Mahanagar
Avg. Rate
₹ 5,110/sq. ft
Locality Rating
7.2/10
Mahanagar is a well-established locality situated in Lucknow city and district, known for its prime character. The area has a population of 10,228 residents. The current property price in Mahanagar stands at ₹9,600 per sqft as of October 2025, reflecting a significant growth of 225.4% since January 2011 when it was ₹2,950 per sqft. This substantial price appreciation demonstrates strong investment potential for prospective buyers. Homebuyers and investors looking for long-term value in a growing urban market would benefit from living or investing here.
Region
Mahanagar
City
Lucknow
District
Lucknow
State
Uttar Pradesh
Pincode
226006
Population
10,228
Schools
5
Nearest Airport
Chaudhary Charan Singh International Airport (LKO)
Neighbourhood Insights by
The Good
Mahanagar is an established mid-premium LDA colony with mature civic infrastructure — reliable power, paved roads, and drainage quality above the Lucknow average
Proximity to Lucknow Zoo, Ambedkar Park, and Janeshwar Mishra Park gives Mahanagar green recreational amenities rare in Lucknow's dense residential belt
Consistent demand from government employees, doctors, and UP administrative staff keeps Mahanagar occupancy rates above 90% year-round
The Bad
Traffic around Butler Palace Crossing and Mahanagar main market is heavily congested during daytime hours with no viable parallel road
New construction supply in Mahanagar is minimal; the market is almost entirely resale, limiting choice for buyers seeking specific flat configurations
Aurum Price Index for Mahanagar
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 5,110/sq. ft
Average Price Range
₹ 1,550 – 15,850
Trend (5Y)
▲ 95.9%
Nearby Neighborhoods
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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