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"Eldeco: Ground Reality of Lucknow Based Projects" or "Eldeco's Lucknow Projects: Delayed, Overpriced? A Ground Reality Check," provides an in-depth look at various Eldeco real estate projects in Lucknow.
The host, Ankit Mishra, introduces the video by explaining that many viewers are interested in purchasing properties from the Eldeco Group in Lucknow [00:00]. He highlights Eldeco's long-standing presence (over 30 years) and extensive portfolio of more than 200 projects, emphasizing the channel's commitment to providing honest information for property buying [00:27]. Viewers are encouraged to contact them for personalized advice [00:54].
The video then delves into specific projects:
Eldeco Imperia [01:11]: Located on Bijnor Susandi Road, this project spans 48 acres. Phase 1 has received its Completion Certificate (CC), with registries open and families moving in. Opportunities for resale properties are available. Phase 2 was recently launched, with possession expected in the next quarter of the upcoming year. Current direct market availability is around 2% for plots (1300-1400 sq ft) and villas (1700 sq ft). Resale inventory is limited. The asking price is ₹6,000 per sq ft, negotiable. For plot and villa investments with a long-term (5-year) perspective, investments start from ₹80 lakhs [01:20].
Eldeco Hanging Garden [02:13]: Situated on Raebareli Road, this project was launched 4-6 months prior to the video. Excavation has begun, and possession is anticipated in 2028-2029. Availability can be found in Tower 1, with resale options also emerging. The company currently has 30% of its inventory available in the open market. Direct sales from the developer start with a 1914 sq ft size at approximately ₹1.5 crore [02:30]. This property is highlighted as a feasible option for those belonging to the Raebareli-Kanpur side or preferring locations outside the city center, especially given its proximity to Kisan Path and the airport [02:44]. The total area is 2.31 acres, with three towers planned [03:01].
Eldeco City (IIM Road) [03:11]: This is a large, established township with existing plots and villas. Within this township, three current products are featured:
Eldeco Skywalk [03:24]: Recently launched, this project comprises four towers. Possession is expected around 2029. Prices start from ₹1.10 crore for a 3BHK plus servant unit (1870 sq ft). Around 70% of the inventory is still available, with smaller units having sold out earlier. The total area is 2.5 acres [03:43].
Eldeco Latitude [03:55]: For those seeking earlier possession, Latitude offers options within 3.53 acres, featuring five towers. Sizes start from 1788 sq ft, with prices beginning at ₹1.15-₹1.20 crore, making it a perfect fit for 4BHK seekers. This project is ideal for individuals preferring areas like Aliganj, Aashiana, Jankipuram, Sitapur, or Lakhimpur, benefiting from the new green corridors and flyovers that enhance connectivity to the internal city [04:14]. Possession is expected by mid-2027, and approximately 40% of the inventory remains [04:33].
Eldeco Twin Tower [05:00]: This project is ready to move in, spanning 1.61 acres with two towers. It is mostly sold out, with only some resale inventory available. Flats are sized between 1755-1800 sq ft, with smaller 2-bedroom units (1400-1300 sq ft) also being available only in resale [05:09].
Eldeco Trinity [05:23]: Located in the "center of the city," this luxury apartment project is described as an "state of art" development offering mesmerizing views of 100 acres of greenery. It features concierge services, Italian marble, and fully furnished apartments with impressive ceiling heights. Covering 3.11 acres, it consists of three towers with options for 3BHK and 4BHK apartments. The penthouses are almost sold out. Possession is expected by mid-2029. Currently, about 30% of the inventory is available, with 3BHK units starting from 2500 sq ft [05:44].
The video concludes by inviting viewers to suggest other developer groups for future coverage in the comments [06:06].
TIMESTAMP:
01:10 - Eldeco Imperia
02:15 - Hanging Garden
03:05 - Eldeco Skywalk
03:49 - Eldeco Latitude
04:54 - Eldeco Twin Tower
05:18 - Eldeco Trinity
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