realestate-exculsive
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realestate-exculsive · 3 months ago
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Home Prices Continue to Climb in Lucknow: A Market on the Rise
Home prices in Lucknow have risen by ~12% in prime areas, with average rates reaching ₹6,500 per square foot, driven by high demand and limited inventory.
Buyers face a competitive market with rising costs, where 3BHK apartments in areas like Indira Nagar now exceed ₹75 lakh, raising affordability concerns.
Sellers benefit from strong returns, with properties selling quickly, especially in emerging areas like Sultanpur Road, where prices have surged by ~15% year-on-year.
Staying informed on these trends is essential for making smart buying or selling decisions in Lucknow’s booming real estate market.
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