Property Rates in Hazratganj, Lucknow 2026

Property price trends in Hazratganj have shown volatility throughout 2026. The micromarket rate was ₹6,000 per sq ft in March 2026, rose to ₹8,400 per sq ft by June 2026, and reached ₹9,700 per sq ft by September 2026. This upward trajectory suggests a significant increase in demand or a shift in the quality of inventory being listed in the market over the last two quarters.

As of September 2026, property rates in Hazratganj differ significantly by asset class. Office spaces are priced at ₹10,750 per sq ft, having depreciated by 0.29% compared to the prior period. Villas are priced at ₹8,000 per sq ft with stable pricing, while apartments are currently at ₹6,000 per sq ft, reflecting a depreciation of 8.45% over the same comparison period.

As of September 2026, Ready To Move projects in Hazratganj command an average price of ₹6,100 per sq ft, which has appreciated by 8.15% compared to the previous period. In contrast, Under Construction projects are priced at ₹5,600 per sq ft, showing an appreciation of 7.87% over the same timeframe. This indicates that buyers are currently paying a premium for immediate possession properties.

The average rental yield in Hazratganj is 3.80% as of September 2026. This yield, derived from an average rental rate of ₹19 per sq ft, provides investors with a baseline to evaluate the income potential of their residential assets relative to the current average asking price of ₹6,000 per sq ft. A yield of 3.80% is a key metric for investors looking to balance capital appreciation with consistent rental income.

Rental rates in Hazratganj scale with unit size as of September 2026. A 1 BHK apartment typically rents for ₹15,000 per month, a 2 BHK for ₹24,600 per month, a 3 BHK for ₹36,100 per month, and a 4 BHK for ₹47,000 per month. These figures help tenants and investors understand the monthly cash flow expectations for different apartment sizes within the locality.

As of September 2026, the top projects by rent in Hazratganj include Jugals Emerald Court at ₹21 per sq ft (stable pricing), Rizvi Apartments at ₹20 per sq ft (which depreciated by 9.09% compared to the previous period), and BCC Residency at ₹19 per sq ft (which appreciated by 26.67% compared to the previous period). These projects represent the premium rental segment in the area, offering varied rental performance for property owners.

Rental rates in Hazratganj vary significantly by property type as of September 2026. Showrooms command the highest rent at ₹150 per sq ft, having appreciated by 6.72% compared to the previous period. Office spaces are renting at ₹50 per sq ft, reflecting a 13.73% appreciation, while apartments are also at ₹50 per sq ft with stable pricing over the same period.

Property rates in Hazratganj, currently at ₹6,000 per sq ft, sit in the mid-to-high range when compared to other Lucknow areas. For instance, Butler Colony commands a higher rate of ₹10,750 per sq ft (stable pricing), while Sultanpur Road is priced at ₹6,250 per sq ft (which appreciated by 13.83% from the previous period). Meanwhile, Jankipuram and Faizabad Road are more affordable, at ₹5,500 per sq ft (depreciated by 0.4%) and ₹3,500 per sq ft (depreciated by 28.78%), respectively.

As of September 2026, premium projects in Hazratganj include Ashirwad Aashiyana and Levana The Grand Bharawan, both listed at ₹8,000 per sq ft. Ashirwad Aashiyana has seen a significant appreciation of 47.09% compared to the previous period, while Levana The Grand Bharawan appreciated by 26.65%. Other notable projects include Eldeco Empereur at ₹7,450 per sq ft, which appreciated by 27.52% over the same timeframe.