Neel Matha
Avg. Rate
โน 4,725/sq. ft
Locality Rating
5.3/10
Neel-Matha is a locality in Lucknow, Lucknow District, and its PIN code is 226002. Located in the heart of the city, this area is known for its residential properties and commercial establishments. The locality is surrounded by other prominent areas such as Gomtinagar and Indiranagar, making it a sought-after location for both residents and businesses. The area has easy access to major transportation hubs, including the Lucknow Metro and several bus routes. The district of None, where Neel-Matha is situated, is one of the 18 districts of Uttar Pradesh. The area has a mix of old and new buildings, with some older structures still standing alongside modern high-rise apartments and commercial complexes. The locality is also home to several educational institutions, hospitals, and shopping centers, making it a convenient and self-sufficient area for residents.
Region
Neel Matha
City
Lucknow
District
Lucknow
State
Uttar Pradesh
Pincode
226002
Population
39,223
Schools
4
Nearest Airport
Chaudhary Charan Singh International Airport (LKO)
Neighbourhood Insights by
The Good
An operational LMRC metro station serves Neel Matha, providing fast, traffic-free connectivity to Charbagh, Gomti Nagar, and the city centre
A multi-speciality hospital within reach of Neel Matha significantly improves emergency medical response for residents and makes it a preferred family address
Reputed CBSE and ICSE schools within 2-3 km of Neel Matha make it a first-choice address for education-conscious families across income segments
A thriving local market in Neel Matha places daily necessities, restaurants, and retail within comfortable walking distance for residents
Strong government, HNI, and IT-professional buyer base sustains resale liquidity and above-market valuations in Neel Matha
The Bad
School-zone drop-off and pick-up activity in Neel Matha creates sharp but predictable congestion on internal roads during weekday morning and afternoon hours
Rapid appreciation has pushed Neel Matha's per-sqft rates to levels that effectively exclude first-time and mid-income buyers from the market
Aurum Price Index for Neel matha
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 4,725/sq. ft
Average Price Range
โน 1,400 โ 14,600
Trend (5Y)
โฒ 94.5%
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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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