Prayagraj Pin Codes: 5 Most Expensive Areas in Prayagraj
Prayagraj, formerly known as Allahabad, is a vibrant city located in the northern state of Uttar Pradesh, India. With its rich history, cultural heritage, and religious significance, Prayagraj attracts residents from all walks of life. The city is known for its magnificent Ganga-Jamuna confluence and hosts the renowned Kumbh Mela, a mass Hindu pilgrimage. As Prayagraj continues to evolve and develop, certain neighborhoods have emerged as highly sought-after areas to live in, boasting luxurious properties and high-end amenities. In this article, we will explore the five most expensive pin codes in Prayagraj city, delving into the cost of living, average property rates, as well as the average cost of renting and buying a 2BHK apartment in each area.
Pin Code: 211001 - Civil Lines
Civil Lines is an upscale residential area in Prayagraj, known for its elegant colonial-era buildings and well-planned streets. Living in Civil Lines offers a sophisticated lifestyle amidst lush greenery. The cost of living in this pin code is relatively high compared to other areas in the city. The average property rate in Civil Lines ranges from INR 15,000 to INR 20,000 per square foot. Renting a 2BHK apartment in Civil Lines can cost you around INR 30,000 to INR 40,000 per month, while buying a 2BHK apartment may come with a price tag of approximately INR 1 crore to INR 1.5 crores.
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Pin Code: 211002 - Tagore Town
Tagore Town is a prestigious neighborhood in Prayagraj, named after the famous poet and Nobel laureate Rabindranath Tagore. This area is known for its serene ambiance and proximity to educational institutions, making it a preferred choice for families. The cost of living in Tagore Town is on the higher side. The average property rate in this pin code varies from INR 12,000 to INR 16,000 per square foot. Renting a 2BHK apartment in Tagore Town can range from INR 25,000 to INR 35,000 per month, while the average cost of buying a 2BHK apartment is around INR 80 lakhs to INR 1.2 crores.
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Pin Code: 211003 - Ashok Nagar
Ashok Nagar is a prime residential locality in Prayagraj, known for its well-planned infrastructure and modern amenities. It offers a blend of tranquility and convenience, with easy access to schools, hospitals, and shopping centers. Living in Ashok Nagar comes at a premium price. The average property rate in this pin code ranges from INR 10,000 to INR 14,000 per square foot. Renting a 2BHK apartment in Ashok Nagar can cost you approximately INR 20,000 to INR 30,000 per month. If you plan to buy a 2BHK apartment in this area, you can expect to spend around INR 70 lakhs to INR 1 crore.
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Pin Code: 211004 - Lukerganj
Lukerganj is a bustling residential and commercial locality in Prayagraj. It offers a wide range of amenities, including shopping malls, restaurants, and entertainment options. The cost of living in Lukerganj is relatively higher than other parts of the city. The average property rate in this pin code varies from INR 9,000 to INR 12,000 per square foot. Renting a 2BHK apartment in Lukerganj can range from INR 18,000 to INR 25,000 per month. If you're looking to purchase a 2BHK apartment in this area, the average cost would be around INR 60 lakhs to INR 90 lakhs.
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Pin Code: 211005 - Civil Lines Extension
Civil Lines Extension is an upcoming residential area in Prayagraj, offering a blend of modern infrastructure and serene surroundings. The locality has witnessed rapid development in recent years, attracting both investors and residents. The cost of living in Civil Lines Extension is comparatively high. The average property rate in this pin code ranges from INR 8,000 to INR 11,000 per square foot. Renting a 2BHK apartment in Civil Lines Extension can cost you approximately INR 15,000 to INR 20,000 per month. If you plan to buy a 2BHK apartment in this area, you can expect to spend around INR 50 lakhs to INR 80 lakhs.
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Conclusion
Prayagraj, with its historical and cultural significance, offers a range of luxurious and exclusive residential areas. The five pin codes mentioned above - Civil Lines, Tagore Town, Ashok Nagar, Lukerganj, and Civil Lines Extension - stand out as the most expensive areas in the city. These neighborhoods provide residents with a sophisticated lifestyle, upscale amenities, and convenient access to various facilities. The cost of living, average property rates, and the average cost of renting and buying 2BHK apartments vary in each pin code, reflecting the exclusivity and desirability of these areas.
FAQs
Absolutely! The mentioned areas, such as Civil Lines, Tagore Town, and Ashok Nagar, are highly suitable for families. They offer a peaceful environment, proximity to educational institutions, and essential amenities required for a comfortable lifestyle.
Yes, Prayagraj offers a wide range of housing options to cater to different budgets. While the areas mentioned in this article are more expensive, there are affordable localities available in the city as well.
The higher property rates in these pin codes can be attributed to factors such as location, infrastructure, proximity to amenities, and the overall demand for properties in these prestigious areas.
Yes, all of the mentioned areas have rental options available. However, the rental prices may be higher compared to other parts of the city due to the exclusivity and desirability of these localities.
Yes, these areas offer a variety of property options, including apartments with more than 2 bedrooms. You can find properties with larger configurations based on your requirements, although the prices may vary accordingly.
