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Property Rates in IIM Road, Lucknow

Comprehensive Market Snapshot

IIM Road in Lucknow presents a dynamic real estate market with an average asking price of ₹5,934 per sq ft, reflecting varied residential opportunities. While the overall market has seen some fluctuations in recent quarters, specific property types and projects continue to attract buyer interest. Nearby areas offer rental options, with Aliganj commanding an average rental rate of ₹25 per sq ft, indicating a diverse market landscape. This locality caters to both homebuyers and investors looking for properties in Lucknow North.

  • The current average asking price in IIM Road stands at ₹5,934 per sq ft.
  • Villas in the area show a significant price adjustment, with an average of ₹5,361 per sq ft, down by -31.22%.
  • Adil Nagar is among the premium sub-localities, averaging ₹7,928 per sq ft, while Kursi Road offers more affordable options at ₹3,759 per sq ft, experiencing a notable 9.75% increase.
  • Eldeco Uday leads the top projects with an asking rate of ₹8,937 per sq ft.
  • Aliganj, a nearby locality, has an average rental rate of ₹25 per sq ft.

  • Asking Sale Price₹ 5,934 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Other Property Rates

Insights for IIM Road, Lucknow Real Estate Market

The IIM Road real estate market in Lucknow has experienced a notable price adjustment over the past year, with the average location rate moving from ₹6,568 per sq ft in March 2025 to ₹6,161 per sq ft by December 2025. This trend suggests a period of recalibration, offering potential entry points for buyers. Properties are available across various stages, with Ready To Move units averaging ₹5,680 per sq ft and Under Construction projects at a slightly higher ₹6,915 per sq ft. Top projects like Eldeco Uday set the benchmark for asking prices, while neighboring areas such as Aliganj show active rental markets, providing a comprehensive view for potential investors.

  • The location rate in IIM Road has seen a decline from ₹7,431 per sq ft in June 2025 to ₹6,161 per sq ft by December 2025.
  • Under Construction properties are priced at ₹6,915 per sq ft, which is higher than Ready To Move options at ₹5,680 per sq ft.
  • Jankipuram Extension shows healthy growth in average rates, increasing by 7.92% to ₹5,684 per sq ft.
  • Eldeco Latitude 27 experienced a significant price change of -19.4% in its asking rates.
  • Nearby Indira Nagar recorded a substantial 28.57% increase in its average rental rates.

Market Strengths Market Strengths
  • The IIM Road market offers a diverse range of residential properties, including apartments and villas, catering to varied preferences.
  • Availability of both Ready To Move and Under Construction projects provides flexibility for buyers based on their immediate or future occupancy needs.
  • Established developers like Eldeco and Shalimar have a strong presence with multiple projects, indicating reliability and quality.
  • Competitive pricing in sub-localities like Kursi Road (₹3,759 per sq ft) provides affordable entry points into the market.
  • Some projects like Eldeco Uday command premium prices (₹8,937 per sq ft), reflecting high-value offerings.
  • Nearby areas such as Aliganj and Indira Nagar show robust rental markets, with rates up to ₹25 per sq ft and significant growth respectively, suggesting potential for rental income.
Market Challenges Market Challenges
  • The overall location rate in IIM Road has seen a decline from ₹7,431 per sq ft in June 2025 to ₹6,161 per sq ft by December 2025, indicating a downward price trend.
  • Villas in IIM Road have experienced a significant price adjustment of -31.22%, averaging ₹5,361 per sq ft.
  • Both Ready To Move and Under Construction properties have shown negative price changes of -6.13% and -7.29% respectively.
  • Certain projects like Eldeco Latitude 27 and Eldeco City Kutir And Sukriti have seen substantial price drops of -19.4% and -17.73% respectively.
  • Jankipuram's average rate has seen a slight decline of -0.49%.
Investment Opportunities Investment Opportunities
  • Consider properties in Kursi Road, which has shown a strong average rate increase of 9.75% to ₹3,759 per sq ft, indicating potential for growth.
  • Jankipuram Extension presents a good opportunity with a healthy 7.92% increase in average rates, reaching ₹5,684 per sq ft.
  • Investing in Under Construction properties in IIM Road, priced at ₹6,915 per sq ft, could offer future appreciation compared to Ready To Move options.
  • Explore projects like Shalimar Garden Bay Villa and Eldeco Twin Towers, which have shown positive price changes of 7.75% and 8.4% respectively.
  • Aliganj, a nearby locality, offers attractive rental returns with an average rental rate of ₹25 per sq ft, suggesting a strong rental market.
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Property Price Trends in IIM Road, Lucknow

Asking Price Trends

The asking price trends for IIM Road show a fluctuating pattern over the recent quarters. The average location rate stood at ₹6,568 per sq ft in March 2025, rising to ₹7,431 per sq ft by June 2025. Subsequently, it saw a decline to ₹6,530 per sq ft in September 2025, settling at ₹6,161 per sq ft by December 2025. This indicates a period of adjustment after a mid-year peak.

Quarter City Rate
Dec 2025 6161
Sep 2025 6530
Jun 2025 7431
Mar 2025 6568
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Price Trends by Property Type

The IIM Road real estate market offers distinct options across property types. Apartments are currently priced at an average of ₹5,934 per sq ft, experiencing a -3.68% change. Villas, on the other hand, average ₹5,361 per sq ft, reflecting a significant -31.22% adjustment in their rates. This highlights different market dynamics within residential segments.

Type Rate (₹/sq.ft) Change %
Villa 5,361 -31.22
Apartment 5,934 -3.68
Price Trends by Project Status

The IIM Road market provides properties at various development stages, catering to different buyer timelines and preferences. Ready To Move units are available at an average of ₹5,680 per sq ft, with 5 units currently on offer, showing a -6.13% change. Under Construction projects, also with 5 units, are priced higher at ₹6,915 per sq ft, reflecting a -7.29% change. This differentiation allows buyers to choose between immediate occupancy and future appreciation potential.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 5 5,680 -6.13
Under Construction 5 6,915 -7.29
Price Trends by Localities

Property rates around IIM Road showcase a diverse range, catering to various budget segments. Adil Nagar commands a premium, averaging ₹7,928 per sq ft, while Ghaila follows closely at ₹7,454 per sq ft. In contrast, Kursi Road offers more accessible pricing at ₹3,759 per sq ft, demonstrating a robust 9.75% increase. Jankipuram Extension and Mubarakpur present competitive options, priced at ₹5,684 per sq ft and ₹5,303 per sq ft respectively, with Jankipuram Extension showing a healthy 7.92% rise.

Location Rate (₹/sq.ft) Change %
Mubarakpur 5,303 0.6
Jankipuram Extension 5,684 7.9
Jankipuram 5,535 -0.5
Ghaila 7,454 -
Gaurabagh 4,473 -
Aliganj 5,258 2.6
Adil Nagar 7,928 -
Kursi Road 3,759 9.8
Vikas Nagar 4,554 -3.7
Vishnupuri 5,729 -

Project and Developer Insights

Top Projects in Amar Shaheed Path
Eldeco Latitude 27 is the top project in Amar Shaheed Path with prices from ₹ 89.62 Lac to 1.40 Cr.
Eldeco Latitude 27 ₹ 89.62 L - ₹ 1.4 Cr
  • Lucknow North, Lucknow
Shalimar Garden Bay Crown ₹ 71.98 L - ₹ 1.07 Cr
  • Lucknow North, Lucknow
Shalimar Gallant West ₹ 2.45 Cr - ₹ 2.5 Cr
  • Lucknow North, Lucknow
Eldeco Latitude 27 ₹ 89.62 L - ₹ 1.4 Cr
  • Lucknow North, Lucknow
Shalimar Garden Bay Crown ₹ 71.98 L - ₹ 1.07 Cr
  • Lucknow North, 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
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New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential developments in IIM Road command significant asking prices, reflecting their quality and location. Eldeco Uday leads with a current rate of ₹8,937 per sq ft, setting a high benchmark. Shalimar Garden Bay Villa follows at ₹7,758 per sq ft, having seen a 7.75% increase, while Shalimar Garden Bay Crown is priced at ₹7,090 per sq ft. Eldeco Twin Towers, at ₹6,505 per sq ft with an 8.4% rise, and Eldeco Latitude 27, despite a -19.4% change, remain prominent options, showcasing the diverse offerings in the area.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Eldeco Uday 8,937 -
Shalimar Garden Bay Villa 7,758 7.8
Shalimar Garden Bay Crown 7,090 -0.5
Eldeco Twin Towers 6,505 8.4
Eldeco Latitude 27 6,263 -19.4
Eldeco City Breeze 5,987 7.9
Eldeco City Villa 5,658 -11.4
Crest Exotica 4,830 -
Eldeco City Kutir And Sukriti 4,167 -17.7
Samiah Bharat Overseas Castel 3,554 -
Top Developers in Amar Shaheed Path
Eldeco leads in Amar Shaheed Path 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
Kanchhal Group ₹ 32.2 L - ₹ 45.5 L
  • 11 Projects
  • 7 Years
DLF
Samiah International Builders ₹ 45.5 L - ₹ 78.75 L
  • 5 Projects
  • 37 Years
DLF
Crest Realcon Group ₹ 39.52 L - ₹ 1.28 Cr
  • 3 Projects
  • 7 Years
DLF
Aditya Infratech ₹ 50.95 L - ₹ 65.95 L
  • 1 Projects
DLF
Moon Infrazone ₹ 28.49 L - ₹ 33.41 L
  • 1 Projects
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