Property rates in Faizabad Road average ₹3,500 per sq ft. This area shows a dynamic real estate landscape, with rental yields reaching an attractive 5.83%. Investors and homebuyers can find diverse options, ranging from villas priced at an average of ₹5,000 per sq ft to apartments at ₹3,500 per sq ft. The market remains active, supported by a healthy mix of ready-to-move projects and ongoing developments that cater to varying buyer preferences.
Insights for Faizabad Road, Lucknow Real Estate Market Overview
The real estate market on Faizabad Road presents a blend of residential opportunities, characterized by competitive entry-level pricing for apartments and premium valuations for villas. Rental activity remains robust, bolstered by a 5.83% rental yield that attracts income-focused investors. While property rates have seen shifts across different quarters, the presence of established projects like Shalimar Mannat and Anam Enclave provides stability to the locality. Current market trends suggest a steady interest in both ready-to-move units and specific residential clusters, reflecting a maturing infrastructure.
Apartments on Faizabad Road are priced at an average of ₹3,500 per sq ft, while villas command a higher average of ₹5,000 per sq ft.
The average rental rate in the area is ₹17 per sq ft, with 4 BHK apartments attracting monthly rents of approximately ₹34,700.
Ready-to-move projects feature 26 available units, maintaining a strong presence in the local housing supply.
Rental yields are notably strong at 5.83%, highlighting the area's potential for consistent rental income.
Top-tier projects such as Shalimar Mannat and Anam Enclave continue to lead the market with listing rates of ₹6,050 per sq ft and ₹5,650 per sq ft respectively.
Market Strengths
A healthy rental yield of 5.83% positions Faizabad Road as a reliable location for buy-to-let investors.
The diversity of property types, from affordable apartments to high-growth villas, ensures a wide buyer base.
Established projects like Shalimar Mannat and Anam Enclave provide a sense of security and brand value to the locality.
Consistent demand for 3 BHK and 4 BHK apartments supports a steady rental market with monthly returns up to ₹34,700.
The availability of 26 ready-to-move units provides immediate options for buyers wary of construction delays.
Market Challenges
Apartment segments have experienced a price adjustment of -28.78%, reflecting a softening in that specific category.
Ready-to-move inventory has seen a price change of -7.16%, which may influence short-term capital growth expectations.
Under-construction projects are currently seeing a price trend of -2.08%, suggesting a cautious market sentiment for new launches.
Rental rates in several nearby areas like Aliganj and Indira Nagar have faced double-digit percentage declines, impacting regional rental growth.
Investment Opportunities
The 5.83% rental yield offers a strong incentive for investors looking for recurring monthly income from residential properties.
4 BHK apartments generate a competitive average monthly rent of ₹34,700, making them a premium choice for rental portfolios.
Villas on Faizabad Road have seen a significant 46.72% growth, indicating high appreciation potential for luxury segments.
Ready-to-move units currently provide 26 options for immediate occupancy, reducing the wait time for potential landlords.
Top Localities in Faizabad Road, Lucknow
Butler Colony
Avg Price₹ 10,750 /Sq.Ft.
Avg Rent₹ 21 /Sq.Ft.
YIELD
+ 2.34
LISTINGS
14
Mahanagar
Avg Price₹ 9,850 /Sq.Ft.
LISTINGS
6
Khurram Nagar
Avg Price₹ 3,500 /Sq.Ft.
LISTINGS
3
Price Trend
Faizabad Road, Lucknow Property Price Trends and Appreciation
The market on Faizabad Road has navigated fluctuations, with recent quarterly rates settling at ₹3,500 per sq ft. This follows a period where rates saw variations, reflecting the natural ebb and flow of property demand in the Lucknow region. Such trends highlight the importance of timing for potential buyers looking to enter this growing corridor.
Faizabad Road stands as a focal point within Lucknow, surrounded by diverse neighborhoods that offer varied price points. Nearby areas like Butler Colony command a premium at ₹10,750 per sq ft, while Gomti Nagar continues to be a high-value hub averaging ₹12,350 per sq ft. In contrast, Indira Nagar offers a more accessible entry point at ₹4,750 per sq ft, providing buyers with options that cater to different budget requirements.
Faizabad Road's real estate market caters to diverse buyer preferences across property categories. Residential options span from villas priced at ₹5,000 per sq ft to apartments at ₹3,500 per sq ft, which has seen a change of -28.78%. This range allows investors and homeowners to select properties that align with their long-term financial goals.
The Faizabad Road market offers properties across various development stages, catering to different buyer timelines. Ready-to-move inventory, comprising 26 units, averages ₹4,300 per sq ft, appealing to those seeking immediate possession. Additionally, under-construction projects present opportunities at ₹4,050 per sq ft, allowing buyers to choose based on their preferred delivery schedule.
Project & Developer Insights
Top Residential Projects and Developers in Faizabad Road
Top Projectsin Faizabad Road
Shalimar Mannat is the top project in Faizabad Road with prices from ₹ 59.90 Lac to 84.09 Lac.
Shalimar Mannat
₹ 59.89 L - ₹ 84.09 L
Lucknow East, Lucknow
BP DPS Palladio
₹ 1.05 Cr - ₹ 1.63 Cr
Lucknow East, Lucknow
Emaar Elite Oasis
₹ 2.75 Cr - ₹ 4.08 Cr
Lucknow East, Lucknow
Shalimar One World Marbella
₹ 1.42 Cr - ₹ 2.23 Cr
Lucknow East, Lucknow
Shalimar Twenty One
₹ 2.29 Cr - ₹ 2.38 Cr
Lucknow East, Lucknow
Shalimar Sky Garden
₹ 2.4 Cr - ₹ 3.74 Cr
Lucknow East, Lucknow
Amrawati Midtown
₹ 80.1 L - ₹ 1.72 Cr
Lucknow East, Lucknow
Shalimar One World Valencia Tower
₹ 2.64 Cr - ₹ 2.91 Cr
Lucknow East, Lucknow
Shalimar One World Whispering Woods
₹ 3.07 Cr - ₹ 3.51 Cr
Lucknow East, Lucknow
Shalimar One World Valencia County
Price On Request
Lucknow East, Lucknow
View More
New Launch
Under Construction
Ready to Move
Top Developersin Lucknow
Shalimar Corp Limited leads in Lucknow with 39 projects and 34 years of experience.
Shalimar Corp Limited
₹ 24.27 L - ₹ 25.34 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
Shri Balaji Construction
₹ 11.22 L - ₹ 1.2 Cr
14 Projects
19 Years
Kanchhal Group
₹ 32.2 L - ₹ 45.5 L
11 Projects
7 Years
Viraj Constructions Pvt Ltd
₹ 24.75 L - ₹ 1.08 Cr
8 Projects
14 Years
Samriddhi Builders
7 Projects
6 Years
Aftek Group
₹ 24 L - ₹ 55.32 L
6 Projects
17 Years
Lakshya realinfra
₹ 52.18 L - ₹ 92 L
6 Projects
11 Years
Samiah International Builders
₹ 45.5 L - ₹ 78.75 L
Premium residential developments on Faizabad Road are commanding significant asking prices, reflecting their quality and location. Leading the segment, Shalimar Mannat is priced at ₹6,050 per sq ft with a 0.25% change, while Anam Enclave follows at ₹5,650 per sq ft. Other notable projects like Rohtas Enclave and Marigold Apartments further solidify the area's reputation for established, high-value living options.
Top projects for renters include Silver City, which commands ₹22 per sq ft, and Crystal View Apartment at ₹21 per sq ft. Other developments like Spring Greens Phase I have seen a notable 38.46% increase in rental rates, reflecting rising demand in specific gated communities.
Rental Trends
Rental Trends and Average Rent in Faizabad Road, Lucknow
Rental demand on Faizabad Road is well-distributed, with 2 BHK apartments averaging ₹22,150 per month. Those seeking more space can opt for 3 BHK units at ₹24,350 per month, while 4 BHK residences command a premium at ₹34,700 per month. Rental rates in the broader region show varied performance, with areas like Gomti Nagar seeing a 5% increase. Meanwhile, locations such as Aliganj and Indira Nagar have experienced significant downward pressure, with rates dropping by -44% and -31.25% respectively. The rental market is dominated by apartments, which have seen a 6.25% increase in rates. Office spaces remain stable, maintaining an average rental rate of ₹50 per sq ft across the board. Top projects for renters include Silver City, which commands ₹22 per sq ft, and Crystal View Apartment at ₹21 per sq ft. Other developments like Spring Greens Phase I have seen a notable 38.46% increase in rental rates, reflecting rising demand in specific gated communities.
Rental demand on Faizabad Road is well-distributed, with 2 BHK apartments averaging ₹22,150 per month. Those seeking more space can opt for 3 BHK units at ₹24,350 per month, while 4 BHK residences command a premium at ₹34,700 per month.
Rental rates in the broader region show varied performance, with areas like Gomti Nagar seeing a 5% increase. Meanwhile, locations such as Aliganj and Indira Nagar have experienced significant downward pressure, with rates dropping by -44% and -31.25% respectively.
The rental market is dominated by apartments, which have seen a 6.25% increase in rates. Office spaces remain stable, maintaining an average rental rate of ₹50 per sq ft across the board.
Frequently Asked Questions About Property Rates in Faizabad Road, Lucknow
What is the current average asking price in Faizabad Road, Lucknow?
As of June 2026, the average asking price in Faizabad Road is ₹3,500 per sq ft. This figure reflects a depreciation of 28.78% compared to the previous period, indicating a market correction in the area. Buyers and investors should note that this price point is based on a residential apartment market with 583 active listings.
How have property price trends evolved on Faizabad Road recently?
Property price trends on Faizabad Road have shown significant volatility over the last few quarters. While the location rate stood at ₹3,500 per sq ft in June 2026, it was recorded at ₹4,900 per sq ft in March 2026, ₹5,450 per sq ft in December 2025, and ₹5,300 per sq ft in September 2025. This downward trajectory in the most recent quarter suggests a shift in market dynamics that potential buyers should evaluate before finalizing investment decisions.
How do property prices compare between villas and apartments on Faizabad Road?
As of June 2026, villas on Faizabad Road command an average price of ₹5,000 per sq ft, having appreciated by 46.72% over the observed period. In contrast, apartments are priced at an average of ₹3,500 per sq ft, which represents a depreciation of 28.78% compared to the previous period. This price gap highlights a strong preference or supply-side premium for villa-style living in this locality.
What is the price difference between Ready To Move and Under Construction projects on Faizabad Road?
As of June 2026, Ready To Move projects on Faizabad Road are priced at an average of ₹4,300 per sq ft, which reflects a depreciation of 7.16% compared to the previous period. Meanwhile, Under Construction projects are available at an average of ₹4,050 per sq ft, showing a depreciation of 2.08% over the same timeframe. The proximity in pricing between these two statuses suggests a relatively balanced market for immediate occupancy versus future delivery.
What is the average rental yield and rental rate on Faizabad Road?
As of June 2026, the average rental rate on Faizabad Road is ₹17 per sq ft, which has appreciated by 6.25% compared to the previous period. The area offers a rental yield of 5.83%, a key metric for investors to assess the potential income generation relative to the capital investment required for property acquisition in this locality.
What are the typical monthly rents for different BHK configurations on Faizabad Road?
As of June 2026, rental rates on Faizabad Road vary by unit size: 2 BHK apartments average ₹22,150 per month, 3 BHK units average ₹24,350 per month, and 4 BHK apartments command an average of ₹34,700 per month. These figures provide a clear benchmark for tenants and landlords to understand the monthly rental expectations for different residential space requirements.
Which projects on Faizabad Road currently command the highest rental rates?
As of June 2026, premium rental projects on Faizabad Road include Silver City at ₹22 per sq ft, Crystal View Apartment at ₹21 per sq ft, and Amna Rolex Estate at ₹18 per sq ft. While Silver City has seen stable rates with 0% change, Crystal View Apartment experienced a depreciation of 4.55%, and Amna Rolex Estate saw a depreciation of 5.26% compared to the previous period, reflecting the specific demand dynamics for these premium residential complexes.
How do property prices on Faizabad Road compare to nearby localities in Lucknow?
Property rates vary significantly across Lucknow as of June 2026. While Faizabad Road averages ₹3,500 per sq ft, other areas show higher valuations: Butler Colony stands at ₹10,750 per sq ft (stable at 0% change), Gomti Nagar at ₹12,350 per sq ft (appreciating by 70.36%), and Jankipuram at ₹5,500 per sq ft (depreciating by 0.4%). These comparisons help investors identify which micromarkets offer higher capital value or growth potential.
What are some of the top projects on Faizabad Road by listing rates?
As of June 2026, top projects by listing rates on Faizabad Road include Shalimar Mannat at ₹6,050 per sq ft (appreciating by 0.25%) and Anam Enclave at ₹5,650 per sq ft (stable at 0% change). Other notable projects include Rohtas Enclave at ₹5,150 per sq ft, which has appreciated by 5.59%, and Marigold Apartments at ₹5,100 per sq ft, which has appreciated by 6.46% compared to the previous period.
How should an investor interpret the rental yield data for Faizabad Road?
An investor should view the 5.83% rental yield on Faizabad Road as a measure of the annual return on investment from rental income. When combined with the current average sale price of ₹3,500 per sq ft and the 6.25% appreciation in rental rates observed as of June 2026, this yield provides a snapshot of the income-generating potential of residential assets in this locality compared to the cost of purchase.