The Mall Avenue
Avg. Rate
₹ 2,612/sq. ft
Locality Rating
7.2/10
The Mall Avenue is a locality situated in Lucknow city and district, known for its established character. The area accommodates a population of 21,951 residents within this urban setting. Property prices in the locality stand at ₹4,900 per sqft as of October 2025, having experienced a notable growth trend of 226.7% since January 2011 when prices were ₹1,500 per sqft. This significant historical price appreciation reflects strong and promising investment potential for prospective buyers. Homebuyers and investors looking for long-term value would benefit from participating in this market due to its proven upward trajectory. Overall, the consistent financial growth makes it an appealing prospect for real estate involvement.
Region
The Mall Avenue
City
Lucknow
District
Lucknow
State
Uttar Pradesh
Pincode
226001
Population
21,951
Schools
5
Nearest Airport
Chaudhary Charan Singh International Airport (LKO)
Neighbourhood Insights by
The Good
Reputed CBSE and ICSE schools within 2-3 km of The Mall Avenue make it a first-choice address for education-conscious families across income segments
A thriving local market in The Mall Avenue places daily necessities, restaurants, and retail within comfortable walking distance for residents
An upcoming metro alignment near The Mall Avenue will transform last-mile connectivity, a major upside trigger for current investors
Lowest entry-ticket pricing in the Lucknow market makes The Mall Avenue viable for land banking and patient-capital investors
The Bad
School-zone drop-off and pick-up activity in The Mall Avenue creates sharp but predictable congestion on internal roads during weekday morning and afternoon hours
Ghost-apartment risk in The Mall Avenue's newer investor-heavy inventory can depress resale liquidity and make it difficult to establish fair market value
Aurum Price Index for The mall avenue
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
₹ 2,612/sq. ft
Average Price Range
₹ 800 – 8,100
Trend (5Y)
▲ 96%
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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