Migsun Lucknow Central: The New Benchmark For A Nawabi Retail Experience
Established in 1992, Migsun Group is one of the fastest-growing real estate companies in Northern India. Envisioned to develop future-oriented, sustainable, and sophisticated living spaces at par with global standards, Realty today is backed by the trust of more than 12,000 happy customers.
Aiming to elevate the contours of Indian real estate, the developer has successfully earned a reputation for delivering an unparalleled customer experience, timely completions, and unmatched real estate spaces. As of 2024, the company has a vast portfolio of diverse segments, such as residential, commercial, and retail, with over 2 crore sq. ft. under its belt.
Ushering in Retail Renaissance
In an effort to attain its aim, the conglomerate has recently acquired 5 acres of land from the Medanta Group. As per reports, the land parcel located in Lucknow is primed to be developed into the city’s premier retail destination, with luxurious service apartments within the development. An approximate budget of Rs 426 crore has been allocated to the development, including the land acquisition cost.
Inspired by the phenomenal success of Migsun Janpath Lucknow, whose price has doubled since its launch, the developer aspires to achieve a similar trajectory with Migsun Lucknow Central. A company insider stated that the project’s construction would be financed by internal accrual as well as customer advances and is likely to be completed within 3 years, with the first phase to be delivered in 2027.
Shop, Dine, and More
The development is poised to revolutionise the retail experience in Lucknow. From a stunning glass facade that instantly captivates on arrival to luxurious interiors with sunlight brightening up every nook of the mall, the mall is being crafted to be the next hot-spot recreational destination. Here you will find the best collection of luxury and high-street brands, so that you can shop to your heart’s content. A curated selection of restaurants serving mouth-watering cuisines from around the world is also here for you to rejuvenate after a long day.
The RERA-approved project is located on Shaheed Path, right next to Medanta Hospital, one of the most coveted locations in the City of Nawabs. The locale is home to thousands of happy families and is connected seamlessly to all the major social hubs of the city through a progressive network of transit infrastructure. Looking ahead, the locale is poised for exponential growth, fuelled by strategic connectivity.
Final Thoughts
As more and more projects redefine the city’s skyline and elevate urban living, unparalleled opportunities are likely to crop up for homebuyers and investors alike. As such, investors in Migsun Lucknow Central are situated precisely to capitalise on the emerging prospects and chart a foolproof path to progress and profit. Looking ahead to 2024, one thing remains certain: Migsun Lucknow Central is going to be the retail landmark Lucknow has been waiting for. Investing here means not just investing in a piece of real estate but rather in an experience set to change the landscape of the city. So, what are you waiting for? Invest today and yield unparalleled returns for life.
