest rates

In RERA regime, in case of default in payment by the buyer or default in completion of the project by the builder, the rate of interest to be paid shall be the same for both parties.

Earlier it was very different. In case the builder used to delay the possession of property – the interest paid by builder to the home buyer was less whereas in case the buyer defaulted – the interest to be paid by the buyer to builder was much higher.

The RERA Act has now clearly specified that the interest rate shall be the same for both the parties, making the process fair.

3. Fiscal discipline for builder

A developer usually has several projects which are being constructed simultaneously. Earlier there was no restriction on builder to use funds from a project in the same project. All that has undergone a change now. This would now not be possible as after the introduction of RERA, the builder is liable to deposit 70% of the revenue collected for a particular project in an escrow account. He can withdraw from such account only on the basis of completion of project, which shall be certified by a civil engineer, architect and a chartered accountant in practice.

As the funds can now not be diverted to other projects and used for other purposes – this will ensure that the funds are used for the purpose only for which they are raised.

Pre-RERA, there have been certain cases wherein some rogue builders raised the funds from home buyers for constructing their homes but used the funds for buying land for the next project leaving this project in limbo. They later became starved of funds and were not able to complete the construction of the property.

As the funds can only be used for the purpose for which they have been raised – this will ensure that the funds are not diverted elsewhere and that the money is used for the purpose for which it is raised, thereby ensuring timely completion of the property.

4. Right to information

This has been another big change in RE sector. Retail customer often was not provided all the information and he had no way to force the builder to share the requisite information. However, RERA has clearly stated various information which should be provided in writing to buyer in the agreement as well as in the advertisement.

5. Grievance redressal

Grievance redressal was another area where buyer used to run from pillar to post to get himself heard without a positive outcome. Now RERA has ensured the establishment of an authority for grievance redressal in every state making life easier for a customer.

The biggest advantage of RERA lies in discipling a few errant builders and thereby making a level playing field for all developers. Institutional developers like Paarth Infrabuild, who has all its projects approved by RERA, and who have always been transparent to customers are major beneficiary of this act along with the end customer.

How good is Gomti Nagar extension for property investment

February 15, 2021 0 Paarth Infrabuild residential Residential Properties

Lucknow has undoubtedly emerged as a real estate investment hub in last decade or so. While the whole city has seen increasing real estate activities, the localities on Shaheed path (Known as Gomti Nagar extension) have offered better returns and continue to hold their premium position. Let’s look at the reasons as to why this area continues to attract investors –

Well planned development – Gomti Nagar and Gomti nagar extension are one of the largest planned residential areas of Uttar Pradesh. The whole infrastructure development in the area is new and has been planned well. This contributes to a more relaxed living for the residents of this area.
Excellent connectivity – Gomti Nagar extension area is very well connected to the other parts of the city. It has proposed metro connectivity also. The airport and station are connected through special expressway, which avoids the congested city roads.
Best facilities – The locality has everything that one can wish for in a residential address. Large green parks and sporting facilities including the Ekana international cricket stadium make this area very different from any one can think of. There are good shopping areas and largest mall of Lucknow, the Phoenix shopping mall. The concentration of good schools, including some international schools make it easy for families with kids. The heath facilities are top class and easily available. There are multiple opportunities for employment nearby including a software technology park.
Affordability – The best part of housing in Gomti Nagar extension area is that despite wonderful amenities, the prices of properties are quite reasonable. Paarth infrabuild has two residential communities here, Paarth Arka and Paarth Aadyant. These are at the best location of this area and have affordable 3 and 4 BHK apartments. However, this opportunity for investors may be short-lived as the number of available units are limited.
Appreciating value – In last ten years, ever since the Gomti Nagar extension area was launched, the prices have been appreciating annually here. In last few years, even when residential real estate stopped appreciating everywhere (and saw a downward trend in a lot of localities), the properties here have seen a consistent appreciation. This has been probably due to new infrastructure and amenities being created regularly. There is still good scope for property price appreciation here as people look for large units post pandemic and the price in nearby Gomti Nagar has escalated beyond affordability for most people. Therefore, those who are looking for property investment in Lucknow are heading here searching for right property.

All the above factors make this area very appealing for property investors as well as end users. The rental yields are also good and with multiple employment opportunities, it is not tough to find renters any time. Paarth infra build has two good projects, Paarth Arka, the highest building of Lucknow, beautifully designed by architect Hafeez contractor and Paarth Aadyant, a project where people are already living. The location and design of these properties have helped them take a premium position in this micro market and will hopefully help driving more customers to this area.

Affordable homes on Kanpur road

February 12, 2021 0 Paarth Infrabuild residential Residential Properties

India is a relatively young country with more than 50% of its population below 30 years of age. Youth comes with aspirations and with the world’s largest sub-30 year population, we are rightly called as an aspirational country. This has been clearly demonstrated in choices that this generation makes. Housing sector has also seen the manifestation of this in last few years. The youth of today are widely travelled and have been exposed to new lifestyle choices across the world. They, therefore, look for the same when buying a home. The average age of buying a home is coming down and with it the stress is on proving world class amenities at a price that is affordable for this buying class.

This dual challenge presents limited options for property developers. Providing world class amenities to a home buyer who is looking for buying a home in 16-30 lacs is quite tricky. This is the budget which youngsters have been looking out for their dream home in cities like Lucknow and they are disappointed with the currently available choices. That is where townships like Paarth republic fit the bill. With large township development, providing world class amenities becomes possible due to a large number of residents. Paarth republic has multiple housing options with their own personalities to suit different budgets and aspirations. For buyers, who are looking for a lifestyle at an affordable price, Paarth republic offers two options in the form of Canary and Humming retreat sub projects.

Paarth republic is a township planned and built with modern technology at the core. Use of state of the art methods has also helped it reduce the cost of acquisition for buyers resulting in a wonderful offering. The township is one of the largest in Lucknow and is situated bang on Lucknow Kanpur road. This ensures all-time connectivity to all parts of city as well as easy access to Kanpur and Unnao towns. The township has modern infrastructure to take care of daily needs of the residents like sewage, water, electricity and security. The most amazing part of this community is the recreational and sports facility. This is the only township in Lucknow which can boast of its own cricket stadium which can host 1st class cricket competition. The most modern cricket training here offers its residents a unique opportunity not available elsewhere in entire Eastern and central UP. The children play area, provision of modern clubbing facilities with Swimming pool and 3-tier security ensures a happy and stress-free life for its residents.

Affordability of homes with all modern facilities was always a challenge but Canary and Humming retreat projects within Paarth republic township has successfully overcome this. This has opened a new vista for discerning and aspirational customer at a price that he can pay. Various housing options within Paarth republic township meet requirements of different lifestyle requirements at different prices and make this project a one of its kind option on Kanpur road.

Living experience in an independent floor

January 21, 2021 0 Paarth Infrabuild Real Estate residential Residential Properties

Buying a home is one of the biggest decisions a family makes together. This also has far reaching social and economic impact on family members. The locality, the neighbors, infrastructure and what kind of home one buys, go on to define the kind of life one would live.

Living experience in an independent floor

There are many choices for a buyer. One can buy an apartment in a condominium or buy a villa on an independent plot of land. For some, Skyscrapers make their inhabitants proud and inspire awe in them. But some just don’t like living in tall buildings with shared spaces. A few others want to live in an Independent villa, but can’t afford it. The high prices of land have made villas virtually out of reach of an average Indian. The independent floors give a certain middle course that is affordable and meets aspirations of a style-living oriented middle class family.

An independent-floor apartment is a residential unit with a few other flats in a low-rise independent building. The number of units on each floor is one or two and therefore don’t have to share the common space with many families. These buildings are generally mid – height, offering the much needed visual relief, ensuring these are not claustrophobic. These are also designed with ample space between different blocks to afford a healthy flow of air and ingress of sunlight. These have become important criteria for customers in post-pandemic world.

Buying an independent floor is clearly a lifestyle decision. This is so because, an apartment of the same size in a high-rise will be available at 15-20% less cost. For a lot of people who go by utility of their purchase decision, this premium over a similar sized apartment doesn’t make any sense, but for few, it is the best decision they made. Also the flexibility of space utilisation in independent floor is more as there are very limited common areas. This also allows a buyer to give the space outside one’s home a character that he wants.

However, builder floors have some drawbacks, if they are offered on a standalone basis. Such independent floors do not have facilities such as gymnasium, swimming pool, security and power back-up, that all of the modern society apartments have. But if there are independent floors on offer within a township, this is like one gets best of both worlds. An independent floor with the sense of safety and security and the amenities offered by a large well planned township is unparalleled in its value offer to the buyer.

Independent floors offer a sense of space which can’t be compared with an apartment. The privacy that this offers, also attracts buyers. The discerning customers also like the opportunity to create the greens around their home and less cacophonous surroundings. Another strong value that an independent floor in a township offers is the “step in – step out” convenience. What it means is that you could enjoy social life just by stepping out of your home and be absolutely private the moment you step back inside.

Gardenia Residency in Paarth Republic Township on Lucknow- Kanpur road, is attracting buyers with this unmatched combination and is one of the fastest moving homes in Lucknow.

Future of work and home spaces

January 13, 2021 0 Paarth Infrabuild Real Estate Real Estate Industry residential Residential Properties

We are on a long road to recovery from the initial disruption created by the pandemic. It, however, is sure that not everything will go back to how it was pre-Covid. Somethings would have, perhaps, changed their character forever.

The lockdown brought a huge change to the workplace. Work from home (WFH) became the norm rather than exception. As per estimates from industry experts more than 90% of 4.3 million IT workforce worked from home during lockdown. And it seemed to have worked well, contrary to the early skepticism. The best part is that both the employee and the employer seem to be happier with this arrangement. While increased productivity warmed the hearts of employers, employees enjoyed flexible working hours and savings in commute time.

Learning from IT industry’s early moves, other industries also started to figure out ways of getting a portion of workforce WFH without disrupting the work ethics. Employers also saw it as an opportunity to reduce infrastructure and administrative costs. Conferences and meetings went online, helping save critical and expensive commute and helping organisations take swift decisions. Also, employees could be close to families during these uncertain times, especially when kids were home due to school closure. And there has been a vast acceptance of these methods. Even the courts in the country, started using video conferencing as a viable medium to do hearing.

WFH also helped companies to tap into a pool of talent, which was not available earlier. There were instances when employees were not willing to move places, resulting in shortage of talent of a particular type. But with WFH becoming a norm, this has no more remained a challenge. Also, people who left their homes, leaving ageing parents behind, for a better life, could now shift back and be next to their parents without affecting the work. This means very special for women, who had to sacrifice their careers for commitments at home, suddenly finding new opportunities.

Another defining aspect of the pandemic induced work innovations has been a realization by employers in industries other than IT, that remote work for a large proportion of people in every industry is possible. As organizations tried it under compulsion and found it working, it is expected to become a regular feature going forward. This should result in continuation of these measures as it works well for both the employees and employers. There was an announcement by Deutsche bank with a plan to have almost 40% of its workforce working from home permanently.

However, there has been a flip side to WFH also. It is yet to be ascertained as to the impact it will have on employee morale and loyalty over a longer period of time. The lack of physical contact will affect the ability to group work, ideate and solve complex challenges. This feeling of isolation could also affect the mental well-being and may play havoc with self-confidence of sensitive employees. As non-verbal part of the communication is not possible, the exchange in certain situation could turn unhealthy. We can already hear employees complaining about unstructured and long hours of work affecting their life in multiple ways.

The problem, in fact, extends beyond the mental well-being. The bedrooms and living rooms are being converted to make-shift offices, which is an interference of work life into personal space. Most of the houses in India are cramped and don’t have appropriate office furniture, which may lead to health issues. As personal life is intruded into, a lot of employees and their families may find this experience awful. The ambient noise, at times, create embarrassing situations for individuals and trying to hide from it could result in employees not being at their normal self. Also, a large set of people have an extremely casual approach to work, when in a relaxed setting, which may be off-putting for colleagues in the work group.

What then is the future of WFH in India? Basis the cost reduction it offers to employers, there will be an increased traction to continue and enhance Work from home. A large proportion of employees on other hand are already feeling weariness of this change and may like to resume the normal office functioning at the earliest possible opportunity. Multitude of work in offices, including the IT corporations, require more than one teams and employees to work together on a problem. Their synchronization has been critical for organizational success. Keeping this and other factors in mind, most of the organizations may be forced to resume operations like pre-covid times, once the scare is over. However, a good solution can be blended office – working from home on specific days and working at office on other days. This could be a winning solution if proper planning with thorough understanding of each role.

This new way of thinking will also result in paradigm shift in other industries. Real Estate industry is the one that is expected to feel this change the most. The market for office sales and rentals may face upheaval in short term. On the other hand, residential developments in emerging and new locations may see an uptick in demand. Challenges of working and managing office work from cramped spaces will force people out of their homes in busy localities to look for new and larger homes increasing the transactions. The noisy buildings located next to a street as standalone building, will lose charm and large complexes away from main road offering less noisy surroundings will gain prominence. It will not be a surprise to see larger homes or apartments with an extra room getting into favor, when compared with smaller homes. The locations with good IT infrastructure will also find more buyers. Also, with travel and other expenses down, the ability of an employee to pay the EMI amount would increase substantially, giving him the confidence to invest in a bigger apartment.

As the impact of WFH becomes clearer, we will know the way it impacts various industries. One thing, however, is sure, that the housing real estate industry is sure to see its best days. The focus will also shift from purely affordable housing to apartment complexes located away from hustle bustle of busy market areas. The large township projects will be in vogue and certainly score over small city centric developments.

Perks of Township Living

January 11, 2021 0 Paarth Infrabuild Lucknow residential Residential Properties

A township is like a mini town inside a large town and provides plentiful amenities to give its residents a style and a living, that is so different from living in a chaotic city of today. A thoughtful mixture of business and retail areas, housing and open green areas is, what ticks well with those selecting to live in here. Townships have gained remarkably in style across the country thanks to numerous advantages it offers. Let’s have a glance:

1. Unmatched Security

Equipped with advanced automation and management systems to make sure safety, townships are being talked-about as the most secure residential zones. The availability of CCTV and 24/7 observation with guarded posts make these residential properties absolutely safe for inhabitants.

Security could be a key concern for families, particularly working couples. The 3-tier security which ensures a secure perimeter as well as an eye in every corner of township with the help of technology, is very reassuring for families with kids and elders.

2. Best in class amenities

Apart from providing snug living areas, townships provide a varied best-in-class amenities and comforts. Be it a shopping area, a mini-theatre, party area or a sports space, townships provide various comforts within one common campus.

Most townships given their sheer size are delicately positioned off from town that directly implies – no traffic, no pollution and no urban chaos, shaping it as a dream-come-true for its residents. Townships facilitate and encourage ‘Living together happily’. The shared amenities not only ensure the best experience but also allow residents to come together to enjoy these and thereby forming common interest groups, which could also help in better upbringing of kids.

Various clubs that encourage sports and fitness activities like court games, football, basketball, cricket, running, cycling, etc. Hobbies and crafts like artistic production, painting, and sketching, etc. can be pursued inside the townships without worrying for eternal interventions and provide a plethora of choices to the residents to bond with one another. Celebration of festivals, spiritual ceremonies, etc. take a distinct colour altogether, thanks to the unique ambience a township provides.

The critical facilities within the townships like health clinic and school ensure that a safe bubble is created for its residents to enjoy life without a worry.

Open areas, parks, curated gardens, paved roads and other such infrastructure which is well designed and modern, offers peaceful daily life. Walk-to-Work opportunities help improve work and life balance.

3. A city you co-create

Townships offer a great opportunity to its residents to take an active part in its management. It ensures that you could create a community which is more homogeneous and therefore, offers benefits beyond physical comforts. It is a socio-economic zone that brings unparalleled freedom to create new relationships and allows you to follow your passion. A township offers residential dwellings for people from different socio-economic backgrounds. However, the simple fact that all of them have chosen it away from the chaos of the city brings that binding thread – the hope of building a better future.

Townships have, therefore, been center of excellence in learning and sport activities and outsiders have always watched it with a desire. By bringing in a large aspirational population together, it replicates a large city without the hassles of living with archaic infrastructure, that is troublesome.

4. Eco-friendly Living

Townships are generally planned with eco-friendly and pro-people options like ground-water harvesting, proper sewage disposal, large greens etc. These ensure that one lives with lesser guilt of consuming the natural resources and in fact, in some cases giving more than what one is using. Some of the new townships also have solar power panels for common area lighting etc and wi-fi enabled smart infrastructure. Such infrastructure is future ready and offers long term health and economic benefits.

There is absolutely no doubt that each one of us want our children to grow up as responsible global citizens. Townships can be looked at as the crucible for their experimentation. How? Simply because it offers a possibility to work on one’s ideas at any age with fellow residents, with whom one doesn’t have a direct relation but a common wire of residentship. It is like a college alumni network, with a much wider landscape and variety.

The children growing up in such green and happy surroundings grow up as better citizens with love for ecology. That is the first step for them to learn these lessons early in life in these settings.

5. A high life

Townships make it possible for mid-income families to live in peace with beautiful surroundings, once they could only dream earlier. This is one major difference which townships offer, compared to stand-alone residential projects. The life inside a township is not very different from the one offered in developed societies and which has remained like a dream for a common Indian. With large group of similarly aligned people, it is possible to live that dream for most of the people.

Another important aspect of life in a township is the opportunity to rub shoulders with the best in society in familiar surroundings. Townships offer residential facilities to people from different strata of society and have some of the common features. Some of the townships also offer some very special facilities. For example, Paarth Republic by Paarth Infrabuild in Lucknow offers an international cricket stadium. Now such a facility is not possible to have for a commoner in Lucknow, but just because one is a resident of the township, it comes without any extra cost.

Also, a large population with affinity to good lifestyle in one place offers a great market place to brands and they provide the best products and offers to such communities. It is not very difficult to see special privileges being offered to residents of such townships due to an attractive and homogeneous market available to brands.

The advent of townships emerged from attraction of suburban living, which embellished with amenities and security offers comfort and lifestyle, which till a few years back, was a dream for most Indians. No wonder then that these are the hottest selling dwelling units in most of the cities.

Paarth republic with an excellent location bang on Lucknow-kanpur highway and lose to airport, is rightly considered by many as an “Island of opportunity”.

A vacation without leaving your home

January 7, 2021 0 Paarth Infrabuild residential Residential Properties

The unpredictability of the pandemic and the negativity of news around, coupled with the strain of adjusting to new realities of work, child-care and their school, have almost everyone I know craving for a vacation. Yet with multiple travel restrictions and quarantine process in place, a carefree getaway doesn’t look like a great possibility.

However, vacations are proven to be an important part of well-being. Various studies show that people who took annual vacations are physically fitter and have a better sleep quality. But in the given situation when stepping out of one’s house is looked to be brought with risk, how does take a vacation. For those, who don’t feel safe to venture out in the current circumstances or with a newborn or an elderly at home, a staycation can provide some of the same benefits- A chance to rest, a break from usual routines, opportunities for freedom and play.

In fact, sometimes a staycation can be a better option than a vacation during holiday season. Haven’t all of us faced frayed nerves, when we travel through the crowded airports or railway stations? Remember the scenes of all tourist places, which we see as pictures in newspaper around New Year holidays. Long traffic jams and people all around don’t let you rest and often make the whole experience more tiring. The only thing that is difficult to bring in a staycation is the adventure that you may get in a travel.

Here are some ideas to have adventure without leaving your home:

If you stay in a well-developed housing complex by a reputed developer, you can find enough places to go out on a picnic within its perimeter. You can involve a couple of families more and organize a small singing party around fire and order food from outside. This could be more fun than your vacation at any hotel in a tourist place.
If you like reading books and watching movies, get your best picks and enjoy with these. With some of the largest hotels, like Taj in the town offering a home dinner, you can just relax and get a sumptuous dinner served to you by the best in business. This could be a wonderful surprise to your spouse and kids, and will cost you a fraction of cost that you might have incurred on travel otherwise.
Camping out is another idea that excites young and old alike. If you are living in a township, you can find enough nice places to camp out an evening. You can have a bonfire and the whole family can cook together. The whole experience will be a learning experience for kids and stress relieving for elders.
Home swap is another wonderful idea during staycation. You could do this house swap with a relative or a friend for a few days. If you are part of different housing complexes, you will enjoy a different life around you. The flora and fauna and the whole routine change itself will have a very calming effect.

These adventurous ideas will make your life take a break from routine and will have similar benefits as when you go out on a vacation. With wonderful facilities and large green areas, Paarth Republic Township in Lucknow offers you an opportunity to take a vacation without stepping out of the boundaries, which keep you safe in these uncertain situation.

5 reasons why one should buy property in Lucknow

January 4, 2021 0 Paarth Infrabuild Lucknow Real Estate Real Estate Industry residential Residential Properties

City of Lucknow, inhabited on the two sides of river Gomti, is a beautiful city that transitions from old to new in a matter of a few kilometers. The core of this city is its historical monuments, which are juxtaposed with glass and steel facade of state-of-the-art constructions. The old bazars are still attracting crowds for their variety, while fashionable malls are equally liked by new age city dwellers. The tranquil locales, modern infrastructure and a relaxed lifestyle has been attracting people from all over to make this city as their home for years and with time, its charm has only increased.

5 reasons why one should buy property in Lucknow

Today, Lucknow has emerged as one of the country’s most important cities. Lucknow is now emerging in various sectors such as retailing, manufacturing and IT after securing its position in the smart cities of India, thanks to a proactive government. As a natural corollary, the city is attracting many developers and homebuyers with the growth of new infrastructure. Here is a list of top 5 reasons, why one should look at investing in a good property in Lucknow.

Lucknow Metro – Every city in India has faced chaotic traffic as it grew. Lucknow, however, escaped this due to visionary planning of infrastructure agencies. The metro rail work was started ahead of time and resulted in being ready when the city would have faced challenges of traffic. It makes moving around in the city very comfortable.
Connectivity with the world – Lucknow boasts of a modern international airport and a railway station connected to almost every city in India through an efficient network. Unlike most other cities, both these places have excellent connectivity with rest of the city. The Shaheed path connecting to airport from the developed areas of the city is a testimony to the foresight of city planners.
Recreational facilities – Lucknow has many places to spend a day either in complete relaxation or by engaging in an activity one likes. Two cricket stadiums in the city, with the latest one, Atal Behari Vajpayee stadium even hosting international cricket matches, have brought the most played game in India to its residents in a spectacular fashion. The museums, cinema halls and a host of other such facilities ensure that one never feels lack of recreation options in this city.
Medical and educational infrastructure – This city rubs shoulders with the top metros of India, when it comes to educational and medical infrastructure. With top schools and colleges, an IIM, a AIIMS equivalent hospital with multiple top notch private hospitals, Lucknow offers a peace of mind like no other similar city in India. The city provides the best environment for a child to engage in various activities, while studying for a multi-faceted development.
Modern retail – Lucknowites have adopted to modern retail like fish to water. Latest malls like Phoenix and Fun republic have attracted and introduced people to the best national and international brands. The ubiquitous fashionable city dweller, mixing with the people in traditional attire make this city as lovely as one could get.

There are a few locations which have harnessed these advantages to the maximum. A couple of residential complexes, Arka and Aadyant by Paarth Infrabuild in Gomti Nagar Extension, located right next to Phoenix mall and Atal Behari Vajpayee stadium, bang on Shaheed path are the kind of location, one can only imagine for that coveted home.

Recent Posts

Recent Comments

Archives

Categories

Meta