Property Rates in The Mall Avenue, Lucknow

The Mall Avenue market offers properties primarily in the Ready To Move category, catering to buyers seeking immediate possession. Currently, three Ready To Move units are available, with an average price of ₹5,503 per sq ft. This segment provides a clear option for those looking to bypass construction timelines and move into their new homes or investment properties without delay.

Property rates across Lucknow's sub-localities adjacent to The Mall Avenue showcase varied performance. Hazratganj stands out with a notable 11.95% increase, commanding an average of ₹5,977 per sq ft, indicating strong appreciation. Butler Colony also demonstrated positive momentum, with average rates rising by 4.31% to ₹8,429 per sq ft. In contrast, Jankipuram experienced a slight dip of -0.49% to ₹5,535 per sq ft, while areas like Husainganj, Lalbagh, and Aminabad maintained stable rates, averaging ₹4,895, ₹5,182, and ₹4,044 per sq ft respectively.

In The Mall Avenue, 3 BHK apartments are a prominent rental option within the residential segment. These apartments, typically found in residential buildings, command a significant average rent of ₹28,250 per month. This highlights a strong demand for larger family-sized units in the locality.

Rental trends in neighboring areas of Lucknow show varied performance. Husainganj and Hazratganj both report an average rental rate of ₹21 per sq ft, however, Husainganj has seen a decline of -8.7%, and Hazratganj a decrease of -4.55%. Meanwhile, Butler Colony offers a rental rate of ₹18 per sq ft, and Jankipuram is priced at ₹15 per sq ft, maintaining stable rental figures.