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What is the Average Price of a 2BHK in Lucknow?

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by Admin July 01, 2023

Let Us Discuss Average Price of a 2BHK in Lucknow?



When delving into the real estate market of Lucknow, understanding the average price of a 2BHK apartment in Lucknow is crucial for making informed decisions, whether you’re looking to buy a new home or invest in property. This article explores the average price of a 2BHK unit in Lucknow and provides a detailed overview of a key player in the local real estate market—Abhay Infratech. We will also review competitors and their offerings to give a comprehensive perspective on the current market landscape.


Abhay Infratech: A Leading Force in Lucknow’s Real Estate Market


Abhay Infratech is a prominent name among infrastructure companies in Lucknow, renowned for its commitment to quality, transparency, and innovation. With a diverse portfolio of residential and commercial projects, Abhay Infratech has established itself as a reliable and reputable developer in the city. The company is particularly noted for its adherence to regulatory standards, including RERA and LDA approvals, ensuring that all projects meet legal and quality benchmarks.


Key Projects by Abhay Infratech


1. PM Enclave


PM Enclave flagship project by Abhay Infratech, designed to offer a blend of modern living with affordability. This development caters to families and individuals looking for well-planned residential spaces in a prime location.


Features:


●     Location: 


Strategically situated in a key area of Lucknow, PM Enclave offers convenient access to essential services and amenities, making it an attractive option for homebuyers.


●     Amenities: 


The project includes features such as landscaped gardens, a community center, and 24/7 security, enhancing the quality of life for residents.


●     Pricing: 


The average price of a 2BHK unit in PM Enclave starts from INR 45 lakhs. This competitive pricing reflects the project’s commitment to providing value for money without compromising on quality.


2. Vrindavan Heights


Vrindavan Heights by Abhay Infratech represents a more upscale development within Abhay Infratech’s portfolio, designed to offer a luxurious living experience. Here we proved 2 & 3 BHK flats in Lucknow. The project is noted for its contemporary architecture and high-quality construction.

 

Features:


●     Location: 


Located in a well-connected area of Lucknow, Vrindavan Heights ensures easy access to major roads, educational institutions, and shopping centers.


●     Amenities: 


The project features modern amenities including a swimming pool, gymnasium, and recreational areas, catering to a premium lifestyle.


●     Pricing: 


The average price for a 2BHK unit in Vrindavan Heights is approximately INR 60 lakhs. This pricing reflects the project's upscale features and prime location, appealing to those seeking a higher standard of living.


3. Grihst Vihar


Abhay Infratech’s project Vihar offers a balance of affordability and quality, making it an attractive option for first-time buyers and investors. The project is known for its practical design and thoughtful layouts. That makes it the best residential project near Kisan Path Lucknow


Features:


●     Location: 


Situated in a developing part of Lucknow, Grihst Vihar benefits from proximity to essential services and emerging infrastructure.


●     Amenities: 


Key features include open spaces, children's play areas, and reliable security measures, creating a family-friendly environment.


●     Pricing: 


The starting price for a 2BHK unit in Grihst Vihar is around INR 40 lakhs. This affordable pricing ensures that the project remains accessible to a wide range of buyers while maintaining high standards of construction.


4. Global Business Park


Global Business Park by Abhay Infratech is a mixed-use development, combines residential and the best commercial space in lucknow within a single project. This development is aimed at providing a comprehensive living and working environment.


Features:


●     Location: 


Positioned in a high-growth area of Lucknow, Global Business Park offers excellent connectivity and future growth potential.


●     Amenities: 


The project includes not only residential facilities but also commercial spaces, office areas, and conference rooms, catering to diverse needs.


●     Pricing: 


The average price of a 2BHK unit in Global Business Park starts at INR 55 lakhs. This pricing reflects the project's mixed-use nature and its strategic location, offering a unique combination of residential and commercial benefits.


Pricing and Qualities of Abhay Infratech Projects


Abhay Infratech’s projects are distinguished by their adherence to quality, strategic locations, and competitive pricing. For buyers looking for RERA and LDA approved residential plots in Lucknow, Abhay Infratech offers several options that meet these regulatory standards. The company’s focus on delivering high-quality construction, transparent dealings, and well-planned infrastructure ensures that their projects stand out in the competitive real estate market.


Why Choose Abhay Infratech?


When investing in real estate, the choice of developer is as crucial as the choice of property. Among the myriad of options available in Lucknow, Abhay Infratech stands out as a distinguished choice for both residential and commercial real estate. Known for its adherence to regulatory standards, commitment to quality, and strategic project locations, Abhay Infratech has earned a reputation as a reliable and innovative developer. This article explores why Abhay Infratech is a preferred choice for prospective homebuyers and investors, highlighting its offerings of RERA approved residential plots in Lucknow, LDA-approved properties, and more.


1. Regulatory Compliance and Trust


One of the primary reasons to choose Abhay Infratech is its strict adherence to regulatory compliance. In an industry where transparency and legal adherence are paramount, Abhay Infratech excels in meeting and surpassing regulatory requirements.


RERA Approved Residential Plots in Lucknow


Abhay Infratech’s projects are consistently RERA-approved, ensuring that they comply with the Real Estate (Regulation and Development) Act, of 2016. RERA approval signifies that the projects meet the necessary standards for legal transparency and protection of buyer interests. This includes accurate project timelines, clear titles, and adherence to advertised specifications. When you choose Abhay Infratech, you are investing in a property that has been vetted and approved by regulatory authorities, providing you with an added layer of security and trust.


LDA & RERA Approved Residential Plots in Lucknow


In addition to RERA, Abhay Infratech’s projects are also approved by the Lucknow Development Authority (LDA). This dual approval—both RERA and LDA—ensures that the properties comply with local development norms and regulations, enhancing their credibility. The LDA approval is particularly crucial for buyers interested in LDA plots for sale in Lucknow, as it signifies that the development has adhered to local planning and zoning requirements.


LDA RERA Approved Plots in Lucknow


Abhay Infratech offers a range of LDA RERA-approved plots, providing buyers with the reassurance that their investments meet both local and national regulatory standards. This dual compliance is a testament to the company’s commitment to maintaining high standards of development and ensuring that their projects offer value and security to buyers.


2. High-Quality Construction and Design


Abhay Infratech is synonymous with high-quality construction and thoughtful design. The company’s projects are characterized by their superior craftsmanship, innovative designs, and attention to detail.


Quality Assurance


The quality of construction is a key factor that sets Abhay Infratech apart. Each project undergoes rigorous quality checks to ensure that the materials used, and the construction practices employed, meet the highest standards. This dedication to quality is evident in the durability, aesthetics, and functionality of their properties.


Innovative Design


Abhay Infratech’s projects feature contemporary designs that cater to modern living standards. Whether it’s residential plots or ready-to-move-in apartments, the company’s designs are crafted to maximize space, functionality, and comfort. This innovative approach ensures that buyers receive properties that are not only visually appealing but also practical and comfortable for daily living.


3. Strategic Locations

Location plays a crucial role in real estate investment, and Abhay Infratech excels in selecting strategic locations for its projects.


Prime Areas


Abhay Infratech’s developments are strategically located in prime areas of Lucknow, offering easy access to major roads, educational institutions, healthcare facilities, and commercial hubs. This accessibility enhances the convenience of living in their properties and increases their potential for long-term value appreciation.


Growth Potential


Many of Abhay Infratech’s projects are situated in areas with significant growth potential. Investing in properties located in such regions not only offers immediate benefits but also ensures future growth opportunities. As Lucknow continues to expand and develop, these areas are likely to experience increased demand and value.


4. Comprehensive Project Portfolio


Abhay Infratech offers a diverse portfolio of projects, catering to various needs and preferences.


Residential Plots and Apartments


From RERA-approved residential plots in Lucknow to ready-to-move-in apartments, Abhay Infratech provides a range of options for different buyer requirements. The company’s projects include LDA plots for sale in Lucknow, LDA RERA-approved plots, and other residential developments that cater to various budgets and preferences.


Commercial Properties


In addition to residential projects, Abhay Infratech also offers commercial properties, including office spaces and mixed-use developments. These projects are designed to meet the needs of businesses and investors looking for commercial real estate opportunities.


5. Transparent Transactions


Transparency is a cornerstone of Abhay Infratech’s business practices. The company is committed to maintaining clear and honest communication with its clients, ensuring that all aspects of the transaction process are straightforward and transparent.


Clear Documentation


Abhay Infratech provides clear and comprehensive documentation for all its projects. This includes detailed project specifications, legal documents, and compliance certificates, ensuring that buyers have all the information they need to make informed decisions.


Customer Support


The company’s commitment to customer support ensures that buyers receive assistance throughout the buying process and beyond. Whether it’s answering queries, providing updates, or addressing concerns, Abhay Infratech’s customer service team is dedicated to offering a seamless and supportive experience.


6. Commitment to Sustainable Development


Sustainability is an increasingly important factor in real estate development, and Abhay Infratech is dedicated to incorporating sustainable practices into its projects.


Eco-Friendly Features


Many of Abhay Infratech’s projects include eco-friendly features such as energy-efficient systems, water conservation measures, and green spaces. These features not only contribute to environmental sustainability but also enhance the quality of life for residents.

Long-Term Impact


By prioritizing sustainable development, Abhay Infratech ensures that its projects have a positive long-term impact on the environment and the community. This commitment to sustainability aligns with the growing demand for green and responsible real estate practices


Customer Testimonials for Abhay Infratech


Abhay Infratech, a real estate company in Lucknow, has garnered a strong reputation in the real estate market of Lucknow, thanks to its commitment to quality, transparency, and customer satisfaction. The company’s dedication to delivering exceptional residential and commercial properties has been reflected in numerous positive customer testimonials. Here’s a collection of feedback from satisfied clients who have experienced the excellence of Abhay Infratech firsthand.


1. Ankur Sharma – Homebuyer


"I recently purchased a 2BHK apartment in PM Enclave by Abhay Infratech, and I couldn’t be happier with my decision. From the very beginning, the process was smooth and transparent. The team was incredibly professional and attentive, addressing all my queries promptly. The quality of construction is top-notch, and the amenities provided are fantastic for the price. The project’s location is perfect, with easy access to schools, hospitals, and shopping centers. Abhay Infratech has truly exceeded my expectations, and I’m proud to call PM Enclave my home."


2. Priya Mehta – Investor


"As an investor looking to diversify my portfolio, I found Abhay Infratech’s Global Business Park to be an excellent opportunity. The mixed-use development offered both residential and commercial spaces, which was perfect for my investment strategy. The transparency in the transaction and the quality of the development were impressive. The location is strategic, ensuring good appreciation potential. I appreciated the detailed documentation and support provided throughout the investment process. Abhay Infratech has proven to be a reliable and trustworthy partner in real estate."


3. Rajeev Kumar – Homebuyer


"I purchased a plot in Vrindavan Heights, and the experience was fantastic from start to finish. The project is not only well-designed but also offers excellent amenities that enhance the quality of living. The team at Abhay Infratech was very responsive and helpful, guiding me through every step of the buying process. What stood out was their commitment to RERA and LDA approvals, which gave me peace of mind knowing that everything was above board. I highly recommend Abhay Infratech for anyone looking for quality real estate in Lucknow."


4. Neha Patel – First-Time Homebuyer


"Buying my first home was a significant decision, and Abhay Infratech made the process so much easier. I opted for a unit in Grihst Vihar, and I’m thrilled with the outcome. The project offers great value for money and is located in a rapidly developing area of Lucknow. The customer service was exceptional, with clear communication and prompt responses to my questions. The quality of the construction and the community environment have made Grihst Vihar a wonderful place to live. Thank you, Abhay Infratech, for making my dream of owning a home a reality."


5. Suresh Gupta – Commercial Property Owner


"I acquired commercial space in lucknow at Abhay Infratech’s Global Business Park, and it has been a remarkable experience. The development is well-planned, with modern facilities and a prime location that attracts high foot traffic. Abhay Infratech’s professionalism and attention to detail throughout the purchase process were commendable. The transparency in documentation and the support provided by the team were excellent. My commercial property is thriving, and I attribute much of this success to the strategic location and quality of the development. I’m looking forward to exploring more opportunities with Abhay Infratech."


6. Meera Joshi – Family Homebuyer


"We bought a 3BHK unit in PM Enclave for our growing family, and it has been a fantastic decision. The project’s family-friendly environment, combined with its modern amenities, makes it an ideal place to live. Abhay Infratech’s team was very supportive and ensured that everything went smoothly. The quality of construction and the attention to detail in the design have exceeded our expectations. The location is also convenient, with easy access to essential services. We are extremely satisfied with our choice and recommend Abhay Infratech to others seeking quality housing in Lucknow."


7. Amit Desai – Property Investor


"Investing in a residential plot at Vrindavan Heights was a strategic move, and Abhay Infratech has delivered on all fronts. The project’s adherence to RERA and LDA approvals provided the assurance I needed, and the transparency in the investment process was refreshing. The plot’s location promises good future value appreciation, and the quality of the development is evident. The team at Abhay Infratech was professional and knowledgeable, making the investment process straightforward. I’m pleased with the outcome and would consider partnering with them again for future investments."


8. Rina Sharma – Happy Homeowner


"My experience with Abhay Infratech has been nothing short of excellent. I purchased an apartment in Grihst Vihar, and the entire process was handled with utmost professionalism. The project is well-maintained, and the amenities provided are very beneficial for daily living. The customer support from Abhay Infratech was exceptional, addressing all my concerns and ensuring a smooth transaction. I am happy with my new home and the overall experience. Abhay Infratech has truly set a high standard in the real estate market."

 

Competitors and Their Offerings


To provide a comprehensive view of the real estate market in Lucknow, it is essential to consider the offerings of Abhay Infratech’s competitors. Here’s a detailed look at some notable developers, their key projects, and the average pricing for 2BHK units:


1. Omaxe Limited


Omaxe Limited is a prominent developer with a strong presence in Lucknow, known for its diverse range of residential projects.


Key Projects:


●     Omaxe Residency: 


This project is well-regarded for its spacious units and modern amenities. The average price of a 2BHK apartment in Omaxe Residency is INR 50 lakhs. The project features landscaped gardens, a clubhouse, and 24/7 security, making it a popular choice among buyers.


●     Omaxe City: 


Offering a variety of residential options, Omaxe City includes 2BHK units priced at around INR 55 lakhs. The development is known for its contemporary design and comprehensive amenities, catering to a wide range of preferences.


2. Ansal API


Ansal API is another major player in the Lucknow real estate market, known for its innovative projects and high-quality construction.


Key Projects:


●     Ansal City: 


This development features 2 BHK units priced starting at INR 52 lakhs. Ansal City is recognized for its modern infrastructure and well-planned community spaces, offering a comfortable living environment.


●     Ansal API Golf City: 


This upscale project includes 2 BHK apartments priced around INR 65 lakhs. The development is known for its luxurious features, including a golf course, premium amenities, and expansive green spaces.


3. Pioneers Developers


Pioneers Developers has established a reputation for delivering quality residential projects in Lucknow.


Key Projects:


●     Pioneers Heights: 


Offering 2BHK units priced at approximately INR 48 lakhs, Pioneers Heights is noted for its modern amenities and strategic location. The project includes features such as a swimming pool, fitness center, and community areas.


●     Pioneers Residency: 


This project includes 2 BHK apartments at an average price of INR 53 lakhs. The development is characterized by its high-quality construction and thoughtfully designed layouts, appealing to a diverse range of buyers.


4. Supertech Limited


Supertech Limited is a major real estate developer with several prominent projects in Lucknow.


Key Projects:


●     Supertech Eco Village: 


Known for its eco-friendly design, Supertech Eco Village offers 2BHK units at an average price of INR 50 lakhs. The project emphasizes green living and sustainable practices, making it an attractive option for environmentally conscious buyers.


●     Supertech Golf Country: 


This upscale development features 2 BHK apartments priced around INR 60 lakhs. The project combines luxury with a focus on green living, offering premium amenities and a high standard of construction.


5. Eldeco Group


Eldeco Group is recognized for its high-quality residential projects and has a significant presence in Lucknow.


Key Projects:


●     Eldeco City: 


Eldeco City offers 2 BHK apartments with prices starting at INR 55 lakhs. The development is known for its design and amenities, including well-maintained green spaces and recreational facilities.


●     Eldeco Inspire: 


This project features 2 BHK units priced around INR 62 lakhs, offering a contemporary lifestyle with premium features and high-quality construction.

Comparative Analysis


Pricing Overview:


●     Abhay Infratech Projects:


 Prices for 2BHK units in Abhay Infratech’s projects range from INR 40 lakhs to INR 60 lakhs, depending on the specific project and its location.


●     Competitors: 


The average prices for 2BHK units among competitors like Omaxe Limited, Ansal API, Pioneers Developers, Supertech Limited, and Eldeco Group generally range from INR 48 lakhs to INR 65 lakhs.


Quality and Amenities:


●     Abhay Infratech: 


Known for its quality construction and adherence to regulatory standards, Abhay Infratech projects offer a range of amenities from basic facilities to luxurious features, depending on the project.


●     Competitors: 


Other developers also emphasize quality and amenities, with projects offering various features such as eco-friendly designs, luxury fittings, and comprehensive community facilities.


Location and Accessibility:


●     Abhay Infratech: 


The company selects strategic locations that offer convenience and accessibility, contributing to the appeal of its projects.


●     Competitors: 


Locations vary, with some developers focusing on high-growth areas, while others prioritize proximity to established infrastructure and services.

 

 

Conclusion


Understanding the average price of a 2BHK apartment in Lucknow requires considering various factors, including the developer, project location, and the amenities offered. Abhay Infratech stands out in the local real estate market with its diverse portfolio of projects, including PM Enclave, Vrindavan Heights, Grihst Vihar, and Global Business Park. Each project offers a unique combination of pricing and features, catering to different needs and preferences.


Competitors such as Omaxe Limited, Ansal API, Pioneers Developers, Supertech Limited, and Eldeco Group also offer a range of options, with varying prices and amenities. By comparing these offerings, prospective buyers and investors can make informed decisions based on their specific requirements and budget.

As the real estate market in Lucknow continues to evolve, staying informed about market trends and developments will be crucial for finding the right property and making strategic investment choices.