Lucknow
The real estate market on Kursi Road presents a dynamic landscape characterized by varied property valuations and a healthy mix of residential supply. Recent quarterly trends show price fluctuations as the market aligns with changing buyer demand and development pace. Rental interest remains steady across surrounding regions, with diverse options available for both residential and commercial seekers. Investors and homebuyers are evaluating these trends to identify value, particularly in ready-to-move projects that currently offer stable entry points.
As of June 2026, the average asking price in Kursi Road is ₹4,300 per sq ft. This figure reflects a market depreciation of 0.53% compared to previous periods, indicating a period of price adjustment in this residential locality.
Property prices in Kursi Road have shown a fluctuating trajectory, with the average asking price moving from ₹4,850 per sq ft in December 2025 to ₹4,300 per sq ft by June 2026. This downward shift in the location rate suggests a softening in market demand or increased supply availability, providing a potential entry point for buyers looking for more competitive pricing.
As of June 2026, villas in Kursi Road command a higher average price of ₹4,300 per sq ft, which has depreciated by 0.53% compared to previous data. In contrast, apartments are more affordably priced at an average of ₹3,750 per sq ft, having appreciated by 1.54% over the same period, suggesting a growing preference or demand for apartment-style living in this area.
Ready To Move projects in Kursi Road are currently available at an average price of ₹4,050 per sq ft as of June 2026. This segment has seen an appreciation of 2.37% compared to previous periods, signaling steady demand from end-users who prefer properties that are available for immediate possession.
As of June 2026, the project with the highest listing rate in Kursi Road is 21st Century Royal Emerald Villas at ₹4,200 per sq ft, which has depreciated by 4.35% compared to previous reporting. Other notable projects include Nirmal Homes 2, A and S Aman Heights, and Hyades Sahaytha Homes, all listed at ₹4,100 per sq ft with a marginal depreciation of 0.1%.
Rental rates across various Lucknow neighbourhoods, including Aliganj, Indira Nagar, Faizabad Road, Vibhuti Khand, Butler Colony, and Hazratganj, are currently consistent at approximately ₹50 per sq ft as of June 2026. While the base rate is uniform, the market dynamics vary significantly; for instance, Aliganj has seen a rental depreciation of 44%, whereas Faizabad Road has experienced a rental appreciation of 6.25% compared to previous periods.
Investors evaluating the rental market near Kursi Road should note that while many surrounding areas like Butler Colony and Hazratganj maintain stable rental rates with 0% change, others show volatility. For example, the 31.25% rental depreciation observed in Indira Nagar compared to previous periods suggests that landlords and investors should carefully monitor local supply-demand dynamics before committing to rental-focused investments in these specific micromarkets.
Buyers can use price comparisons to identify value; for instance, while Kursi Road averages ₹4,300 per sq ft, nearby Iim Road commands a higher average of ₹6,450 per sq ft, which has appreciated by 7.8% as of June 2026. Conversely, Faizabad Road offers a lower entry point at ₹3,500 per sq ft, though it has faced a significant depreciation of 28.78%, highlighting the importance of researching specific growth drivers in each neighbourhood.
