Eldeco Regalia — Villas and Plots on IIM Road, Lucknow
2, 3 & 4 BHK, Plots · Starting ₹32.69 Lakhs onwards
Eldeco Regalia is a villa and plotted township spread across 33.54 acres on IIM Road in Mutkkipur, Lucknow, developed by Eldeco Group. The project takes its design cues from colonial-era architecture, expressed through wide setbacks, low-rise villa forms, and a layout built around open green space rather than vertical density.
Living here is organized around the rhythms of an independent home: a private plot or villa, a shared clubhouse and banquet hall for community occasions, and parks that run through the township rather than sit at its edges. The 152-unit scale keeps the community intimate, distinct from the high-rise apartment format that dominates much of Lucknow's newer development.
Construction follows Seismic Zone 2 compliant detailing with solid block masonry, vitrified tiles across living and bedroom spaces, granite kitchen counters, and modular kitchen provisioning. Security is built into the plan itself, with a manned entrance, CCTV coverage, and panic-button connectivity to the ground-floor security desk.
IIM Road has matured considerably since Eldeco Regalia was first conceived, with schools, hospitals, and retail now established along the corridor, and metro connectivity extending closer with each phase of the city's East-West Corridor. For buyers seeking a plotted or villa address inside Lucknow rather than on its outer fringe, this combination of scale, location, and format is not commonly replicated at this price point.
Eldeco Regalia is currently under construction, with villas and plots available across a range of configurations for those planning a long-term home on IIM Road.
Starting from Rs. 32.69 Lakhs onwards
| Configuration | Size | Starting Price |
|---|---|---|
| Residential Plot Freehold plots within the gated township, ready for independent construction | 1211–1744 sq.ft. | Rs. 32.69 Lakhs |
| 2 BHK Villa (Simplex) Compact simplex villa with private frontage and modular kitchen | 1211 sq.ft. | Rs. 42.67 Lakhs |
| 3 BHK Villa (Simplex) Simplex villa with additional bedroom for growing families | 1378 sq.ft. | Rs. 48.73 Lakhs |
| 4 BHK Villa (Duplex) Duplex villa with pooja room and expanded living areas | 2146 sq.ft. | Rs. 1.31 Cr |
Detailed master plan and unit-wise floor plans available on request.
IIM Road, Madiyava, Lucknow - 226020 · Mutkkipur · Lucknow
Eldeco Regalia sits on IIM Road in the Mutkkipur-Madiyava stretch of northwest Lucknow, a corridor that has grown around its namesake institution, the Indian Institute of Management, Lucknow, located in nearby Prabandh Nagar. The belt connects into Sitapur Road and onward to NH-24, giving the area a direct link to the older city core as well as to the newer residential clusters spreading along Kursi Road and Jankipuram Extension. Educational and healthcare institutions have followed the residential growth here, with Maharishi University of Information Technology and several hospitals now established along the same stretch.
For a villa and plotted township, this address offers something increasingly scarce inside city limits: low-density land parcels within reach of established social infrastructure. Mohibullapur railway station and the IT College and Lucknow University metro stations keep the area tied into the city's transit network, while Chaudhary Charan Singh International Airport remains accessible via NH-731. The ongoing planning for an extension of the Lucknow Metro's East-West Corridor toward IIM on Sitapur Road points to further tightening of this connectivity over the coming years.
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Plans for extending the Lucknow Metro's East-West Corridor toward IIM on Sitapur Road would bring rail transit within closer reach of the IIM Road belt, easing daily commutes for residents.
As part of National Highway 24, Sitapur Road links this stretch of Lucknow to the wider state highway network, supporting faster movement toward the city core and beyond.
The Outer Ring Road intersects with Sitapur Road, allowing residents to bypass the congested city center when travelling across Lucknow or toward other national highways.
Chaudhary Charan Singh International Airport is reachable via NH-731, keeping this northwest Lucknow address connected to domestic and international air travel.
Continuing road-widening and overbridge construction along the IIM Road and Sitapur Road corridor is aimed at easing traffic flow as residential density in the belt increases.
Eldeco Regalia offers independent villas and freehold plots rather than high-rise apartments, a format that is increasingly rare within Lucknow's city limits and appeals to buyers seeking low-density, ground-level living.
The project sits close to the Indian Institute of Management, Lucknow campus, on a corridor that has seen consistent institutional and infrastructural growth over the past decade.
Spread across 33.54 acres, the township allows for landscaped parks, wide internal roads, and a clubhouse precinct that a smaller plotted development could not accommodate.
Eldeco Housing and Industries Ltd, incorporated in 1985, has operated as a market leader in Lucknow for over three decades, giving the group direct familiarity with the city's land and regulatory landscape.
Eldeco Regalia is registered with UP RERA under UPRERAPRJ3850, giving buyers a documented regulatory reference point for the project.
Home loans for Eldeco Regalia have been approved by multiple lenders including HDFC, ICICI Bank and State Bank of India, simplifying financing for prospective buyers.
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