JMD Residency Phase I

By: Jai Mega Developer Private Limited in Raebareli Road

JMD Residency Phase I: Premium Residential Plots in Raebareli Road, Lucknow.

Experience luxury living with JMD Residency Phase I, offering exclusive residential Plots in the rapidly growing hub of. Raebareli Road , Lucknow . Designed by the renowned Jai Mega Developer Pvt. Ltd.,.

Located in the heart of Raebareli Road, this project is perfectly situated near prestigious schools, top hospitals, supermarkets, and more. JMD Residency Phase I is not just a home; it’s a lifestyle that offers both luxury and convenience.

Project Highlights .

Location: Raebareli Road, Lucknow, India.

Unit Sizes: Plots starting from 1000 sq ft.

Legal Approvals: LDA.

Bank Approvals: All Leading Banks.

Invest in your future with JMD Residency Phase I and enjoy a hassle-free, luxurious lifestyle in Lucknow.

Raebareli Road, situated in the southeastern part of Lucknow, is the most promising stretch of this city. A 6-lane highway, it connects Lucknow with Raebareli and Allahabad. It is close to Hazratganj, Kisaan Path, and Amar Shaheed Path. Some leading government projects near this locality include ISBT Antarrajiya Bus Adda, Mandi Parishad Office, and Police Line.

Prominent landmarks like SGPGI hospital, Amausi Airport, and Charbagh Railway Station are located in the vicinity. The area also hosts a well-designed gated community, wide roads, lush greenery, and aesthetic landscaping. Educational institutions such as Sardar Patel Dental College and SKD Academy lie close by.

Several developers are vying for land in this area. Four five-star hotels, a metro station and an AIIMS Hospital are set to be coming up soon. Commercially, important industries such as ITI Limited, Rail Coach Factory, and NTPC Limited are already situated here, with growth prospects looking bright.

Key Projects in Raebareli Road : 

Connectivity and transit points

National Highways such as NH-24B, NH-231, NH-232 and NH-330A connect Raebareli to Allahabad, Jaunpur district, Banda, and Faizabad respectively. In addition, Raebareli Road is well connected to the rest of the city by public transport, especially by bus.

The Raebareli bus station lies only at a distance of 4 km from here, while Charbagh Railway Station is 9 km away. Chaudhary Charan Singh Airport and Amausi Airport lie close by too.

Major landmarks

• Behta Bridge
• Indira Gandhi Memorial Botanical Garden
• Samaspur Bird Sanctuary
• Bara Imambara
• Hazratganj
• Chandrika Devi Temple
• Lucknow Zoo

Factors for growth in the past

A few years ago, Raebareli Road was known only for connecting Lucknow to other nearby cities. But now, it’s grown into a prominent industrial region providing affordable housing.From very early on, schools, hospitals, malls, and restaurants were built here, paving the way for further development.

Residential and Commercial Market

Residential market trends

Layouts and plots take up a considerable amount of residential space in Raebareli Road, followed by apartments. The average price of property in Raebareli Road is Rs 3,400 per sq. ft. Multi-storey apartments cost about Rs 2,500-3,500 per sq. ft. on an average, whereas residential plots are approximately priced at Rs 10,000-13,000 per sq. yard. The average cost of houses come up to Rs 3,000-4,000 per sq. ft.

Commercial market trends

Currently, the average property price for offices in Raebareli Road is around Rs 4,010 per sq. ft. Average property rate for commercial plots is Rs 1,100 per sq. ft., and for commercial shops, it is about Rs 6,000 per sq. ft.

Major challenges

The declining quality of water is a cause of concern for the area’s residents. Sanitation issues need to be addressed at the earliest as well. Environmental pollution, traffic congestion, and garbage disposal issues further add to the rising problems in the area.

Over the years, a significant increase in the number of accidents and crimes here indicates that there is a need to provide better security to the residents.

Factors for growth in the future

Residential projects such as HDPL Horizon Anant, Earth Marvel, August Avenue, Omega Urban Greens, and Eldeco Saubhagyam are set to come up in this locality very soon. Apart from this, construction of a metro station and other prominent projects such as the AIIMS hospital is bound to increase the demand for housing in the locality, causing further development. The remarkable improvement on the residential and commercial front will definitely make Raebareli Road a place to watch out for in the years to come.