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There are good options for villas in both Rabindra Palli and Faizabad road. Personally I would prefer investing in Faizabad road as it is a tag cheaper than Ranindra Palli and offers more chances to growth in the near future. Although Faiuzabad Road is a little further off as compared to Gomti Naga, extension, Ranindra Palli and other Trans Gomti areas, it offers clean environment and well planned civic growth that makes it worth its weight in gold in the medium to long term. Yes Futures Builders and Developers have a villa township projects in Faizabad road. I have also heard generally positive reviews of the same. The prices in the area range between Rs 2000 to Rs 2500 per square feet.
Nice to know that you are planning to buy a villa in Lucknow. You have just broadly mentioned that you are confused. What is the exact dilemma? You are confused between various projects and builders or confused between the choosing the better area. There are a lot of domestic and pan India builders working on villa projects in both Rabindra Palli and Faizabad road. I would suggest you to go with a project of a pan India builder that can ensure clean paper work and quality of products used in the construction. Future Builders and Developers have a good villa project on Faizabad road that has received good response.