Shaheed Path and Sultanpur Road, Lucknow: Property Prices and Risks (2026)
Property on Shaheed Path and Sultanpur Road, Lucknow costs from ₹92.13 lakh in 2026, with possession from March 2029 to January 2032. Every project, its price and the delay risk.
By Gagan Tondon, Gagan Tondon Real Estate, Lucknow
Property on Shaheed Path and Sultanpur Road, Lucknow costs from ₹92.13 lakh for a 3 BHK at Imperial Estates by Sapphire to ₹1.78 crore for the largest 3 BHK at Eldeco Hanging Gardens, among the projects we list along these two roads in 2026. Both are under construction, and their listed possession dates, March 2029 and January 2032, are the main risk to weigh. For ready homes or an earlier date in the same belt, Sushant Golf City sits between the two roads.
This guide lists every project in this belt on our site, compares them on carpet area, explains what a 2029 to 2032 possession date means in practice and what the RERA Act does if it slips. Prices are developers' quoted base prices, excluding stamp duty and registration. Distances are the developers' own figures from their listings.
Shaheed Path and Sultanpur Road projects at a glance (2026)
1,193 to 2,050 sq ft built-up; plots 1,300 to 1,570 sq ft
₹95 lakh to ₹2.10 crore
New launch, July 2030
The two Sushant Golf City projects are covered in depth in our Sushant Golf City guide, so this guide concentrates on the projects along the roads themselves.
Eldeco Hanging Gardens, off Shaheed Path
Eldeco Hanging Gardens is a mid-rise project designed around vertical gardens: three 10-storey towers on 2.31 acres with 136 homes and about 80% of the land open. Every 3 BHK has its own sky garden, and homes come with 1.5-ton split air conditioners in the living room and bedrooms. It was registered with UP RERA in April 2025 under UPRERAPRJ330066/04/2025.
2 BHK: 852 sq ft carpet, ₹1.13 crore, about ₹13,300 per sq ft.
3 BHK: 1,055 to 1,303 sq ft carpet, ₹1.39 crore to ₹1.78 crore, about ₹13,200 to ₹13,620 per sq ft.
The developer lists BBA University at 2.2 km, SGPGI at 5 km, the Raebareli-Lucknow highway at 7 km, Lulu Mall at 7.4 km and the airport at 12.4 km. Listed possession is January 2032, the latest of any project in this guide.
Every 3 BHK at Eldeco Hanging Gardens has its own sky garden. Image: Eldeco Hanging Gardens, courtesy of the developer.
Imperial Estates by Sapphire, Sultanpur Road
Imperial Estates by Sapphire is a small, low-density project at Kabir Pur on Sultanpur Road: two 12-storey towers with only 94 homes on 1.4 acres and 60% open area. Prices are on carpet area:
3 BHK: 1,038 to 1,406 sq ft, ₹92.13 lakh to ₹1.24 crore, about ₹8,800 to ₹8,880 per sq ft.
4 BHK: 1,863 sq ft, ₹1.73 crore, about ₹9,300 per sq ft.
It has two RERA registrations: phase 1 under UPRERAPRJ263165/10/2024 with completion listed for March 2029, and phase 2 under UPRERAPRJ432597/12/2025 with completion listed for May 2029. Check which phase your flat is in, because the dates differ.
Location is the trade-off for the low price. The developer's own figures put Sultanpur Road itself at 5.3 km, Phoenix Palassio at 22.8 km, Lucknow Junction at 31.9 km and the airport at 33.7 km. This is a project for buyers who want space and quiet over quick access to the city, and you should drive the route before you book.
Dynasty by ORO, Arjunganj
Dynasty by ORO in Arjunganj, on Sultanpur Road, is under construction with 2 BHKs of 1,320 to 1,380 sq ft and 3 BHKs of 1,715 sq ft, both super built-up. Prices are on request and our listing has no possession date yet. It is registered under UPRERAPRJ150017, and the developer describes it as two minutes from Shaheed Path, with 80% open space and more than 34 amenities. Ask for the carpet area, the price sheet and the RERA completion date before comparing it with the others.
Price per sq ft along Shaheed Path and Sultanpur Road
Project
Area basis
Approx. rate per sq ft
Possession
Imperial Estates by Sapphire
Carpet
₹8,800 to ₹9,300
March to May 2029
Eldeco Hanging Gardens
Carpet
₹13,200 to ₹13,620
January 2032
ORO Constella
Super built-up
₹9,190 to ₹10,640
February 2028
Rishita Serenity
Super built-up
₹9,110 to ₹9,150
Ready
Rates are rounded and assume the smallest unit carries the lowest price. Compare the two carpet-area projects with each other and the two super built-up projects with each other, never across the bases. Our guide to carpet area vs super built-up area explains why.
Possession in 2029 to 2032: the main risk here
Of the projects on the two roads with dates on our listings, Imperial Estates is under two and a half years from its listed date and Eldeco Hanging Gardens more than five years. Over that time your money is committed and the developer carries the construction. The RERA Act gives you four protections worth knowing:
Interest or a refund for delay. Under section 18, if the developer cannot give possession by the date in the agreement for sale, you can withdraw and get back what you paid with interest, or stay and be paid interest for every month of delay until handover.
A limited extension. Under section 6, the authority can extend a project's registration for force majeure or reasonable circumstances, but by no more than one year in aggregate.
Ring-fenced money. Under section 4, 70% of the amounts collected from buyers must go into a separate bank account and be used only for the project's land and construction cost, withdrawn in proportion to progress.
A cap on advances. Under section 13, a developer cannot take more than 10% of the cost before a registered agreement for sale.
These protections help, but they do not build the flat. If you are renting today, add the rent you will pay until the listed date, and some margin beyond it, to the real cost of an under-construction home. If you cannot afford a delay, look at the ready flats in Sushant Golf City or our guide to ready to move flats in Lucknow.
Tip: Ask for the completion date registered on the UP RERA portal as well as the brochure date. If they differ, the agreement for sale and the portal record are what count.
Roads and infrastructure in this belt
Purvanchal Expressway. The six-lane, 340.824 km expressway starts at Chand Sarai on Lucknow-Sultanpur Road (NH-731) and was inaugurated on 16 November 2021 (UPEIDA).
Shaheed Path elevated corridor. In July 2026 the Centre approved the preparation of a detailed project report for a 23 km elevated corridor along Shaheed Path from the airport to the Outer Ring Road (Free Press Journal). A report is the first step, not a construction start, so treat it as a possible benefit, not something to pay for today.
Construction on Raebareli Road, Lucknow. Photo: पांडेय सुधीर, CC BY-SA 4.0, via Wikimedia Commons.
Who property on Shaheed Path and Sultanpur Road suits
Families wanting a 3 BHK under ₹1.25 crore who can wait until 2029: Imperial Estates.
Buyers who want a sky garden and a split-AC specification and are relaxed about a 2032 date: Eldeco Hanging Gardens.
Frequent flyers and SGPGI staff: Hanging Gardens is 5 km from SGPGI and 12.4 km from the airport by the developer's figures.
Buyers who want a house rather than a flat: Eldeco Solano Gardens' villas and plots on New Jail Road.
The full cost
Stamp duty in Uttar Pradesh is 7% for men, and 6% for women when the value is up to ₹1 crore, plus 1% registration (IGRS UP calculator). On the ₹92.13 lakh Imperial Estates 3 BHK, that is ₹7.37 lakh for a man or ₹6.45 lakh for a woman. On the ₹1.13 crore Hanging Gardens 2 BHK, above the ₹1 crore threshold, it is ₹9.07 lakh for any buyer.
Under RBI rules, a loan of ₹30 lakh to ₹75 lakh can be at most 80% of the property cost, so on the ₹92.13 lakh flat you need at least about ₹18.43 lakh of your own plus the duties. The property cost estimator runs these numbers for any unit.
What to check before you book
The RERA number and phase on the UP RERA portal, with the registered completion date.
The carpet area in the agreement, especially for Dynasty by ORO, which quotes super built-up area.
The payment plan. Prefer instalments tied to construction stages over time-based ones.
The collection account. Pay only into the account shown for the project on the portal.
The route. Drive from the site to your workplace at peak hour.
How we can help you buy on Shaheed Path or Sultanpur Road
We have worked in Lucknow real estate since 2003 and can show you Hanging Gardens, Imperial Estates and the Sushant Golf City projects in one trip. We get the carpet areas, price sheets and RERA completion dates in writing, and help you weigh a lower price against a later possession date.
What is the price of flats on Sultanpur Road, Lucknow?
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At Imperial Estates by Sapphire on Sultanpur Road, 3 BHKs of 1,038 to 1,406 sq ft carpet area cost ₹92.13 lakh to ₹1.24 crore and a 1,863 sq ft 4 BHK costs ₹1.73 crore. Dynasty by ORO in Arjunganj lists 2 and 3 BHKs with the price on request. Stamp duty and registration are extra.
What is the price of Eldeco Hanging Gardens on Shaheed Path?
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The 2 BHK of 852 sq ft carpet area is ₹1.13 crore, and 3 BHKs of 1,055 to 1,303 sq ft carpet area are ₹1.39 crore to ₹1.78 crore. Listed possession is January 2032.
Is it risky to buy a flat with possession in 2032?
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It carries more risk than a ready flat, because your money is committed for years and construction can slip. The RERA Act lets you claim interest for each month of delay or withdraw with a refund and interest, but you should still budget for rent until possession and some margin beyond it.
What happens if the builder delays possession in Lucknow?
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Under section 18 of the RERA Act, if the developer cannot give possession by the date in the agreement for sale, you can withdraw and get your money back with interest, or stay in the project and be paid interest for every month of delay until handover.
Is the Shaheed Path elevated corridor approved?
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In July 2026 the Centre approved the preparation of a detailed project report for a 23 km elevated corridor on Shaheed Path, from the airport to the Outer Ring Road, as reported by the Free Press Journal. That is a planning step, not a construction start.
Which projects are ready to move near Shaheed Path?
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None of the projects on the two roads themselves is ready. Nearby, in Sushant Golf City between Shaheed Path and Sultanpur Road, Rishita Serenity has been ready since December 2025 and Rishita Mulberry Heights is also ready.