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Property Price Trends in Lucknow from 2020–2025

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From Tehzeeb to Tarakki: Lucknow’s Real Estate Got a Major GlowUp!

Let’s face it: five years ago, most people thought of Lucknow as the city of kebabs, tehzeeb, and traffic
that moved like a royal procession.


Fast forward to 2025, and bam!—Lucknow property prices are behaving like they’ve had three cups of
strong espresso. From quiet colonies to booming townships, the real estate market here has done
everything but sleep

So buckle up, whether you're a buyer, a builder, or someone who just loves stalking property prices on
Sundays. Here’s a not-so-boring breakdown of what really happened between 2020 and 2025 in
Nawabon ka Sheher.


2020: Lockdown & Low Prices (and Too Much Banana Bread)

When we were washing vegetables and pretending Dalgona coffee was a personality.

Real estate took a cautious nap. Prices stayed flat. Buyers hesitated. Builders offered “flexible plans”.
But the smart ones bought land—especially in Shaheed Path, Gomti Nagar Extension, and Faizabad
Road—because those areas were about to blow up (figuratively, of course).

 

2021: Vaccines, Site Visits & Semi-Serious Buying

 

People got back on their feet—and started Googling “2BHK vs Plot in Lucknow”. Apartment visits
resumed, developers put sanitizer at the entrance, and prices began inching up again.


The market warmed up like a fresh paratha. Nothing dramatic, but enough to say, “Haan bhai, real
estate is moving again.”

 

2022: Infrastructure Enters the Chat


This was the year things got interesting. Lucknow Metro’s expansion, Purvanchal Expressway buzz, and
new township projects created FOMO (Fear of Missing Out) among buyers.

Plots became cooler than rooftop cafes. People wanted space, sunlight, and that sweet, sweet "no
maintenance charge" life.

Plot Prices in Gomti Nagar Extn: ₹4,200-₹4,800/sq.

Investment Vibe: “If not now, then when?”
NRI Mood: “Lucknow is the new Gurgaon, no?”

2023: Plotted Gold Rush (and Some Regret)


Everyone and their cousin started looking for plots. If you had a plot in Shaheed Path, you were basically
royalty. Apartments were still in demand, but plotted developments were stealing the spotlight.


Even that uncle who said “Beta, flat hi lena chahiye” was now asking for developer contacts.

 

2024: The Year of “Sorry, That’s Sold Out”


By now, property prices had officially entered the “eye-watering” category for many. But guess what?
People were still buying! Why? Because Lucknow was no longer just a cultural icon—it had become an
investment magnet.

Smart investors were locking in land like their lives depended on it.

 

2025: The Peak (Or Just the Beginning?)


As of now, property prices have appreciated between 15–30% depending on the area. Plots are prized,
gated projects are gold, and even low-rise villas are seeing high demand.

Lucknow has officially entered the league of “Real Estate Stars,” and the best part? It still offers better
value than most Tier-1 cities.

 

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