Overview of Deva Road, Lucknow

Location and Connectivity

Lucknow's Deva Road stands out for its excellent connectivity to city areas. It’s close to key landmarks and amenities, making it attractive for both living and investments.

Property Types and Availability

• Residential Plots: You’ll find many plots for sale here, varying from 1,000 to 66,000 sq. ft. They cater to different budgets.
• Apartments and Flats: Over 625 options exist in places like Awadh City, Rai Enclave, and Royal City Phase 1.
• Independent Houses: Many houses are on the market, including 2 BHK, 2.5 BHK, and 3 BHK.
• Builder Floors and Villas: The area offers a variety of these as well.

Price Trends

• Average Price per Sq.Ft.: The average price on Deva Road hovers around ₹3,810 per sq. ft., but you’ll find cheaper starting at ₹399 per sq. ft..
• Price Range: Prices range from ₹1,875 to ₹5,050 per sq.ft.
• Budget Segments:
  • Under 20 Lakhs: Options like smaller plots and apartments.
  • Between 20 Lakhs and 50 Lakhs: Plots and houses in this range.
  • Between 50 Lakhs and 1 Crore: Luxury homes and bigger plots.
  • Above 1 Crore: High-end homes and extravagant villas.

Societies and Amenities

• Noteworthy Societies: These include Awadh City, Rai Enclave, Royal City Phase 1, and more.
• Amenities: The societies offer great things like prime locations, freehold ownership, excellent connectivity, modern infrastructure, and a nice, peaceful vibe.

Rental Options

• Housing Rentals: 2 BHK houses and apartments, priced at about ₹9,500 monthly for 900 sq. ft.

Market Trends and Growth

• Annual Growth: Property rates have climbed by 5.78% in the past year.
• Quarter-wise Growth: For plots, there’s been a slight -1.21% decline.

PropertyWala’s Findings

We can see that Deva Road provides a great chance for both buyers and renters. Its strategic location, various housing options, and positive market trends make it ideal for many types of investors and homeowners. The excellent connectivity, modern amenities, and peaceful environment make it a prime choice for those wanting to invest in or live in a lively, growing neighborhood.