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 current pricing follows significant market fluctuations seen over the past year, reflecting a period of adjustment for the local real estate sector. With diverse inventory available, including premium villa options and various residential projects, the city presents specific entry points for buyers. The market remains active, particularly within established localities where project development continues to influence overall value trends for prospective investors.

Insights

Insights for Allahabad Real Estate Market Overview

The Allahabad real estate market shows a dynamic landscape with price points currently settling at ₹4,950 per sq ft. Recent quarterly data highlights volatility, as prices shifted from higher peaks earlier in the year toward the current valuation. Investors can find opportunities across a range of property types, from villas to apartments, each showing distinct price adjustments. The supply side is characterized by a mix of completed ready-to-move projects and ongoing under-construction developments.

Villa properties are currently priced at ₹6,800 per sq ft, reflecting a -0.53% change.
Apartment units average ₹4,950 per sq ft, with a -37.17% change.
Ready-to-move projects, totaling 4 units, are priced at ₹6,200 per sq ft.
Under-construction projects offer entry at ₹6,250 per sq ft, seeing a -2.95% change.
Well-occupied properties maintain a stable valuation at ₹5,100 per sq ft with a 1.01% increase.

Market Strengths

Diverse residential supply ranging from apartments to villas.
Established localities like Civil Lines and Lukarganj feature high-value premium projects.
Consistent performance in well-occupied projects with positive growth.
Active development in Naini with multiple project options.
High-end luxury projects like Citizen Neo Heights driving market benchmarks.

Market Challenges

Apartment segments have experienced a price correction of -37.17%.
Under-construction projects have seen a price change of -2.95%.
Villa segment pricing has witnessed a minor dip of -0.53%.

Investment Opportunities

Well-occupied projects offer stable entry at ₹5,100 per sq ft with a 1.01% growth rate.
Shervani Legacy in Sulem Sarai demonstrates significant capital appreciation with a 25.14% increase.
Paras Kunj in Naini provides an entry point at ₹6,250 per sq ft with a 7.95% growth trend.
Ready-to-move inventory at ₹6,200 per sq ft serves buyers looking for immediate possession.

Top Micromarkets in Allahabad

Allahabad South

Avg Price ₹ 4,950 /Sq.Ft.

YOY -5.81 %

LISTINGS 32

Price Trend

Allahabad Property Price Trends and Appreciation

Allahabad's property market has navigated significant fluctuations over the past year. After reaching peaks in late 2025, prices have adjusted to the current average of ₹4,950 per sq ft as of March 2026. This trend highlights a cooling phase following the highs observed in the previous year's quarters.

Asking Price Trends

₹ 4,950/Sq.Ft -37.17 % QoQ

Jun 2025 — Mar 2026

Quarter	City Rate
Mar 2026	4950
Dec 2025	7900
Sep 2025	6050
Jun 2025	5500

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 offers varied options for different buyer needs. Villas currently command a premium at ₹6,800 per sq ft, experiencing a slight adjustment of -0.53%. Meanwhile, apartments are available at an average of ₹4,950 per sq ft, reflecting a -37.17% change that presents a different entry point for residential investors.

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 market provides a selection of properties at various stages of development to suit different buyer preferences. Ready-to-move inventory is priced at ₹6,200 per sq ft with a -0.45% change, while under-construction projects are available at ₹6,250 per sq ft, seeing a -2.95% change. Additionally, well-occupied projects maintain a steady rate of ₹5,100 per sq ft, showing a positive trend of 1.01%.

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 set the benchmark for luxury living. Citizen Neo Heights in Civil Lines leads with an asking price of ₹9,700 per sq ft, while Vivanta Vedic Greens in Lukarganj follows at ₹8,700 per sq ft. Shervani Legacy in Sulem Sarai shows strong growth at ₹8,350 per sq ft, marking a 25.14% increase. Other notable projects like Maabhagwati Gitanjali Shreeniketan and Paras Kunj continue to offer competitive options in their respective localities.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /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

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 Mar 2026, the average asking price in Allahabad is ₹4,950 per sq ft. This figure reflects a depreciation of 37.17% when compared to previous market periods, indicating a significant adjustment in the city's residential property valuation.

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

Property prices in Allahabad have shown a volatile trajectory, moving from ₹5,500 per sq ft in Jun 2025 to ₹6,050 per sq ft in Sep 2025, peaking at ₹7,900 per sq ft in Dec 2025, before correcting to ₹4,950 per sq ft as of Mar 2026. This recent downward trend suggests a market correction phase, which may provide more accessible entry points for potential homebuyers compared to the peak observed in late 2025.

How do property rates differ between villas and apartments in Allahabad?

As of Mar 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 reflects a sharper depreciation of 37.17% over the same timeframe. This price gap highlights the premium associated with independent villa living compared to the more liquid apartment segment in the city.

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

As of Mar 2026, ready-to-move properties in Allahabad are priced at ₹6,200 per sq ft, showing a slight depreciation of 0.45% from the previous period. Meanwhile, under-construction properties are currently priced at ₹6,250 per sq ft, which represents a depreciation of 2.95% compared to the prior period. The minimal price difference between these two categories suggests that buyers are currently finding comparable value in both immediate-possession homes and newer projects under development.

Which projects in Allahabad currently command the highest listing rates?

Citizen Neo Heights in Civil Lines leads the market with a listing rate of ₹9,700 per sq ft as of Mar 2026, with rates remaining stable. Other premium projects include Vivanta Vedic Greens in Lukarganj at ₹8,700 per sq ft and Shervani Legacy in Sulem Sarai at ₹8,350 per sq ft. Notably, Shervani Legacy has seen a significant appreciation of 25.14% compared to the previous period, signaling strong demand for that specific development.

How should a buyer interpret the current property rates in Allahabad?

A buyer should view the current average asking price of ₹4,950 per sq ft as of Mar 2026 as a sign of a cooling market following the volatility seen in late 2025. With significant depreciation observed in the apartment segment, prospective buyers may find this an opportune time to negotiate, especially given the availability of diverse options ranging from established ready-to-move projects to under-construction developments. It is recommended to compare these city-wide averages against specific project-level rates, such as those in Civil Lines or Naini, to identify the best value based on individual budget and location preferences.