Property Rates in The Mall Avenue, Lucknow 2026

Property price trends in The Mall Avenue have shown significant volatility throughout the recent quarters. As of June 2026, the micromarket rate stands at ₹10,750 per sq ft, reflecting a recovery from the ₹6,000 per sq ft recorded in March 2026. Prior to that, the rate was ₹6,550 per sq ft in December 2025 and ₹6,200 per sq ft in September 2025, suggesting that the market is currently experiencing a notable upward trajectory in valuation.

Ready-to-move properties in The Mall Avenue are currently priced at an average of ₹5,300 per sq ft as of June 2026. This segment has seen a depreciation of 4.03% compared to the previous period, which may present a more accessible entry point for end-users looking for immediate possession without the risks associated with under-construction projects.

As of June 2026, GC Empire Estate Residency and Rohtas Golf Link Apartments lead with listing rates of ₹5,350 per sq ft, though both have seen a depreciation of 3.42% compared to the prior period. Orchid Apartments The Mall Avenue follows with a listing rate of ₹5,100 per sq ft, which has experienced a depreciation of 5.27% over the same timeframe. These figures provide a baseline for buyers evaluating premium residential options within the locality.

The average rental yield in The Mall Avenue is 2.42% as of June 2026. For investors, this yield represents the annual rental income relative to the property's capital value, serving as a key metric to assess the income-generating potential of residential assets in the area. While the average rental rate is ₹20 per sq ft, the yield suggests a market that is currently balanced more toward long-term capital appreciation rather than high immediate cash flow.

As of June 2026, 2 BHK apartments in The Mall Avenue command an average monthly rent of ₹26,650, while 3 BHK apartments are typically available at ₹28,750 per month. These figures offer prospective tenants a clear understanding of the budget required for different unit sizes, with the marginal difference between 2 BHK and 3 BHK configurations indicating a competitive rental market for larger family-sized homes.

Rental rates in The Mall Avenue currently average ₹20 per sq ft, which sits notably lower than the ₹50 per sq ft average observed in several surrounding areas like Hazratganj, Butler Colony, and Sultanpur Road as of June 2026. While areas like Husainganj and Hazratganj have seen rental depreciation of 15.79% and 5.26% respectively, The Mall Avenue has maintained stable rental pricing with a 0% change, offering a distinct value proposition for tenants compared to the higher-priced neighbouring micromarkets.

GC Empire Estate Residency and Orchid Apartments The Mall Avenue are among the top projects for renters in The Mall Avenue as of June 2026. GC Empire Estate Residency currently lists at ₹26 per sq ft, while Orchid Apartments The Mall Avenue lists at ₹20 per sq ft. Both projects have maintained stable rental rates with a 0% change, reflecting consistent demand for established residential complexes in this specific locality.