Madehgunj
Avg. Rate
โน 2,352/sq. ft
Locality Rating
6.1/10
Madehgunj is a locality in Lucknow, Lucknow District, and its PIN code is 226020. Located in the heart of the city, this area is known for its residential properties and commercial establishments. The locality is well-connected to other parts of the city through a network of roads and public transportation. It is situated in the Lucknow District, which is one of the 18 districts of Uttar Pradesh. The area is surrounded by other localities such as Mohanlalganj and Chinhat, and is close to major landmarks like the Lucknow Charbagh Railway Station. The locality has a mix of old and new buildings, with some areas undergoing development and modernization. Overall, Madehgunj is a typical urban locality with a blend of residential, commercial, and industrial activities.
Region
Madehgunj
City
Lucknow
District
Lucknow
State
Uttar Pradesh
Pincode
226020
Population
22,594
Nearest Airport
Chaudhary Charan Singh International Airport (LKO)
Neighbourhood Insights by
The Good
Madehgunj's commercial density reduces vehicle dependency for everyday errands and drives footfall that reinforces residential property values
Proximity to Charbagh or a suburban railway station gives Madehgunj residents low-cost intercity connectivity to Kanpur, Varanasi, and Delhi
The planned LMRC Phase 2 extension near Madehgunj is expected to substantially boost price discovery and end-user demand on completion
Lowest entry-ticket pricing in the Lucknow market makes Madehgunj viable for land banking and patient-capital investors
The Bad
Ghost-apartment risk in Madehgunj's newer investor-heavy inventory can depress resale liquidity and make it difficult to establish fair market value
Piped water supply in parts of Madehgunj requires borewell supplementation during peak summer demand months
Aurum Price Index for Madehgunj
Normalized to 100 ยท 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
โน 2,352/sq. ft
Average Price Range
โน 700 โ 7,250
Trend (5Y)
โฒ 95.6%
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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