Overview of Faridi Nagar, Lucknow

Location and Accessibility

• Faridi Nagar is in Lucknow, close to Indira Nagar and near famous places like the Kukrail Picnic Spot.
• The area has great links, including the Munshi Pulia metro station and other public transport, all within a 5-minute walk.

Property Types and Configurations

• Residential Houses: These are the most common, making up around 73% of what’s for sale. They include sizes from 1 BHK to 6 BHK.
• Multistorey Apartments: About 30%, they range from 1 BHK to 3 BHK.
• Residential Plots: These give you space to build your dreams, with plots starting from 302 sqm.

Price Trends

• For Sale:
  • 29% cost between ₹80 Lac and ₹1 Cr.
  • 36% fall in the ₹1 Cr to ₹1.2 Cr range.
  • 18% are between ₹60 Lac and ₹80 Lac.
• For Rent:
  • 43% go for ₹10,000 to ₹15,000 monthly.
  • 29% are rented out for ₹5,000 to ₹10,000 a month.

Amenities and Facilities

• The place is known for safety and convenience with nearby markets, schools, and hospitals (1-2 minutes away).
• Homes often feature security rooms, car parks, lifts, decorative entrance gates, and high-end fittings like Jaquar and modular kitchens.
• Some also have 24-hour water and power supply, CCTV security, and semi-furnished options.

New and Ongoing Projects

• Many projects are coming up, including:
  • Shalimar Valencia Towers: Multistorey apartments, ready in 2028.
  • Valencia County: Villas, ready in 2024.
  • Rishita Mulberry Heights: Multistorey apartments, set for 2024.
  • Oranje Castle: Ready-to-move multistorey apartments.
  • Amrit Heights: Multistorey apartments, ready in 2024.

Locality Comparison

• Faridi Nagar can be compared to other nearby spots like Shivpuri, Panth Nagar, and Chandanapur in terms of property prices and trends. But Faridi Nagar stands out for its top-notch links and amenities.

PropertyWala's Conclusion

Faridi Nagar in Lucknow is a strong choice for buyers and renters due to its great connection, safety, and an array of amenities. It has a mix of residential houses and multistorey apartments fitting various budgets and needs. Thanks to upcoming new projects, it’s also a smart investment. Close to metro stations, markets, schools, and hospitals makes it perfect for small families, service people, and anyone looking for a secure, convenient place to live.