Overview of Bakkas, Lucknow

Locality Information and Easy Reach

Bakkas lies on Sultanpur Road in Lucknow—a key link road in the city. This puts Bakkas close to many major places for shopping, learning, and healthcare.

Rates and Properties Trends

• Average Square Footage Cost: On average, homes in Bakkas cost Rs. 5,827 per sqft.
• Cost Spread: Property prices generally go from Rs. 3,225 to Rs. 10,725 per sqft.
• Growth Over Time: Prices have dropped by 5.54% this year, possibly making now a good time for buyers.

Kinds of Properties

• Apartments:

  • 2 BHK apartment layouts are the most common.
  • Apartment costs typically range from ₹40 Lac to ₹60 Lac, though some might be found for as little as ₹20 Lac.
  • For example, a 2 BHK unit with 758 square footage might sell for around Rs 52.05 L.

• Land/Plots:

  • Plot prices can range from ₹1,250 to ₹2,400 per sqft.

Market Changes

• Potential Investments: With the current price trends, buying or selling in Bakkas can be profitable. It's a good time for investors and buyers.
• Affordability: You can find reasonable options, but most properties are medium to high priced, meeting various buyer types.

Amenities and Features

• Access to Services: Bakkas is close to schools, hospitals, shopping centers, and more essential services. This adds to residents’ quality of life.
• Future Build-outs: Given its location on Sultanpur Road, you can expect future infrastructure projects, which should boost property values.

PropertyWala's Summary

Bakkas in Lucknow looks like a lucrative destination for buyers and investors. With properties available for a range of budgets and a promising market outlook, it’s an appealing spot. But keep an eye on the yearly price changes and market movements. Bakkas's ease of access and proximity to essentials make it a prime location for buying or renting.