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Both Indira Nagar and Faizabad road are good areas to invest in Lucknow. Although considering long term benefits and price performance ratio, I would suggest Faizabad road more than Indira Nagar. Another reason is that prices in Indira Nagar are a little too high for me although that's a premium one pays to live close to the city. Faizabad road may be slightly further but it has its advantages of clean housing societies that are well planned and within the budget for majority of us. If you are seeking to invest only for a short term, still Faizabad road gets my approval.