Overview of Mohanlalganj, Lucknow

Mohanlalganj lies in Lucknow, emerging as a sought-after residential area. It attracts both buyers and renters due to its strong real estate market.

Property Prices

• Average Price per Sq.Ft.: ₹4,879.
• Price Range per Sq.Ft.: ₹2,100 to ₹10,869.
• The market shows a 0.13% fall in property rates over the past year, signaling stability.

Types of Properties Available

• Residential Apartments:
  • 2 BHK and 3 BHK flats are readily available.
  • Prices begin at approximately ₹26.98 lakhs.
• Independent Houses:
  • Options include 2 BHK villas and bigger houses.
  • Costs differ based on size and features.
• Residential Plots:
  • Sizes vary from 1250 sq.ft. to 10,000 sq.ft.
  • Prices fluctuate between ₹6 lakhs and ₹1.67 crores depending on location and size.

Amenities and Infrastructure

• Educational Institutions:
  • Nearby are schools like Naveen Public High School.
• Healthcare:
  • Access to facilities such as Sigma Hospital & Trauma Centre.
• Road Connectivity:
  • Good road links, closely tied to Kanpur Road.
• Societies and Projects:
  • Gated societies like Kalpana Residency, Arrant Annpurna Eco Green, and MI Gordon provide modern amenities and security.

Rental Options

• Average Rent per Sq.Ft.:
  • Cost ranges from ₹10 to ₹29 based on type and location.
• Available Configurations:
  • Offering 1 BHK, 2 BHK, and bigger properties.
  • Choices include furnished and semi-furnished options.

Investment Prospects

• Stability: There’s a minor fall this year but stability remains. This makes it good for buying or selling.
• Growth Potential: The area is popularizing fast, hinting at possible appreciation in property values for the future.

PropertyWala's Wrap-Up

Mohanlalganj in Lucknow balances affordability, modern amenities, and security. This makes it ideal for buyers and renters alike. With varied options like plots and luxury apartments, it fits many budgets and needs. Stable prices and a surge in interest point to a great real estate investment. Whether a personal home or market investment, Mohanlalganj stands out as a place worth thinking about.