Lucknow
Omaxe City presents a balanced real estate landscape, characterized by distinct price points across its residential offerings. The market has seen varying activity levels, with villas emerging as a premium category compared to apartment segments. Rental activity remains consistent, supported by a healthy yield that appeals to long-term investors. Government registration data confirms ongoing transaction interest, while established developers continue to drive the area's growth profile.
As of Jun 2026, the average asking price in Omaxe City stands at ₹4,750 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consolidation in the local residential market.
The average asking price in Omaxe City is ₹4,750 per sq ft, which is notably higher than the Government Registration Rate of ₹2,000 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common observation in developing residential pockets and is important for buyers to consider when calculating total acquisition costs, including stamp duty and registration fees.
Property prices in Omaxe City have shown varied movement in recent quarters. While the location rate was recorded at ₹4,750 per sq ft in Dec 2025, it reached a peak of ₹10,100 per sq ft in Sep 2025. As of Jun 2026, the market has stabilized, reflecting a shift in transaction activity and supply dynamics that investors should monitor closely.
As of Jun 2026, villas in Omaxe City command a higher average price of ₹7,600 per sq ft, having appreciated by 6.88% compared to the previous period. In contrast, apartments are priced at an average of ₹4,750 per sq ft, which represents a depreciation of 53% over the same timeframe, highlighting a significant divergence in value between these two property types.
The rental yield in Omaxe City is currently 2.78% as of Jun 2026. This yield, derived from an average rental rate of ₹11 per sq ft, provides a baseline for investors looking to calculate the potential annual income relative to the property's capital value. A yield at this level suggests that the market is currently driven more by capital appreciation potential than immediate high-rental cash flow.
For those seeking rental options in Omaxe City, 2 BHK apartments are currently available at an average monthly rent of ₹16,250 as of Jun 2026. This specific configuration serves as a primary rental benchmark in the area, offering a clear entry point for tenants and a consistent income stream for landlords within the residential apartment segment.
Omaxe City itself stands out as a key project for rentals, with a current rental rate of ₹18 per sq ft as of Jun 2026. This rate has seen a depreciation of 5.26% compared to the previous period, reflecting a minor market correction while still maintaining its status as a prominent residential address in the locality.
Rental rates across the broader region, including areas like Raebareli Road, Amar Shaheed Path, and Vrindavan Yojna, are consistently pegged at ₹50 per sq ft as of Jun 2026. While many of these areas have seen stable rental pricing, some locations like Vrindavan Yojna have experienced a depreciation of 11.11% and Amar Shaheed Path a depreciation of 4.55% compared to the previous period, indicating a competitive rental landscape across these neighbouring micromarkets.
Lucknow Ahana Enclave, located in the Amar Shaheed Path locality of Omaxe City, is a top-performing project with 2 recorded transactions and a current rate of ₹13,850 per sq ft as of Jun 2026. The project's prominence in both transaction volume and total value signals strong buyer interest in premium, well-located residential offerings within this geography.
Ready To Move properties in Omaxe City are currently priced at an average of ₹5,900 per sq ft as of Jun 2026. This segment has seen a significant appreciation of 39.04% compared to the previous period, which reflects a strong demand for immediate possession and a reduction in construction-related risks for end-users.
