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Property Rates in Tagore Town, Allahabad
Comprehensive Market Snapshot
Property rates in Tagore Town, Allahabad average ₹6,950 per sq ft. Apartments in this locality have seen a notable decline of -12.86% in the last quarter. Meanwhile, the nearby Naini area offers residential apartments at a lower average of ₹4,950 per sq ft, experiencing a slight decrease of -5.81%.
- Asking Sale Price₹ 6,950 /sq.ft
Insights for Tagore Town, Allahabad Real Estate Market
Tagore Town, Allahabad presents a current asking price of ₹6,950 per sq ft, with apartments showing a significant quarterly drop of -12.86%. Price trends indicate a downward movement from ₹8,000 per sq ft in June 2025 to ₹6,950 per sq ft in September 2025, while the broader micromarket rate saw an increase from ₹8,150 to ₹9,850 per sq ft over the same period. Nearby Naini offers residential apartments at ₹4,950 per sq ft, down 5.81%. The market also includes apartments with an average price of ₹6,950 per sq ft.
- Apartments in Tagore Town have experienced a significant price correction, decreasing by 12.86% recently.
- The average asking price in Tagore Town stands at ₹6,950 per sq ft.
- Residential apartments in the adjacent Naini locality are priced lower at an average of ₹4,950 per sq ft, reflecting a 5.81% decrease.
- Quarterly price trends show a dip in Tagore Town's location rate from ₹8,000 to ₹6,950 per sq ft, contrasting with a rise in the micromarket rate from ₹8,150 to ₹9,850 per sq ft.
Property Price Trends in Tagore Town, Allahabad
The asking price for properties in Tagore Town has seen a recent decrease, moving from ₹8,000 per sq ft in June 2025 to ₹6,950 per sq ft by September 2025. This trend indicates a softening in property values within the locality over the past quarter.
In Tagore Town, apartments are the primary property type highlighted, with an average price of ₹6,950 per sq ft. This segment has experienced a significant downturn of -12.86% in the last quarter, suggesting a market adjustment for residential units.
While Tagore Town itself averages ₹6,950 per sq ft for apartments, the adjacent Naini area presents a more affordable option for residential apartments, priced at ₹4,950 per sq ft. This nearby locality has experienced a slight dip of -5.81% in its property rates. The micromarket encompassing Tagore Town, however, shows a contrasting upward trend, with rates climbing from ₹8,150 to ₹9,850 per sq ft between June and September 2025.
FAQs about Property Rates in Tagore Town, Allahabad
As of March 2026, the average asking price in Tagore Town is ₹6,950 per sq ft. This indicates no change in the asking price compared to the previous period, suggesting a stable market. The property type predominantly available and considered for this average is residential apartments.
Property prices in Tagore Town have seen fluctuations over the past few quarters. From June 2025 to September 2025, the average rate appreciated by 0% from ₹8,000 per sq ft to ₹6,950 per sq ft. However, the data shows a significant depreciation of -12.86% for apartments specifically, from ₹8,000 per sq ft in June 2025 to ₹6,950 per sq ft in September 2025. The most recent data for March 2026 shows a rate of ₹6,950 per sq ft, indicating stability from September 2025. The micromarket rate, which reflects a broader area, was ₹8,150 per sq ft in June 2025, rose to ₹9,850 per sq ft in September 2025, and then dropped to ₹10,300 per sq ft in December 2025 before showing 0 in Mar 2026. This suggests varied demand and supply dynamics across different segments and timeframes.
As of March 2026, the average price for apartments in Tagore Town stands at ₹6,950 per sq ft. This segment has experienced a notable depreciation of -12.86% from the period of June 2025 to March 2026. This downward trend in apartment prices might indicate increased inventory or a shift in buyer preferences within the locality.
Property rates in Tagore Town are significantly higher than in the nearby Naini locality. As of March 2026, Tagore Town has an average asking price of ₹6,950 per sq ft for apartments. In contrast, Naini, which also focuses on residential apartments, has an average rate of ₹4,950 per sq ft. Naini has seen a depreciation of -5.81% in its property rates from the previous period, while Tagore Town's apartment segment has also depreciated by -12.86% over a similar timeframe.