Property Rates & Price Trends in Lucknow - 2020
The Nawabi city of Uttar Pradesh, that is Lucknow has of late attracted many. The city’s proximity to strategic locations and investors’ interest in terms of infrastucture is also worth mentioning. Lucknow real estate market has in the recent past received interest from NRIs and those working outside Lucknow as well. Lucknow’s property market gives home buyers the option of affordable, mid-segment and luxury homes. If you are looking at an investment in the city, experts are of the view that strategic locations could fetch you a sizeable return on investment or ROI thanks to the city’s growth as a medical tourism hub. Besides, Lucknow already has the wealth of culture and business prospects.
As per data with Makaan.com, price growth in the city has been stable. The rental yield is 3.98 per cent. Both from an end-users or an investor’s perspective the city works out for a good buy because while prices are slowly going up, rental returns are high. At present, there are close to 1,300 ready-to-move properties in Lucknow while 154 are under-construction. Some new launches are also expected soon.
Top localities in Lucknow include Hazratganj, Butler Colony, Charbagh and Hasanganj based on the liveabilty score in these areas which is 9.2 and above on a scale of 10. Average prices in Hazratganj is Rs 5,909 per sq ft while average rate of a property stands at Rs 4,873 per sq ft in Butler Colony. In Charbagh, average prices are as high as Rs 10,900 per sq ft while Hasanganj is comparatively affordable with average prices at Rs 3,550 per sq ft. The high liveability score is indicative of a quality lifestyle that residents recommend.
Are you looking to buy apartments in Lucknow? Maximum apartment units are in the Rs 43-53 lakh budget range followed by the Rs 53-62 lakh budget range. The next popular budget with maximum properties is the Rs 34-43 lakh range.
If you are looking at independent homes or villa projects for sale in Lucknow, maximum properties are in the Rs 52-62 lakh budget range closely followed by those in the Rs 43-52 lakh range. Overall, there are over 2,800 projects in this category. Looking at affordable independent homes? Turn to Kursi Road, Jankipuram Extension, Sitapur Road, Gomti Nagar Extension, Faizabad Road. If you are interested in luxury villas or independent homes, turn to Mahanagar, Nirala Nagar, Vishal Khand 4, Gomti Nagar, Lucknow-Kanpur Highway, Butler Colony etc.
Here are the top localities:- If you are looking at a property near Alambagh region, Sultanpur, properties near NH-24B, Amar Shaheed Path are the most popular regions. The same areas are popular on a tenant’s preference meter as well.
- In Lucknow East Gomti Nagar, Gosaiganj, Bakkas have maximum properties.
- In Lucknow South, Vrindavan Yojna, Suchant Golf City and Amausi have maximum properties listed for sale.
- Going for Lucknow Central, Hazratganj, Nishant Ganj and Butler Colony are popular choices.
- Locality
- Project
- Apartment
- Builder Floor
- Villa
- Plot
Locality Name | Buy Rates | ||||
---|---|---|---|---|---|
Price range per sqft | Avg price per sqft | Price rise | Trend | View properties | |
Sultanpur Road | 2,500 - 4,000 / sqft | 3,867.13 / sqft | -10.5% | See trend | View 20 properties |
Faizabad Road | 1,514 - 9,667 / sqft | 5,777 / sqft | 21.1% | See trend | View 144 properties |
Gomti Nagar | 2,323 - 58,411 / sqft | 43,349.96 / sqft | -39.7% | See trend | View 358 properties |
Gomti Nagar Extension | 504 - 40,433 / sqft | 22,752.74 / sqft | - | See trend | View 405 properties |
Kursi Road | 2,165 - 30,160 / sqft | 25,112.31 / sqft | 5.1% | See trend | View 170 properties |
Vrindavan Yojna | 2,660 - 6,813 / sqft | 5,759.42 / sqft | 3.2% | See trend | View 627 properties |
Sushant Golf City | 2,465 - 6,521 / sqft | 5,234.01 / sqft | 33.2% | See trend | View 322 properties |
Rai Bareilly road | 3,000 - 4,702 / sqft | 3,599.77 / sqft | 16.6% | See trend | View 3 properties |
SGPGI Raibareli Road | 2,927 - 3,559 / sqft | 3,456.03 / sqft | - | See trend | View 6 properties |
Mohanlalganj | 2,650 - 16,635 / sqft | 9,261.45 / sqft | -16.2% | See trend | View 15 properties |
Kanpur Lucknow Road | 3,429 - 8,375 / sqft | 5,901.79 / sqft | -11.4% | See trend | View 2 properties |
Sultanpur Lucknow Road | 2,843 / sqft | 2,842.57 / sqft | - | See trend | View 1 properties |
Faizabad Lucknow Road | 1,660 - 3,800 / sqft | 3,648.3 / sqft | - | See trend | View 40 properties |
Lucknow Kanpur Highway | - | - | -19.7% | See trend | View properties |
Purvanchal Expressway Under Construction | - | - | - | See trend | View properties |
Gosainganj | - | - | - | See trend | View properties |
Jankipuram | 2,970 - 5,576 / sqft | 4,626.17 / sqft | -29.8% | See trend | View 143 properties |
amar shaheed path lucknow | 3,280 - 4,866 / sqft | 4,359.95 / sqft | -14.3% | See trend | View 23 properties |
Aliganj | 3,448 - 48,211 / sqft | 11,823.14 / sqft | 28.6% | See trend | View 218 properties |
Omaxe City | 3,103 - 3,360 / sqft | 3,274.48 / sqft | 18% | See trend | View 3 properties |
Indira Nagar | 2,857 - 5,769 / sqft | 4,855.43 / sqft | 33.8% | See trend | View 21 properties |
New Jail Road | - | - | - | See trend | View properties |
sultanpur road near shaheed pa | 3,000 - 4,972 / sqft | 3,618.09 / sqft | 31.2% | See trend | View 4 properties |
Hazratganj | 4,000 - 13,953 / sqft | 7,173.59 / sqft | 33.3% | See trend | View 147 properties |
Safedabad | 1,573 - 4,645 / sqft | 3,268.37 / sqft | - | See trend | View 14 properties |
Uattardhona | 2,467 - 34,000 / sqft | 16,561.74 / sqft | -8.2% | See trend | View 195 properties |
Deva Road | 2,499 - 3,030 / sqft | 3,030 / sqft | 98.9% | See trend | View 8 properties |
Madiyava | 3,405 - 34,458 / sqft | 27,580.71 / sqft | - | See trend | View 98 properties |
Jankipuram Extension | 2,667 - 5,147 / sqft | 3,843.88 / sqft | -34.7% | See trend | View 5 properties |
IIM Road | 3,426 - 5,679 / sqft | 5,025 / sqft | 22.8% | See trend | View 20 properties |
Lucknow Faizabad Road | 1,333 - 6,090 / sqft | 2,961.71 / sqft | -1.6% | See trend | View 7 properties |
sushant golf city sultanpur road | 3,100 - 4,731 / sqft | 3,851.47 / sqft | - | See trend | View 25 properties |
ahmamau | - | - | - | See trend | View properties |
Juggaur | - | - | - | See trend | View properties |
Gauri Bazar Lucknow | - | - | - | See trend | View properties |
Mubarakpur | 3,217 - 5,471 / sqft | 5,137.35 / sqft | -18.9% | See trend | View 24 properties |
gossaiganj sultanpur road | - | - | - | See trend | View properties |
Kalli Pashchim | 2,453 - 3,019 / sqft | 2,735.85 / sqft | - | See trend | View 2 properties |
Arjunganj | 4,167 - 5,000 / sqft | 4,444.44 / sqft | -5.2% | See trend | View 3 properties |
Faizabad Deva Bypass Road | 3,455 / sqft | 3,454.55 / sqft | -46.1% | See trend | View 1 properties |
Malhaur Railway Station Road | 3,182 / sqft | 3,181.82 / sqft | - | See trend | View 1 properties |
Raebareli Road | 2,752 - 3,171 / sqft | 3,102.44 / sqft | 17% | See trend | View 10 properties |
Amity University Road | 4,416 / sqft | 4,416 / sqft | - | See trend | View 1 properties |
Gomti Nagar Vistar | 3,393 - 3,519 / sqft | 3,518.52 / sqft | 42.2% | See trend | View 4 properties |
Sitapur Road | 3,056 - 4,895 / sqft | 4,520.12 / sqft | 22.9% | See trend | View 18 properties |
Lucknow Sultanpur Road | - | - | - | See trend | View properties |
South City | 2,885 - 3,749 / sqft | 3,415.03 / sqft | 29.5% | See trend | View 14 properties |
Shaheed Path | 3,600 - 4,889 / sqft | 4,743.65 / sqft | 12.5% | See trend | View 31 properties |
Mohibullapur | 5,069 - 59,492 / sqft | 41,211.58 / sqft | -46% | See trend | View 129 properties |
Faizabad Satrikh Road | 1,918 - 3,167 / sqft | 2,604.55 / sqft | 57% | See trend | View 8 properties |
jankipuram vistar | 1,500 - 4,055 / sqft | 3,903.39 / sqft | 1.4% | See trend | View 10 properties |
IIM Road Lucknow | 3,343 - 4,586 / sqft | 4,410.26 / sqft | - | See trend | View 6 properties |
Hardoi Road | 2,533 - 3,457 / sqft | 3,96.71 / sqft | -15.4% | See trend | View 3 properties |
Bijnaur Road | - | - | - | See trend | View properties |
Sarojini Nagar | 2,593 - 4,457 / sqft | 3,983.68 / sqft | - | See trend | View 14 properties |
Chinhat Satrik Road | - | - | - | See trend | View properties |
Sitapur National Highway 24 | 5,050 / sqft | 5,49.5 / sqft | - | See trend | View 1 properties |
Itaunja | - | - | - | See trend | View properties |
Matiyari | 3,000 - 3,488 / sqft | 3,419.04 / sqft | 46.5% | See trend | View 7 properties |
Ashiyana Colony | 4,358 / sqft | 4,357.98 / sqft | - | See trend | View 1 properties |