Lucknow
The real estate market in Mati is characterized by its niche focus on villa-style residential properties, which currently serves as a primary driver for local transaction activity. Recent data highlights a consistent volume of government registrations, reaching 91 transactions with a gross value of ₹24 Cr, underscoring the area's ongoing appeal. Rental rates across surrounding areas like Omaxe City and Raebareli Road hold steady at approximately ₹50 per sq ft, providing a reliable benchmark for investors. This balance between acquisition costs and rental potential creates a unique profile for the locality.
As of June 2026, the average asking price in the Mati micromarket stands at ₹7,200 per sq ft. This reflects a positive upward trajectory, as the rate has increased from ₹6,850 per sq ft in March 2026, indicating a strengthening of market demand in the area over the last quarter.
Property prices in Mati have shown a consistent upward movement throughout the first half of 2026. The average asking price rose from ₹6,550 per sq ft in December 2025 to ₹6,850 per sq ft in March 2026, and further climbed to ₹7,200 per sq ft by June 2026. This steady growth suggests a resilient market environment that may be attractive to long-term investors tracking capital appreciation.
Property rates in the vicinity of Mati vary significantly, reflecting the diverse real estate landscape of the region. For instance, Kanpur Road commands a higher average asking price of ₹9,300 per sq ft, which has appreciated by 5.82% from June 2025 to June 2026. In contrast, Bijnor Road offers a more accessible entry point at ₹3,450 per sq ft, though this area has seen a depreciation of 2.95% over the same period. Other notable areas include South City at ₹8,550 per sq ft (up 2.57%) and Raebareli Road at ₹6,050 per sq ft (down 1.59%).
As of June 2026, the average asking price for villas in Mati is ₹3,500 per sq ft. This segment has experienced a depreciation of 8.36% when compared to the corresponding period in the previous year, suggesting a market correction or a shift in supply dynamics for villa-style properties in this specific locality.
The rental market across the localities surrounding Mati is currently uniform, with an average rental rate of ₹50 per sq ft observed in areas such as Omaxe City, Bhadruk, and Sultanpur Road as of June 2026. While rates in Omaxe City, Bhadruk, and Sultanpur Road have remained stable with 0% change, other nearby areas show volatility; for example, Raebareli Road has seen a rental depreciation of 16.67% compared to the previous year, while Ghuswal Kalan has experienced a rental appreciation of 5.56% over the same period.
Rental trends in the broader Mati region indicate varying performance across different neighbourhoods as of June 2026. While the baseline rental rate is ₹50 per sq ft, investors should note that Vrindavan Yojna has seen a rental depreciation of 6.25% and Bagiamau has seen a depreciation of 5.88% compared to the previous year. These fluctuations highlight the importance of selecting specific pockets for rental income, as demand and supply dynamics can lead to localized price corrections even when the broader base rate remains consistent.
Between October 2025 and September 2026, there were 91 registered property transactions in the Mati area, with a total gross value of ₹24 crore. These figures provide a snapshot of the actual market volume and liquidity in the region, serving as a reliable indicator of buyer activity beyond just asking prices.
