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. The market has seen significant fluctuations in recent quarters, moving from a high of ₹7,900 per sq ft in late 2025 to the current level. Ready to move projects currently command an average of ₹6,200 per sq ft, while premium developments like Citizen Neo Heights in Civil Lines are priced at ₹9,700 per sq ft, highlighting the diversity in residential options across the city.

Insights

Insights for Allahabad Real Estate Market Overview

The Allahabad real estate market is currently navigating a period of price adjustment, with average rates settling at ₹4,950 per sq ft. While the city previously witnessed higher valuation peaks in late 2025, the current landscape offers varied entry points for both homebuyers and investors. The supply is characterized by a mix of ready-to-move units and active under-construction projects, particularly in areas like Naini and Civil Lines. Investors are closely watching these trends as developers adjust their pricing to align with current demand patterns.

Ready to move properties maintain a steady average of ₹6,200 per sq ft despite minor market fluctuations.
Citizen Neo Heights in Civil Lines leads the premium segment with an asking rate of ₹9,700 per sq ft.
Well-occupied housing projects reflect stable demand with an average price point of ₹5,100 per sq ft.
Under-construction projects in areas like Sulem Sarai are priced at approximately ₹6,250 per sq ft.
Shervani Legacy in Sulem Sarai has shown strong growth with a 25.14% increase in rates.

Market Strengths

The market features premium luxury options like Citizen Neo Heights priced at ₹9,700 per sq ft.
Established localities like Civil Lines continue to attract high-value residential investment.
Diversified project status options cater to both immediate and future possession needs.
Steady demand is observed in well-occupied projects, maintaining a price point of ₹5,100 per sq ft.
Growing projects like Shervani Legacy demonstrate significant value appreciation for early investors.

Market Challenges

Apartment segments have experienced a significant price correction of -37.17%.
Under construction projects are seeing a modest downward trend of -2.95% in current pricing.
Villa segment rates have experienced a slight decline of -0.53%.

Investment Opportunities

Shervani Legacy in Sulem Sarai offers strong capital appreciation potential with a 25.14% rate increase.
Well-occupied properties provide stable investment options at a competitive average of ₹5,100 per sq ft.
Ready to move inventory at ₹6,200 per sq ft allows for immediate occupancy or rental income potential.
Paras Kunj in Naini shows positive momentum with a 7.95% growth in property rates.

Top Micromarkets in Allahabad

Allahabad South

Avg Price ₹ 4,950 /Sq.Ft.

YOY -5.81 %

LISTINGS 23

Price Trend

Allahabad Property Price Trends and Appreciation

The market in Allahabad has experienced notable shifts in valuation over the past two quarters. After reaching a peak of ₹7,900 per sq ft in December 2025, rates moderated to ₹6,050 per sq ft in September 2025 before settling at the current ₹4,950 per sq ft. This trend reflects a recalibration of property values across the city.

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

Residential offerings in Allahabad are divided between villas and apartments, each catering to distinct buyer requirements. Villas are currently priced at an average of ₹6,800 per sq ft, while apartments are available at ₹4,950 per sq ft. These figures reflect the current market appetite for different living spaces.

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 inventory in Allahabad spans several stages of development, allowing buyers to choose based on their possession timelines. Ready to move projects, representing 4 units, average ₹6,200 per sq ft, reflecting a slight change of -0.45%. Additionally, under construction projects are priced at ₹6,250 per sq ft, while well-occupied units hold a value of ₹5,100 per sq ft.

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

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 set high benchmarks for value. 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 also commands a strong position at ₹8,350 per sq ft, having seen a significant growth of 25.14%.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,400 /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 depreciation of 37.17% when compared to the previous reporting period, indicating a notable market correction in the city's residential sector.

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

Property prices in Allahabad have shown volatility, with the average city rate recorded at ₹4,950 per sq ft in March 2026, following a peak of ₹7,900 per sq ft in December 2025 and ₹6,050 per sq ft in September 2025. This downward trajectory in the most recent quarters suggests a period of price adjustment, which may provide a more accessible entry point for prospective buyers compared to the higher valuations seen in late 2025.

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

As of June 2026, villas in Allahabad command a premium with 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, which reflects a more significant depreciation of 37.17% over the same timeframe, highlighting a distinct pricing gap between these two property types.

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, showing a slight depreciation of 0.45% from the previous period. Meanwhile, Under Construction projects are currently priced at ₹6,250 per sq ft, which represents a depreciation of 2.95% compared to the prior period, indicating that both segments are currently experiencing a similar trend of price softening.

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 June 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, the latter of which has seen a significant appreciation of 25.14% compared to the previous period, signaling strong demand for high-end developments in these localities.

How does the Well Occupied project status compare to other segments in Allahabad?

Well Occupied projects in Allahabad are currently priced at an average of ₹5,100 per sq ft as of June 2026. This segment has shown resilience, recording an appreciation of 1.01% compared to the previous period, which stands in contrast to the depreciation observed in both Ready To Move and Under Construction categories.

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 June 2026 as a reflection of a shifting market landscape. With significant depreciation occurring across major property types and project statuses, investors and end-users alike should conduct thorough due diligence on specific localities like Civil Lines or Naini, where project-specific pricing can vary significantly from the city-wide average.