Statistics tells us that Kanpur is the ninth most populous city of India and it stands fifth in terms of area. With a population exceeding 41 million, Kanpur has an immense population density of 1336 person per square kilometre. Situated on the banks of river Ganga, Kanpur is an important economic hub of the state of Uttar Pradesh.

Kanpur is primarily an industrial township and is the second largest city of Uttar Pradesh. Moreover, it has the advantage of being well connected to other major cities of India. The areas that are currently under active construction are: Swaroop Nagar, Tilak Nagar, Parwati Bangla Road, Shastri Nagar, Civil Lines and Nirala Nagar. An overview of the realty market in this city brings to light the latest happenings in the realty sector. Key developers operating in this region are Eldeco Infrastructure and Properties Limited, Ratan Developers, Flowmore Builders Private Limited, Ahuja Builders, Deluxe Builders, National Builders and Company, UP Builders and Sai Builders.

The premium housing projects of Kanpur can be cited as Aditya Garden Heights, Anand Lakshmi, Barsana Apartment, Eldeco El Dorado Apartments, Eldeco Garden Estate, Eldeco Mansionz, Gulmohar Garden II, Mona Apartment, Panch Deep and Panch Ratan.

Residential plot rates in Kanpur show a wide range. In localities such as Barra, plot is available at Rs. 1000/sq. ft. while in Mukherji Nagar it is more or less same at Rs. 1060 /sq. ft. Maharishi Dayanand Vihar sells plots at Rs. 1230/sq. ft. and Indra Nagar at Rs. 1250/sq. ft.; Kalyanpur is a bit higher at Rs. 1275/sq. ft. to 1900/sq. ft. and Saket Nagar at Rs. 1450/sq. ft.; Hanspuram sells at Rs. 2160/sq. ft. and Jajmau at Rs. 2350/sq. ft.; next in

line comes Lajpat Nagar with a more or less similar rate at Rs. 2380 to 2750/sq. ft.; Swaroop Nagar sells at Rs. 2450/sq. ft., Pandu Nagar at Rs. 3150/sq. ft. and Jawahar Nagar is the most expensive of all at Rs. 4440/sq. ft.

Similarly, a brief look at the residential apartment rates will help us understand the realty scenario of the city even better. Areas like Geeta Nagar sells flats at Rs. 2060/sq. ft. and Saket Nagar at Rs. 1500 to 2060/sq. ft. In Arya Nagar prices vary from Rs. 2000 to 2250/sq. ft. and in Azad Nagar it is Rs. 1730 to 1800/sq. ft.

In Civil Lines apartments sell at Rs. 1850 to 1925/sq. ft. and in Ratanlal Nagar it is Rs. 1300 to 2100/sq. ft. Sarvoday Nagar sells flats at around Rs. 2000 to 2300/sq. ft., Syam Nagar at Rs. 1450 to 1600/sq. ft. and Vishnupuri at Rs. 1500 to 1600/sq. ft. Therefore, the above rates more or less indicate an overall price trend of the city properties.

The Augtics research team has termed realty investment prospects as moderate even in this commercially active city of Kanpur.