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    Property Rates & Price Trends in India
      Property Rates in Lucknow

        Property Rates & Price Trends in Lucknow - 2019

        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.
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        Locality NameBuy Rates
        		Price range per sqftAvg price per sqftPrice riseTrendView properties
        2,200 - 4,886 / sqft 3,471.17 / sqft-16.2%See trendView 16 properties
        2,074 - 58,411 / sqft 26,455.31 / sqft-39.7%See trendView 600 properties
        ---See trendView properties
        1,333 - 37,505 / sqft 18,848.52 / sqft21.1%See trendView 239 properties
        1,913 - 9,569 / sqft 5,806.24 / sqft-See trendView 818 properties
        ---See trendView properties
        909 - 5,116 / sqft 4,461.06 / sqft-10.5%See trendView 113 properties
        2,201 - 6,048 / sqft 5,524.03 / sqft5.1%See trendView 34 properties
        1,500 - 3,016 / sqft 2,966.63 / sqft98.9%See trendView 33 properties
        2,367 - 5,484 / sqft 4,872.53 / sqft-14.3%See trendView 118 properties
        2,634 - 5,600 / sqft 4,646.77 / sqft25.4%See trendView 26 properties
        1,143 - 6,235 / sqft 5,638.32 / sqft-29.8%See trendView 125 properties
        2,151 - 3,45,007 / sqft 65,837.53 / sqft3.2%See trendView 676 properties
        2,239 - 7,644 / sqft 6,27.9 / sqft22.9%See trendView 229 properties
        1,712 - 7,083 / sqft 3,859.58 / sqft17%See trendView 21 properties
        2,213 - 6,538 / sqft 4,849.43 / sqft-11.4%See trendView 55 properties
        3,000 - 4,534 / sqft 4,343.62 / sqft31.2%See trendView 12 properties
        2,270 - 9,144 / sqft 5,783.44 / sqft33.2%See trendView 345 properties
        ---See trendView properties
        2,750 - 4,058 / sqft 3,583.05 / sqft16.6%See trendView 7 properties
        2,609 - 2,965 / sqft 2,822.32 / sqft-See trendView 5 properties
        3,190 - 3,839 / sqft 3,619.14 / sqft-See trendView 6 properties
        2,262 - 7,600 / sqft 5,434.46 / sqft33.8%See trendView 33 properties
        1,600 - 32,883 / sqft 20,475.48 / sqft-1.6%See trendView 48 properties
        2,923 - 5,133 / sqft 4,338.37 / sqft22.8%See trendView 20 properties
        3,333 - 13,636 / sqft 7,107.72 / sqft28.6%See trendView 185 properties
        2,494 - 8,055 / sqft 5,745.79 / sqft-See trendView 51 properties
        1,913 - 4,000 / sqft 3,685.62 / sqft-See trendView 13 properties
        2,576 - 4,889 / sqft 3,957.74 / sqft-19.7%See trendView 31 properties
        3,167 - 3,619 / sqft 3,590.02 / sqft42.2%See trendView 8 properties
        2,177 / sqft 2,176.55 / sqft-See trendView 6 properties
        2,239 - 3,530 / sqft 3,97.76 / sqft-See trendView 5 properties
        3,456 - 4,579 / sqft 4,386.81 / sqft-34.7%See trendView 20 properties
        2,750 - 5,031 / sqft 4,529.22 / sqft-22.3%See trendView 35 properties
        3,652 - 9,500 / sqft 7,999.79 / sqft-4.1%See trendView 34 properties
        2,000 - 4,571 / sqft 4,165.37 / sqft-8.2%See trendView 128 properties
        2,925 - 5,379 / sqft 4,768.5 / sqft12.5%See trendView 49 properties
        4,669 / sqft 4,668.84 / sqft-See trendView 1 properties
        3,726 - 4,600 / sqft 4,498.39 / sqft45.4%See trendView 4 properties
        2,794 - 6,650 / sqft 5,598.06 / sqft18%See trendView 15 properties
        3,390 - 10,000 / sqft 8,2.88 / sqft33.3%See trendView 20 properties
        ---See trendView properties
        3,000 - 6,900 / sqft 3,762.89 / sqft-See trendView 53 properties
        ---See trendView properties
        3,973 / sqft 3,972.69 / sqft-See trendView 1 properties
        1,500 - 1,922 / sqft 1,877.62 / sqft-See trendView 7 properties
        3,217 - 5,031 / sqft 4,155.38 / sqft-18.9%See trendView 73 properties
        1,838 - 4,021 / sqft 3,568.64 / sqft-See trendView 3 properties
        1,373 - 5,500 / sqft 5,8.84 / sqft194.4%See trendView 20 properties
        2,350 - 6,786 / sqft 5,77.38 / sqft-See trendView 24 properties
        ---See trendView properties
        ---See trendView properties
        3,680 / sqft 3,680 / sqft-See trendView 2 properties
        3,091 / sqft 3,90.91 / sqft23.6%See trendView 1 properties
        3,000 / sqft 3,000 / sqft-See trendView 1 properties
        ---See trendView properties
        1,786 - 3,455 / sqft 2,620.13 / sqft-46.1%See trendView 2 properties
        1,707 - 5,502 / sqft 4,308.72 / sqft-15.4%See trendView 10 properties
        2,806 - 4,096 / sqft 3,917.1 / sqft-See trendView 36 properties
        2,350 / sqft 2,350 / sqft75.5%See trendView 1 properties
        Disclaimer: makaan.com Price Trend has been created based on the asking prices of the properties listed on the website and are not based on the actual transactions. Makaan.com gives no guarantee of the accuracy, reliability and completeness of any information and data should be verified independently.
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