Lucknow-based residential properties (Luvnest and Urban Woods Phase 1) by Urban Axis Infratech Limited register a remarkable response from home buyers; limited units left for sale

Shashank Gupta, Executive Chairman, Urban Axis Infratech

Lucknow, October 18, 2022: A new-age Lucknow-based real estate company, Urban Axis Infratech Limited, has recently completed two stalled residential real estate projects (Luvnest and Urban Woods- Phase 1) in Lucknow. With prices ranging between INR 60 lakh and 2 Crores, the properties have recorded an exceptional demand from homebuyers within a short period of time. So far, a maximum number of units have been sold and only a handful are left for sale.

Urban Axis’s first project, Luvnest located at the heart of Lucknow, is a one-of-a-kind residential project offering 2 & 3 BHK flats and penthouses at Shaheed Path. The thoughtfully designed community features an affordable yet premium resort-style living experience for residents and home seekers to help them lead happy and fulfilled life. This property is well connected to Lucknow’s prime locations, such as the Airport, Amity International School, Medanta Hospital, Sanjay Gandhi Post Graduate Institute, Kalindi Park, Centrum Club, Phoenix Palassio Mall, and Lulu Mall. This project is almost sold out with only a few penthouses available for home buyers.

Urban Axis’s latest project, Urban Woods- Phase 1, is sprawled across 4 lakh sq. ft. of prime land and provides plenty of green spaces, parks, and serene landscaped greens. Urban Axis has weaved in modern-day amenities to give home seekers a carefree life with a sense of belongingness and pride. As far as the location is concerned, the property is conveniently located to schools like GD Goenka, Medanta hospital, shopping malls (Lulu & Phoenix Palassio), Iskcon temple, and Lucknow airport.

Urban Axis Infratech Limited is on a mission to make affordable, accessible, and premium living spaces using internationally recognized Swedish and Korean Technologies in construction. The company assures earthquake-resistant RCC structures, rainwater harvesting, and solar water heating system in all its properties.

Both Luvnest and Urban Woods Phase 1 projects are designed to offer world-class amenities, including an internationally designed sky garden, spacious living rooms with expansive balconies, a health club, a gymnasium, a kids’ play area, high-speed elevators, and 3 Tier security, among others.

Speaking about the projects, Shashank Gupta, Executive Chairman and Managing Director of Urban Axis, said, “Both Luvnest and Urban Woods- Phase 1 projects were initially mired in legal problems but have been successfully bailed out by Urban Axis Infratech Limited to fulfill the home-buying dreams of the middle-class section. We are pleased to receive an outstanding response for both our projects, and we expect to sell the remaining few housing units by the year-end”.