Overview of Lokhra, Guwahati

Location and Neighboring Areas

Lokhra, a prominent residential area, lies in southern Guwahati, Assam. This locality is bordered by several other localities such as Dakshingaon, Nalapara, and Ahom Gaon.

Property Rates and Trends

Residential Property Pricing

• The average cost per square foot for homes in Lokhra shifts. The latest average is about ₹5,602 per sqft.
• For plots, prices start around ₹14,166 and can soar to ₹2.89 lakh per sqft for select plots.

Price Movements

• In 2024, property rates in Lokhra went up by 13%, hitting ₹5,012 per sqft.
• For the year 2023, there was an increase of 2%. In 2022, properties dipped by 4%.

Types of Properties Found

Residential Plots

• You'll find plots across Lokhra priced between ₹65.8 lac and ₹2.26 crore. They come in different sizes and orientations, including north-facing and east-facing plots.

Built Properties

• Several kinds of built properties like independent houses, floor rentals by builders, and apartments are available. For instance, there are 2 BHK independent builder floors to rent in neighboring places like Kahilipara.

Amenities and Infrastructure

Educational Amenities

• Notable schools include Putuli Prathamik Vidyalaya, found roughly 3 km from Lokhra.

Healthcare Services

• The nearby Critical Care Hospital & Research Institute is around 2.2 km away. It's a handy spot for healthcare services.

Notable Landmarks

• Close by, visitors can find dining and hospitality options at Taste Mafia, PATKAI HOTEL, and Taste Of Guwahati.

Advantages and Drawbacks

Strengths

• Rising Property Values: The neighborhood boasts growing property prices, which makes it a possible smart buy.
• Amenities: Nearby educational institutions and healthcare facilities, along with other landmarks, boost convenience and quality of life.

Weaknesses

• Price Range: High property prices, especially for plots, could be off-putting for some.
• Market Movements: There was a price drop in 2022, showing some market volatility.

PropertyWala's Final Thoughts

Lokhra in Guwahati is a great choice for those looking to buy or rent, given its rising property values and infrastructure. Though prices might be high, the area’s amenities and potential for long-term gain make it appealing. It's crucial to look at market trends and changes before deciding.