Property Rates in Sultanpur Road, Lucknow

Property rates on Sultanpur Road, Lucknow, have shown some fluctuation over the past year. From June 2025 to March 2026, the average location rate saw a dip from ₹5,532 per sq ft to ₹5,490 per sq ft, with a notable increase to ₹6,605 per sq ft in micromarket rates by March 2026. The micromarket rate experienced a significant jump from ₹3,047 per sq ft in December 2025 to ₹6,605 per sq ft in March 2026, while the overall location rate saw a more modest increase of 2.6% from ₹5,351 in December 2025 to ₹5,490 in March 2026.

In Sultanpur Road, Lucknow, the average asking price is ₹5,490 per sq ft as of March 2026. However, the provided data indicates that the Government Registration Rate is ₹0 per sq ft. This significant difference suggests that the listed asking prices are considerably higher than the official registration values, which is a common market dynamic where actual transaction prices often differ from government-assessed rates.

Property prices vary significantly across neighbourhoods near Sultanpur Road, Lucknow. As of March 2026, Arjunganj has the highest average rate at ₹9,717 per sq ft, followed by The Mall Avenue at ₹9,888 per sq ft, and Butler Colony at ₹8,429 per sq ft. In contrast, Husainganj offers more affordable options with an average rate of ₹4,895 per sq ft, while Jankipuram is priced at ₹5,511 per sq ft and Lalbagh at ₹5,182 per sq ft. Most of these micromarkets have shown stable prices with a 0% change, except for Jankipuram which depreciated by 0.92% and Butler Colony which appreciated by 4.31%.

On Sultanpur Road, Lucknow, apartments are priced at an average of ₹5,490 per sq ft as of March 2026, showing a 2.6% appreciation. Villas, on the other hand, are priced lower at ₹4,654 per sq ft, but have experienced a depreciation of 6.26% over the same period. This suggests that while apartments are currently commanding higher prices, villas have seen a notable price correction.

As of March 2026, Ready To Move properties on Sultanpur Road, Lucknow, are priced at an average of ₹5,601 per sq ft, showing a slight appreciation of 1.23%. In comparison, Under Construction properties are available at a lower average of ₹5,252 per sq ft. However, the Under Construction segment has seen a significant depreciation of 8.59%, indicating a potential buying opportunity for those willing to wait for completion.

As of March 2026, among the projects listed on Sultanpur Road, Lucknow, AKG Skyline Plaza has a current rate of ₹6,080 per sq ft, though it has depreciated by 4.15%. Varda Gardenia is listed at ₹5,866 per sq ft with no change, and Shri Balaji BCC Sapphire is at ₹5,857 per sq ft, having depreciated by 17.85%. Excella Kutumb is priced at ₹5,631 per sq ft, showing a 3.45% appreciation, while Shri Balaji BCC Tower is at ₹4,826 per sq ft with a slight appreciation of 0.29%.

For rental properties on Sultanpur Road, Lucknow, 2 BHK apartments command an average rent of ₹16,800 per month, while 3 BHK apartments are rented for an average of ₹19,140 per month. These figures reflect the typical rental market for residential apartments in the area, with larger units naturally fetching higher monthly rentals.

Rental rates vary across micromarkets near Sultanpur Road, Lucknow. As of March 2026, Sarsawan shows the highest average rental rate at ₹25 per sq ft, followed by Butler Colony at ₹21 per sq ft and The Mall Avenue at ₹20 per sq ft. Husainganj, despite its lower sale prices, has seen a significant depreciation of 17.39% in rental rates, now averaging ₹19 per sq ft. Vipul Khand offers the most affordable rentals at ₹8 per sq ft, while Arjunganj and Jankipuram are both at ₹15 per sq ft.

The average rental yield for Sultanpur Road, Lucknow, is currently listed as 'NA' (Not Available). This means that based on the provided data, a direct calculation of the rental yield, which typically compares rental income to property value, cannot be determined. Investors looking for income-generating properties would need to consider other metrics or additional data sources.

As of March 2026, Excella Kutumb on Sultanpur Road, Lucknow, stands out as a prominent project for rentals, with a current rental rate of ₹17 per sq ft. While it has one listing, its presence in the top projects by rent indicates its significance in the rental market of the area. No change in rental rate has been recorded for this project.

A listing count of 1,668 properties on Sultanpur Road, Lucknow, as of March 2026, indicates a substantial supply of available real estate in the area. This high number suggests a competitive market for sellers and potentially more choices for buyers, which could influence negotiation power and price movements.

The price trend data for Sultanpur Road, Lucknow, offers insights for investment decisions. For instance, the micromarket rate saw a significant increase from ₹3,047 per sq ft in December 2025 to ₹6,605 per sq ft in March 2026, while the overall location rate grew more moderately. Understanding these diverging trends between the broader locality and specific micromarkets can help investors identify areas with strong growth potential or potential risks.