Stories
Lucknow Housing Prices Soar 63% in 5 Years, Joins India's 11 Emerging Cities
N
News18•23-09-2026, 23:45
Lucknow Housing Prices Soar 63% in 5 Years, Joins India's 11 Emerging Cities
- •Lucknow is now among Indian cities experiencing rapid house price increases, with an average 63% rise between 2021-2026 in 11 emerging cities.
- •The 'India's Next Real Estate Markets' report by CII and Knight Frank India highlights growing buyer interest in smaller, fast-growing cities.
- •Lucknow, Jaipur, Chandigarh Tricity, Indore, Bhopal, Bhubaneswar, Coimbatore, Goa, Kochi, Nagpur, and Visakhapatnam are identified as emerging cities.
- •House prices in Lucknow currently range from approximately Rs 6,500 to Rs 8,500 per square foot, driven by demand for good infrastructure and amenities.
- •The growth in Lucknow is influencing other UP cities like Kanpur, Agra, Varanasi, Prayagraj, and Moradabad, with increasing demand for homes and commercial warehouses.
Key Questions Answered
According to a report by CII and Knight Frank India, house prices across 11 emerging cities in the country, including Lucknow, increased by an average of 63 percent between 2021 and 2026. During the same period, prices in eight major cities rose by 42 percent.
The report indicates that house prices in Lucknow currently range from approximately Rs 6,500 to Rs 8,500 per square foot, though prices can vary depending on the specific area.
Alongside Lucknow, the emerging cities listed in the report include Jaipur, Chandigarh Tricity, Indore, Bhopal, Bhubaneswar, Coimbatore, Goa, Kochi, Nagpur, and Visakhapatnam.
