Archive · 1 Aug 2025
Lucknow Property Prices to Rise with Revised Circle Rates
Lucknow is changing how it values property, called circle rates, after 10 years.
This will make buying property more expensive because it affects how taxes are calculated.
The government has raised the rates on things like land and buildings.
They say it's to make the market fairer, and to prevent properties from being undervalued.
Some areas are now much more expensive than others, but the goal is to be more transparent in property transactions.
Lucknow's circle rates have been revised after a decade, impacting property costs.
Property prices are set to rise due to the updated rates.
Increases include up to 15% for agricultural land and up to 25% for commercial properties.
Gomtinagar is now the most expensive area, with rates up to Rs 7,500 per sq ft.
The revision aims to increase transparency and correct valuation discrepancies.
- Who
- Lucknow District Administration, property buyers and sellers.
- What
- Revision of circle rates leading to increased property costs in Lucknow.
- When
- Effective August 1, 2025.
- Where
- Lucknow, India.
- Why
- To increase transparency and correct valuation discrepancies.
Lucknow District Administration
Property Buyers
Transparency and Cost
Lucknow District Administration
Revised rates increase transparency.
Property Buyers
Increased costs will burden buyers.
- Effective Date
- August 1, 2025
- Last Revision
- 2015
- Agricultural Land Increase
- Up to 15%
- Commercial Property Increase
- Up to 25% (40% in some areas)
- Most Expensive Area
- Gomtinagar
- Impacted Fees
- Stamp duty and registration fees