As of March 2026, the average asking price in Hazratganj, Lucknow is ₹5,977 per sq ft. This represents a depreciation of 8.45% from the rate recorded in December 2025, when the average asking price was ₹6,529 per sq ft. This recent downward trend may indicate a market correction or an increase in available inventory.
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Property Rates in Hazratganj, Lucknow
Comprehensive Market Snapshot
Hazratganj in Lucknow presents an average asking price of ₹5,977 per sq ft, with no reported registration rates. The rental market indicates an average rental rate of ₹19 per sq ft and a rental yield of 3.81%. Residential apartments are a significant segment, with 1 BHK units averaging ₹27,167 per month, 2 BHKs at ₹31,970, 3 BHKs at ₹36,773, and 4 BHKs at ₹45,333. Notable projects contributing to the market's profile include Jewel Apartment and Eldeco Heritage, among others, reflecting a dynamic real estate environment.
- The average asking price in Hazratganj stands at ₹5,977 per sq ft.
- Rental yield in the area is reported at 3.81%.
- 1 BHK apartments in Hazratganj are fetching an average rent of ₹27,167 per month.
- The property market includes office spaces averaging ₹10,769 per sq ft, villas at ₹8,015 per sq ft, and apartments at ₹5,977 per sq ft.
- Ready To Move properties average ₹5,491 per sq ft, indicating a healthy supply of ready inventory.
- Asking Sale Price₹ 5,977 /sq.ft
- Average Rental₹ 19 /sq.ft
- Rental Yield3.81 %
Property Price Trends in Hazratganj, Lucknow
The asking price for properties in Hazratganj is projected to be ₹5,977 per sq ft by March 2026. This follows a period of fluctuation, with rates at ₹6,529 per sq ft in December 2025 and ₹5,339 in September 2025. The market anticipates a slight decrease to ₹5,977 per sq ft by March 2026, indicating a stabilizing trend after recent variations.
Hazratganj's real estate market caters to diverse buyer preferences across property categories. Office spaces lead the premium segment at ₹10,769 per sq ft, experiencing a slight decrease of -0.29%. Residential options include villas priced at ₹8,015 per sq ft with no change, and apartments at ₹5,977 per sq ft showing a notable decrease of -8.45%. This mix reflects varied investment appetites and demand across commercial and residential segments.
The Hazratganj market offers properties across various development stages. Ready To Move inventory, comprising 16 units, averages ₹5,491 per sq ft with a slight increase of 0.39%, appealing to immediate occupancy seekers. Under Construction projects present 1 opportunity at ₹5,489 per sq ft, indicating stable pricing. Well Occupied properties are available with 1 unit at ₹4,984 per sq ft, reflecting a balanced supply mix that enables buyers to align with their possession timelines.
Within Hazratganj, diverse micro-markets present varied property values. Butler Colony stands out with an average rate of ₹8,429 per sq ft, reflecting a premium positioning. Nishat Ganj follows at ₹7,482 per sq ft, while The Mall Avenue commands a higher ₹9,888 per sq ft. In contrast, areas like Aminabad offer more accessible options, averaging ₹4,044 per sq ft, and Husainganj is priced at ₹4,895 per sq ft. This spread highlights significant price differentiation across neighborhoods within Hazratganj.
Project and Developer Insights
Premium residential developments in Hazratganj are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Jewel Apartment in Lucknow Central is priced at ₹6,544 per sq ft with no change, setting a high-value benchmark. Eldeco Heritage at ₹6,388 per sq ft shows a slight increase of 0.54%, while Eldeco Empereur offers positioning at ₹6,191 per sq ft with a -1.4% change. These top-tier developments represent the aspirational segment of the market.
Among top rental projects in Hazratganj, Jugals Emerald Court is listed at ₹21 per sq ft with no change, while Rizvi Apartments averages ₹20 per sq ft, showing a -9.09% change. BCC Residency is at ₹19 per sq ft with a notable 26.67% increase. Jewel Apartment and Gulmohar Apartments Hazratganj are both priced at ₹18 per sq ft, with a -5.26% change each.
Property Rental Trends in Hazratganj, Lucknow
In Hazratganj's rental market, demand is evident across all BHK configurations for residential apartments. 1 BHK units average ₹27,167 per month, while 2 BHKs command ₹31,970 per month. Larger 3 BHK apartments are rented out at an average of ₹36,773 per month, and 4 BHK units represent the higher end at ₹45,333 per month.
Rental rates vary across Hazratganj's locales, with Butler Colony showing an average of ₹21 per sq ft. Lalbagh is priced at ₹18 per sq ft, while Jankipuram averages ₹15 per sq ft. The Mall Avenue commands ₹20 per sq ft, and Husainganj is at ₹19 per sq ft, though it has seen a significant -17.39% change. Faizabad Road averages ₹16 per sq ft, and Vipul Khand is at ₹8 per sq ft.
Hazratganj's rental market shows distinct trends for different property types. Office spaces lead with an average rental rate of ₹52 per sq ft, despite a -10.34% change. Apartments, a key residential segment, are averaging ₹19 per sq ft, experiencing a more significant decrease of -13.64%.
FAQs about Property Rates in Hazratganj, Lucknow
Property prices in Hazratganj, Lucknow have shown some fluctuation over the past year. From June 2025 to March 2026, the average location rate decreased from ₹5,552 per sq ft to ₹5,977 per sq ft, marking a dip. However, looking at the micromarket rate within Hazratganj, it remained stable at ₹10,239 per sq ft from June 2025 until December 2025, before dropping to ₹5,977 per sq ft in March 2026, suggesting varied dynamics across different segments of the market.
Property rates in Hazratganj, Lucknow show considerable variation across its neighborhoods as of March 2026. Butler Colony leads with an average rate of ₹8,429 per sq ft, appreciating by 4.31% from the previous period. The Mall Avenue is also a premium area with an average rate of ₹9,888 per sq ft. In contrast, Aminabad offers more affordable options at ₹4,044 per sq ft, while Faizabad Road has seen a depreciation of 7.55% to ₹4,886 per sq ft.
As of March 2026, the average price for an apartment in Hazratganj, Lucknow is ₹5,977 per sq ft, which has depreciated by 8.45% from the previous period. Office spaces are priced higher, averaging ₹10,769 per sq ft with a slight depreciation of 0.29%. Villas in the area are priced at ₹8,015 per sq ft, showing no change in their average price.
As of March 2026, Ready To Move properties in Hazratganj, Lucknow are priced at an average of ₹5,491 per sq ft, showing a slight appreciation of 0.39%. Under Construction properties are priced very similarly at ₹5,489 per sq ft, with no recorded change. Well Occupied properties are priced at ₹4,984 per sq ft. The close pricing between Ready To Move and Under Construction suggests a stable market for both segments.
As of March 2026, among the projects listed, The Mall Avenue stands out with the highest average listing rate at ₹9,888 per sq ft. Following this is Butler Colony at ₹8,429 per sq ft. Eldeco Heritage is priced at ₹6,388 per sq ft, having appreciated by 0.54%. Jewel Apartment is listed at ₹6,544 per sq ft with no change. Levana The Grand Bharawan has seen a significant depreciation of 23.65%, with its current rate at ₹6,089 per sq ft.
The average rental rate in Hazratganj, Lucknow is ₹19 per sq ft as of March 2026. The area offers a rental yield of 3.81%, which suggests the potential return on investment for property owners. A yield of 3.81% indicates that rental income contributes moderately to the overall returns when compared to capital appreciation.
In Hazratganj, Lucknow, rental rates vary significantly by BHK configuration. As of March 2026, a 1 BHK apartment typically rents for ₹27,167 per month, while a 2 BHK commands ₹31,970 per month. For larger families or premium rentals, a 3 BHK averages ₹36,773 per month, and a 4 BHK can be rented for approximately ₹45,333 per month. This progression shows increasing demand and value for larger living spaces.
Rental rates in Hazratganj, Lucknow vary across its neighborhoods as of March 2026. Butler Colony has the highest average rental rate at ₹21 per sq ft. The Mall Avenue follows closely at ₹20 per sq ft. Husainganj has seen a notable depreciation in rental rates by 17.39%, now averaging ₹19 per sq ft. Aliganj also experienced a decrease of 16.67%, with current rates at ₹25 per sq ft, while Indira Nagar shows an appreciation of 14.29% to ₹16 per sq ft.
As of March 2026, apartments in Hazratganj, Lucknow have an average rental rate of ₹19 per sq ft, which has depreciated by 13.64%. Office spaces are considerably higher, averaging ₹52 per sq ft, and have seen a depreciation of 10.34%. This indicates that while apartments are more accessible for renters, office spaces represent a higher-value rental segment in the area.
As of March 2026, Jugals Emerald Court in Hazratganj, Lucknow leads with a current rental rate of ₹21 per sq ft, showing no change. Rizvi Apartments follows at ₹20 per sq ft, having depreciated by 9.09%. BCC Residency is listed at ₹19 per sq ft, with a significant appreciation of 26.67%. Jewel Apartment and Gulmohar Apartments Hazratganj are both at ₹18 per sq ft, each having depreciated by 5.26%.
The overall average asking price in Hazratganj, Lucknow stands at ₹5,977 per sq ft as of March 2026. This figure is lower than some of the prominent micromarkets within or associated with the broader Hazratganj area, such as Butler Colony (₹8,429 per sq ft) and The Mall Avenue (₹9,888 per sq ft). This suggests that while the central Hazratganj average might be influenced by a mix of properties, specific micromarkets command higher price points.
In Hazratganj, Lucknow, the data indicates that the Government Registration Rate is ₹0 per sq ft as of March 2026. This is significantly lower than the average asking price of ₹5,977 per sq ft. The substantial difference suggests that the listed asking prices are market-driven and do not directly reflect government-mandated registration values, which might be nominal or not captured in this dataset for this specific period.