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An Overview of the Gorakhpur Real Estate Market

Running along the banks of the river Rapti and river Rohini, Gorakhpur is a small city in the North Eastern part of one of India’s largest state, Uttar Pradesh. The roots of Gorakhpur are deeply connected to UP’s history and now the city’s rapid development is making people move here. It has become one of the most promising cities in India and the Chief Minister of Uttar Pradesh, Mr. Yogi Adityanath, even states that Gorakhpur would be the prime example of development. With so much development and growth on the card, the migration of people to this city is seen on a massive scale. 
 
Infrastructure & Connectivity
Seeing the scale at which the Chief Minister is taking this city, many real estate players have started adding new residential and commercial complexes to real estate Gorakhpur. The infrastructure of this city is rapidly developing and now one can find modern residential apartments in prime localities. There are many educational institutes within the premise of this district like university, technical university, 15 degree colleges, 135 secondary schools, and over 1776 senior schools. Many health care institutes like Baba Raghav Das Medical College and AIIMS are also here. 
 
The connectivity of this city in the northeastern part of Uttar Pradesh is also splendid. There are a number of highways being developed that are crossing this city and the road connecting it to other parts of UP is also well-paved. Apart from that, Gorakhpur Railway Station (World’s longest railway platform) has Class A-1 railway station facilities. The railway network is very strong as it is headquarter of the North Eastern Railways. Not just that, the city also has air connectivity. The Mahayogi Gorakhnath Airport, which was started in 1963 as an air force station, is now extended for public usages as well. 
 
Demography
Gorakhpur is a small city in the Gorakhpur District of Uttar Pradesh. Going by the 2011 Census reports, the population of Gorakhpur city is 673,446. However, if we talk about the demography of the Gorakhpur district, the rural population is 36,04,766 while the urban population is around 8,36,129. The sex ratio of this district is 959 with a literacy rate of 60.8%. 
 
Lifestyle
Known to be a land of ancient glory and mysticism of the medieval age, the people of Gorakhpur are deeply rooted in their history. With rapid development, the city is now inclining towards modernity as well. While the city is known for its Gorakhnath Mandir and people can be seen drowning in spirituality here, one can also spot a number of modern structures that attract the millennial youth. The lifestyle of the city is a reflection of this city’s ancient history tinted in the hues of modernity. People can be seen frequenting the shrines and at the same time enjoying in the malls and other recreational sites. 
 
Key localities in Gorakhpur
Ever since the Yogi Adityanath government came into power in Uttar Pradesh, real estate in Gorakhpur has seen a drastic transformation. Many new projects have been launched by top builders and developers to cope up with the infrastructural development here. The localities have undergone a makeover and are offering better lifestyle opportunities to their inhabitants. The key localities in the city where you can find the best Gorakhpur property are:
  • Medical College Road
  • Kunraghat
  • Taramandal
  • Gorakhpur Sonauli Road
  • Kasya Road 
 
Real Estate Market
The real estate market of Gorakhpur has seen a shift in the past two-three years. The government has undertaken a number of projects and invested huge sums for the city’s rapid development. In the coming few years, a number of projects would be completed and one would be able to easily find property for sale in Gorakhpur. The price of property has also appreciated owing to the development and increasing demand. 
 
Projects in Gorakhpur
A number of residential and commercial projects have been initiated by builders and developers in the city to meet the growing demands of people. The top projects in Gorakhpur are Batiyahtha Square, Dream City, Kamadgiri Shree Jee Apartments, and Subhaalaya. One can either book their own property here or even get property for rent in Gorakhpur in these projects at cost-effective prices. 
 
Govt Projects in Gorakhpur
The government of Uttar Pradesh, run by Mr. Yogi Adityanath, has given special focus on Gorakhpur city. The government has approved of several development schemes and projects that would take infrastructure and real estate of Gorakhpur to another level. The Purvanchal Expressway worth Rs. 1,000 crores and linking Gorakhpur to this expressway via the Gorakhpur Link Expressway are also commissioned. Rs. 29.50 crores have been provisioned for the development of modern auditorium in Gorakhpur.
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