Property Rates in Lucknow

Lucknow's real estate market offers diverse property types, each with distinct pricing. Shops lead the market with an average price of ₹12,482 per sq ft, a 1.52% increase, followed closely by office spaces at ₹11,980 per sq ft, which saw a significant 5.02% rise. Residential apartments are priced at ₹6,724 per sq ft, experiencing a modest 0.79% growth, while villas are available at ₹4,962 per sq ft, though they have seen a considerable decline of -10.56%.

The Lucknow property market presents a range of options across different construction stages. Ready To Move properties, numbering 644 units, are priced at an average of ₹4,987 per sq ft, showing a -4.58% change. Under Construction projects offer 46 units at ₹6,191 per sq ft with a -2.92% change, while New Launch projects, with 14 units, are priced at ₹6,531 per sq ft and have experienced a 4.94% increase. Other statuses like Well Occupied, Partially Ready To Move, and Mid Stage properties also represent available inventory at varying price points.

Rental performance in Lucknow's top projects shows some variability. Jagdish Apartments Aliganj and Rohtas Presidential Tower are listed at ₹30 and ₹28 per sq ft respectively, with no change. Omaxe Hazratganj has seen a significant decrease of -52.54%, now at ₹28 per sq ft. Other projects like SAS Shalimar Grand and Eldeco Elegante are also priced around ₹27 per sq ft, indicating a competitive rental landscape in these prime developments.

In Lucknow's rental market, apartment rents vary significantly by configuration. Studio apartments average ₹11,181 per month, while 1 BHK units are listed at ₹13,260 per month. Larger homes like 2 BHKs command ₹19,236 per month, escalating to ₹28,682 for 3 BHKs, ₹42,538 for 4 BHKs, and ₹65,000 for 5 BHK apartments, showcasing a clear price progression with increased space.

Rental rates in Lucknow vary across property types, with commercial spaces generally commanding higher per sq ft rates. Shops average ₹86 per sq ft, though they have seen a -7.53% change. Showrooms are available at ₹72 per sq ft with a positive 7.46% change, while office spaces average ₹46 per sq ft. Residential properties like villas average ₹19 per sq ft with a notable 18.75% increase, and apartments are priced at ₹18 per sq ft, reflecting a -5.26% change.