Property Rates in Raebareli Road, Lucknow 2026

The property price trend in Raebareli Road has shown a slight downward trajectory over the last few quarters. Data from September 2025 showed a location rate of ₹6,400 per sq ft, which moved to ₹6,150 per sq ft in December 2025, and reached ₹6,050 per sq ft by March 2026. This consistent movement indicates a gradual adjustment in buyer sentiment and asking prices within the area.

In Raebareli Road, apartments currently command an average price of ₹6,050 per sq ft as of June 2026, marking a depreciation of 1.59%. In contrast, villas are priced at an average of ₹3,700 per sq ft, which has seen a more significant depreciation of 10.78% compared to the prior period. This price gap highlights that apartments currently hold a higher premium per square foot compared to villa developments in this locality.

The average rental yield in Raebareli Road is 3.57% as of June 2026, with an average rental rate of ₹18 per sq ft, which has remained stable with 0% change. For investors, a rental yield of 3.57% provides a baseline for calculating potential annual returns on capital invested in residential properties. While this yield reflects current market conditions, investors should weigh it against the prevailing sale price trends to determine the overall attractiveness of the locality for rental income.

As of June 2026, the average monthly rent for a 3 BHK apartment in Raebareli Road is ₹21,300, while a 4 BHK apartment commands an average monthly rent of ₹24,650. These figures provide a clear benchmark for tenants looking for larger residential spaces and for landlords seeking to understand the current market valuation for multi-bedroom units in the area.

Among the top projects by rent in Raebareli Road as of June 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. Other notable projects include Shri Balaji BCC Heights and Shiva Garden, both at ₹13 per sq ft. These rates have remained stable with 0% change, indicating a consistent demand for premium residential projects in this specific locality.

Property prices vary significantly across the region; for instance, Kanpur Road currently averages ₹9,300 per sq ft (appreciating by 5.82%), while Ashiyana stands at ₹9,150 per sq ft (depreciating by 1.33%). Other nearby areas include South City at ₹8,550 per sq ft (up 2.57%), Bagiamau at ₹7,700 per sq ft (down 2.43%), and Amar Shaheed Path at ₹7,000 per sq ft (up 1.12%). These variations allow buyers to choose between premium hubs and more affordable options like Bijnor Road, which is priced at ₹3,450 per sq ft after a 2.95% depreciation.

As of June 2026, Ready To Move properties in Raebareli Road are priced at an average of ₹5,200 per sq ft. This category has seen an appreciation of 3.73% compared to the previous period, signaling strong demand and confidence in completed housing stock within the locality.

As of June 2026, the projects with the highest listing rates in Raebareli Road include Raj Surya Greens at ₹6,550 per sq ft, UPAVP Bhagirathi Enclave at ₹6,500 per sq ft (depreciating by 1.95%), and UPAEVP Mandakini Enclave at ₹6,200 per sq ft (appreciating by 2.69%). These projects represent the higher end of the local market, with rates reflecting their specific amenities and location advantages within the Raebareli Road corridor.

A buyer should view the current average asking price of ₹6,050 per sq ft as a reflection of the market's recent 1.59% depreciation as of June 2026. By tracking the quarterly shifts—from ₹6,400 in September 2025 to the current levels—buyers can identify that the market has experienced a cooling phase. This data is useful for negotiating prices and understanding whether the locality is currently a buyer's market, especially when comparing these trends against specific project-level performances.