Lucknow
The real estate market in Mati is currently characterized by a focused supply of villa properties, which are priced at an average of ₹3,500 per sq ft. While this segment has seen a price adjustment of -8.36%, the surrounding Lucknow micro-markets offer a diverse range of residential options, from affordable villas on Bijnor Road to premium villas in South City and Kanpur Road. Rental demand remains steady, with a uniform rate of ₹50 per sq ft observed across various neighborhoods, including Omaxe City and Vrindavan Yojna. Government registration data shows robust activity, with 91 transactions recorded between September 2025 and August 2026, totaling a gross value of ₹24 Cr.
As of Jun 2026, the average asking price in the Mati micromarket is ₹7,250 per sq ft. This figure reflects a positive growth trajectory, having risen from ₹6,850 per sq ft in Mar 2026, indicating a strengthening market demand in the area over the recent quarter.
Property prices in Mati have shown a consistent upward trend throughout the first half of 2026. After recording an average asking price of ₹6,550 per sq ft in Dec 2025, the market moved to ₹6,850 per sq ft in Mar 2026 and further to ₹7,250 per sq ft by Jun 2026, signaling sustained buyer interest and potential capital appreciation for investors.
Property rates in the vicinity of Mati vary significantly, with Kanpur Road commanding the highest average asking price at ₹9,300 per sq ft (which has appreciated by 5.82% recently) and Bijnor Road offering a more accessible entry point at ₹3,450 per sq ft. Other notable areas include South City at ₹8,550 per sq ft, which has appreciated by 2.57%, and Vrindavan Yojna at ₹6,800 per sq ft, which has seen an appreciation of 2.78%. These variations allow buyers to choose between premium established hubs and emerging corridors based on their budget and investment horizon.
As of Jun 2026, the average price for villas in Mati stands at ₹3,500 per sq ft. This segment has experienced a depreciation of 8.36% compared to the previous period, which may present a strategic entry opportunity for buyers looking to acquire villa-style properties at a more competitive valuation.
The rental market across the localities surrounding Mati, including Omaxe City, Vrindavan Yojna, Bhadruk, Ghuswal Kalan, Bagiamau, Sultanpur Road, and Arjunganj, currently maintains a consistent average rental rate of ₹50 per sq ft as of Jun 2026. While most of these areas have seen stable rental values, Raebareli Road has experienced a rental depreciation of 5.56% from the previous period, settling at ₹50 per sq ft.
Investors looking at the Mati region should note that the rental market is currently characterized by a uniform rate of ₹50 per sq ft across several key neighbouring localities as of Jun 2026. While the rental rates have remained largely stable, the depreciation of 5.56% observed in Raebareli Road suggests that investors should carefully monitor local supply dynamics when calculating their expected rental yields against the capital investment required for property acquisition.
Between Sep 2025 and Aug 2026, the Mati region recorded 91 transactions with a total gross value of ₹24 Cr. This data provides a snapshot of the market's liquidity and volume, serving as a useful benchmark for buyers and sellers to gauge the frequency of property exchanges in the area.
