Lucknow
The real estate market along Raebareli Road is characterized by consistent pricing and a steady influx of demand for residential units. Recent trends indicate that while property rates have maintained a stable baseline, rental yields have become a focal point for investors, supported by healthy monthly returns across various apartment configurations. The region continues to attract interest due to its strategic connectivity and the availability of ready-to-move housing options. Developers remain active, ensuring that the supply matches the evolving needs of both tenants and homeowners in the southern part of Lucknow.
As of Sep 2026, the average asking price in Raebareli Road stands at ₹6,100 per sq ft. This rate has appreciated by 0.4% compared to previous periods, reflecting a stable and resilient market demand in this locality.
Property prices in Raebareli Road have shown a mixed trajectory over the last year. As of Sep 2026, the location rate is ₹6,050 per sq ft, following a slight fluctuation from ₹6,100 per sq ft in Jun 2026, ₹6,050 per sq ft in Mar 2026, and ₹6,150 per sq ft in Dec 2025. This movement suggests a period of price consolidation, providing a balanced environment for potential buyers looking for entry points.
Property prices vary significantly across the neighbourhoods surrounding Raebareli Road. As of Sep 2026, Mohanlalganj leads with an average rate of ₹9,050 per sq ft, having appreciated by 39.62% over the observed period. Other nearby areas include Amar Shaheed Path at ₹7,800 per sq ft (up 11%), Vrindavan Yojna at ₹6,900 per sq ft (up 1.57%), and Sultanpur Road at ₹6,250 per sq ft (up 13.83%).
As of Sep 2026, apartments in Raebareli Road are priced at an average of ₹6,050 per sq ft, which has depreciated by 0.94% compared to the previous period. In contrast, villas are currently priced at ₹3,700 per sq ft, reflecting a depreciation of 10.78% over the same timeframe. This price gap highlights the distinct market segments available for investors and end-users based on their preferred property type.
The rental yield in Raebareli Road is currently 2.95% as of Sep 2026. This figure represents the annual rental income relative to the property's purchase price, serving as a key metric for investors to gauge the potential return on investment. While the average rental rate is ₹15 per sq ft, it has seen a depreciation of 16.67% over the measured period, suggesting that investors should carefully evaluate current rental demand against capital appreciation goals.
Rental rates in Raebareli Road vary by unit size to cater to different tenant profiles. As of Sep 2026, a 2 BHK apartment commands an average rent of ₹20,650 per month, a 3 BHK unit averages ₹29,500 per month, and a 4 BHK unit is available at approximately ₹32,450 per month. These figures provide a clear benchmark for tenants and landlords to assess the prevailing market value for residential apartments in the area.
Several projects in Raebareli Road stand out for their rental performance as of Sep 2026. UPAEVP Mandakini Enclave leads with a current rental rate of ₹20 per sq ft, followed by Raj Surya Greens at ₹17 per sq ft, and UPAVP Bhagirathi Enclave at ₹16 per sq ft. Shri Balaji BCC Heights and Shiva Garden also feature prominently, both commanding ₹13 per sq ft. These rates have remained stable with 0% change, indicating consistent demand for these specific residential developments.
Rental rates across micromarkets near Raebareli Road are largely consistent, with most areas such as Omaxe City, Amar Shaheed Path, Bhadruk, and Arjunganj reporting an average rental rate of ₹50 per sq ft as of Sep 2026. While many of these areas have seen stable rental pricing, Vrindavan Yojna has experienced an appreciation of 13.33%, whereas Ghuswal Kalan has seen a depreciation of 5.26% over the same period, highlighting localized variations in rental attractiveness.
Ready To Move properties in Raebareli Road are currently priced at an average of ₹5,450 per sq ft as of Sep 2026. This segment has seen an appreciation of 2.17% compared to the previous period, which may signal growing confidence among buyers who prefer immediate possession over under-construction options.
Buyers should use the provided data to understand the price positioning and market health of Raebareli Road as of Sep 2026. By comparing the average asking price of ₹6,100 per sq ft against historical trends and nearby locality rates, users can identify whether a property is priced competitively. Additionally, checking the property type and status segments helps align investment or end-use goals with the current market realities.
