Property Rates in Allahabad - Avg ₹4,950/sq ft

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Property Rates in Allahabad

Property rates in Allahabad average ₹4,950 per sq ft. This figure reflects the current market baseline following significant quarterly fluctuations. The city offers diverse residential options, with ready-to-move projects commanding an average of ₹6,200 per sq ft. Meanwhile, premium developments such as Citizen Neo Heights in Civil Lines set the upper benchmark at ₹9,700 per sq ft, indicating a varied landscape for both immediate occupiers and long-term investors seeking established locations.

Insights

Insights for Allahabad Real Estate Market Overview

The Allahabad real estate market shows a dynamic range of pricing and supply across its primary residential segments. Recent trends indicate a transition in valuation, moving from higher peaks in late 2025 to a more stabilized average of ₹4,950 per sq ft by early 2026. While ready-to-move properties provide stable options for buyers, under-construction projects continue to attract interest with competitive pricing. The market remains segmented, with high-end projects in Civil Lines and Lukarganj maintaining strong valuation premiums.

Ready-to-move projects are currently priced at an average of ₹6,200 per sq ft, offering immediate possession benefits.
Under-construction properties, such as those in Sulem Sarai, are available at approximately ₹6,250 per sq ft.
Well-occupied properties show a positive price movement of 1.01%, indicating steady demand in established residential pockets.
Citizen Neo Heights leads the premium segment with an asking rate of ₹9,700 per sq ft.
Shervani Legacy has demonstrated significant growth, with prices rising by 25.14% to reach ₹8,350 per sq ft.

Market Strengths

Established premium projects like Citizen Neo Heights maintain a high valuation benchmark of ₹9,700 per sq ft.
Well-occupied housing stock displays positive price growth of 1.01%.
Naini locality offers diverse options starting from ₹5,200 per sq ft at Narayan Heights.
Shervani Legacy demonstrates strong capital appreciation potential with a 25.14% growth rate.
Ready-to-move inventory provides a consistent supply of 4 units at an average of ₹6,200 per sq ft.

Market Challenges

Apartment segment pricing has seen a significant downward adjustment of -37.17%.
Under-construction projects have experienced a price decrease of -2.95%, reflecting shifting market valuations.
Villa segment pricing shows a slight softening, with a change of -0.53% to ₹6,800 per sq ft.

Investment Opportunities

Well-occupied properties currently offer a stable entry point at ₹5,100 per sq ft with a 1.01% price appreciation.
Shervani Legacy in Sulem Sarai shows strong momentum with a 25.14% price growth, currently valued at ₹8,350 per sq ft.
Paras Kunj in Naini provides a growth opportunity, having recorded a 7.95% increase to reach ₹6,250 per sq ft.
Ready-to-move projects provide immediate value for investors, averaging ₹6,200 per sq ft across the city.

Top Micromarkets in Allahabad

Allahabad South

Avg Price ₹ 4,950 /Sq.Ft.

YOY -5.81 %

LISTINGS 24

Price Trend

Allahabad Property Price Trends and Appreciation

Property rates in Allahabad have navigated a notable shift, moving from a peak of ₹7,900 per sq ft in December 2025 to ₹6,050 per sq ft in September 2025. By March 2026, the city rate has adjusted to ₹4,950 per sq ft. This trajectory highlights the evolving valuation landscape within the city's residential sector.

Asking Price Trends

₹ 4,950/Sq.Ft -37.17 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	4950
Dec 2025	7900
Sep 2025	6050

About Asking Price Trends

Allahabad Property Price Comparison

By Property Type
By Property Status

Type	Rate (₹/Sq.Ft)	Change %
Villa	6,800	-0.5
Apartment	4,950	-37.2

Allahabad's real estate market caters to specific buyer preferences across property categories. Villas are currently priced at an average of ₹6,800 per sq ft, reflecting a slight adjustment of -0.53%. Meanwhile, apartments are available at ₹4,950 per sq ft, which represents a change of -37.17% in the current market cycle.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	5	5,980	-0.2
Under Construction	1	6,250	-2.9
New Launch	-	-	-

The Allahabad market offers properties across various development stages, helping buyers balance possession timelines with budget requirements. Ready-to-move inventory averages ₹6,200 per sq ft, showing a minor change of -0.45%. Under-construction projects are currently priced at ₹6,250 per sq ft with a -2.95% adjustment, while well-occupied units maintain a rate of ₹5,100 per sq ft with a 1.01% increase.

Project & Developer Insights

Top Residential Projects and Developers in Allahabad

Rudra Real Estate Ltd ₹ 36.9 L - ₹ 1.25 Cr

3 Projects

Omaxe ₹ 42 L - ₹ 78.3 L

4 Projects
32 Years

Saidham Group Prayagraj ₹ 38.32 L - ₹ 77.76 L

7 Projects

Goel Housing Construction Co ₹ 64.95 L - ₹ 82.42 L

5 Projects

D Kumar And Company

2 Projects

Tulsiani Constructions And Developers Ltd

2 Projects
20 Years

Shine City Infra Project

2 Projects

Solitaire Valley ₹ 20.05 L - ₹ 91.87 L

2 Projects

Vinayak Group Prayagraj

2 Projects

New Modern Buildwell ₹ 15.01 L - ₹ 34.15 L

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Citizen Neo Heights, Civil Lines	9,700	-
Vivanta Vedic Greens, Lukarganj	8,700	-
Shervani Legacy, Sulem Sarai	8,350	25.1
Maabhagwati Gitanjali Shreeniketan, Lukarganj	7,700	-
Rudra Aakriti, Naini	6,300	-
Paras Kunj, Naini	6,250	8
Goel Pushp Ganga Exotica, Sulem Sarai	6,250	-2.9
Shervani Victory Tower, Dhoomanganj	6,100	-
Anil Brij Hari Apartment, Civil Lines	6,000	-
Narayan Heights, Naini	5,200	-

Premium residential developments in Allahabad command significant asking prices, reflecting their luxury positioning and prime locations. Citizen Neo Heights in Civil Lines leads the segment at ₹9,700 per sq ft, while Vivanta Vedic Greens in Lukarganj is priced at ₹8,700 per sq ft. Additionally, Shervani Legacy in Sulem Sarai has reached ₹8,350 per sq ft following a 25.14% increase, and Maabhagwati Gitanjali Shreeniketan offers units at ₹7,700 per sq ft.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Top Localities in Allahabad By Property Prices

Civil Lines

Avg. Asking Price ₹ 10,300 /Sq.Ft

Lukarganj

Avg. Asking Price ₹ 8,600 /Sq.Ft

Tagore Town

Avg. Asking Price ₹ 6,950 /Sq.Ft

Sulem Sarai

Avg. Asking Price ₹ 6,950 /Sq.Ft

FAQ

Frequently Asked Questions About Property Rates in Allahabad

What is the current average asking price in Allahabad?

As of June 2026, the average asking price in Allahabad stands at ₹4,950 per sq ft. This figure reflects a significant market adjustment, having depreciated by 37.17% compared to the previous period. Such a shift often indicates a broader market correction or a change in the composition of available inventory, and potential buyers should monitor these trends closely to understand the current entry points in the city.

How have property prices in Allahabad trended over the last few quarters?

Property prices in Allahabad have shown a fluctuating trajectory leading up to June 2026. Data indicates an average asking price of ₹4,950 per sq ft as of March 2026, following a period of ₹7,900 per sq ft in December 2025 and ₹6,050 per sq ft in September 2025. This volatility suggests that the market is currently experiencing a phase of price discovery, which investors and end-users should factor into their long-term planning.

How do price rates compare between villas and apartments in Allahabad?

As of June 2026, villas in Allahabad command a higher average price of ₹6,800 per sq ft, having depreciated by 0.53% compared to the prior period. In contrast, apartments are priced at an average of ₹4,950 per sq ft, which has seen a depreciation of 37.17% over the same timeframe. This price gap highlights the premium nature of villa living in the city compared to the more accessible apartment segment.

What is the price difference between ready-to-move and under-construction projects in Allahabad?

As of June 2026, ready-to-move projects in Allahabad are priced at an average of ₹6,200 per sq ft, reflecting a depreciation of 0.45% from the previous period. Meanwhile, under-construction projects are currently priced at ₹6,250 per sq ft, which has depreciated by 2.95% over the same period. This narrow price margin between the two categories suggests that buyers are currently finding competitive value in both immediate-possession and future-delivery options.

Which are some of the premium residential projects in Allahabad based on listing rates?

Several projects currently lead the market in Allahabad in terms of listing rates as of June 2026. Citizen Neo Heights in Civil Lines is positioned at the top with a rate of ₹9,700 per sq ft, showing stable pricing with 0% change. Other notable premium options include Vivanta Vedic Greens in Lukarganj at ₹8,700 per sq ft and Shervani Legacy in Sulem Sarai at ₹8,350 per sq ft, the latter of which has seen a significant appreciation of 25.14% compared to the previous period.