Property rates in Hazratganj average ₹6,000 per sq ft. The market has seen a recent adjustment, with prices softening from a peak of ₹6,550 per sq ft in late 2025. Despite this, the area maintains a robust rental yield of 3.80%, anchored by consistent demand for both residential apartments and commercial office spaces. Premium developments like Ashirwad Aashiyana continue to command values up to ₹8,000 per sq ft, reflecting the enduring prestige of this central location.
Insights for Hazratganj, Lucknow Real Estate Market Overview
Hazratganj serves as a primary hub in Lucknow, balancing established residential charm with significant commercial utility. Price trends indicate a recent correction, shifting from ₹6,550 per sq ft in the final quarter of 2025 to the current ₹6,000 per sq ft mark. The rental market remains a key driver for investors, supported by a yield of 3.80% and a wide range of residential options. Ongoing development projects provide a mix of ready-to-move and under-construction inventory, ensuring steady market activity.
Current average asking prices for apartments are steady at ₹6,000 per sq ft.
Rental rates for apartments hold at ₹50 per sq ft, while showroom spaces command a premium at ₹100 per sq ft.
Ready-to-move projects are currently priced at an average of ₹6,100 per sq ft, reflecting an 8.15% growth.
Top-tier projects like Ashirwad Aashiyana and Levana The Grand Bharawan are valued at ₹8,000 per sq ft.
Rental yields reach 3.80%, with 4 BHK units averaging a monthly rent of ₹47,000.
Market Strengths
High rental demand for 4 BHK units with average monthly rents of ₹47,000.
Strong premium segment with top-tier projects reaching ₹8,000 per sq ft.
Consistent rental performance for showroom spaces with a 21.43% YoY increase.
Significant growth in ready-to-move project valuations at 8.15%.
Stable rental yield of 3.80% for residential assets.
Market Challenges
Apartment prices have seen a recent adjustment of -8.45%.
Office space sales rates experienced a slight decline of -0.29%.
Well-occupied project pricing decreased by -2.68%.
Investment Opportunities
Rental yields of 3.80% offer a consistent return for residential investors.
Showroom spaces in the area command high rental rates of ₹100 per sq ft, showing a 21.43% growth.
Ready-to-move properties show an 8.15% price appreciation, signaling strong demand for immediate occupancy.
Under-construction projects at ₹5,600 per sq ft provide an entry point with a 7.87% growth trend.
Top Localities in Hazratganj, Lucknow
Butler Colony
Avg Price₹ 10,750 /Sq.Ft.
Avg Rent₹ 21 /Sq.Ft.
YIELD
+ 2.34
LISTINGS
14
Lalbagh
Avg Price₹ 5,200 /Sq.Ft.
LISTINGS
40
The Mall Avenue
Avg Price₹ 9,900 /Sq.Ft.
LISTINGS
2
Nishat Ganj
Avg Price₹ 7,500 /Sq.Ft.
LISTINGS
2
Hasanganj
Avg Price₹ 6,800 /Sq.Ft.
LISTINGS
1
Price Trend
Hazratganj, Lucknow Property Price Trends and Appreciation
The property market in Hazratganj has experienced a measured shift in valuation over the recent quarters. Prices moved from ₹6,550 per sq ft in December 2025 to the current level of ₹6,000 per sq ft by March 2026. This trend reflects a recalibration period following earlier highs.
Hazratganj sits amidst a diverse landscape of surrounding localities, each with distinct pricing profiles. Sultanpur Road currently commands a notable ₹6,250 per sq ft, reflecting a 13.83% increase that positions it as a premium alternative. In contrast, Jankipuram averages ₹5,500 per sq ft, while Faizabad Road offers more accessible entry points at ₹3,500 per sq ft. Butler Colony remains an elite enclave, averaging ₹10,750 per sq ft.
Hazratganj's real estate market offers a variety of choices across different property categories. Commercial office spaces are valued at ₹10,750 per sq ft, while spacious villas maintain a steady price point of ₹8,000 per sq ft. Apartments, which form the bulk of the residential supply, are currently priced at ₹6,000 per sq ft following an adjustment of -8.45%.
The local market provides options for buyers at various stages of their property search. Ready-to-move inventory is priced at ₹6,100 per sq ft, showing a positive growth of 8.15%. Meanwhile, under-construction projects are available at ₹5,600 per sq ft, marking a 7.87% increase that highlights ongoing development interest.
Project & Developer Insights
Top Residential Projects and Developers in Hazratganj
Top Projectsin Hazratganj
BP DPS Palladio is the top project in Hazratganj with prices from ₹ 1.05 Cr to 1.63 Cr.
BP DPS Palladio
₹ 1.05 Cr - ₹ 1.63 Cr
Lucknow East, Lucknow
Eldeco Latitude 27
₹ 1.18 Cr - ₹ 1.52 Cr
Lucknow North, Lucknow
Amrawati Sports City
₹ 74 L - ₹ 1.55 Cr
Lucknow North, Lucknow
Emaar Elite Oasis
₹ 2.95 Cr - ₹ 4.08 Cr
Lucknow East, Lucknow
Shalimar One World Marbella
₹ 1.7 Cr - ₹ 2.42 Cr
Lucknow East, Lucknow
Shalimar Twenty One
₹ 2.4 Cr - ₹ 2.44 Cr
Lucknow East, Lucknow
Jashn Elevate
₹ 1.08 Cr - ₹ 1.68 Cr
Lucknow South, Lucknow
Shalimar Daffodils Villa Extension
Price On Request
Lucknow North, Lucknow
Shalimar Sky Garden
₹ 2.63 Cr - ₹ 4.1 Cr
Lucknow East, Lucknow
Shalimar Garden Bay Crown
₹ 81.22 L - ₹ 1.3 Cr
Lucknow North, Lucknow
View More
New Launch
Under Construction
Ready to Move
Top Developersin Lucknow
Eldeco leads in Lucknow with 46 projects and 35 years of experience.
Premium residential developments in Hazratganj set the benchmark for luxury living. Ashirwad Aashiyana and Levana The Grand Bharawan lead the segment, both priced at ₹8,000 per sq ft with significant growth of 47.09% and 26.65% respectively. Eldeco Empereur follows closely at ₹7,450 per sq ft, while projects like Eldeco Heritage and Gulmohar Apartments offer high-quality living options starting from ₹6,100 per sq ft.
Top projects demonstrate the range of rental opportunities available in the area. Jugals Emerald Court leads the rent profile at ₹21 per sq ft, followed by Rizvi Apartments at ₹20 per sq ft. Other notable developments like BCC Residency, Eldeco Empereur, and Jewel Apartment provide competitive rental options ranging from ₹18 to ₹19 per sq ft.
Rental Trends
Rental Trends and Average Rent in Hazratganj, Lucknow
Rental demand across unit sizes shows a clear hierarchy, with 1 BHK units averaging ₹15,000 per month. Larger 2 BHK and 3 BHK apartments command monthly rents of ₹24,800 and ₹33,500 respectively, while 4 BHK units reach up to ₹47,000 per month. These figures highlight the appeal of Hazratganj for both small and large residential households. Rental rates across the vicinity remain consistent, with most areas like Butler Colony, Husainganj, and Sultanpur Road averaging ₹50 per sq ft. While most locations maintain stable pricing, Faizabad Road has seen a positive rental growth of 6.25%, whereas Husainganj experienced a downward shift of -10.53%. Commercial and residential rental markets exhibit varied performance. Showroom spaces are the most lucrative at ₹100 per sq ft, reflecting a notable 21.43% growth. Meanwhile, office spaces and apartments maintain a steady rental rate of ₹50 per sq ft. Top projects demonstrate the range of rental opportunities available in the area. Jugals Emerald Court leads the rent profile at ₹21 per sq ft, followed by Rizvi Apartments at ₹20 per sq ft. Other notable developments like BCC Residency, Eldeco Empereur, and Jewel Apartment provide competitive rental options ranging from ₹18 to ₹19 per sq ft.
Rental demand across unit sizes shows a clear hierarchy, with 1 BHK units averaging ₹15,000 per month. Larger 2 BHK and 3 BHK apartments command monthly rents of ₹24,800 and ₹33,500 respectively, while 4 BHK units reach up to ₹47,000 per month. These figures highlight the appeal of Hazratganj for both small and large residential households.
Rental rates across the vicinity remain consistent, with most areas like Butler Colony, Husainganj, and Sultanpur Road averaging ₹50 per sq ft. While most locations maintain stable pricing, Faizabad Road has seen a positive rental growth of 6.25%, whereas Husainganj experienced a downward shift of -10.53%.
Commercial and residential rental markets exhibit varied performance. Showroom spaces are the most lucrative at ₹100 per sq ft, reflecting a notable 21.43% growth. Meanwhile, office spaces and apartments maintain a steady rental rate of ₹50 per sq ft.
Frequently Asked Questions About Property Rates in Hazratganj, Lucknow
What is the current average asking price in Hazratganj, Lucknow?
As of September 2026, the average asking price in Hazratganj stands at ₹6,000 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment during the recent period.
How do property rates in Hazratganj vary by property type?
As of September 2026, property rates in Hazratganj differ significantly by asset class. Office spaces command the highest average price at ₹10,750 per sq ft, which has depreciated by 0.29% compared to the previous period. Villas are priced at ₹8,000 per sq ft with stable pricing, while apartments are available at ₹6,000 per sq ft, reflecting a depreciation of 8.45% over the same timeframe.
What is the price difference between Ready to Move and Under Construction properties in Hazratganj?
As of September 2026, Ready to Move properties in Hazratganj are priced at an average of ₹6,100 per sq ft, having appreciated by 8.15% compared to the previous period. In contrast, Under Construction projects are currently priced at ₹5,600 per sq ft, showing an appreciation of 7.87% over the same duration, indicating steady demand across both inventory stages.
What is the rental yield in Hazratganj and what does it signify for investors?
The rental yield in Hazratganj is currently 3.80% as of September 2026, with an average rental rate of ₹19 per sq ft. This yield provides a benchmark for investors to evaluate the income-generating potential of their residential assets relative to the capital investment required for property acquisition in the area.
How does the monthly rent vary by BHK configuration in Hazratganj?
As of September 2026, rental rates in Hazratganj scale with the size of the unit: 1 BHK apartments average ₹15,000 per month, 2 BHK units average ₹24,800 per month, 3 BHK units average ₹33,500 per month, and 4 BHK units average ₹47,000 per month. This tiered structure allows tenants to select housing based on their space requirements while helping landlords understand the competitive pricing for different unit types.
Which projects in Hazratganj command the highest rental rates?
As of September 2026, Jugals Emerald Court leads the rental market in Hazratganj with a rate of ₹21 per sq ft, maintaining stable pricing with a 0% change. Other premium rental projects include Rizvi Apartments at ₹20 per sq ft (which depreciated by 9.09%) and BCC Residency at ₹19 per sq ft (which appreciated by 26.67% compared to the previous period).
How do rental rates for showrooms and office spaces compare in Hazratganj?
As of September 2026, showrooms in Hazratganj command a significantly higher average rental rate of ₹100 per sq ft, having appreciated by 21.43% compared to the previous period. Office spaces, meanwhile, are available at an average rental rate of ₹50 per sq ft, showing a slight depreciation of 1.92% over the same timeframe.
How do property rates in Hazratganj compare to other neighbourhoods in Lucknow?
Property rates in Lucknow show significant variance across neighbourhoods as of September 2026. Butler Colony leads with an average asking price of ₹10,750 per sq ft (0% change), followed by Sultanpur Road at ₹6,250 per sq ft (which has appreciated by 13.83%). Jankipuram and Faizabad Road offer more accessible entry points at ₹5,500 per sq ft (-0.4% depreciation) and ₹3,500 per sq ft (-28.78% depreciation), respectively.
How should investors interpret the price trends of top projects in Hazratganj?
Investors should note that top projects in Hazratganj show mixed performance as of September 2026. For instance, Ashirwad Aashiyana is priced at ₹8,000 per sq ft, showing a notable appreciation of 47.09% compared to the previous period, while Eldeco Empereur is priced at ₹7,450 per sq ft with an appreciation of 27.52%. Conversely, projects like BCC Residency have seen a depreciation of 11.9% to reach ₹5,600 per sq ft, highlighting the importance of project-specific performance over general locality trends.
