Gomti Nagar is an area in the Indian city of Lucknow consisting of both residential and business settlements. It is one of the largest and fast growing areas of Lucknow. It is also considered as Asia's largest Colony. It is home to high-end residential projects, malls, commercial property, plots, business centers, multiplexes, cafés, hotels, hospitals, clubs, banks, food courts, entertainment centers. The colonies in Gomti Nagar are based on a 'maximum open space' concept hence most of the plots/houses and apartments are park-facing. Origin of name It is situated on the banks of the river Gomti, a tributary of Ganga, which flows through Lucknow, hence its name Gomti Nagar. Economy Gomti Nagar is now developing both as a 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, Passport Office, High Court and many other important offices, gaming zones, indoor stadiums and commercial centers. Many important Government offices like the Reserve Bank of India (RBI), Employees' Provident Fund Organization, Lucknow Metro, PICUP, Office of the CRPF, Custom Division, Institute of Cost and Works Accountants of India, Institute of Chartered Accountants of India, Bharat Sanchar Nigam Limited (BSNL), etc. are situated in Gomti Nagar. It boasts of National and State level headquarters of SONY, Reliance Retail, Ultratech Cement (Adityabirla Group) etc. It also has a developed industrial area with several factories and industrial units. The Sahara City of the Sahara India Pariwar, including the residence of Mr. Subrata Roy, is also located in Gomti Nagar. Gomti Nagar is divided into Gomti Nagar - Phase-I Gomti Nagar - Phase - II & Gomti Nagar Extension. Whereas Phase-I & II have good occupancy rates, Gomti Nagar Extension is still under construction. 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. Leisure Eight shopping malls/ multiplexes Phoenix Palassio, Wave Mall, Fun Republic Mall, City Mall, Singapore Mall, One Awadh Center, Platinum Mall and Riverside Mall are situated in Gomti Nagar. The Lulu Mall is under construction on Shaheed Path claim as the biggest mall in India by owner. The mall is spread in 22lakh sq.ft. area. Lulu group invested 2000