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Insights for Allahabad Real Estate Market Overview

Allahabad's property market is currently navigating a period of price correction and stabilization, with an average asking rate of ₹4,950 per sq ft. Ready-to-move projects remain a cornerstone of the local inventory, providing stable options for those seeking immediate occupancy at an average of ₹6,200 per sq ft. Meanwhile, under-construction developments continue to shape the future supply, maintaining a competitive entry point for investors. The market is defined by a mix of established residential hubs and emerging premium projects that cater to varying capital appetites.

  • Ready-to-move inventory is priced at ₹6,200 per sq ft, showing a minor adjustment of -0.45%.
  • Apartment units are currently available at an average of ₹4,950 per sq ft, following a -37.17% change.
  • Citizen Neo Heights in Civil Lines stands out as a premium choice with rates at ₹9,700 per sq ft.
  • Shervani Legacy in Sulem Sarai has seen notable growth, with rates increasing by 25.14% to reach ₹8,350 per sq ft.
  • Under-construction projects currently average ₹6,250 per sq ft, reflecting a -2.95% shift in the current market cycle.

Market Strengths
  • Citizen Neo Heights leads the premium segment with a high valuation of ₹9,700 per sq ft.
  • Civil Lines remains a top-tier locality, hosting prime projects like Citizen Neo Heights.
  • Naini provides affordable yet established options, with projects like Rudra Aakriti priced at ₹6,300 per sq ft.
  • Ready-to-move supply remains robust with 4 units currently tracked, ensuring immediate availability.
  • Well-occupied projects maintain an average of ₹5,100 per sq ft, indicating sustained demand for established housing.
Market Challenges
  • Apartment prices have experienced a notable downward adjustment of -37.17%.
  • Under-construction projects have seen a price change of -2.95% in the recent quarter.
  • The overall city average has shifted from higher peaks seen in late 2025 to ₹4,950 per sq ft currently.
  • Villa segments have seen a marginal decline of -0.53% in average pricing.
Investment Opportunities
  • Shervani Legacy in Sulem Sarai offers strong value growth with a 25.14% increase in rates.
  • Paras Kunj in Naini provides a competitive entry point at ₹6,250 per sq ft with a positive growth of 7.95%.
  • Well-occupied projects in the city show a positive trend, with prices rising by 1.01% to reach ₹5,100 per sq ft.
  • Ready-to-move units continue to command a premium of ₹6,200 per sq ft, suitable for stable long-term holding.
Top Micromarkets in Allahabad

Allahabad South

Avg Price ₹ 4,950 /Sq.Ft.
YOY -5.81 %
LISTINGS 13
Price Trend

Allahabad Property Price Trends and Appreciation

The Allahabad real estate market has experienced notable shifts in pricing over the past year. After reaching a peak of ₹7,900 per sq ft in December 2025, rates moderated to ₹6,050 per sq ft by September 2025 and currently stand at ₹4,950 per sq ft as of March 2026. These trends highlight a period of market recalibration for potential buyers and investors.
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 offers distinct options for different buyer needs. Villas command a premium at ₹6,800 per sq ft, experiencing a slight change of -0.53%. Meanwhile, apartments are priced at ₹4,950 per sq ft, reflecting a significant adjustment of -37.17% in the current market landscape.
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 provides a range of properties across various development stages. Ready-to-move inventory averages ₹6,200 per sq ft, while under-construction projects are currently priced at ₹6,250 per sq ft. Additionally, well-occupied projects maintain a value of ₹5,100 per sq ft, offering diverse choices for those prioritizing immediate possession or long-term growth.
Project & Developer Insights

Top Residential Projects and Developers in Allahabad

Top Developers in Allahabad
Rudra Real Estate Ltd leads in Allahabad with 3 projects and years of experience.
DLF
Rudra Real Estate Ltd ₹ 36.9 L - ₹ 1.7 Cr
  • 3 Projects
DLF
Omaxe ₹ 42 L - ₹ 78.3 L
  • 4 Projects
  • 32 Years
DLF
Saidham Group Prayagraj ₹ 38.32 L - ₹ 77.76 L
  • 7 Projects
DLF
Goel Housing Construction Co ₹ 64.95 L - ₹ 82.42 L
  • 5 Projects
DLF
D Kumar And Company
  • 2 Projects
DLF
Tulsiani Constructions And Developers Ltd
  • 2 Projects
  • 20 Years
DLF
Shine City Infra Project
  • 2 Projects
DLF
Solitaire Valley ₹ 20.05 L - ₹ 91.87 L
  • 2 Projects
DLF
Vinayak Group Prayagraj
  • 2 Projects
DLF
New Modern Buildwell ₹ 15.01 L - ₹ 34.15 L
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Allahabad set high-value benchmarks, led by Citizen Neo Heights in Civil Lines at ₹9,700 per sq ft. Vivanta Vedic Greens in Lukarganj follows at ₹8,700 per sq ft, while Shervani Legacy in Sulem Sarai has seen strong growth, now priced at ₹8,350 per sq ft. Other notable projects include Maabhagwati Gitanjali Shreeniketan at ₹7,700 per sq ft and Rudra Aakriti in Naini at ₹6,300 per sq ft, showcasing the city's diverse luxury and mid-segment offerings.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Top Localities in Allahabad By Property Prices

Avg. Asking Price ₹ 10,300 /Sq.Ft
Avg. Asking Price ₹ 8,600 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
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 is ₹4,950 per sq ft. This figure reflects a depreciation of 37.17% compared to the previous period, indicating a significant market adjustment. Monitoring such trends is essential for buyers and investors to understand the current valuation landscape before committing to property transactions 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 shows the city rate was ₹4,950 per sq ft in March 2026, following a higher valuation 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 undergoing a period of price discovery, which potential investors should carefully evaluate against their long-term financial goals.

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

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

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

As of June 2026, ready-to-move properties in Allahabad are priced at an average of ₹6,200 per sq ft, showing a minor depreciation of 0.45% from the previous period. Meanwhile, under-construction projects are currently priced at an average of ₹6,250 per sq ft, which represents a depreciation of 2.95% over the same period. The relatively narrow price gap between these two categories indicates that buyers are currently paying a similar premium for both immediate possession and future development projects.

Which residential projects in Allahabad currently have the highest listing rates?

As of June 2026, Citizen Neo Heights in Civil Lines leads the market with a listing rate of ₹9,700 per sq ft, 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 significant appreciation, with its rates rising by 25.14% compared to the previous period, signaling strong demand for specific high-end developments.

What does the current market data suggest for someone looking to invest in Allahabad?

The current market data for June 2026 indicates a period of price correction, with the city-wide average asking price at ₹4,950 per sq ft. Investors should note that while some segments like 'Well Occupied' projects have seen an appreciation of 1.01% to reach ₹5,100 per sq ft, other categories have experienced depreciation. This suggests that the Allahabad market is currently favoring selective, value-based investments rather than broad-spectrum growth, making it crucial to research specific localities and project statuses before making a purchase.

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