Migsun Group Lucknow Unveils Studio Apartment Project Near Medanta, Promises Iconic Development
Addressofchoice 19 December 2024Real estate leader Migsun Group Lucknow has announced its plans to invest INR 90 crore in the development of a cutting-edge studio apartment project near the prestigious Medanta Hospital in Lucknow. This ambitious initiative is part of the much-anticipated Migsun Lucknow Central, a sprawling mixed-use project that is expected to be completed before Diwali.
Affordable Luxury for End Users and Investors
With each studio apartment priced at an accessible INR 60 lakh, the project is designed to cater to both discerning end users and savvy investors. Boasting unit sizes starting from 650 sq. ft., these fully furnished apartments will feature branded equipment and high-quality interiors, making them a top choice for those seeking convenience and luxury.
Strategic Location and Investment Appeal
The studio apartment development is set on a five-acre land parcel recently acquired by Migsun Group from Medanta Group in Lucknow. Its proximity to Medanta Hospital not only enhances its location appeal but also offers promising rental opportunities for healthcare professionals and frequent visitors to the hospital.
Migsun Lucknow Central: A Landmark in the Making
Spread over approximately 20,239 sq. meters, Migsun Lucknow Central is envisioned as an iconic mixed-use development featuring high-street retail outlets, a food court, and business suites. The group has already invested INR 426 crore in this project, aiming to redefine retail and living experiences in Lucknow. With state-of-the-art infrastructure and strategic positioning, the development is poised to become a hub for business, leisure, and urban living.
A Boost to Lucknow’s Real Estate Market
Migsun Group’s foray into Lucknow comes at a time when the city’s real estate market is witnessing robust growth. The combination of affordable luxury, strategic location, and a mix of commercial and residential facilities is set to elevate Lucknow’s urban lifestyle and create lucrative opportunities for property investors.
Highlights of the Migsun Group Lucknow Project
- Investment: INR 90 crore dedicated to studio apartments.
- Project Location: Near Medanta Hospital, a prime area in Lucknow.
- Pricing: Studio apartments starting at INR 60 lakh.
- Unit Features: Fully furnished apartments starting at 650 sq. ft. with branded equipment.
- Land Parcel: Part of a five-acre acquisition from Medanta Group.
- Migsun Lucknow Central: A mixed-use project with high-street retail, a food court, and business suites.
- Overall Investment: INR 426 crore into the 20,239 sq. meter development.
- Delivery Timeline: Completion anticipated before Diwali.
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