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Property Rates in Vikas Nagar, Lucknow

Comprehensive Market Snapshot

Vikas Nagar in Lucknow presents a dynamic real estate landscape, with current asking prices averaging ₹4,554 per sq ft. The market has seen some price adjustments in recent quarters, while the rental segment offers specific opportunities, particularly for 2 BHK apartments. Investors and homebuyers can explore a range of property types, from apartments to villas, and ready-to-move options.

  • The current asking price for properties in Vikas Nagar stands at ₹4,554 per sq ft.
  • Average rental for a 2 BHK apartment in the area is ₹16,333 per month.
  • Villas in Vikas Nagar command an average price of ₹6,808 per sq ft, despite a recent decline.
  • Top projects like Rohtas Apartments show strong price appreciation with a 13.63% increase.
  • Ready To Move properties are available at an average of ₹4,358 per sq ft.

  • Asking Sale Price₹ 4,554 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Recent Transactions
  • Rental Trends
  • Other Property Rates

Insights for Vikas Nagar, Lucknow Real Estate Market

The real estate market in Vikas Nagar, Lucknow, is currently priced at an average of ₹4,554 per sq ft, reflecting recent quarterly adjustments. Over the last three quarters, property rates in the area have seen a downward trend, moving from ₹5,324 per sq ft in March 2025 to the current level. The rental market, while not providing an overall average, indicates a specific demand for 2 BHK residential apartments, which command an average rent of ₹16,333 per month. The availability of ready-to-move properties at competitive prices presents an immediate opportunity for potential buyers.

  • Vikas Nagar's average property rate decreased from ₹5,324 per sq ft in Mar 2025 to ₹4,554 per sq ft by Dec 2025.
  • Apartments are priced at ₹4,554 per sq ft, experiencing a -3.7% change, while villas are higher at ₹6,808 per sq ft but saw a -15.26% decline.
  • Ready To Move units are available at ₹4,358 per sq ft, with 30 units reported in this category.
  • Aliganj, a nearby locality, has an average rental rate of ₹25 per sq ft, but recorded a -16.67% change.
  • Projects such as Rohtas Apartments and Ajit Residency have shown notable price increases of 13.63% and 16.39%, respectively.

Market Strengths Market Strengths
  • The presence of diverse property types, including apartments and villas, caters to a broad range of buyer preferences.
  • Top projects like Rohtas Apartments and Ajit Residency demonstrate strong positive growth in asking prices, with increases of 13.63% and 16.39% respectively.
  • The availability of 30 Ready To Move units provides immediate housing solutions and potential for quick rental yields.
  • A stable rental market exists for 2 BHK residential apartments, averaging ₹16,333 per month.
  • Specific projects, such as Rohtas Apartments and Singh Tower, maintain a competitive rental rate of ₹18 per sq ft.
  • Nearby Indira Nagar shows a strong rental market with a 28.57% increase in average rental rates, indicating regional demand.
Market Challenges Market Challenges
  • The overall property rates in Vikas Nagar have experienced a consistent quarterly decline, moving from ₹5,324 per sq ft in Mar 2025 to ₹4,554 per sq ft by Dec 2025.
  • Villas have seen a significant price adjustment, with their average rate decreasing by -15.26%.
  • Apartments also registered a price decline of -3.7% over the period.
  • Ready To Move properties, while available, have also seen a slight price drop of -1.08%.
  • Some nearby rental markets, like Aliganj, show a -16.67% change in average rental rates, indicating potential volatility in rental returns for certain areas.
Investment Opportunities Investment Opportunities
  • Investing in projects like Rohtas Apartments or Ajit Residency could be beneficial, given their strong positive price growth of 13.63% and 16.39% respectively.
  • The availability of 30 Ready To Move units at ₹4,358 per sq ft offers immediate possession and potential rental income.
  • Villas, despite a recent price adjustment, still command a higher per sq ft rate of ₹6,808, suggesting a premium segment for long-term appreciation.
  • The demand for 2 BHK residential apartments, with an average rent of ₹16,333 per month, presents a stable rental income opportunity.
  • Projects such as Rohtas Apartments and Singh Tower offer rental rates of ₹18 per sq ft, indicating good rental potential for specific properties.
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Property Price Trends in Vikas Nagar, Lucknow

Asking Price Trends

Property prices in Vikas Nagar, Lucknow, have experienced a downward trend over the past year. The average location rate, which stood at ₹5,324 per sq ft in March 2025, gradually declined to ₹4,797 per sq ft by June 2025 and further to ₹4,729 per sq ft in September 2025. By December 2025, the rate settled at ₹4,554 per sq ft, indicating a consistent adjustment in the market.

Quarter City Rate
Dec 2025 4554
Sep 2025 4729
Jun 2025 4797
Mar 2025 5324
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Price Trends by Property Type

Vikas Nagar's real estate market offers distinct options for different property preferences. Apartments are currently priced at an average of ₹4,554 per sq ft, experiencing a -3.7% change. For those seeking more spacious living, villas command a higher average price of ₹6,808 per sq ft. However, the villa segment has seen a notable adjustment, with prices declining by -15.26%.

Type Rate (₹/sq.ft) Change %
Villa 6,808 -15.26
Apartment 4,554 -3.7
Price Trends by Project Status

The Vikas Nagar market currently offers a segment of Ready To Move properties, catering to buyers seeking immediate occupancy. There are 30 such units available, with an average price of ₹4,358 per sq ft. This segment has observed a slight price adjustment of -1.08%, providing options for timely investments.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 30 4,358 -1.08
Price Trends by Localities

Vikas Nagar's property market, with an average asking price of ₹4,554 per sq ft, positions it as a moderately priced locality within Lucknow. Nearby areas like Khurram Nagar offer more affordable options at ₹3,476 per sq ft, while Gaurabagh is closely priced at ₹4,473 per sq ft. In contrast, localities such as Vishnupuri and Aliganj command higher rates of ₹5,729 per sq ft and ₹5,258 per sq ft, respectively. Premium areas like Mahanagar and Adil Nagar stand significantly higher, at ₹8,550 per sq ft and ₹7,928 per sq ft, showcasing a diverse pricing spectrum around Vikas Nagar.

Location Rate (₹/sq.ft) Change %
Vishnupuri 5,729 -
Aliganj 5,258 2.6
Khurram Nagar 3,476 -
Adil Nagar 7,928 -
Mahanagar 8,550 -0.7
Gaurabagh 4,473 -
Faizabad Road 5,058 -4.3
Jankipuram 5,535 -0.5
New Hyderabad 6,424 -
Kursi Road 3,759 9.8

Project and Developer Insights

Top Projects in Vikas Nagar
Shalimar Gallant West is the top project in Vikas Nagar with prices from ₹ 2.45 Cr to 2.50 Cr.
Shalimar Gallant West ₹ 2.45 Cr - ₹ 2.5 Cr
  • Lucknow North, Lucknow
Eldeco Latitude 27 ₹ 89.62 L - ₹ 1.4 Cr
  • Lucknow North, Lucknow
Shalimar Garden Bay Crown ₹ 71.98 L - ₹ 1.07 Cr
  • Lucknow North, Lucknow
BP DPS Palladio ₹ 1.09 Cr - ₹ 1.66 Cr
  • Lucknow East, Lucknow
Pintail Park City ₹ 1.08 Cr - ₹ 1.66 Cr
  • Lucknow East, Lucknow
Rudra Vardaan Heights ₹ 32.81 L - ₹ 54.31 L
  • Lucknow South, Lucknow
Omega Suraksha Enclave Price On Request
  • Lucknow South, Lucknow
Pardos Okas Residency ₹ 63.04 L - ₹ 80.75 L
  • Lucknow South, Lucknow
Rishita Mulberry Heights ₹ 1.02 Cr - ₹ 1.73 Cr
  • Lucknow South, Lucknow
Amrawati IT City ₹ 4.58 Cr - ₹ 5.45 Cr
  • Lucknow East, Lucknow
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Several projects in Vikas Nagar are setting benchmarks for asking prices. Rohtas Apartments leads with a current rate of ₹6,278 per sq ft, showing a significant 13.63% increase. Ajit Residency also demonstrates strong growth, priced at ₹5,050 per sq ft with a 16.39% increase. Other notable projects include Manno Tower and Royal Apartment, both holding rates around ₹4,359 per sq ft and ₹4,350 per sq ft respectively, indicating stable pricing in these developments.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Rohtas Apartments 6,278 13.6
Ajit Residency 5,050 16.4
Manno Tower 4,359 -
Royal Apartment 4,350 -
Maa Shaarda Complex 4,293 -1.5
Mehboob Apartments 4,293 -
Aasha Roop Apartments 4,292 -0.5
Singh Tower 4,292 -1.5
Dhanshree Apartments 4,284 -1.3
Sun Apartments Vikas Nagar 4,284 -1.3
Top Projects by Rental Rates

Leading the rental market for projects in Vikas Nagar are Rohtas Apartments and Singh Tower. Both projects offer competitive rental rates, averaging ₹18 per sq ft, with no significant change observed in their rental values.

Project Name Rate (₹/sq.ft) Change %
Rohtas Apartments 18 -
Singh Tower 18 -
Top Developers in Lucknow
Rohtas Builder leads in Lucknow with 22 projects and 25 years of experience.
DLF
Rohtas Builder ₹ 40.8 L - ₹ 44 L
  • 22 Projects
  • 25 Years
DLF
Unitech ₹ 63 L - ₹ 87.02 L
  • 5 Projects
  • 48 Years

Recent Registered Transaction in Vikas Nagar

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-03-10 Floor 3, Unit 302 N/A 351 Sq.Ft. 3300000 🔒

Property Rental Trends in Vikas Nagar, Lucknow

Rental Trends by Unit Type

For those seeking rental accommodations, 2 BHK residential apartments in Vikas Nagar are available at an average rental rate of ₹16,333 per month.

Unit Type Rate (₹)
2 Bhk 16,333
Rental Trends by Nearby Localities

In the rental market surrounding Vikas Nagar, rates vary across localities. Vibhuti Khand commands the highest average rental rate at ₹35 per sq ft. Aliganj follows at ₹25 per sq ft, though it has seen a -16.67% change. Indira Nagar offers rentals at ₹18 per sq ft, notably experiencing a significant 28.57% increase, while Faizabad Road maintains a rate of ₹16 per sq ft with no change.

Locality Rate (₹/sq.ft) Change %
Aliganj 25 -16.67
Faizabad Road 16 -
Jankipuram 15 -
Indira Nagar 18 28.57
Butler Colony 18 -
Jankipuram 15 -
Hazratganj 21 -4.55
Vibhuti Khand 35 -
Chowk 19 -
Husainganj 21 -8.7
Rental Trends by Property Type

The rental market in Vikas Nagar for specific property types highlights villas, which are available at an average rental rate of ₹12 per sq ft, showing no change in their rental value.

Property Type Rate (₹/sq.ft) Change %
Villa 12 -
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