Nilmatha
Avg. Rate
โน 2,182/sq. ft
Locality Rating
5.3/10
Nilmatha is a locality in Lucknow, Lucknow District, and its PIN code is 226002. Situated in the heart of the city, this area is known for its residential properties and commercial establishments. The locality is well-connected to other parts of the city through a network of roads and public transportation. Nilmatha is home to a diverse population, with people from various backgrounds and professions residing here. The area has a mix of old and new buildings, with some historic structures still standing alongside modern apartments and offices. The locality is also close to several educational institutions, hospitals, and shopping centers, making it a convenient place to live and work. The district of Lucknow is a significant urban center in the state of Uttar Pradesh, with Nilmatha being one of its many localities.
Region
Nilmatha
City
Lucknow
District
Lucknow
State
Uttar Pradesh
Pincode
226002
Population
39,223
Schools
2
Nearest Airport
Chaudhary Charan Singh International Airport (LKO)
Neighbourhood Insights by
The Good
A multi-speciality hospital within reach of Nilmatha significantly improves emergency medical response for residents and makes it a preferred family address
The cluster of schools near Nilmatha sustains consistent family-segment demand and a school-zone pricing premium in the residential market
Nilmatha's commercial density reduces vehicle dependency for everyday errands and drives footfall that reinforces residential property values
An upcoming metro alignment near Nilmatha will transform last-mile connectivity, a major upside trigger for current investors
Lowest entry-ticket pricing in the Lucknow market makes Nilmatha viable for land banking and patient-capital investors
The Bad
School-zone drop-off and pick-up activity in Nilmatha creates sharp but predictable congestion on internal roads during weekday morning and afternoon hours
Ghost-apartment risk in Nilmatha's newer investor-heavy inventory can depress resale liquidity and make it difficult to establish fair market value
Aurum Price Index for Nilmatha
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 2,182/sq. ft
Average Price Range
โน 650 โ 6,750
Trend (5Y)
โฒ 95.2%
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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