IIM Road Property Rates — ₹6,450/sq ft, +7.8%

Buy
Rent
Manage
Finance
Interiors
For Professionals

Sell or Rent Property

Property rates in IIM Road average ₹6,450 per sq ft. This sector has witnessed notable fluctuations in recent quarters, reflecting a dynamic residential landscape. Key projects like Shalimar Garden Bay Apartment command premium pricing, while the market maintains a strong focus on ready-to-move housing options. Investors and homebuyers are increasingly drawn to the area's established infrastructure and the variety of residential configurations that cater to different lifestyle needs within the northern Lucknow corridor.

Insights

Insights for IIM Road, Lucknow Real Estate Market Overview

The IIM Road real estate market has evolved into a key residential hub in Lucknow, characterized by a mix of luxury villas and modern apartment complexes. Current market data shows an average price of ₹6,450 per sq ft, with price trends showing a recovery after a mid-year dip in 2025. Rental demand remains steady across the region, particularly in surrounding hubs like Aliganj and Indira Nagar where rates are consistent. Developers are shifting focus toward premium amenities to attract buyers, with major projects like Shalimar Garden Bay setting the tone for value.

Residential apartments currently average ₹6,450 per sq ft, showing a positive growth of 7.8%.
Villas in the area have seen a significant appreciation, with average prices reaching ₹11,000 per sq ft.
Ready-to-move projects are priced at an average of ₹5,900 per sq ft, reflecting a 19.08% increase.
Eldeco City Breeze stands out with a 9.41% price increase, currently listed at ₹6,500 per sq ft.
Rental rates across nearby localities like Faizabad Road and Hazratganj remain stable at ₹50 per sq ft.

Market Strengths

A solid average apartment price of ₹6,450 per sq ft supports the area's status as a prime residential destination.
Indira Nagar shows robust growth of 11.6%, highlighting strong buyer demand in nearby localities.
Jankipuram Extension continues to show positive momentum with an 8% increase in property rates.
The presence of high-value projects like Shalimar Garden Bay strengthens the overall market prestige.
Ready-to-move inventory provides a stable and reliable supply for immediate occupancy seekers.
Diverse property types ranging from ₹3,500 to ₹11,000 per sq ft cater to a wide spectrum of investment capacities.

Market Challenges

Faizabad Road has experienced a significant price correction of -28.78%, signaling potential volatility in surrounding areas.
Kursi Road and Jankipuram have seen minor price dips of -0.53% and -0.4% respectively, suggesting a period of market cooling.
Rental rates in Aliganj have declined by -44%, reflecting a challenging environment for rental yield optimization.

Investment Opportunities

Ready-to-move projects show a strong 19.08% growth, offering reliable immediate value.
Apartments maintain a steady growth of 7.8%, suitable for consistent long-term appreciation.
The villa segment has seen a massive 109.34% increase, indicating high demand for luxury inventory.
Eldeco City Breeze presents an opportunity with a 9.41% price increase and a competitive rate of ₹6,500 per sq ft.

Price Trend

IIM Road, Lucknow Property Price Trends and Appreciation

The market trajectory for IIM Road has been marked by periodic adjustments, with rates moving from ₹6,550 per sq ft in September 2025 to a current average of ₹6,450 per sq ft. After a low point of ₹6,000 per sq ft in early 2026, the location has shown signs of stabilization. This trend indicates a resilient demand pattern for residential units in this northern Lucknow locality.

Asking Price Trends

₹ 6,450/Sq.Ft + 7.8 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	6450
Mar 2026	6000
Dec 2025	6150
Sep 2025	6550

About Asking Price Trends

IIM Road Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Jankipuram Extension	5,300	0.1
Jankipuram	5,500	-0.4
Kursi Road	4,300	-0.5
Faizabad Road	3,500	-28.8
Indira Nagar	4,750	11.6

Real estate valuations in the vicinity of IIM Road vary significantly, with Jankipuram Extension averaging ₹5,300 per sq ft following an 8% increase. Nearby Jankipuram hovers around ₹5,500 per sq ft, despite a slight decline of -0.4%. Meanwhile, Indira Nagar commands a premium at ₹4,750 per sq ft with a notable 11.6% growth, while Kursi Road and Faizabad Road offer more accessible entry points at ₹4,300 per sq ft and ₹3,500 per sq ft, respectively.

Type	Rate (₹/Sq.Ft)	Change %
Villa	11,000	109.3
Apartment	6,450	7.8

IIM Road's real estate market caters to diverse preferences across property categories. Apartments currently lead the volume segment at ₹6,450 per sq ft, reflecting a 7.8% growth. Meanwhile, the villa segment represents the high-end of the market, averaging ₹11,000 per sq ft with a substantial 109.34% increase, highlighting strong demand for luxury detached housing.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	5	5,900	19.1
Under Construction	-	-	-

The IIM Road market offers properties primarily in the ready-to-move stage, which currently averages ₹5,900 per sq ft. This segment has experienced a significant 19.08% growth, appealing to buyers looking for immediate possession and established community living. The availability of these move-in-ready units provides a stable foundation for the current market pricing.

Project & Developer Insights

Top Residential Projects and Developers in IIM Road

Eldeco Latitude 27 ₹ 1.00 Cr - ₹ 1.55 Cr

Lucknow North, Lucknow

Eldeco Regalia Arcade Price On Request

Lucknow North, Lucknow

Eldeco Twin Towers ₹ 63 L - ₹ 74.66 L

Lucknow North, Lucknow

Eldeco Regalia Price On Request

Lucknow North, Lucknow

BP DPS Palladio ₹ 1.05 Cr - ₹ 1.63 Cr

Lucknow East, Lucknow

Emaar Elite Oasis ₹ 2.75 Cr - ₹ 4.08 Cr

Lucknow East, Lucknow

Rudra Vardaan Heights ₹ 34.88 L - ₹ 57.19 L

Lucknow South, Lucknow

Eldeco Imperia ₹ 58 L - ₹ 1.59 Cr

Lucknow South, Lucknow

Eldeco Saksham Price On Request

Lucknow South, Lucknow

Experion Capital ₹ 68.6 L - ₹ 1.94 Cr

Lucknow East, Lucknow

New Launch

Under Construction

Ready to Move

Eldeco ₹ 17.76 L - ₹ 2.27 Cr

46 Projects
35 Years

Shalimar Corp Limited ₹ 24.27 L - ₹ 25.34 Cr

39 Projects
34 Years

Kanchhal Group ₹ 32.2 L - ₹ 45.5 L

11 Projects
7 Years

Samiah International Builders ₹ 45.5 L - ₹ 78.75 L

5 Projects
37 Years

Crest Realcon Group ₹ 39.52 L - ₹ 1.28 Cr

3 Projects
7 Years

Aditya Infratech ₹ 50.95 L - ₹ 65.95 L

1 Projects

Moon Infrazone ₹ 28.49 L - ₹ 33.41 L

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Shalimar Garden Bay Apartment, Iim Road	9,300	-
Shalimar Garden Bay Villa, Iim Road	9,100	-
Eldeco City Breeze, Iim Road	6,500	9.4
Shalimar Garden Bay Crown, Iim Road	5,550	-
Samiah Bharat Overseas Castel, Iim Road	5,000	0.8
Crest Exotica, Iim Road	4,750	-0.7
Eldeco City Kutir And Sukriti, Iim Road	4,150	0.1

Premium residential developments in IIM Road are setting high-value benchmarks, led by Shalimar Garden Bay Apartment and Villa, which are priced at ₹9,300 per sq ft and ₹9,100 per sq ft respectively. Eldeco City Breeze follows as a strong performer, listed at ₹6,500 per sq ft with a 9.41% increase. Other notable options like Shalimar Garden Bay Crown and Samiah Bharat Overseas Castel offer varied price points, ensuring a diverse range of luxury and mid-segment choices.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around IIM Road, Lucknow

Lucknow East

Avg. Asking Price ₹ 10,250 /Sq.Ft

Govt Registration Rate ₹ 12,350 /Sq.Ft

Lucknow Central

Avg. Asking Price ₹ 8,400 /Sq.Ft

Lucknow South

Avg. Asking Price ₹ 7,200 /Sq.Ft

Govt Registration Rate ₹ 6,750 /Sq.Ft

Lucknow West

Avg. Asking Price ₹ 6,850 /Sq.Ft

Lucknow North

Avg. Asking Price ₹ 6,250 /Sq.Ft

Govt Registration Rate ₹ 8,250 /Sq.Ft

More insights about IIM Road, Lucknow

IIM Road, Lucknow Overview

IIM Road, Lucknow Reviews

FAQ

Frequently Asked Questions About Property Rates in IIM Road, Lucknow

What is the current average asking price in IIM Road, Lucknow?

As of June 2026, the average asking price in IIM Road stands at ₹6,450 per sq ft. This figure reflects an appreciation of 7.8% compared to previous reporting periods, signaling sustained interest and demand for residential properties in this locality.

How have property prices in IIM Road trended recently?

Property prices in IIM Road have shown a dynamic trajectory, with the location rate moving from ₹6,550 per sq ft in September 2025 to ₹6,150 in December 2025, ₹6,000 in March 2026, and reaching ₹6,450 per sq ft by June 2026. This recent upward movement in the second quarter of 2026 indicates a recovery in market sentiment and buyer confidence following the fluctuations observed in the previous quarters.

How do property prices compare between villas and apartments in IIM Road?

As of June 2026, villas in IIM Road command a significantly higher average price of ₹11,000 per sq ft, having appreciated by 109.34% over the observed period. In comparison, apartments are priced at an average of ₹6,450 per sq ft, which represents an appreciation of 7.8% over the same timeframe. This price gap highlights the premium status of villa developments in the area compared to standard apartment offerings.

What is the price difference between ready-to-move and under-construction properties in IIM Road?

As of June 2026, ready-to-move properties in IIM Road are available at an average price of ₹5,900 per sq ft, which has seen a notable appreciation of 19.08% compared to earlier periods. Currently, there is no active data for under-construction projects in this locality, suggesting that the market is primarily driven by established, move-in-ready inventory.

Which projects are the most expensive in IIM Road?

The most premium residential options in IIM Road include Shalimar Garden Bay Apartment and Shalimar Garden Bay Villa, which are listed at ₹9,300 per sq ft and ₹9,100 per sq ft respectively as of June 2026. Other significant projects include Eldeco City Breeze at ₹6,500 per sq ft, which has appreciated by 9.41% compared to previous data, and Shalimar Garden Bay Crown at ₹5,550 per sq ft. These projects represent the higher end of the local market, reflecting the premium amenities and infrastructure associated with these developments.

How do rental rates in nearby Lucknow localities compare to one another?

Rental rates across key Lucknow localities are currently uniform at ₹50 per sq ft, though they show varied growth trends as of June 2026. Faizabad Road has seen a rental appreciation of 6.25% compared to previous periods, while Hazratganj has remained stable with 0% change. Conversely, Aliganj and Indira Nagar have experienced rental depreciations of 44% and 31.25% respectively, indicating a softening of rental demand in those specific sub-markets.

What should investors consider when looking at rental trends in Lucknow?

Investors should note that while rental rates in areas like Aliganj, Faizabad Road, Hazratganj, and Indira Nagar are currently pegged at ₹50 per sq ft, the varying change percentages highlight the importance of localized demand. For instance, the 6.25% appreciation in Faizabad Road suggests a more resilient rental market compared to the significant depreciation seen in Aliganj and Indira Nagar. Prospective landlords should weigh these trends against the capital appreciation of the property to determine the overall investment viability.

How does the IIM Road market compare to surrounding areas like Jankipuram and Kursi Road?

IIM Road currently commands an average asking price of ₹6,450 per sq ft, positioning it as a premium locality when compared to nearby areas. For context, as of June 2026, Jankipuram Extension is priced at ₹5,300 per sq ft (up 0.08%), Jankipuram at ₹5,500 per sq ft (depreciated by 0.4%), Kursi Road at ₹4,300 per sq ft (depreciated by 0.53%), and Faizabad Road at ₹3,500 per sq ft (depreciated by 28.78%). This data indicates that IIM Road maintains a higher price point than these neighboring markets, likely due to its specific project mix and development status.