- Close to IIM Lucknow campus
- Rapid residential development
- Affordable housing options available
- Good connectivity to Sitapur Road
- Growing investment potential
- Peaceful surroundings
- Modern housing projects are emerging
Why choose IIM Road for Living?
An honest look at what residents love — and what to watch out for.
- Infrastructure is still developing
- Distance from central Lucknow
- Public transport needs improvement
- Limited commercial establishments nearby
- Construction activity remains high
- Property appreciation may take time
- Limited entertainment options
What's New in IIM Road, Lucknow
Live news feed — last updated 14 August 2026
Small Homeowners to Pay Less for Property Mutation in Lucknow
Lucknow Municipal has introduced new, tiered mutation fees based on house size, which will reduce the cost for small homeowners. Houses up to 1,000 sq ft will incur a fee of ₹1,000, with fees increasing for larger properties, capped at ₹5,000 for houses over 3,000 sq ft. Previously, a flat ₹5,000 was charged for all properties
Lucknow Municipal Corporation Plans ₹350 Crore Drainage Overhaul to Combat Waterlogging
The Lucknow Municipal Corporation (LMC) has developed a ₹350 crore project to revamp the city's drainage infrastructure and address recurring waterlogging issues. The plan includes constructing new pumping stations, automating existing ones, and rejuvenating 14 ponds to increase rainwater storage capacity.
Lucknow's Infrastructure and Development Boom
Lucknow is undergoing significant transformation with many infrastructure projects. LDA has approved 120 projects totaling ₹266 crore, including a ₹25 crore water laser light and sound show at the Gomti riverfront, East-West metro corridor , procurement of firefighting platforms, and Kanpur Lucknow Expressway.
New Residential Projects Poised for Launch in Lucknow in 2026
The real estate market in Lucknow is experiencing growth with several new housing projects planned for launch in 2026. Shalimar Group is set to launch key projects including phases of the Shalimar OneWorld township, Shalimar Gallant West in Mahanagar, and Garden Bay Crown on IIM Road, offering luxury apartments and family homes.
Lucknow Boosts Infrastructure with Rs 266 Crore Civic Development Plan
LDA has approved a comprehensive package of 120 projects totaling Rs 266 crore to enhance urban infrastructure, public amenities, tourism, and emergency response. Key initiatives include a Rs 25 crore water laser light and sound show at the Gomti riverfront, Rs 68 crore for advanced firefighting platforms, amongst many other smaleer projects.
Noida International Airport Commences Operations with First Flight from Lucknow
Commercial flight operations began at Noida International Airport on June 15, 2026, with the inaugural IndiGo flight originating from Lucknow's Chaudhary Charan Singh International Airport. This new air route is expected to significantly enhance connectivity between Noida and Lucknow, offering a more efficient travel option.
Dubagga Intersection Flyover Project Approved to Ease Traffic Congestion
A three-lane flyover, measuring 1,811.72 meters, will be constructed at the Dubagga intersection on the Lucknow-Hardoi route at a cost of ₹305.31 crore. This project has received cabinet approval and is expected to significantly ease congestion at this major traffic hub in Lucknow.
Lucknow Development Authority Approves 15 Projects Worth ₹2,500 Crore, Including Amausi Township
The Lucknow Development Authority (LDA) has approved 15 major development proposals, collectively valued at approximately ₹2,500 crore. Among these is a new integrated township in Amausi, near the airport corridor, aimed at planned urban expansion. These approvals, covering residential, commercial, and institutional projects, are expected to boost housing supply
Lucknow-Kanpur Expressway Nears Completion, Promising Faster Travel
The 63-km Lucknow-Kanpur Expressway is nearing completion and is expected to be operational by February 2026. This project, built at a cost of Rs 4,700 crore, will reduce travel time between Lucknow's Amausi area and Kanpur to just 40 minutes. The expressway is anticipated to strengthen daily commuting and industrial movement between the two cities.
Lucknow Development Authority Approves New Townships and Residential Schemes
LDA has approved proposals for seven new private townships and four major residential schemes, set to be launched in 2026. These developments, spread over 385 acres, are expected to attract ₹10,000 crore in investment and create thousands of jobs, particularly in Mohanlalganj and Sarojininagar tehsils. Additionally, 1,100 EWS homes will be built in Sharda Nagar .
What's Around IIM Road, Lucknow
Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Lucknow's top business hubs.
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Kotak Mahindra Bank0.2 km
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Indian Institute Of Management Lucknow1.5 km
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Career Institute Of Medical Sciences And Hospital1.7 km
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Kamlabad Barhauli Post Office2.0 km
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Subhash Chandra Bose Institute Of Higher Education2.0 km
Plan your Commute Travel time from IIM Road, Lucknow
Price Insights for IIM Road, Lucknow
Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.
Property Price Insights in Lucknow NorthWhere the Market is Moving
Real-time signals from buyer searches and active inventory in IIM Road, Lucknow.
Top Projects in IIM Road, Lucknow
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Frequently Asked Questions
Find answers to common queries about IIM Road, Lucknow.
Yes, IIM Road is a well-known residential locality in Lucknow. Based on 7 user reviews, it has an overall rating of 4.9 out of 5. Residents commonly appreciate the area for Affordable Location with Good Upside Potential, Business Hubs & Offices in Close Proximity, making it a preferred choice for many homebuyers and tenants.
Residential properties in IIM Road are available at an average sale price of around ₹6,000 per sq ft. Prices generally fall within ₹ 12 Lakhs to 4 Crore, depending on factors such as the project, property configuration, and exact location.
Rental values typically range between ₹ 23 Thousand to 1.16 Lakhs, based on the property's size, furnishing status, and configuration.
The postal PIN code assigned to IIM Road is 226013. This code is used for postal services, courier deliveries, and address identification.
Homebuyers and renters can choose from various residential property types in IIM Road, including Villa. The locality offers homes in configurations such as 3 BHK,5 BHK to suit different lifestyle needs and budgets.
Currently, approximately 14 properties are listed for sale in IIM Road, while around 10 properties are available for rent.
IIM Road enjoys convenient connectivity to key residential and commercial areas of Lucknow. The locality also provides easy access to essential facilities such as schools, hospitals, shopping centres, and other everyday conveniences.
Some of the prominent localities surrounding IIM Road are Jankipuram Extension, Jankipuram Vistar, Mubarakpur, Fazullaganj, Preeti Nagar. These neighbourhoods are well connected and offer smooth access to different parts of Lucknow.
Yes, residents of IIM Road have access to a range of social amenities. Nearby educational institutions include Indian Institute Of Management Lucknow, Subhash Chandra Bose Institute of Higher Education, Sam Public School, Lucknow Public School, Kendriya Vidyalaya Aliganj, healthcare facilities include Career Institute Of Medical Sciences And Hospital, Shubham Hospital, Hope Hospital, VAGA Hospital, Ajanta Hospital, and shopping destinations include Pragati Mart, Aliganj Plaza, V Mart, Vishal Complex, Vipin Plaza.
According to 7 user reviews, residents appreciate IIM Road for Affordable Location with Good Upside Potential, Business Hubs & Offices in Close Proximity. At the same time, some reviewers have highlighted concerns related to Water Logging & Sewage Disposal Problems, providing a balanced perspective on the locality.