Shalimar Elldee Plaza

About Shalimar Elldee Plaza

Shalimar Elldee Plaza is a commercial building with retail shops in Indira Nagar, Lucknow, priced at ₹82.33 L – ₹1.19 Cr. It was completed before RERA came in and is ready to move. Shalimar Elldee Plaza is a retail building in Bhootnath Market, Sector 5, Indira Nagar - one of the busiest neighbourhood shopping streets in east Lucknow, just off the Faizabad Road. Bhootnath draws steady footfall from Indira Nagar, one of the city's largest residential areas, and has its own metro station. The building was ahead of its time for a neighbourhood market: it is centrally air-conditioned, has escalators and a double basement for parking. It was delivered before RERA, so there is no project registration. Shops are listed at about ₹82.33 lakh to ₹1.19 crore. As with any retail purchase, the number that matters is not the price but the rent a shop can command, so ask for the current tenant and rent on any unit offered, check the floor (ground-floor frontage carries a large premium), and confirm the common-area maintenance charge. Who it suits: shop owners who want to own their premises in an established market, and investors looking for neighbourhood retail with dependable footfall. Realty Doctors Score: 4.0/5 - our own assessment based on RERA status, builder track record, delivery status, amenities and connectivity (not a customer review).

Project Area

Not published

Project Size

Retail shops and commercial space

Status

Ready to Move