Lucknow’s real estate market is rapidly growing and is among the 17 emerging real estate hotspots in India. This led to a major revision in the city’s circle rate, which directly impacts stamp duty, property prices, and home loan eligibility. So, whether you’re considering investing in 2 BHK or 3 BHK flats or a plot in Lucknow, or even exploring premium villas by reputed builders in Lucknow, you must understand the revised circle rates for making smart and informed investment decisions.
Go through this guide for the current circle rates in Lucknow, market insights, and expert analysis. Understanding this would help you navigate Lucknow’s fast-growing real estate market.
What Exactly Are Circle Rates & Why They Matter?
A Circle Rate, also known as Guidance Value or Ready Reckoner Rate, is the minimum value of a property fixed by the respective state government at which it can be registered. It varies from place to place and city to city. In Lucknow, Circle Rates vary by location, property type, and other factors. Understanding Circle Rates helps you negotiate property rates; however, they may vary significantly from the market rates.
Why it matters for homebuyers:
- Impacts the overall property price
- Impacts stamp duty and registration charges
- Represents the government-approved value of a locality
Current Circle Rates in Lucknow (2025): Key Highlights
The circle rates in Lucknow have been revised after 10 long years. According to Hindustan Times, Lucknow’s circle rates have been revised by 15-25%, effective from 1st August 2025. Meanwhile, ET Realty has reported a steep rise in property prices. In premium and mid-segment localities in Lucknow, prices rose by up to 25%, outperforming other Tier-2 cities.
Lucknow Circle Rate List— Locality-Wise
| Locality | Rates |
| Sushant Golf City | ₹6,500–₹7,500 |
| Gomti Nagar Extension | ₹5,500–₹6,500 |
| Shaheed Path Region | ₹4,800–₹5,500 |
| Indira Nagar | ₹4,200–₹5,200 |
| Aliganj | ₹4,500–₹5,000 |
| Hazratganj | ₹8,000–₹10,000 |
| Jankipuram | ₹3,500–₹4,200 |
| Arjunganj / Sultanpur Road Belt | ₹4,800–₹6,000 |
Impact of Circle Rates on Properties
- Stamp Duty & Registration Charges: Higher circle rate = higher taxes during registration.
- Loan Eligibility: Banks factor in circle rates to determine loan amounts.
- Minimum Purchase Price Rule: You cannot register a property at a price below the circle rate.
- Flat vs. Plot Valuation Method: Plots are valued at the land rate; flats are valued at the super built-up value.
Demand for 2 BHK & 3 BHK Flats in Lucknow
Though the circle rate is surging, demand for properties in the city remains robust, especially for 2 BHK and 3 BHK flats. The city saw an 8.3% surge in property values in 2024, indicating sustained appreciation. Hot belts in the city are Sushant Golf City, Shaheed Path, and Sultanpur Road.
Trusted Builders in Lucknow
Whether you’re looking for luxury villas, premium flats, plots, or commercial spaces in Lucknow, either for family living or investment, there are many trusted real estate developers in Lucknow like Jashn Realty, making it challenging for homebuyers to choose the right builder, whether for family living or investment. Buyers trust builders who offer:
- RERA-registered projects
- Timely delivery of projects
- Transparent policy and pricing
- Prime township locations
- Projects equipped with modern lifestyle amenities
FAQs About Circle Rates in Lucknow
(a) Who decides circle rates in Lucknow?
The Lucknow district administration and revenue department.
(b) How often are circle rates updated?
Every few years, circle rates are updated. However, the 2025 revision occurred after a decade.
(c) Do circle rates affect home loans?
Yes, they influence the property’s valuation for loan approval.
(d) Are Circle Rates the same as market rates?
No. The Circle Rate is the minimum value of a property, while the Market Rate can be significantly higher.
(e) Is this a good time to buy a flat or plot in Lucknow?
Yes, demand is booming significantly, and prices are expected to increase further.
Final Thoughts
The 2025 Circle Rate revision signals Lucknow’s strong real estate growth. Prices of properties are skyrocketing. So, this is the right time for homebuyers and investors to invest before the next price rise.
