Organized Retail-changing Face of Lucknow Real Estate

By: George Gonigal

Lucknow real estate is something that is witnessing splendid growth in the retail commercial properties, for the past couple of years.Gone are the days when hi-end malls and organized retailing was a phenomenon of the big cities only. Today most of the shopping mall projects are targeted towards emerging real estate growth centres. Here,


Organized retailing ushered in Lucknow with Sahara Ganj. Sahara unveiled their mega mall in Lucknow in 2005. Sahara Ganj, that boasts of 425,000 Sq Ft covered area centrally air-conditioned environment, became a huge hit with the masses and retailers of Lucknow.

Apart from this, business hubs like Yayaganj, Aminabad, Kapoorthala, Janpath, Chowk and Hazratganj also boast of at least a dozen shopping malls.


Establishment of these malls in the city revolutionized in a great way. People got fascinated with the quality and luxury, and started looking for properties that could actually match and reflect their lifestyle. Subsequently, the residential properties in Lucknow also gained upgrade in the quality of demand.

Suburban developments in Lucknow

Sub-urban areas are fast becoming centers of real-estate developments in Lucknow. According to sources, Gomti Nagar is coming up as one of the most preferred commercial destinations in the city.


Besides Gomti Nagar exemplifies how a residential real estate settlement can diversify into an IT hub. Notably, the locality was established primarily as a residential property . Today it is widely regarded as the IT and ITES hub of the city.

Gomti Nagar is also the convener of organized retail in Lucknow. The first mall there, called as Eastern Mall, was thrown open some time ago. The mall is spread in about 2.5 lakh sq ft. The people of Lucknow witnessed all the international brands and national leaders with Eastern Mall. Recently another mall, Fun Republic Mall, was inaugurated in Gomti Nagar.

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