Property Rates in Faizabad Road, Lucknow 2026

Property prices in Faizabad Road have shown a downward trajectory over the last few quarters. Data from Dec 2025 to Jun 2026 indicates the location rate moved from ₹5,450 per sq ft to ₹3,500 per sq ft. This downward shift suggests a period of softening demand or increased supply, which prospective buyers should consider when evaluating their investment timeline.

As of Sep 2026, there is a notable difference in pricing by property type in Faizabad Road. Villas command an average price of ₹5,000 per sq ft, having appreciated by 46.72% over the observed period, while apartments are priced at ₹3,500 per sq ft, which has depreciated by 28.78% over the same timeframe. This divergence highlights a strong preference or limited supply for villa-style living compared to the apartment segment.

The rental yield in Faizabad Road stands at 5.83% as of Sep 2026. For investors, this yield is a critical metric as it represents the annual return on investment from rental income relative to the property's purchase price. Combined with the average rental rate of ₹17 per sq ft—which has appreciated by 6.25%—this suggests a stable income-generating potential for landlords in the area.

Rental rates in Faizabad Road vary by unit size, catering to different tenant profiles as of Sep 2026. A 2 BHK apartment typically rents for ₹22,150 per month, a 3 BHK for ₹24,350 per month, and a 4 BHK for ₹34,700 per month. These figures help tenants and investors understand the monthly budget required or the potential rental income achievable for various apartment sizes.

As of Sep 2026, premium rental projects in Faizabad Road include Silver City at ₹22 per sq ft and Crystal View Apartment at ₹21 per sq ft. Crystal View Apartment has seen a depreciation of 4.55% in its rental rate compared to previous periods, whereas Silver City has remained stable with a 0% change. Other notable projects like Spring Greens Phase I command ₹18 per sq ft, having appreciated significantly by 38.46%, reflecting strong demand for specific residential communities.

As of Sep 2026, Ready To Move properties in Faizabad Road are priced at an average of ₹4,300 per sq ft, reflecting a depreciation of 7.16% compared to previous periods. In contrast, Under Construction projects are priced at ₹4,050 per sq ft, which has also seen a depreciation of 2.08% over the same duration. This pricing structure offers buyers a choice between immediate occupancy and the potential price benefits of investing in a project that is still being developed.

The projects with the highest listing rates in Faizabad Road as of Sep 2026 include Shalimar Mannat at ₹6,050 per sq ft, which has appreciated by 0.25%, and Anam Enclave at ₹5,650 per sq ft, which has remained stable. Other prominent projects include Rohtas Enclave at ₹5,150 per sq ft (up 5.59%) and Marigold Apartments at ₹5,100 per sq ft (up 6.46%). These rates provide a benchmark for the premium segment within the locality.

Buyers should use the property rate data for Faizabad Road to identify value and market direction. By comparing the average asking price of ₹3,500 per sq ft with project-specific rates and status-wise pricing (such as the ₹4,300 per sq ft for Ready To Move units), investors can determine if a project is priced competitively. Always consider the appreciation or depreciation trends, such as the 28.78% depreciation in apartment prices, to understand the current market sentiment before finalizing a purchase.