Overview of Piparsand, Lucknow

Location and Accessibility

Piparsand is located in Lucknow, Uttar Pradesh, with postal code 226008. This locality is rapidly developing with improvements in infrastructure and real estate.

Property Types and Pricing

• Residential Plots dominate with 83% listings, with prices ranging from ₹10.5 lac to ₹24 lac. Depending on size and spot, prices vary.
• Multistorey Apartments are also available, with projects like Rishita Mulberry Heights, Shalimar Valencia Towers, and Amrit Heights. These typically price between ₹64.1 lac and ₹3.20 Cr.
• Agricultural Land makes up a smaller portion of properties here.

Price Trends

• Residential Plots for most fall up to ₹20 lac, with 60% in this price range and another 20% priced between ₹20 lac and ₹40 lac.
• Current Rate: Per square foot, this locality sees rates around ₹695, though this varies by project and location.

Infrastructure and Amenities

• Industrial and Commercial Potential: Piparsand is a peaceful and green area suitable for factories, godowns, and warehouses.
• Residential Amenities: New and upcoming projects provide amenities like parking facilities and other modern features for multistorey apartments.

Rental Options

• Rental Prices feature flats and houses. A 2 BHK flat can be rented for around ₹13,000 per month, plus amenities like covered and open parking.

Projects and Builders

• Noteworthy Projects include Rishita Mulberry Heights, Shalimar Valencia Towers, ORO Constella, and Amrit Heights by reputable builders like Rishita Developers Pvt. Ltd., Shalimar Lakecity Pvt Ltd, and Amrit Planners Pvt Ltd.
• Possession Status: Many projects are ready for move-in with others having possession dates from 2024 to 2028.

Market Insights

• Sales Transactions: The area has seen substantial sales, totaling around ₹2 Cr for major projects like Santushti Enclave.
• Price Movement: Over the last year, property prices have been stable with minimal fluctuations.

PropertyWala's Conclusion

Looking at Piparsand, Lucknow indicates a strong real estate market for both residential plots and multistorey apartments. The area balances affordability with modern amenities, fitting well for both residential and commercial needs. Thorough research and an understanding of specific needs and future developments are still essential before a purchase or rent is made.