Overview of Jankipuram, Lucknow

Location and Connectivity

• Jankipuram sits in the Trans Gomti Phase 2 section of Lucknow, along the National Highway (New Delhi-Lucknow), also referred to as the Ring Road.
• The area is near several key places like the Indian Institute of Management (IIM), IET & Law faculty of Lucknow University, and the Government Engineering College.

Infrastructure and Amenities

• You’ll find well-developed public infrastructure in Jankipuram, with educational institutions, banks, top-tier hotels, malls, and supermarkets.
• The place promotes a modern and luxurious living style, much like you’d find in the National Capital Region near New Delhi.
• It has open green spaces, and there are parks, clubs, and gyms.

Property Prices and Trends

• Property prices range from Rs. 706 per sq.ft to Rs. 11,538 per sq.ft, with an average at Rs. 4,921 per sq.ft.
• Property rates have grown by 1.99% in the last year, showing a stable and possibly growing market.
• Historical data shows price increases over the past years, with particular growth seen in the last two to three years.

Types of Properties Available

• Here, buyers can find different types of properties like flats, apartments, builder floors, and independent houses, both new and redeveloped.
• Also, plots are available, part of the well-known Lucknow Development Authority (LDA) housing scheme.

Rental Market

• Monthly rentals for a 2 BHK house in Jankipuram are between ₹14,000 to ₹24,000.
• Rentals here are attractive, making it ideal for apartment owners looking to let out their properties.

Future Prospects

• Jankipuram is included in the fast-growing corridors of Lucknow, promising good prospects for real estate investment.
• The area will benefit from the proposed Ring Road and the upcoming Lucknow Metro Rail project.

Key Developers and Projects

• Major developers include Sahara and SAS, with prominent projects like Mustafa Homes and Super Greens Apartments.

PropertyWala's Conclusion

Jankipuram, Lucknow, provides a promising investment in real estate for both buyers and renters. Its strong infrastructure and amenities, and proximity to important educational and professional hubs, offer a modern and luxurious lifestyle. Property prices and rental market trends indicate a stable and expanding market, ensuring it’s an attractive long-term investment option. For anyone seeking either affordable or high-end properties, Jankipuram offers a diverse selection to suit various budgets and preferences.