Kanpur, recently, found a place in the growing list of Prime Minister Narendra Modi’s 100 smart cities mission. Experts see this industrial city as one of the fastest growing cities in the country as well as amongst the peer group of Tier II cities is now a well established fact. The move is expected to help the city see improvements in lifestyle and amenities boosting the prospect for both the realty investor and the end user.
It is likely to lead to higher level ‘Urbanization’ not only in Kanpur but in the close vicinity as well. Health and hygiene is likely to improve in the future and it is expected to generate lots of business development opportunities, particularly in the service sector, leading to higher employment. Needless to say, all these developments will be further strengthening the city’s real estate potential.
Besides, Kanpur is a very well connected city and has very good road, rail and air connectivity. It is witnessing significant infrastructure growth, including Kanpur Metro, Indian Institute of Information and Technology (Kanpur) and the GSVM super-specialty hospital. All of these combined together have made the city the toast of real estate investment.