Property rates in Lucknow average ₹6,700 per sq ft. Market prices have shown a steady trend over the past year, with recent quarterly figures hovering between ₹6,650 and ₹6,700 per sq ft. The sector is supported by a diverse range of property types, with office spaces witnessing a 5.02% growth. Additionally, the city maintains a rental yield of 3.22%, reflecting a stable environment for both residential and commercial property investments.
Lucknow's real estate market displays consistent growth, characterized by stable property values and active participation from both developers and buyers. The residential sector remains the primary driver, while the commercial segment, particularly office spaces, continues to gain momentum with a notable 5.02% increase. Government registration data confirms a high volume of transactions, totaling 22,448 units over the latest period. Rental activity is equally vibrant, with a yield of 3.22% attracting investors looking for steady returns. The supply pipeline is balanced across ready-to-move and under-construction projects, catering to varied possession timelines.
Office space prices have risen by 5.02%, outpacing other property segments.
Ready-to-move projects dominate the supply with 601 available units.
The market recorded a substantial gross transaction value of ₹4,538 Cr.
New launch projects are currently priced at a premium, averaging ₹6,750 per sq ft.
Rental rates for showrooms and villas have seen significant positive shifts, with villas increasing by 18.75%.
Market Strengths
A high volume of 22,448 registered transactions indicates deep market liquidity.
Ready-to-move supply of 601 units ensures immediate availability for homebuyers.
Diverse property types ranging from shops to villas cater to every investment appetite.
Strong performance by top developers like Eldeco and Omaxe sustains market confidence.
Consistent quarterly price growth keeps the market attractive for long-term investors.
Commercial office space demand is rising, supported by a 5.02% price growth.
Market Challenges
Villa prices have seen a -10.56% decline, suggesting a need for careful valuation.
Under-construction project prices have adjusted by -7.14%, reflecting current market corrections.
Shop rental rates have faced a -7.53% dip, indicating a shift in commercial rental dynamics.
General apartment rental rates have seen a marginal decrease of -5.26%.
Investment Opportunities
Office spaces offer strong growth potential with a 5.02% price increase.
Rental yields of 3.22% provide a stable passive income stream for residential investors.
Showrooms in the rental market have seen a 7.46% increase in rates, suggesting high commercial demand.
New launch projects at ₹6,750 per sq ft offer potential for appreciation in developing areas.
Villas for rent have experienced an 18.75% increase in demand, indicating a shift in tenant preferences.
Top Micromarkets in Lucknow
Lucknow North
Avg Price₹ 6,950 /sqft
YOY
+ 14.73 %
Avg Rent₹ 22 /sq
ft
YIELD
+ 3.80
LISTINGS
1,395
Lucknow East
Avg Price₹ 6,600 /sqft
YOY
-3.48 %
Avg Rent₹ 19 /sq
ft
YIELD
+ 3.45
LISTINGS
9,463
Lucknow West
Avg Price₹ 6,850 /sqft
YOY
+ 14.98 %
LISTINGS
1,435
Lucknow Central
Avg Price₹ 6,000 /sqft
YOY
-8.45 %
Avg Rent₹ 21 /sq
ft
YIELD
+ 4.20
LISTINGS
124
Lucknow South
Avg Price₹ 6,850 /sqft
YOY
+ 5 %
Avg Rent₹ 17 /sq
ft
YIELD
+ 2.98
LISTINGS
10,000
Price Trend
Lucknow Property Price Trends and Appreciation
Property rates in Lucknow have maintained a stable trajectory over the last four quarters. Prices moved from ₹6,650 per sq ft in mid-2025 to a current level of ₹6,700 per sq ft as of March 2026. This incremental growth highlights the market's resilience and steady demand.
Lucknow's real estate market offers varied options across commercial and residential segments. Shops lead in pricing at ₹12,500 per sq ft with a 1.52% growth, while office spaces are valued at ₹12,000 per sq ft following a strong 5.02% increase. Apartments are priced at ₹6,700 per sq ft, and villas are available at ₹4,950 per sq ft after a -10.56% price adjustment.
The market provides a wide range of choices based on project completion stages. Ready-to-move units, totaling 601, average ₹5,050 per sq ft, while 41 under-construction projects are priced at ₹5,750 per sq ft. New launches command the highest entry point at ₹6,750 per sq ft, reflecting a 3.26% growth and indicating strong confidence in upcoming developments.
Project & Developer Insights
Top Residential Projects and Developers in Lucknow
Top Projectsin Lucknow
Eldeco Latitude 27 is the top project in Lucknow with prices from ₹ 1.00 Cr to 1.56 Cr.
Eldeco Latitude 27
₹ 1.00 Cr - ₹ 1.55 Cr
Lucknow North, Lucknow
Eldeco Regalia Arcade
Price On Request
Lucknow North, Lucknow
Eldeco Regalia
Price On Request
Lucknow North, Lucknow
Eldeco Twin Towers
₹ 63 L - ₹ 74.66 L
Lucknow North, Lucknow
Emaar Elite Oasis
₹ 2.75 Cr - ₹ 4.08 Cr
Lucknow East, Lucknow
Experion Capital
₹ 68.6 L - ₹ 1.94 Cr
Lucknow East, Lucknow
Emaar Gomti Greens
₹ 90.6 L - ₹ 2.51 Cr
Lucknow East, Lucknow
Eldeco Shaurya
₹ 27 L - ₹ 66 L
Lucknow South, Lucknow
Eldeco Imperia
₹ 58 L - ₹ 1.59 Cr
Lucknow South, Lucknow
Eldeco Saksham
Price On Request
Lucknow South, Lucknow
View More
New Launch
Under Construction
Ready to Move
Top Developersin Lucknow
Eldeco leads in Lucknow with 46 projects and 35 years of experience.
Eldeco
₹ 17.76 L - ₹ 2.27 Cr
46 Projects
35 Years
Emaar
₹ 90.6 L - ₹ 4.08 Cr
4 Projects
14 Years
DLF
₹ 52.03 L - ₹ 2.47 Cr
3 Projects
70 Years
Experion
₹ 68.6 L - ₹ 1.94 Cr
1 Projects
13 Years
Omaxe
₹ 24.05 L - ₹ 6.86 Cr
20 Projects
32 Years
Paarth Infrabuild
₹ 10.5 L - ₹ 1.51 Cr
19 Projects
5 Years
Akshita Infra
1 Projects
Shalimar Corp Limited
₹ 7.43 L - ₹ 3.89 Cr
39 Projects
34 Years
Rohtas Builder
₹ 40.8 L - ₹ 44 L
22 Projects
25 Years
Signature Group
₹ 47.92 L - ₹ 1.03 Cr
16 Projects
19 Years
View More
Top Projects by Listing Rates, Transaction Count and Transaction Value
Premium residential developments in Lucknow are setting high-value benchmarks. DLF Vibhuti Khand leads the listing market at ₹16,850 per sq ft, followed by Shalimar Gallant at ₹15,950 per sq ft. Other notable projects like Rohtas Presidential Arcade and Eldeco Trinity are priced above ₹10,000 per sq ft, showcasing the aspirational nature of the city's east and north corridors.
High-value transactions are anchored by premium projects. Eldeco City generated significant turnover through 3 deals, while Omaxe Waterscapes and Lucknow Ahana Enclave also contributed substantially to the market's gross value. These projects represent the high-end segment, consistently attracting investors focused on long-term asset appreciation.
Project Name
Current Price (₹/sq.ft)
Transactions
Change %
Eldeco City
14,050
3
-
Lucknow Ahana Enclave, Amar Shaheed Path
13,850
2
-
Omaxe Waterscapes, Na
6,650
2
-
Sahu City
4,650
2
-
Goel Heights
3,650
2
-
Buildia Galaxy
10,300
1
-
T Square Complex
8,700
1
-
Oro City
6,200
1
-
Sapna Enclave
4,750
1
-
Kaashvi Delight
2,100
1
-
Buyer interest is concentrated in established projects across the city. Eldeco City leads with 3 transactions, while Omaxe City, Omaxe Waterscapes, Sahu City, and Goel Heights have each recorded 2 transactions. These projects span a wide price range, proving that demand remains strong across both luxury and budget-friendly segments.
Top projects for rent include Jagdish Apartments Aliganj at ₹30 per sq ft and Rohtas Presidential Tower at ₹28 per sq ft. Other developments such as Omaxe Hazratganj and SAS Shalimar Grand also maintain competitive rental rates, reflecting strong demand in their respective localities.
Top Developers by Transaction Count and Transaction Value
The Lucknow development landscape is driven by major players with strong brand recall. The Lucknow Development Authority heads the list with 5 transactions, followed by Omaxe, Eldeco, Sahu Land Developers, and Ansal API, each managing 2 transactions. This group of developers accounts for a significant portion of the city's active market share.
Eldeco leads the market in terms of transaction value with ₹2.85 Cr across its projects. The Lucknow Development Authority follows with ₹2.07 Cr, while Omaxe and Ansal API also feature prominently among the top value-generating developers. Their strong performance highlights the trust buyers place in established construction firms.
Government Registrations
Government Registration in Lucknow
Between June 2025 and May 2026, Lucknow recorded 22,448 property registrations with a total gross value of ₹4,538 Cr. The Lucknow Development Authority leads the transaction volume with 5 projects, while Eldeco dominates in terms of total value at ₹2.85 Cr. High-interest projects such as Eldeco City have seen multiple transactions, reinforcing the market's overall momentum.
Sales Transactions22,448
Gross Sales Value₹ 4,538 Cr
Registered Rate₹ 4,000/sq.ft
Recent Registered Transactions
Recent Registered Transactions in Lucknow
The Lucknow market has seen robust activity with 22,448 transactions registered between June 2025 and May 2026. This reflects a stable and active real estate environment with a gross value of ₹4,538 Cr.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2026-04-02
Unit 291
N/A
400 Sq.Ft.
2026-04-02
Unit 597KH
N/A
700 Sq.Ft.
2026-04-02
Unit 1060
N/A
407188 Sq.Ft.
2026-04-02
Unit 3, 4
N/A
1200 Sq.Ft.
2026-04-02
Unit 6
N/A
1150 Sq.Ft.
2026-04-02
Unit 432
N/A
1000 Sq.Ft.
2026-04-02
Unit 132
N/A
2635 Sq.Ft.
2026-04-02
Unit 207
N/A
835 Sq.Ft.
2026-04-02
Floor 3, Unit 26
N/A
646 Sq.Ft.
2026-04-02
Unit 365
N/A
1330 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Lucknow
Residential rentals in Lucknow vary by unit size, with 1 BHK apartments averaging ₹13,250 per month and 2 BHK units at ₹19,250 per month. Larger 3 BHK and 4 BHK units command higher monthly rents of ₹28,700 and ₹42,550 respectively, while 5 BHK properties reach ₹65,000 per month. Commercial properties like showrooms command an average rental rate of ₹50 per sq ft, while shops are priced higher at ₹100 per sq ft despite a -7.53% change. Office spaces and villas both average ₹50 per sq ft, with villas experiencing a notable 18.75% rental growth. Top projects for rent include Jagdish Apartments Aliganj at ₹30 per sq ft and Rohtas Presidential Tower at ₹28 per sq ft. Other developments such as Omaxe Hazratganj and SAS Shalimar Grand also maintain competitive rental rates, reflecting strong demand in their respective localities.
Residential rentals in Lucknow vary by unit size, with 1 BHK apartments averaging ₹13,250 per month and 2 BHK units at ₹19,250 per month. Larger 3 BHK and 4 BHK units command higher monthly rents of ₹28,700 and ₹42,550 respectively, while 5 BHK properties reach ₹65,000 per month.
Commercial properties like showrooms command an average rental rate of ₹50 per sq ft, while shops are priced higher at ₹100 per sq ft despite a -7.53% change. Office spaces and villas both average ₹50 per sq ft, with villas experiencing a notable 18.75% rental growth.
Frequently Asked Questions About Property Rates in Lucknow
What is the current average asking price in Lucknow as of March 2026?
The average asking price in Lucknow stands at ₹6,700 per sq ft as of March 2026. This figure reflects a marginal appreciation of 0.79% compared to the previous quarter, indicating a stable and resilient demand for residential properties across the city.
How have property prices in Lucknow trended over the last year?
Property prices in Lucknow have shown a steady trajectory, moving from ₹6,650 per sq ft in June 2025 to ₹6,700 per sq ft by March 2026. After a brief dip to ₹6,650 per sq ft in December 2025, the market recovered to its current level of ₹6,700 per sq ft, signaling consistent buyer interest and market maturity.
How does the average asking price in Lucknow compare to the Government Registration Rate?
The average asking price in Lucknow is ₹6,700 per sq ft, which sits significantly higher than the Government Registration Rate of ₹4,000 per sq ft as of March 2026. This gap between the market-driven asking price and the government-notified rate is a common observation in developing urban corridors and should be accounted for by buyers when calculating total acquisition costs.
Which property types are currently available in Lucknow and how are their prices performing?
As of March 2026, Lucknow offers a diverse range of property types with varying price movements. Shops are priced at ₹12,500 per sq ft (up 1.52%), office spaces at ₹12,000 per sq ft (up 5.02%), and apartments at ₹6,700 per sq ft (up 0.79%). Conversely, villas have seen a depreciation of 10.56% during the same period, bringing their average price to ₹4,950 per sq ft, which may present a value opportunity for specific buyers.
What is the price difference between Ready To Move and Under Construction properties in Lucknow?
As of March 2026, Ready To Move properties in Lucknow are priced at an average of ₹5,050 per sq ft, having appreciated by 1.11% over the observed period. In contrast, Under Construction projects are currently averaging ₹5,750 per sq ft, which represents a depreciation of 7.14% compared to previous benchmarks. This pricing dynamic suggests that buyers are currently finding more competitive entry points in the under-construction segment compared to the recent past.
What are the top projects by transaction activity in Lucknow?
The most active projects in Lucknow by transaction volume include Eldeco City, which leads with 3 transactions at an average rate of ₹14,050 per sq ft, followed by Omaxe City (Lucknow Ahana Enclave), Omaxe Waterscapes, Sahu City, and Goel Heights, each recording 2 transactions as of March 2026. These projects have maintained stable pricing with 0% change in their rates, reflecting consistent demand in these specific developments.
Which developers are leading in transaction activity in Lucknow?
Lucknow Development Authority currently leads the market with 5 transactions, followed by Omaxe, Eldeco, Sahu Land Developers, Ansal API, and Pahari Mata Sehkari Avas Samiti Ltd, each accounting for 2 transactions as of March 2026. This distribution highlights a mix of government-led development and established private players driving the bulk of the residential property activity in the city.
What is the average rental yield in Lucknow and what does it signify for investors?
The average rental yield in Lucknow is 3.22% as of March 2026, with an average rental rate of ₹18 per sq ft. This yield provides a baseline for investors to evaluate the income-generating potential of their assets relative to the capital invested in the residential market.
How do rental rates vary by BHK configuration in Lucknow?
Rental rates in Lucknow scale according to the size of the unit, with Studios averaging ₹11,200 per month, 1 BHK units at ₹13,250, 2 BHK units at ₹19,250, 3 BHK units at ₹28,700, 4 BHK units at ₹42,550, and 5 BHK units reaching ₹65,000 per month as of March 2026. This tiered structure allows tenants and investors to identify which unit types align best with their budget or rental income objectives.
Which projects in Lucknow command the highest rental rates?
Premium rental projects in Lucknow include Jagdish Apartments Aliganj at ₹30 per sq ft, followed by Rohtas Presidential Tower, Omaxe Hazratganj, SAS Shalimar Grand, and Eldeco Elegante, which range between ₹27 and ₹28 per sq ft as of March 2026. While some of these projects have maintained stable rental rates, others like Omaxe Hazratganj and Experion Capital have seen significant rental adjustments, reflecting the specific supply-demand dynamics within their respective localities.
How should a buyer interpret the property rate data provided for Lucknow?
Buyers should use this data as a benchmark to compare current market asking prices against historical trends and government-notified rates. By analyzing the price per sq ft across different property statuses—such as the ₹5,050 for Ready To Move versus ₹5,750 for Under Construction as of March 2026—investors can better gauge whether they are paying a premium for immediate possession or securing a potential upside in a new launch project.
What is the rental performance of different property types in Lucknow?
Rental performance varies significantly by property type as of March 2026: showrooms are averaging ₹50 per sq ft (up 7.46%), while shops command ₹100 per sq ft despite a 7.53% depreciation. Office spaces remain stable at ₹50 per sq ft (0% change), and villas have seen a notable appreciation of 18.75% to reach ₹50 per sq ft, whereas apartments have depreciated by 5.26% to settle at ₹50 per sq ft.
