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Sector 5, Lucknow 226010
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The pricing controversy is real but I think people focus on the per sqft number without comparing the actual apartments. Godrej's 3 BHK at 1600 sqft is not the same as a local builder's 3 BHK at 1600 sqft. The ceiling height, the window sizes, the bathroom area — Godrej's overall package is meaningfully better. Compare apples to apples before calling it overpriced.
I specifically asked the Godrej sales team about their resale data from other tier-2 city entries — Nagpur, Chandigarh, Jaipur. They shared some numbers voluntarily (which itself is unusual). Appreciation in those cities has been 10-14% annually post-possession which is strong. Lucknow should follow a similar trajectory given the economic growth here.
One thing I will say — Godrej's loan facilitation is seamless. My colleague booked in Woods and got the home loan processed in 12 days through Godrej's banking partners. For first-time buyers who find the loan process intimidating, this is a real benefit that comes with national developer booking.
@Piyush Awasthi bhai, the Sector 5 address itself is premium Lucknow. Not everyone agrees on Godrej pricing but no one disputes that the location is among the best in the city. Even if you feel the pricing is stretched, you are getting an undeniably great address.