All citiesUttar Pradesh · Tier 1 · 8 micro-markets · reckoner: IGRS UP — Circle Rates

Lucknow rates, per sq ft carpet.

city avg 12-month change ▲ 7.9%· market runs +17.2% over reckoner
pop. 4.1 mn (2026e, 2.9 mn in 2011) · rented 26% / owned 74%
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Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Hazratganj – Gomti Nagar
Central business district
₹8,420₹6,360+32.4% (+3.4% vs city line)₹16.82.39%
2 BHK ₹16,000/mo
Gomti Nagar Extension
Prime residential
₹6,540₹5,190+26% (+2.8% vs city line)₹14.72.7%
2 BHK ₹14,000/mo
Shaheed Path
Established mid-market
₹6,200₹5,270+17.6% (-4.4% vs city line)₹163.1%
2 BHK ₹15,200/mo
Aliganj – Indira Nagar
Established mid-market
₹5,830₹4,930+18.3% (-2.3% vs city line)₹15.13.11%
2 BHK ₹14,300/mo
Sushant Golf City
Growth suburb
₹5,140₹4,600+11.7% (-6% vs city line)₹14.63.41%
2 BHK ₹13,900/mo
Kanpur Rd – Amausi
Growth suburb
₹4,230₹3,710+14% (+2.7% vs city line)₹123.4%
2 BHK ₹11,400/mo
Faizabad Rd – Chinhat
Peripheral / emerging
₹3,820₹3,490+9.5% (+1% vs city line)₹11.83.71%
2 BHK ₹11,200/mo
Raebareli Rd – Mohanlalganj
Peripheral / emerging
₹3,370₹3,120+8% (+4.6% vs city line)₹10.43.7%
2 BHK ₹9,900/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹25.40 cr

₹5,830/sq ft × 43,560 sq ft

Stamp duty + registration

₹2.03 cr

7% + 1% on ₹25.40 cr

Total outlay

₹27.43 cr

₹3,148 per buildable sq ft @ FSI 2

Reckoner value of plot₹4,930/sq ft₹21.48 cr
Market premium over reckoner₹3.92 cr
Buildable area87,120 sq ft
TDR value of unused FSI87,120 sq ft × ₹1,232 (≈25% of land reckoner)₹10.74 cr

Uttar Pradesh: 7% + 1% registration; ₹10k rebate for women on stamp. Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Lucknow's residential market continues to trade well above IGRS UP circle rates across all tracked micro-markets, with citywide premiums ranging from 8% to over 32%, underscoring sustained demand outpacing government valuations even as reckoner rates seed a ~7.0% YoY uptick. Hazratganj–Gomti Nagar commands the steepest premium at 32.4% (₹8,420/sq ft vs ₹6,360 reckoner), followed by Gomti Nagar Extension at 26.0% and Shaheed Path at 17.6% — corridors anchored by established commercial cores, connectivity, and premium housing absorption, evidenced by Shalimar's ₹450 crore, 3-acre acquisition, among the largest land deals in a tier-2 city. This widening gap between transacted and circle rates has direct implications for land acquisition costing, stamp duty planning, and asset monetisation benchmarks in PPP structuring, particularly along high-premium corridors where government rates understate true market value. Peripheral zones like Mohanlalganj and Chinhat, with single-digit premiums, offer comparatively rational entry points for large-scale township or infrastructure-linked development, as seen in Agrasheel Infratech's 190-plot expansion. Expect reckoner revisions to gradually narrow these gaps, tightening acquisition economics ahead.

Generated 2026-09-13 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 0 so far · 5Y sale +20.4% · rent +19.8%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-095k5k5k5k6k-4%0%4%8%12%

Reckoner ↔ market correlation

market ≈ −₹1,513.8 + 1.5179 × reckoner · R² 0.982 · n = 8 micro-markets

3k4k5k6k7k3k5k6k8k9k

Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Recent public signals

Propstack Enters Strategic Deal With CBRE To Strengthen Real Estate Data Analytics - Free Press Journal · Free Press Journal · source: CBREMumbai Among India’s Leading Organised Retail Markets With 23.8 Msq Ft Stock: CRE Matrix - Free Press Journal · Free Press Journal · source: CRE MatrixUP Cabinet rationalises stamp duty, registration fees on leases up to 10 years | Hindustan Times - Hindustan Times · Hindustan TimesGulshan Group, Ourika Estates to invest ₹750 crore in premium housing projects in Ghaziabad and Lucknow | Real Estate News - Hindustan Times · Hindustan TimesLucknow Property Prices Rise Across Gomti Nagar, Shaheed Path and Airport Corridor - Realty Plus Magazine · Realty Plus MagazineTier-2 cities such as Goa, Bhopal, Lucknow, Coimbatore see 63% rise in housing prices in 5 years: Report | Real Estate News - Hindustan Times · 63% YoY · Hindustan TimesTier-2 cities see 63% rise in home prices in 5 years, outpace top 8 metros: CII-Knight Frank India - Fortune India · 63% YoY · Fortune India · source: Knight FrankLucknow Circle Rates 2026 Revised Values Raise the Cost Question for Property Buyers - grihik.com · grihik.comShalimar acquires 3-acre Lucknow land parcel for ₹450 crore, highest in tier 2 city - The Economic Times · The Economic TimesHrithik Roshan Leases Goregaon Office Space For ₹7.3 Lakh Monthly Rent - Free Press Journal · Free Press JournalHrithik Roshan Leases Goregaon Office Space For ₹7.3 Lakh Monthly Rent - Free Press Journal · Free Press JournalShalimar Corp Buys 3-Acre Lucknow Land for ₹450 Crore as Premium Housing Demand Grows - grihik.com · grihik.com

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: IGRS UP — Circle Rates. Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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