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Top 21 New Residential Projects in Faizabad Road, Lucknow

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About Faizabad Road, Lucknow

Faizabad Road, Lucknow, represents one of Lucknow's oldest and most prominent areas, strategically linked to key neighbourhoods like Hazratganj, Gomti Nagar, Mahanagar, Indira Nagar, Aliganj, Kapoorthala, Barabanki, and more.

Encompassing a vast expanse of 56 acres, Faizabad Road is home to approximately 12,391 residents and stands as one of India's rapidly developing non-metropolitan cities.

Moreover, the area's close proximity to popular tourist spots like Bara Imambara, Lucknow Zoo, Anandi Water Park, Sikandar Bagh, Dr. Babasaheb Ambedkar Memorial Park, and Kala Gaon appeals to both visitors and locals. This blend of historical landmarks and natural beauty enhances the area's overall charm and appeal.

Why Should You Invest in Faizabad Road?

Investing in Faizabad Road presents an appreciating opportunity due to several compelling factors. With an average price of Rs. 4,750 per square foot for apartments with a rental yield of around 4.87%, the area showcases a steady appreciation in property values. Additionally, the proximity of Faizabad Road to localities such as Vikrant Khand 3, Vikrant Khand and Vijayant Khand - 2, offer flats in a similar price range, enhancing the appeal for those seeking diverse housing options within a specific budget range.

Moreover, The renowned projects in the area, including Omega Windsor Greens, Shalimar Mannat, Shalimar Paradise, BBD Sunbreeze-1 - Green City, BBD Lotus Court - Green Cityand BBD Lotus Enclave - Green City contribute to the region's credibility and desirability. These projects reflect a commitment to quality construction and offer various residential choices.

Price Trends in Faizabad Road

Here is statistical data to understand the price trends in Faizabad Road, Lucknow:

Year Price/Sq ft
2019 Rs. 3,350
2020 Rs. 3,550
2021 Rs. 3,700
2022 Rs. 4,250
2023 Rs. 4,750

Disclaimer: All the above mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Faizabad Road

1: Awesome Connectivity

  • Faizabad Road, part of the Trans Gomti Region, acts as an important road network connecting Lucknow to Faizabad.
  • Indira Nagar, Lekhraj Market and IT College metro stations connect this residential belt to Central Lucknow.
  • This locality is well-connected to an extensive road network including Lohia Path, Lucknow-Sitapur Road and Amar Shaheed Path.
  • Popular commercial hubs of Indira Nagar, Hazrat Ganj and Gomti Nagar are easily accessible from this stretch.
  • Faizabad provides direct access to Chaudhary Charan Singh International Airport via Amar Shaheed Path.
  • This locale offers easy access to Lucknow Junction and Gomti Nagar railway stations.

2: Best Infrastructure

Faizabad Road boasts a comprehensive infrastructure. The presence of reputed schools, well-equipped hospitals, diverse restaurants, and entertainment venues enhances residents' overall quality of life and contributes to the attractiveness of the locality.

Leading Schools Renowned Healthcentres Entertainment Venues
BBD College Savitri Devi Hospital Dehati Restaurant
HAL Middle School Jagrani Hospital Aadab-e-Dastarkhwan
Shri Ramswaroop Memorial Public School Jain Hospital Pepper Barbeque India
Seth M.R. Jaipuria School, Goel Campus Mask Hospital Imperial Grill
Lucknow Public College Chandan Hospital The Kalika Hut Restaurant

3: Leading Developers in the Locale

4: Genuine Capital Appreciation

Faizabad Road in Lucknow has demonstrated genuine capital appreciation, with average property rates for lands around Rs. 1,500 to Rs. 2,850 per square foot. Subsequently, the builder floor prices are in the range of Rs. 4,050 to Rs. 4,150. Over the past year, the area has seen a change of 57.9% in builder floor price reflecting a short-term growth trend. Looking at a broader timeframe, the last three years witnessed an impressive 51.9% appreciation, while the rates increased by 152.8% over the last five years for land rates.

5: Major Tourist Spots

  • Chhatar Manzil
  • Siikandar Bagh
  • Dr. Babasaheb Ambedkar Memorial Park
  • Suraj Kund Park
  • Ambedkar Park Museum

FAQs

What is the PIN code of Faizabad Road?

The PIN Code of Faizabad Road is 226016. It is located in Lucknow.

What is Faizabad Road famous for?

Faizabad, situated along the banks of the Ghaghara River, boasts a rich historical legacy intertwined with the nawabs of Awadh. Established by Sadat Khan, the second nawab of Awadh, between 1722 and 1739, the city is renowned for its captivating forts, exquisite mausoleums, and elegant mosques. With its deep connections to the cultural and architectural heritage of the region, Faizabad serves as a compelling destination, offering a glimpse into the opulent history of the Nawabs and providing a serene retreat just a stone's throw away from Ayodhya.

Is Faizabad Road a good place to live?

Faizabad Road is a prime locality with excellent amenities and connectivity in Lucknow. Proximity to educational institutions such as Seth M.R. Jaipuria and BBD College, hospitals such as Savitri Devi Hospital and Jagrani Hospital, and markets, including Wave Mall and Umrao Mall, enhance the quality of life. The area hosts major businesses, service agencies, and automobile hubs, such as Honda, Toyota, and Mercedes. With a blend of commercial and residential establishments, Faizabad Road provides residents with convenience and access to modern facilities.

What is the future of Faizabad Road?

The future of Faizabad Road appears promising, given its current growth trajectory and diverse real estate offerings. The average monthly rental range of Rs. 4,700 to Rs. 7,950 for flats with a commendable rental yield of 4.87%, indicates a variety of housing options catering to different budget segments. The most popular societies in this area are BBD Sunbreeze 1 - Green City, Shalimar Mannat and Omega Windsor Greens.

What are the top schools in Faizabad Road?

  • BBD Group of Colleges
  • Lucknow Public College
  • Seth M.R. Jaipuria School
  • Shri Ramswaroop Memorial Public School
  • HAL Middle School
  • Sanjay Gandhi Memorial School
  • City International School
  • DRV Inter College
  • Vatsalya School
  • Amity International School

What are the top hospitals in Faizabad Road?

  • Savitri Devi Hospital
  • Chandan Hospital
  • Mask Hospital
  • Jain Hospital
  • Jagrani Hospital
  • Medico Hospital
  • Artemis Care Hospital
  • CNS Hospital
  • Parth Hospital
  • Naryan Hospital

What are the best restaurants on Faizabad Road?

  • Dehati Restaurant
  • The Kalika Hut Restaurant
  • Imperial Grill
  • Pepper Barbeque India
  • Aadab-e-Dastarkhwan
  • Pizza Hut
  • Gold Bar Exchange
  • Oakland
  • The Auras Restaurant
  • Domino's Pizza
  • Rocca

What are the petrol stations on Faizabad Road?

  • BP Petrol Pump
  • Indian Oil
  • HP Petrol Pump
  • BPCL Fuel Station
  • Bharat Petroleum
  • Lucknow Fuels
  • Green Gas Limited CNG Station
  • Reliance Petroleum
  • CIV Petrol Pump
  • Siyapati Filling Station

What are the top gyms on Faizabad Road?

  • Assault Fitness
  • Gold's Gym
  • Thor The Gym
  • V Fitt Gym
  • No Days Off Fitness
  • Xtreme Fitness Gym
  • The Fitness Hub
  • K Fitness
  • RAW Fitness Gym
  • Super Fit Gym

What are the shopping malls on Faizabad Road?

  • Crown Mall
  • Wave Mall
  • Shalimar Eldee Plaza
  • Umrao Mall
  • One Avadh Center Mall
  • Sahara Ganj Mall
  • Spencers
  • Fun Republic Mall
  • Andaaz Super Shopping Centre
  • JC Complex
  • Sahara Bazaar

What are the top hotels on Faizabad Road?

  • Fairfield by Marriott
  • Hyatt Regency
  • Hilton Garden Inn
  • Ginger
  • Vijay Paradise
  • Novotel
  • Taraji Resort Hotel
  • Hotel Krishna Palace
  • Aagman Hotel
  • Renaissance Hotel

What are the parks on Faizabad Road?

  • Sector 8 Park
  • Jhalkari Bai Park
  • Arvindo Park
  • Chitragupta Park
  • Maharana Pratap Park
  • Indra Prasth Park
  • Shalimar Park
  • Lohia Park
  • Chandra Shekhar Azad Park
  • Gautam Buddha Park
  • Dr. Ram Manohar Lohia Park
  • Maharana Pratap Park

What are the top attractions on Faizabad Road?

  • Chhatar Manzil
  • Siikandar Bagh
  • Dr. Babasaheb Ambedkar Memorial Park
  • Suraj Kund Park
  • Ambedkar Park Museum
  • Jahangirabad Palace
  • Hanuman Dham
  • Chota Imambara
  • Kamta Chauraha
  • Kudiya Ghaat Park

How much does a 1 BHK cost in Faizabad Road?

1 BHK in Faizabad Road costs in the range of Rs. 18 Lakh to Rs. 22 Lakh.

What is the average size of a 1 BHK in Faizabad Road?

The average size of a 1 BHK in Faizabad Road is 550 sq. ft.

What is the rent of a 1 BHK in Faizabad Road?

The rent of 1 BHK in Faizabad Road lies in the range of Rs. 5000 to Rs. 10,000 per month.

How much does a 2 BHK cost in Faizabad Road?

2 BHK in Faizabad Road costs in the range of Rs. 28.5 Lakh to Rs. 58.5 Lakh.

What is the average size of a 2 BHK in Faizabad Road?

The average size of a 2 BHK in Faizabad Road is 1200 sq. ft.

What is the rent of a 2 BHK in Faizabad Road?

The rent of 2 BHK in Faizabad Road lies in the range of Rs. 12,000 to Rs. 20,000 per month.

How much does a 3 BHK cost in Faizabad Road?

3 BHK flats in Faizabad Road costs in the range of Rs. 40.4 Lakh to Rs. 73.5 Lakh.

What is the average size of a 3 BHK in Faizabad Road?

The average size of a 3 BHK in Faizabad Road is 1700 sq. ft.

What is the rent of a 3 BHK in Faizabad Road?

The rent of 3 BHK in Faizabad Road lies in the range of Rs. 18,000 to Rs. 30,000 per month.

How much does a 4 BHK cost in Faizabad Road?

4 BHK flats in Faizabad Road costs in the range of Rs. 50 Lakh to Rs. 1.5 Crore.

What is the average size of a 4 BHK in Faizabad Road?

The average size of a 4 BHK in Faizabad Road is 2000 sq. ft.

What is the rent of a 4 BHK in Faizabad Road?

The rent of 4 BHK in Faizabad Road lies in the range of Rs. 35,000 to Rs. 50,000 per month

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