Archive · 10 Aug 2025
Lucknow Among Top 10 Most Expensive Cities After Rate Hike
Imagine you're buying a house in Lucknow.
The government sets a minimum price, called a circle rate.
These rates went up on August 1, 2025, making Lucknow one of the most expensive cities in India.
This means houses and shops cost more.
Some areas saw prices jump way up!
Experts say this increase is good because it brings the official prices closer to what people are actually paying, which can help the government make more money and make buying and selling property more honest.
Lucknow has become one of India's top 10 most expensive cities.
New circle rates, effective from August 1, 2025, led to increased property prices.
Lucknow is now the third most expensive city in Uttar Pradesh, after Noida and Ghaziabad.
Residential areas saw circle rates increase by up to 130%, while commercial properties rose by 30%.
Real estate experts believe the hike will boost government revenue and transparency.
- Who
- Lucknow, along with Noida and Ghaziabad, are now expensive cities in Uttar Pradesh.
- What
- Lucknow has become one of the top 10 most expensive cities in India due to increased circle rates.
- When
- August 1, 2025, was the effective date for the new circle rates.
- Where
- Lucknow, India
- Why
- The increase was implemented after a decade to bring circle rates closer to market rates.
- City Ranking
- Top 10 most expensive in India
- Location
- Lucknow, Uttar Pradesh, India
- Effective Date of New Rates
- August 1, 2025
- Residential Rate Increase
- Up to 130%
- Commercial Rate Increase
- 30%
- Expert Opinion
- The hike will boost government revenue and transparency