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. After experiencing significant fluctuations throughout 2025, the market has stabilized at this current baseline. Notable projects such as Citizen Neo Heights in Civil Lines set the premium benchmark at ₹9,700 per sq ft, while established residential options in Naini offer more accessible entry points for buyers. This diversity in pricing reflects a maturing real estate landscape catering to both luxury aspirations and practical housing needs.

Insights

Insights for Allahabad Real Estate Market Overview

The Allahabad real estate market exhibits a distinct pricing structure driven by prime locations and varied project development stages. While recent quarterly data highlights shifts in valuation, the current average rate of ₹4,950 per sq ft provides a foundational point for potential investors and homeowners. Ongoing activity in established areas like Civil Lines and Lukarganj continues to attract interest, supported by a mix of ready-to-move and under-construction inventory. Developers are focusing on delivering quality residential spaces that align with current buyer demand for modern amenities and strategic connectivity.

Citizen Neo Heights leads the premium segment with rates reaching ₹9,700 per sq ft.
Ready-to-move inventory maintains a competitive average price of ₹6,200 per sq ft.
Apartment segments have seen a notable adjustment of -37.17% in average pricing.
Under-construction projects like Goel Pushp Ganga Exotica provide options at ₹6,250 per sq ft.
Villa properties are currently averaging ₹6,800 per sq ft, showing a slight adjustment of -0.53%.

Market Strengths

Citizen Neo Heights establishes a strong luxury benchmark at ₹9,700 per sq ft in the city's premier location.
Diverse project status options allow buyers to choose between immediate occupancy and newer developments.
Naini locality offers affordable entry points with projects averaging between ₹5,200 and ₹6,300 per sq ft.
The presence of established builders like Shervani and Goel provides confidence to prospective homeowners.
Significant price growth of 25.14% in specific projects like Shervani Legacy reflects high demand in key pockets.

Market Challenges

The apartment segment has faced a sharp -37.17% adjustment, signaling a period of price correction.
Under-construction projects have seen a -2.95% change in average pricing, reflecting broader market adjustments.
Villa prices have experienced a minor -0.53% decline, suggesting a cautious luxury buyer sentiment.
Ready-to-move units have seen a -0.45% change, indicating a highly competitive pricing environment for existing stock.

Investment Opportunities

Ready-to-move projects at ₹6,200 per sq ft offer immediate value for those seeking to avoid construction delays.
Well-occupied developments currently priced at ₹5,100 per sq ft indicate stable long-term demand.
Strategic investment in Naini projects like Paras Kunj, which showed a 7.95% price growth, demonstrates positive momentum.
Shervani Legacy in Sulem Sarai has experienced a substantial 25.14% appreciation, highlighting its potential for capital gains.

Top Micromarkets in Allahabad

Allahabad South

Avg Price ₹ 4,950 /sqft

YOY -5.81 %

LISTINGS 28

Price Trend

Allahabad Property Price Trends and Appreciation

Allahabad's property market has navigated a dynamic pricing environment over the past year. Following a peak in late 2025, rates have adjusted to the current level of ₹4,950 per sq ft. This movement reflects a recalibration from the previous highs observed in the September and December 2025 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 residential market features a clear distinction between property categories. Villas currently average ₹6,800 per sq ft, representing the premium end of the housing spectrum with a modest adjustment of -0.53%. Meanwhile, apartments are priced at ₹4,950 per sq ft, reflecting a significant market realignment of -37.17% that offers potential value for budget-conscious buyers.

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 city offers a balanced supply of housing options tailored to different possession timelines. Ready-to-move projects, which comprise 4 units, average ₹6,200 per sq ft, catering to those seeking immediate occupancy. Additionally, under-construction inventory provides 1 unit at ₹6,250 per sq ft, while well-occupied developments maintain a steady price point of ₹5,100 per sq ft.

Project & Developer Insights

Top Residential Projects and Developers in Allahabad

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

Rudra Real Estate Ltd ₹ 36.9 L - ₹ 1.25 Cr

3 Projects

D Kumar And Company

2 Projects

Vinayak Group Prayagraj

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

Anil Offset Pvt Ltd ₹ 69.5 L - ₹ 1.25 Cr

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 define the upper echelon of the market. Citizen Neo Heights in Civil Lines leads with an asking rate of ₹9,700 per sq ft, followed by Vivanta Vedic Greens in Lukarganj at ₹8,700 per sq ft. Shervani Legacy in Sulem Sarai has seen a significant growth of 25.14%, reaching ₹8,350 per sq ft, while projects like Rudra Aakriti and Paras Kunj in Naini provide quality options at the ₹6,250 to ₹6,300 per sq ft range.

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 March 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, which indicates a significant market correction in the city's residential sector. Investors and homebuyers should note that this price point is based on current listing data for apartments across the city.

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

Property prices in Allahabad have shown a fluctuating trajectory, moving from ₹5,500 per sq ft in June 2025 to ₹6,050 per sq ft in September 2025, peaking at ₹7,900 per sq ft in December 2025, before settling at ₹4,950 per sq ft as of March 2026. This recent downward shift suggests a period of price adjustment in the market, which may provide a more accessible entry point for prospective buyers compared to the peak observed at the end of 2025.

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

As of March 2026, villas in Allahabad command a higher 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, which reflects a depreciation of 37.17% over the same timeframe. This price gap highlights that villas remain a premium segment in the city, while the apartment market has experienced a more pronounced adjustment in asking rates.

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

As of March 2026, ready-to-move projects in Allahabad are priced at ₹6,200 per sq ft, reflecting a depreciation of 0.45% from the previous period. Meanwhile, under-construction projects are currently listed at ₹6,250 per sq ft, which marks a depreciation of 2.95% compared to the prior period. The similarity in these rates suggests that buyers are currently finding comparable value across both completed and developing residential inventory in the city.

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

As of March 2026, Citizen Neo Heights in Civil Lines leads the market with a listing rate of ₹9,700 per sq ft, maintaining stable pricing. Other 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 notable appreciation of 25.14% compared to the previous period. These projects represent the higher end of the market, primarily driven by their specific locations and project-level amenities.