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Property Rates in Hazratganj, Lucknow

Comprehensive Market Snapshot

The Hazratganj real estate market in Lucknow presents a dynamic landscape with an average asking price of ₹5,977 per sq ft. While quarterly price trends have shown some fluctuations, property types like office spaces command premium rates. The market features a healthy mix of ready-to-move apartments, along with a few under-construction and well-occupied units, catering to varied buyer preferences. Top projects in the area contribute to its appeal, offering diverse options for prospective buyers and investors.

  • Asking Sale Price₹ 5,977 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Recent Transactions
  • Other Property Rates

Insights for Hazratganj, Lucknow Real Estate Market

Hazratganj, a prominent locality in Lucknow, showcases a diverse and evolving real estate market. The average asking price for properties here stands at ₹5,977 per sq ft. Analyzing quarterly price trends reveals a fluctuating pattern; from March 2025's peak at ₹8,189 per sq ft, rates saw a dip to ₹5,339 per sq ft by September 2025, before recovering slightly to ₹6,529 per sq ft in December 2025. This indicates a period of adjustment followed by some stabilization. In terms of property types, office spaces are the most expensive, averaging ₹10,769 per sq ft, while villas are priced at ₹8,015 per sq ft. Apartments, which represent a significant portion of the market, average ₹5,977 per sq ft but have experienced an 8.45% decline, suggesting a potential buying opportunity. The market is well-supplied with ready-to-move properties, totaling 16 units at an average of ₹5,491 per sq ft, indicating quick possession options. Nearby localities such as The Mall Avenue command higher prices at ₹9,888 per sq ft, whereas Aminabad offers more affordable options at ₹4,044 per sq ft, positioning Hazratganj as a mid-to-high range investment destination. Key projects like Eldeco Heritage and Shri Balaji BCC Residency are actively shaping the locality's profile, offering modern living spaces.

Market Strengths Market Strengths
  • Hazratganj is a well-established and prime locality in Lucknow, attracting consistent buyer interest.
  • The presence of diverse property types, including office spaces, villas, and apartments, caters to a broad spectrum of buyers and investors.
  • Availability of multiple ready-to-move properties (16 units) offers immediate possession and reduces investment risk for end-users.
  • Proximity to higher-value localities like The Mall Avenue (₹9,888 per sq ft) can positively influence property values in Hazratganj.
  • The market features several established projects by known developers, providing reliability and quality construction.
Market Challenges Market Challenges
  • The fluctuating quarterly price trends, particularly the dip from March to September 2025, suggest market volatility.
  • The significant 8.45% price decline in apartments could indicate oversupply or reduced demand in this specific property type.
  • Lack of rental rate data makes it difficult to assess the investment potential for rental income.
  • The absence of government registration data prevents a clear understanding of actual transaction volumes and market liquidity.
  • Limited inventory in 'Under Construction' and 'Well Occupied' categories (only one unit each) restricts options for buyers seeking specific development stages.
Investment Opportunities Investment Opportunities
  • Consider investment in office spaces, which command the highest average price of ₹10,769 per sq ft, indicating strong commercial demand.
  • The 8.45% decline in apartment prices could present a buying opportunity for investors looking for value in a central location.
  • Focus on ready-to-move properties, which constitute the majority of available units (16 units) and show a slight price increase, offering potential for immediate returns.
  • Explore projects like Eldeco Heritage which have shown positive price changes (+0.54%), suggesting stable or growing value.
  • Investigate areas like Butler Colony, which has seen a 4.31% price increase, indicating strong local demand and potential for appreciation.
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Property Price Trends in Hazratganj, Lucknow

Asking Price Trends

Hazratganj's property market has witnessed notable price movements over recent quarters. Starting strong at ₹8,189 per sq ft in March 2025, the average location rate saw a significant adjustment, falling to ₹5,339 per sq ft by September 2025. However, the market demonstrated resilience, with prices recovering to ₹6,529 per sq ft by December 2025, suggesting a period of correction followed by renewed interest.

Quarter City Rate
Dec 2025 6529
Sep 2025 5339
Jun 2025 5552
Mar 2025 8189
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Price Trends by Property Type

Hazratganj's real estate market caters to diverse buyer preferences across property categories. Commercial office spaces lead the premium segment, averaging ₹10,769 per sq ft. Residential options include villas, priced attractively at ₹8,015 per sq ft. Apartments, a popular choice, average ₹5,977 per sq ft, although they have seen an 8.45% decline, potentially offering a valuable entry point for buyers.

Type Rate (₹/sq.ft) Change %
Office Space 10,769 -0.29
Villa 8,015 -
Apartment 5,977 -8.45
Price Trends by Project Status

The Hazratganj market offers properties across various development stages, catering to different buyer timelines. Ready To Move inventory dominates the supply, with 16 units available at an average of ₹5,491 per sq ft, showing a modest 0.39% increase. This appeals to immediate occupancy seekers. Additionally, there is limited availability in both the Well Occupied and Under Construction segments, each with one unit, priced at ₹4,984 per sq ft and ₹5,489 per sq ft respectively, providing niche options for specific buyer needs.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 17 5,461 0.37
Under Construction 1 5,489 -
Price Trends by Localities

The real estate landscape around Hazratganj offers a diverse range of pricing. The Mall Avenue stands out with premium rates, commanding an average of ₹9,888 per sq ft. Meanwhile, Butler Colony also presents a higher-end option at ₹8,429 per sq ft, having seen a 4.31% increase. For more budget-friendly choices, Aminabad offers properties around ₹4,044 per sq ft, and Lalbagh is priced at ₹5,182 per sq ft. Hazratganj, with its average of ₹5,977 per sq ft, positions itself as a well-located, mid-range option compared to its neighbors.

Location Rate (₹/sq.ft) Change %
Butler Colony 8,429 4.3
Nishat Ganj 7,482 -
Lalbagh 5,182 -
Jankipuram 5,535 -0.5
New Hyderabad 6,424 -
Hasanganj 6,780 -
The Mall Avenue 9,888 -
Aminabad 4,044 -
Husainganj 4,895 -
Faizabad Road 5,058 -4.3

Project and Developer Insights

Top Projects in Hazratganj
Protostar Celestia is the top project in Hazratganj.
Protostar Celestia Price On Request
  • Lucknow Central, Lucknow
Seventh The Woods Kohinoor ₹ 78 L - ₹ 1.30 Cr
  • Lucknow Central, Lucknow
BP DPS Palladio ₹ 1.09 Cr - ₹ 1.66 Cr
  • Lucknow East, Lucknow
Pintail Park City ₹ 1.08 Cr - ₹ 1.66 Cr
  • Lucknow East, Lucknow
Rudra Vardaan Heights ₹ 32.81 L - ₹ 54.31 L
  • Lucknow South, Lucknow
Omega Suraksha Enclave Price On Request
  • Lucknow South, Lucknow
Pardos Okas Residency ₹ 63.04 L - ₹ 80.75 L
  • Lucknow South, Lucknow
Rishita Mulberry Heights ₹ 1.02 Cr - ₹ 1.73 Cr
  • Lucknow South, Lucknow
Amrawati IT City ₹ 4.58 Cr - ₹ 5.45 Cr
  • Lucknow East, Lucknow
Emaar Elite Oasis ₹ 2.75 Cr - ₹ 4.08 Cr
  • Lucknow East, Lucknow
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New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential developments in Hazratganj are commanding significant asking prices, reflecting their quality and prime locations. Jewel Apartment leads the segment with an average listing rate of ₹6,544 per sq ft. Eldeco Heritage follows closely at ₹6,388 per sq ft, having seen a slight increase of 0.54%. Eldeco Empereur, another notable project, is priced at ₹6,191 per sq ft. These top-tier developments, including Shri Balaji BCC Residency and Gulmohar Apartments, represent the aspirational segment of the market, offering diverse choices for discerning buyers.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Jewel Apartment 6,544 -
Eldeco Heritage 6,388 0.5
Eldeco Empereur 6,191 -1.4
Levana The Grand Bharawan 6,089 -23.6
Shri Balaji Bcc Residency 5,750 6.8
Gulmohar Apartments 5,600 -
Shri Balaji Bcc Residency 5,489 -
Rmpl Shiva Palace 5,489 -
Coronation Amy Villa 5,489 -
Gomti Enclave 5,409 -2.1
Top Developers in Lucknow
Eldeco leads in Lucknow with 46 projects and 35 years of experience.
DLF
Eldeco ₹ 12.74 L - ₹ 2.27 Cr
  • 46 Projects
  • 35 Years
DLF
Shalimar Corp Limited ₹ 7.43 L - ₹ 3.89 Cr
  • 39 Projects
  • 34 Years
DLF
Rohtas Builder ₹ 40.8 L - ₹ 44 L
  • 22 Projects
  • 25 Years
DLF
Shri Balaji Construction ₹ 11.22 L - ₹ 1.2 Cr
  • 14 Projects
  • 19 Years
DLF
Viraj Constructions Pvt Ltd ₹ 24.75 L - ₹ 1.08 Cr
  • 8 Projects
  • 14 Years
DLF
Levana Group ₹ 43.07 L - ₹ 2.15 Cr
  • 4 Projects
DLF
Gomti Developers
  • 1 Projects
DLF
Jugals Kishore Coloniser ₹ 1.19 Cr - ₹ 1.19 Cr
  • 1 Projects
DLF
The Coronation Group
  • 1 Projects
DLF
Ashirwad Real Developers ₹ 1.32 Cr - ₹ 1.68 Cr
  • 1 Projects
View More

Recent Registered Transactions in Hazratganj

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-03-15 Floor 4, Unit 405 E 430 Sq.Ft. 4146250 🔒
2025-02-22 Floor 5, Unit 504 B 442 Sq.Ft. 2390745 🔒
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