Udaipur, popularly known as the City of Lakes, is not just a tourist paradise but also a thriving real estate market. The demand for residential plots in Udaipur is steadily rising due to its scenic beauty, strong infrastructure, and increasing urban development. Whether you are planning to build your dream home or looking for a high-return investment, buying a plot in Udaipur is a wise decision.
This guide will cover everything you need to know about purchasing residential land in Udaipur, including top locations, price trends, legal aspects, and why investing here is a smart choice.
Why Invest in Residential Plots in Udaipur?
1. Strategic Location & Connectivity
Udaipur enjoys excellent connectivity via national highways, railway stations, and Maharana Pratap Airport. Key locations like Balicha, Hiran Magri, and Bhuwana have seen significant infrastructural growth, making them hotspots for residential investments.
2. High Appreciation Value
Due to rapid urbanization and increasing demand, property prices in Udaipur have witnessed steady appreciation, ensuring great returns on investment.
3. UIT Approved & Legal Clarity
Many residential plots in Udaipur come with UIT (Urban Improvement Trust) approval, ensuring they are legally clear and free from encumbrances.
4. Scenic Beauty & Quality of Life
Udaipur offers a peaceful and picturesque living environment, with lush greenery, lakes, and modern amenities, making it an ideal place to settle down.
Top Locations to Buy Residential Plots in Udaipur
1. Balicha
- Well-planned township with wide roads
- Proximity to highways and educational institutions
- Price Range: INR 8,000 – 15,000 per sq. yard
2. Hiran Magri
- Developed residential area with excellent amenities
- UIT-approved plots available
- Price Range: INR 10,000 – 18,000 per sq. yard
3. Bhuwana
- Emerging residential hub with commercial growth
- Near malls, hospitals, and schools
- Price Range: INR 7,000 – 12,000 per sq. yard
4. Pratap Nagar
- Near Maharana Pratap Airport
- Ideal for long-term investment and rental income
- Price Range: INR 6,000 – 10,000 per sq. yard
5. Sukher
- High-end residential area with luxury villas and apartments
- Excellent road connectivity
- Price Range: INR 12,000 – 20,000 per sq. yard
Key Factors to Consider Before Buying a Residential Plot
1. Legal Documentation & Approvals
Ensure the land has clear titles, an Encumbrance Certificate, and UIT approval to avoid future legal issues.
2. Budget & Loan Facilities
Determine your budget and check if the land is loanable from reputed banks.
3. Infrastructure & Amenities
Look for plots with well-developed roads, water supply, sewage systems, and power connections.
4. Resale & Rental Value
Analyze future resale value and rental demand in the chosen area.
5. Proximity to Essential Services
Plots near schools, hospitals, shopping complexes, and transport hubs have higher appreciation value.
Step-by-Step Process to Buy a Residential Plot in Udaipur
Step 1: Research and Shortlist Properties
Browse listings from real estate websites, local agents, and UIT Udaipur’s official site.
Step 2: Site Visit and Verification
Physically inspect the location and verify the infrastructure.
Step 3: Legal Verification
Check all legal documents, including title deeds and past ownership records.
Step 4: Negotiation & Agreement
Negotiate the price and sign a sale agreement with all terms and conditions clearly mentioned.
Step 5: Registration & Possession
Register the property at the Sub-Registrar Office and obtain all necessary documents.
Future Growth & Investment Potential
With ongoing infrastructure projects, Udaipur’s real estate market is expected to grow exponentially. Investors can expect price appreciation of 10-15% annually in prime locations.
Top upcoming developments:
- Smart City Initiatives enhancing roadways and public facilities
- Commercial hubs near Balicha and Bhuwana
- IT & Business Parks, increasing demand for housing
Common Mistakes to Avoid When Buying a Residential Plot
- Not Verifying Legal Documents: Always ensure the land is UIT-approved.
- Ignoring Hidden Costs: Factor in registration fees, maintenance charges, and taxes.
- Not Checking Future Development Plans: Ensure the area aligns with Udaipur’s master development plan.
- Skipping Infrastructure Analysis: Poor connectivity can affect resale value.
Frequently Asked Questions (FAQs) about Residential Land/Plots in Udaipur
Udaipur, known as the City of Lakes, is an emerging real estate hub due to its scenic beauty, growing infrastructure, and increasing demand for residential properties. Investing in residential land here offers high returns, legal security, and excellent connectivity to major areas
Some of the best locations for buying residential plots in Udaipur include:
Balicha – A rapidly developing area with UIT-approved plots.
Sec-14 Extension (Nela) – Offers great connectivity and modern amenities.
Hiran Magri – A well-established residential area.
Badgaon – Ideal for investment due to upcoming developments.
Rupsagar – Scenic location with high growth potential.*
The price of residential plots in Udaipur varies depending on location, plot size, and infrastructure. On average:
Prime locations: INR 8,000 to 15,000 per sq. yard.
Developing areas: INR 5,000 to 10,000 per sq. yard.
Peripheral areas: INR 3,500 to 7,000 per sq. yard.
Before purchasing a residential plot, ensure you verify the following documents:
Title Deed – Confirms legal ownership.
Encumbrance Certificate – Ensures no legal dues or disputes.
UIT Conversion Certificate – Required for legally converted plots.
Master Plan Compliance – Confirms the plot is as per city planning.
Sale Agreement – Should be legally drafted and signed.
Yes, many banks and financial institutions provide loans for residential plots, especially UIT-converted ones. It is our job to get the loan approved from the bank
UIT (Urban Improvement Trust) conversion means that a plot has been legally converted from agricultural land to residential or commercial use. Investing in a UIT-approved plot ensures legal security, easier resale, and eligibility for loans.
To verify UIT approval:
Visit the official UIT Udaipur website.
Check for the conversion certificate.
Consult a registered real estate agent or legal expert.
Request the seller to provide legal documents.
The registration process includes:
Verification of documents to ensure legal compliance.
Sale deed drafting and signing by both parties.
Stamp duty payment, typically ranging from 5-8% of the plot value.
Visit to the sub-registrar office for final registration.
Mutation process to update land records in the buyer’s name.
Before purchasing a residential plot, consider:
Location – Accessibility to schools, hospitals, and markets.
Legal verification – Check for clear land titles and approvals.
Infrastructure development – Availability of roads, water, and electricity.
Future appreciation potential – Growth prospects in the are
The resale value depends on location, infrastructure, and market demand. In high-demand areas like Balicha and Sec-14 Extension, property values have appreciated by 10-15% annually, making them a profitable investment.
Yes, Non-Resident Indians (NRIs) can buy residential plots in Udaipur under RBI regulations. However, they must adhere to Indian property laws and register the property legally.
Freehold land – The owner has complete ownership with no restrictions.
Leasehold land – The land is leased for a specific period (e.g., 99 years), after which ownership reverts unless renewed.
Yes, apart from the plot price, buyers should consider:
Stamp duty and registration charges.
Legal and documentation fees.
Development charges (if applicable).
Maintenance charges in gated communities.
Yes, provided:
The plot has all legal approvals.
Construction follows UIT and municipal regulations.
You obtain necessary building permissions from local authorities.
The process typically takes 15-30 days, depending on legal verification, document clearance, and registration completion.
Yes, several gated communities offer residential plots with security, amenities, and infrastructure. Popular areas include:
1. Sec-14 Extension
2. Balicha
3. Chitrakoot Nagar
4. Sri Padmavathi Vihar
5. RK Mount View
6. Sonar Vihar Township
7. Siddhi Guru Kripa Phase 4
8. Shri Ram Sagar Vihar
9. Swastik Farm
10. RIICO Converted plot, Kaladwas
11. Shri Ekling Vihar
12. New Nakoda Vihar
13. Shubh Laxmi Vihar
Upcoming developments such as:
Udaipur Smart City initiatives.
Expansion of highways and road networks.
Growth of IT and industrial hubs.
Increased tourism and hospitality projects.
Consult a real estate lawyer immediately and file a complaint with the local land revenue department or UIT Udaipur if needed.
While land purchases do not qualify for tax deductions, if you construct a house on the plot, you may avail tax benefits under Section 80C of the Income Tax Act
Reliable sources include:
UIT Udaipur website.
Registered real estate agents.
Trusted online property portals like MagicBricks, 99acres, and Housing.com.
Conclusion
Buying a residential plot in Udaipur is an excellent investment for those seeking long-term gains or planning their dream home. With well-connected locations, high appreciation potential, and government-approved projects, Udaipur’s real estate market offers significant opportunities.
Before purchasing, conduct thorough research, legal verification, and financial planning to ensure a secure and profitable investment.
2 thoughts on “Residential Land/Plots in Udaipur – Buy Prime Properties”