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.