Balmikinagar
Avg. Rate
โน 2,623/sq. ft
Locality Rating
7.2/10
Balmikinagar is a locality in Lucknow, Lucknow District, and its PIN code is 226006. Located in the heart of the city, this area is known for its residential properties and commercial establishments. The locality is surrounded by various other localities such as Gomtinagar and Aliganj, providing easy access to essential amenities and services. The area has a mix of old and new buildings, with some areas being densely populated and others being relatively quiet. The locality is served by the Lucknow Municipal Corporation and has a number of parks and green spaces, including the Balmiki Nagar Park. The area is also home to several educational institutions, healthcare facilities, and shopping centers, making it a popular choice for residents and workers alike. The district of Lucknow is where Balmikinagar is situated.
Region
Balmikinagar
City
Lucknow
District
Lucknow
State
Uttar Pradesh
Pincode
226006
Population
16,179
Schools
5
Nearest Airport
Chaudhary Charan Singh International Airport (LKO)
Neighbourhood Insights by
The Good
A multi-speciality hospital within reach of Balmikinagar significantly improves emergency medical response for residents and makes it a preferred family address
Reputed CBSE and ICSE schools within 2-3 km of Balmikinagar make it a first-choice address for education-conscious families across income segments
Balmikinagar's commercial density reduces vehicle dependency for everyday errands and drives footfall that reinforces residential property values
An upcoming metro alignment near Balmikinagar will transform last-mile connectivity, a major upside trigger for current investors
Lowest entry-ticket pricing in the Lucknow market makes Balmikinagar viable for land banking and patient-capital investors
The Bad
School-zone drop-off and pick-up activity in Balmikinagar creates sharp but predictable congestion on internal roads during weekday morning and afternoon hours
Ghost-apartment risk in Balmikinagar's newer investor-heavy inventory can depress resale liquidity and make it difficult to establish fair market value
Aurum Price Index for Balmikinagar
Normalized to 100 ยท Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
โน 2,623/sq. ft
Average Price Range
โน 800 โ 8,100
Trend (5Y)
โฒ 96%
Nearby Neighborhoods
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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