Lucknow’s real estate landscape is evolving rapidly, with infrastructure projects, commercial hubs, and affordable housing driving demand in
emerging localities. As we approach 2025, areas like Kursi Road, Jankipuram, and IIM Road are poised to become hotspots for buyers and investors.
Here’s a detailed breakdown of the top 5 upcoming localities in Lucknow and why they’re worth your attention.
1. Kursi Road: The Future IT & Residential Corridor
Kursi Road is fast transforming into Lucknow’s next growth engine. With the Lucknow-Agra Expressway improving connectivity and the proposed IT
City near Shaheed Path, this area is attracting IT professionals and developers alike.
- Infrastructure Boost: The 3.5-km-long elevated road project connecting Kursi Road to Gomti Nagar will reduce travel time by 40%, making it
ideal for daily commuters. - Price Trends: Average property rates have risen by 18% YoY, with 2BHK flats now priced at ₹45–55 lakh.
- Hot Projects: Townships like Godrej Woods and Prestige La Montagne offer premium amenities, targeting mid-income and luxury buyers.
- Why Invest Here: Proximity to institutions like IIM Lucknow and upcoming retail hubs positions Kursi Road for 20–25% ROI by 2025.
2. Jankipuram: Affordable Family Living Meets Modern Amenities
Jankipuram has emerged as a favorite for middle-class families, offering budget-friendly housing without compromising on connectivity.
- Demand Drivers: The area’s 90% residential occupancy rate is fueled by proximity to schools (City Montessori School), hospitals (Apollo
Medics), and the Lucknow Metro’s Phase 1B extension. - Price Trends: 3BHK flats here cost ₹60–75 lakh, 30% cheaper than Gomti Nagar.
- Hot Projects: Gated societies like Eldeco City and Sahara City Homes emphasize security and green spaces.
- 2025 Outlook: With the proposed Smart City projects, Jankipuram’s property values could rise by 12–15% annually.
3. IIM Road: Education & Commercial Hub in the Making
IIM Road, adjacent to IIM Lucknow, is gaining traction due to its mix of educational institutions and commercial developments.
- Growth Catalysts: The area’s 2023 Master Plan highlights new commercial zones for startups and co-working spaces, targeting young
professionals. - Price Trends: Plot rates here start at ₹25,000/sq.ft., with high demand for builder floors and studio apartments.
- Hot Projects: Wave City and Omaxe Heights are developing integrated townships with schools, malls, and hospitals.
- Why It Matters: Its proximity to NH-27 and the airport (20 km) makes IIM Road a strategic choice for NRIs and entrepreneurs.
4. Bakshi Ka Talab: From Rural to Premium Suburb
Once a quiet rural area, Bakshi Ka Talab is now a magnet for investors due to affordable land and upcoming infrastructure
- Key Developments: The Lucknow Ring Road Phase 2 will connect Bakshi Ka Talab to the airport in 25 minutes, boosting its appeal.
- Price Trends: Residential plots here cost ₹10,000–15,000/sq.ft., 50% lower than Gomti Nagar.
- Hot Projects: Mantra Aangan and Aashiyana Township offer low-cost housing with modern amenities.
- 2025 Potentia: Analysts predict a 22% price surge as the area becomes a hub for warehousing and logistics.
5. Sitapur Road: Industrial Growth Meets Metro Connectivity
Sitapur Road is witnessing a dual boom—industrial expansion and residential demand—thanks to the Lucknow Metro’s Blue Line extension.
- Infrastructure Impact:The metro line connecting Charbagh to Sitapur Road (Phase 1D) will reduce commute time to the city center to 15
minutes. - Price Trends: 2BHK flats near IIIT Lucknow start at ₹35 lakh, attracting students and faculty.
- Hot Projects: Sikka Karmic Greens and Sumadhura Group are launching affordable housing near the Chinhat Industrial Area.
- Why Buy Here: With 30+ factories and warehouses planned, rental demand for workers’ housing is set to skyrocket.
