Migsun Lucknow Central will be funded through the company’s own sources as well as customer advances and will be executed in multiple phases over a timeline of 36 months.
Having bought land from Medanta, the Migsun Group — one of North India’s leading real estate developers — is now planning to launch Migsun Lucknow Central in Lucknow. The company plans to invest Rs 426 crore in this mixed-use development featuring retail spaces and studio apartments.
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According to the company, it is slated to emerge as Lucknow’s iconic retail project known for its design values and brand mix. The project has also received the RERA approval.
Migsun Lucknow Central is strategically located at Shaheed Path in Lucknow and promises high returns. It is spread over an approximately 20,239 square meters of land. The land is entirely owned by the company. Each unit is priced at approximately Rs 49 lakh and targets both end users and investors. It offers High Street Retail, Food Court, and Business Suites. Around 500 units have been launched in the first phase.
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Migsun Lucknow Central will be funded through the company’s own sources as well as customer advances and will be executed in multiple phases over a timeline of 36 months. The first phase will be handed over to the buyers in 2027.
“We are delighted to launch Migsun Central. This is our second commercial project in Lucknow. Our first project, Migsun Janpath, has been hugely successful and emerged as the city’s landmark. Besides, our sales performance so far has also been phenomenal, and the prices have appreciated almost two-fold. We hope to repeat this performance again with Migsun Central,” said Yash Miglani, Managing Director of Migsun Group.
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Having completed over 40 projects, the Migsun Group has established itself as a major player in the NCR’s real estate landscape.
