Gomti Nagar - Economy

Economy

Gomti Nagar is now developing as the commercial and IT hub of mainland Lucknow. Till now the Central Lucknow consisting of Hazratganj, Vidhan Sabha Marg & Ashok Marg was the main commercial area. Realty of Gomti Nagar is growing at the rate of 118%. It has the Software Technology Park, Reserve Bank of India Building, NABARD,Passport Office and many other important offices, gaming zones, indoor stadium and commercial centers. It boasts of some important National and State level headquarters of SONY, Reliance Retail etc. It also has a developed industrial area with several factories and industrial units.

The Sahara City (सहारा शहर) of the Sahara India Pariwar, including the residence of Mr. Subrata Roy, is also situated in Gomti Nagar.

Gomti Nagar is divided into

  1. Gomti Nagar - Phase-I
  2. Gomti Nagar - Phase - II &
  3. Gomti Nagar Extension.

Whereas Phase-I & II have good occupancy rates, Gomti Nagar Extension is still under construction. Recently the Lucknow bench of the Allahabad High Court has ordered for a stay on construction in Gomti Nagar Extension till further orders.

Gomti Nagar is divided into various sectors known as "Khands" and name of all "Khands" start with letter "V".

Lucknow's prime business establishments and offices are situated in Gomti Nagar. It has a Five Star hotel - Taj Residency and a Four-Star hotel, Comfort Inn. Three shopping malls cum multiplexes (The East-End Mall, Fun Republic & Riverside Mall) are situated in Gomti Nagar. Many more shopping malls are under construction. It is home to some of the most famous restaurants and eating joints such as Tundey Kababi, Dastarkhwan, Cafe Coffee Day, Mc Donalds, Barista, Mainland China, Pizza Hut, Royal Cafe, Aryans and many more.

Many important Government offices like the Reserve Bank of India (RBI), PICUP, Office of the Central Reserve Police Force (CRPF), Custom Division, Institute of Cost and Works Accountants of India, Institute of Chartered Accountant of India, Bharat Sanchar Nigam Limited (BSNL), etc. are situated in Gomti Nagar.

Gomti Nagar has two big parks, viz, Bhim Rao Ambedkar Park and Ram Manohar Lohia Park.

Marine Drive, located on the banks of river Gomti is a crowd-puller during evenings. The musical fountain show organised every evening in a nearby park attracts people from all over the city. Billions of money has been spent in constructing breath-taking architecture and beautiful roads due to which Gomti Nagar has now evolved as the favorite place to reside for the rich and the upper-middle class.

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