I was having trouble getting lua support while rolling my own vim 7.4 on ubuntu 14.04.

config for vim 7.4.582 with lua on ubuntu 14.04.sh

#!/usr/bin/env bash

#run with a user with sudoers privilege 

#update before apt-get
sudo apt-get update

#install lua (please note 5.3 was released in 2015)
sudo apt-get install lua5.2 liblua5.2

# Remove old vims
sudo apt-get remove vim vim-runtime gvim
sudo apt-get remove vim-tiny vim-common vim-gui-common

#install all the prerequisite libraries vim
sudo apt-get install libncurses5-dev libgnome2-dev libgnomeui-dev \
    libgtk2.0-dev libatk1.0-dev libbonoboui2-dev \
    libcairo2-dev libx11-dev libxpm-dev libxt-dev python-dev \
    ruby-dev mercurial

#housekepping for lua
sudo mkdir /usr/include/lua5.2/include/
sudo cp /usr/include/lua5.2/* /usr/include/lua5.2/include/
sudo ln -s /usr/lib/x86_64-linux-gnu/liblua5.2.so /usr/local/lib/liblua.so

# download and pass proper parameters

hg clone https://code.google.com/p/vim/
cd vim
./configure --with-features=huge \
        --enable-rubyinterp \
        --enable-pythoninterp=yes \
        --with-python-config-dir=/usr/lib/python2.7/config-x86_64-linux-gnu \
        --enable-multibyte \
        --enable-fontset \
        --disable-netbeans \
        --enable-luainterp=yes \
        --with-lua-prefix=/usr/include/lua5.2 \
        --enable-cscope \
        --enable-largefile \
        --prefix=/usr
make VIMRUNTIMEDIR=/usr/share/vim/vim74

#If you want to be able to easily uninstall the package use checkinstall instead of sudo make install
sudo apt-get install checkinstall
sudo checkinstall

# PLEASE NOTE: you might need to update your .vimrc with the below command for backspace to work 
# "set backspace=indent,eol,start"