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Prayagraj, formerly known as Allahabad, is the seventh most populous city in the state of Uttar Pradesh, twelfth in Northern India and thirty-eighth in India. The city is also ranked as the world's 40th fastest-growing city with a stable economy. The various contributing sectors are mainly education, retail, banking, tourism, real estate property in Prayagraj along with few others. The construction sector has been playing a significant part in the city's economy. The bilateral meeting between the Indian Prime Minister and the US President in 2014 resulted in the US's assistance to India in developing three smart cities, with Allahabad being one of them. With an aim to boost the 100 smart city programme, the Government of India has officially included Allahabad on the list of 100 smart cities.
New Modern Buildwell Pvt. Ltd. is known for providing quality flats in Prayagraj. This Real Estate Group uses the latest technology, knowledge and skills in constructing the properties with eco-friendly aspect and the need to ensure efficient use of energy and water resources. It believes in driving the Indian economy by delivering smart and user-friendly infrastructure that provides profitable business and well being of the masses. The New Modern Group has developed a one-of-a-kind residential project in Ahmadpur Asrouli Uparha, Prayagraj by the name 'Navyug Smart Mini City'. The project represents a blend of peace, luxury and tradition, offering luxurious 1/2/3 BHK apartments and plots along with a list of numerous essential amenities like 24x7 security, sewage treatment, solar heating, rainwater harvesting, medical facility, and many more. The Developer also offers Navyug Smart Mini City Studio, consisting of spacious and ventilated 1 BHK Studio in the same project.
One of the significant contributing factors in real estate of Prayagraj is the city's excellent transportation and connectivity. Cities such as Delhi, Lucknow, Patna, Indore, Nagpur, and Bangalore are connected to Prayagraj by flight. There is a total number of seven railway stations with Allahabad Junction as one of the main railway junctions in Northern India. One can easily travel to other parts of the state as well as other major Indian cities while living in this city. With several important National Highways passing by, the establishment of country's longest cable-stayed bridge the New Yamuna Bridge, bus service and the proposed metro route, developers only look forward to upgrading the real estate with the best properties and world-class amenities in Prayagraj.