Property rates · Lucknow
Lucknow property rates: prices, trends and forecast
Thinking of buying in Lucknow? Here is what a square foot costs today, how fast prices have grown since 2020, what is happening in the market right now, and where rates could be by 2030. Plain numbers, no sales pitch.
By Mridul Shakya, Property Nivesh Team ·Reviewed by Rakesh Mahajan ·Published ·Updated ·Rates checked monthly The short answer
- ✓ Property in Lucknow costs about ₹5,200 per sq ft on average (2025), the 15th highest of the 15 Indian cities we track.
- ✓ Prices are up 58% since 2020, or about 10% a year.
- ✓ Gomti Nagar Extension is the priciest of the 4 areas on this page at ₹8,700 per sq ft, and it also grew fastest (+57% since 2021).
- ✓ Rents return about 3.2% a year: roughly ₹26,700 a month on a ₹1 crore home.
- ✓ Our base-case forecast for 2030: about ₹7,000 per sq ft (range ₹6,100–₹7,100). A projection, not advice.
Property rates in Lucknow today
The average asking price in Lucknow is ₹5,200 per sq ft. That makes it the 15th most expensive of the 15 Indian cities on our tracker. Five years ago, in 2020, the same average was about ₹3,290 per sq ft.
Average rate (2025)
₹5,200 /sq ft
Growth since 2020
+58% (10% a year)
Rental yield
3.2%
Lucknow property rates by year
Our tracker has the Lucknow city average for 2020 and 2025. The chart shows both, then our forecast to 2030 as striped bars (thin lines mark the low and high cases). For a year-by-year picture, see the 4 localities below.
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Property price trends in Lucknow: is the market still rising?
By our estimates, rates rose in 2025 in all 4 localities on this page. Gomti Nagar Extension rose the most (11.5%), while Raebareli Road rose 2.9%.
Real estate market trends in Lucknow
Prices are only one part of the story. Here is what the other numbers we follow say about the Lucknow market.
- Prices: the average asking rate is up 58% since 2020 on our tracker, about 10% a year.
- New supply: Builders registered 62 new projects with UP RERA in 2025, up from 35 in 2021 (+77%). More new projects usually means more choice for buyers, and over time more competition on price.
- Rents: a gross rental yield of about 3.2%, so rent covers only a small part of the price each year. Most buyers here are paying for future value or for a home to live in.
Lucknow localities at a glance
Here is how the 4 localities compare. Tap a name to jump to its chart. Most of these areas cost more than the Lucknow average of ₹5,200 per sq ft. That average covers every project and listing we track across the city, so it also takes in cheaper areas.
| Locality | 2025 rate | Since 2020 | Per year | In 2025 | Rental yield | 2030 base case |
|---|---|---|---|---|---|---|
| Gomti Nagar Extension | ₹8,700 | +57% (from 2021) | +11.9% | +11.5% | 2% | ₹12,900 |
| Gomti Nagar | ₹7,700 | +33% | +5.8% | +8.5% | 3% | ₹10,800 |
| Sushant Golf City | ₹6,850 | +71% | +11.4% | +4.6% | 3% | ₹8,900 |
| Raebareli Road | ₹5,300 | +32% | +5.8% | +2.9% | 2% | ₹6,700 |
Rates are average asking prices per sq ft (our estimates). "Per year" is the average yearly rise from each locality's first year to 2025. Rental yield is a year's rent as a share of the price, before costs.
Gomti Nagar Extension property rates
Gomti Nagar Extension costs about ₹8,700 per sq ft on average, the highest of the 4 localities here. It has gone from ₹5,550 in 2021 to ₹8,700 in 2025: up 57%. It also rose the most in 2025, by 11.5%.
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| Year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹5,550 | ₹5,600 | ₹6,550 | ₹7,800 | ₹8,700 | ₹8,750 |
| Change | — | +0.9% | +17.0% | +19.1% | +11.5% | +0.6% |
What you should know about Gomti Nagar Extension
- The area: Gomti Nagar Extension is a newer, apartment-led area and home to the Ekana cricket stadium. Flats on offer far outnumber plots.
- Why prices moved: It is one of the Lucknow corridors where prices have grown fastest since 2021. The Outer Ring Road, the Lucknow Metro and demand for premium homes have driven Lucknow's rise.
- What to watch: Listings draw the area's edges differently, and some treat Gomti Nagar Extension Bypass Road as a separate area, so check the exact sector.
- Who it suits: Buyers who want a flat in a new gated high-rise. Rental yield is only about 2%, so it suits end-users more than rental investors.
- Rent: about 2% a year. A ₹1 crore home here would rent for roughly ₹16,700 a month.
- Outlook: our base case for 2030 is ₹12,900 per sq ft (range ₹10,600–₹15,000).
About these figures: Property Nivesh estimates for apartments. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50. 2026* is the year so far.
Gomti Nagar property rates
Gomti Nagar costs about ₹7,700 per sq ft on average, the second-highest of the 4 localities here. It has gone from ₹5,800 in 2020 to ₹7,700 in 2025: up 33%. It rose 8.5% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|---|---|
| Rate per sq ft | ₹5,800 | ₹5,500 | ₹5,600 | ₹6,150 | ₹7,100 | ₹7,700 | ₹7,950 |
| Change | — | −5.2% | +1.8% | +9.8% | +15.4% | +8.5% | +3.2% |
What you should know about Gomti Nagar
- The area: Gomti Nagar is one of Lucknow's most popular areas. Flats, villas and plots all sell here, and plots on offer outnumber flats.
- Why prices moved: Gomti Nagar railway station has been rebuilt to handle 40,000 passengers a day, up from 4,000. Lucknow's prices have been lifted by better roads and metro links, higher building costs and demand for premium homes.
- What to watch: Few flats are listed, so the average can jump from one quarter to the next.
- Who it suits: Buyers who want a settled, established address in the city.
- Rent: about 3% a year. A ₹1 crore home here would rent for roughly ₹25,000 a month.
- Outlook: our base case for 2030 is ₹10,800 per sq ft (range ₹9,100–₹11,600).
About these figures: Property Nivesh estimates for apartments. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50. 2026* is the year so far.
Sushant Golf City property rates
Sushant Golf City costs about ₹6,850 per sq ft on average, the third-highest of the 4 localities here. It has gone from ₹4,000 in 2020 to ₹6,850 in 2025: up 71%. It rose 4.6% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|---|---|
| Rate per sq ft | ₹4,000 | ₹4,300 | ₹4,800 | ₹5,650 | ₹6,550 | ₹6,850 | ₹7,500 |
| Change | — | +7.5% | +11.6% | +17.7% | +15.9% | +4.6% | +9.5% |
What you should know about Sushant Golf City
- The area: Sushant Golf City is a large township on Amar Shaheed Path with housing, schools, hospitals, a golf course and Lulu Mall.
- Why prices moved: Lulu Mall, about 2.2 million sq ft, opened in the township in July 2022. It is one of the Lucknow corridors where prices have grown fastest since 2021.
- What to watch: The discount to Gomti Nagar has narrowed a lot since 2020, so it is no longer the bargain it was.
- Who it suits: Families who want a planned township with a mall, schools and a golf course close by.
- Rent: about 3% a year. A ₹1 crore home here would rent for roughly ₹25,000 a month.
- Outlook: our base case for 2030 is ₹8,900 per sq ft (range ₹7,800–₹9,200).
About these figures: Property Nivesh estimates for apartments. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50. 2026* is the year so far.
Raebareli Road property rates
Raebareli Road costs about ₹5,300 per sq ft on average, the most affordable of the 4 localities here. It has gone from ₹4,000 in 2020 to ₹5,300 in 2025: up 32%. It rose 2.9% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|---|---|
| Rate per sq ft | ₹4,000 | ₹4,000 | ₹4,400 | ₹4,650 | ₹5,150 | ₹5,300 | ₹5,550 |
| Change | — | +0.0% | +10.0% | +5.7% | +10.8% | +2.9% | +4.7% |
What you should know about Raebareli Road
- The area: Raebareli Road is a corridor out of Lucknow. SGPGI, the large medical institute, has its campus on it, and plots for sale outnumber flats.
- Why prices moved: Lucknow's prices have been lifted by better roads and metro links, higher building costs and demand for premium homes. Growth has been slower than in the city's hottest corridors: about a third from 2020 to 2025.
- What to watch: Plots dominate supply and the flat rate has swung sharply from one quarter to the next, so read single quarters with care.
- Who it suits: Buyers who work at SGPGI or nearby and want a flat for less than in Gomti Nagar.
- Rent: about 2% a year. A ₹1 crore home here would rent for roughly ₹16,700 a month.
- Outlook: our base case for 2030 is ₹6,700 per sq ft (range ₹6,000–₹7,100).
About these figures: Property Nivesh estimates for apartments. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50. 2026* is the year so far.
Lucknow property price forecast, 2026–2030
Short answer: probably up, at a steadier pace. Our base case puts the Lucknow average near ₹7,000 per sq ft by 2030, a rise of about 35% from today. Here is the full picture.
| Year | Low case | Base case | High case | Base-case growth |
|---|---|---|---|---|
| 2025 (actual) | — | ₹5,200 | — | — |
| 2026 | ₹5,400 | ₹5,500 | ₹5,500 | +6.4% |
| 2027 | ₹5,500 | ₹5,900 | ₹5,900 | +6.3% |
| 2028 | ₹5,700 | ₹6,300 | ₹6,300 | +6.2% |
| 2029 | ₹5,900 | ₹6,600 | ₹6,700 | +6.2% |
| 2030 | ₹6,100 | ₹7,000 | ₹7,100 | +6.1% |
Lucknow average rate per sq ft. Forecast values rounded to the nearest ₹100.
| Locality | 2025 rate | 2030 low | 2030 base case | 2030 high |
|---|---|---|---|---|
| Gomti Nagar Extension | ₹8,700 | ₹10,600 | ₹12,900 | ₹15,000 |
| Gomti Nagar | ₹7,700 | ₹9,100 | ₹10,800 | ₹11,600 |
| Sushant Golf City | ₹6,850 | ₹7,800 | ₹8,900 | ₹9,200 |
| Raebareli Road | ₹5,300 | ₹6,000 | ₹6,700 | ₹7,100 |
How we worked out the forecast
We kept it simple on purpose, so you can check it yourself. It rests on two numbers:
- A starting pace. For the Lucknow forecast that is the middle value of the latest yearly rises in the 4 localities on this page (6.5%). We use it because our tracker has the Lucknow average for 2020 and 2025, not for every year in between. Each locality starts from its own latest yearly rise.
- A long-run pace. We use 6.1% a year: the average yearly rise in NHB RESIDEX, the National Housing Bank's index of home values in 50 cities, over the 8 quarters from Q3 2024 to Q2 2026, as printed in NHB's press releases.
- Base case: growth starts at the starting pace and moves in equal steps towards the long-run pace, reaching it in year five. Fast markets tend to cool and slow ones tend to catch up.
- Low case: half the base-case growth each year. Think of a slower market or a few flat years.
- High case: the faster of the two paces, held for all five years.
That is all there is to it. The model does not know about interest rates, new supply, policy changes or a slowdown. Any of those can move prices well outside this range.
Please read before you use the forecast
- The forecast is based on our research and past rates only. It is an estimate, not a prediction you can rely on.
- It is not investment, financial, legal or tax advice, and it is not a recommendation to buy, sell or hold any property.
- Past growth does not guarantee future growth. Property prices can fall as well as rise.
- Rates are averages. A single project, tower or flat can be priced very differently.
- Talk to a qualified adviser and do your own checks (RERA registration, title, the builder's track record) before you decide.
How we get these rates
- What the numbers are: the Lucknow city average is the average asking price per sq ft across the projects and listings our team tracks. The locality figures are Property Nivesh estimates: our team compiled them from public listing data and market reports for each year, then rounded them to the nearest ₹50. A year without a reliable figure is left blank, never guessed. None of these are registered sale prices or government circle rates.
- One number per year: the Lucknow figures are our city average for 2020 and 2025; each locality below has a figure for every year we could pin down.
- Checked every month: we review the rates monthly. Once the current year has checks, its bar shows the average so far and is marked with a star (*). It firms up as the months come in. The starred locality figures are part-year estimates for the same reason.
- Who checks: the Property Nivesh Team writes these pages, and our editor reviews them before they go live. See our editorial policy and methodology.
- Sources: Property Nivesh price tracker and project pages; Property Nivesh estimates compiled from public listing data and market reports (locality figures); National Housing Bank, NHB RESIDEX press releases (for the long-run pace); UP RERA registered-project lists. NHB RESIDEX is a registered trademark of the National Housing Bank.
Questions people ask about Lucknow property rates
What are property rates in Lucknow right now? ＋
About ₹5,200 per sq ft on average (the city average on our tracker, 2025). Rates vary a lot by area: from ₹5,300 per sq ft on Raebareli Road to ₹8,700 per sq ft in Gomti Nagar Extension.
How much have property prices grown in Lucknow? ＋
Up 58% from 2020 to 2025 on our tracker, which works out to about 10% a year. Gomti Nagar Extension grew fastest of the areas on this page, by 57% since 2021.
Are property prices in Lucknow still rising in 2026? ＋
Yes, by our estimates. In 2025, rates rose in all 4 localities on this page, by between 2.9% and 11.5%. The Lucknow average on our tracker is up 58% since 2020.
What is the property price forecast for Lucknow? ＋
Our base case puts the Lucknow average near ₹7,000 per sq ft by 2030, within a range of ₹6,100 to ₹7,100. It is a simple projection from past rates and the national trend, not a promise and not investment advice. The method is explained on this page.
Which area of Lucknow has the highest property rates? ＋
Of the 4 areas on this page, Gomti Nagar Extension is the priciest, at about ₹8,700 per sq ft in 2025. Gomti Nagar comes next at ₹7,700 per sq ft, and Raebareli Road is the most affordable at ₹5,300 per sq ft.
Is Lucknow a good place to invest in property? ＋
We don't give investment advice, but here are the numbers that matter. Prices grew about 10% a year from 2020 to 2025, and rents return about 3.2% of the price a year before costs. Compare those with what your money earns elsewhere, check the project's RERA registration and the builder's record, and plan for prices to move slower than they did recently.
What is the rental yield in Lucknow? ＋
About 3.2% a year before costs. In plain terms, a ₹1 crore home in Lucknow would rent for roughly ₹26,700 a month.
How often are these rates updated? ＋
We check them every month. When a year's checks come in, that year's bar shows the average so far, and the figure firms up as the months pass. The rates were last reviewed on 13 October 2026.
Property rates in other cities
- Noida property rates · ₹11,200 per sq ft
- Greater Noida property rates · ₹7,800 per sq ft
- Jaipur property rates · ₹5,600 per sq ft
- Kolkata property rates · ₹7,500 per sq ft
- Chandigarh property rates · ₹12,000 per sq ft
- All cities: property rates in India
More on Lucknow
Disclaimer: all figures are indicative and for general information. Property Nivesh is an independent research platform, not a broker or an agent for any developer. Rates, forecasts and project prices change, so confirm the current price with the developer and check RERA records before you pay anything.