Whether you are looking for your dream home or your next investment, you have various options at your disposal. We’ve put together this guide on what you can expect should you decide to invest your 50 lacs rupees in the Udaipur property market.
MOST POPULAR AREAS IN UDAIPUR WITH PROPERTY UNDER INR 50 LACS
NELA - SAVINA
Nela Savina secures first place when it comes to buying a property under 50 lacs rupees in Udaipur. This is one of the fastest developing areas with nearness and direct road connectivity with airport, markets, hospitals, and schools and features apartments, plots, villas, and bungalows, as well as leisure and entertainment facilities.
You will find several ready-to-shift houses for sale in Udaipur ready for purchase. The area is home to many residential and commercial projects, including RSG Universe, Arihant Bungalows, Vaidehi Vihar, and Sukoon Heights.
Considered as the best locality to invest in Udaipur, close to the Nela Lake, and Goverdhan Sagar Lake. So, if you are also in love with the beautiful lakes of Udaipur, then you should buy one of the properties for under 50 lac rupees in this area.
Ready-to-move-in villa for sale in Udaipur under 50 lac rupees come with exciting amenities, including gyms, swimming pools, tennis courts, and community parks if they are in a gated community.
The average per square foot price of plots in Udaipur is INR 2500. This number is expected to rise in near future soon. So, if you are ready to invest 50 lac rupees in Udaipur, investing right now is a smart move.
SOUTH EXTENSION SCHEME - BALICHA
South Extension Scheme Balicha is a newly established community neighboring Udaipur Ahmedabad road. Balicha is becoming the education hub of Udaipur city since the Indian Institute of Management is just nearby. Its strategic location along with the National Highway 48 increase its property value.
You will find fine properties in south extension balicha. With an average sales price per square foot of INR 1700, it is one of the most affordable areas in Udaipur. So, if you have been dreaming of owning a house under 50 lacs in Udaipur, you can buy a family home here in your budget.
JEEVAN TARA GOVARDHAN VILLAS
One of the favorite locality for working and business class people in Udaipur is Jeevan Tara. This fine neighborhood is primarily home to beautifully designed row houses and luxurious bungalows, which offer an upscale lifestyle. Most apartments in this area offer top-class amenities.
Those living in Jeevan Tara will find a choice of academic for their children like St Anthony's, as well as the Indian Institute of Management, Udaipur. A popular Vishal Mega Mart is also just 2 km away, along with Govardhan Sagar lake and several UIT's children's parks.
Jeevan Tara area has connectivity to the old city through 200 feet ring road, which makes it one of the best premium residential areas in Udaipur city.
