Lohia Nagar, Meerut Overview

Where It's Located and Its Neighbors

Lohia Nagar is a residential area in Meerut, Uttar Pradesh. It’s close to nearby areas like Shastri Nagar, Somdutt Vihar, Jagriti Vihar, Ansal Housing, and Samar Garden. This prime spot offers easy access to city amenities and landmarks.

Residential Options and Pricing

• Residential Plots: Plenty available ranging in price from ₹18 Lac to ₹1.80 Cr. A 1211 sq-ft plot costs about ₹69 Lac, while larger plots of 2390 sq-ft go up to ₹1.80 Cr, based on size and location.
• Builder Floor Apartments: Find prices like ₹7.50 Lac for a 1 BHK apartment and ₹10 Lac for similar ones.
• Houses and Villas: Prices vary greatly, usually falling between ₹20 Lac and ₹80 Lac.

Trends in Pricing

• The average price per square foot stands at around ₹3,500.
• Property rates have seen an amazing rise: up by 118.47% over the last year, showing a very strong real estate market.

Amenities and Facilities

• Educational Institutions: Close to schools like Master School of Management.
• Road Access: Many plots lie on wide roads, like 7.5-meter and 9-meter ones, for smooth travel.
• Landmarks: Homes often sit near commercial markets, parks, and other fun spots.

Investment and Rent Options

• Investment Appeal: High YoY growth rate makes Lohia Nagar a good bet for investors. Properties are likely to see big value increases.
• Rental Properties: Limited but existing, like 2 BHK houses in nearby Shastri Nagar for ₹17,500 per month.

Current Builder Projects

• Projects from builders, like Proview Rishabh Infra Pvt Ltd, include residences like Hari Apartment, Sheel Kunj, and Inprosper New Saket.

PropertyWala's Verdict

Investing in Lohia Nagar in Meerut is a solid choice for buyers and investors alike. With its noteworthy increase in property prices, central position, and various housing types, it combines affordability and long-term growth. The area’s closeness to essential services and excellent road links boosts its attractiveness. If you're planning to buy a residential plot or invest in builder floor apartments, Lohia Nagar should be on your radar. Do monitor recent market trends and price changes for the best decisions.