Among the prime emerging locations in Udaipur, Shree Padmavati Vihar (Sector-14 Extension, Nela) stands out due to its strategic location, great connectivity and modern infrastructure. Whether you are looking for residential land or a future investment opportunity, this locality offers everything you need.
This blog discusses the benefits, legal aspects, price trends and why investing in Shree Padmavati Vihar is a great decision.
Why Invest in Shri Padmavati Vihar (Sec-14 Extension, Nela)?
1. UIT Converted Plots
All plots in this locality are UIT (Urban Improvement Trust) converted, ensuring legal security and hassle-free ownership.
2. Plot Size Variability
You can choose from 1000-1500 sq. ft. plots, making it suitable for different budgets and requirements.
3. Prime Connectivity
- Located 150 meters from Udaipur-Ahmedabad Highway, ensuring quick access to major cities.
- Five different connectivity routes provide seamless transportation within Udaipur and beyond.
4. Well-Planned Infrastructure
- 100 feet, 60 feet, and 40 feet asphalted roads, ensuring smooth traffic flow.
- Close proximity to Step by Step School, making it a great residential location for families.
5. Bank Loan Availability
Plots in Shri Padmavati Vihar are loanable from all banks, making it easier for buyers to finance their purchases.
Legal Aspects of Buying a Plot in Shri Padmavati Vihar
Before purchasing a plot, ensure that you check the following legal documents:
- UIT Conversion Certificate – Confirms that the land is legally converted for residential use.
- Title Deed Verification – Ensures undisputed ownership.
- Encumbrance Certificate – Certifies that the land is free from legal dues or litigations.
- Master Plan Compliance – Ensures that the plot follows Udaipur’s urban development guidelines.
Price Trends in Shri Padmavati Vihar, Udaipur
The price of plots in Shri Padmavati Vihar varies based on size and location. Here’s an approximate price range:
- Prime Location Plots – ₹3500 to ₹12,000 per sq. yard
- Peripheral Areas – ₹3500 to ₹8,500 per sq. yard
Price appreciation is expected as Udaipur’s infrastructure continues to develop, making this a lucrative investment.
Steps to Buy a Plot in Shri Padmavati Vihar
Step 1: Define Your Budget and Requirements
Decide on your budget and choose between a 1000 sq. ft. or 1500 sq. ft. plot based on your needs.
Step 2: Research & Verify Plots
Check with UIT Udaipur or trusted real estate agents to confirm availability and legal status.
Step 3: Conduct a Site Visit
Inspect the plot to assess the infrastructure, road access, and surrounding amenities.
Step 4: Verify Legal Documents
Ensure all necessary legal documents are in place before making any payment.
Step 5: Complete the Registration Process
Negotiate the price, finalize the deal, and register the property at the sub-registrar office to make it legally yours.
Investment Potential of Shri Padmavati Vihar (Sec-14 Extension, Nela)
1. High ROI (Return on Investment)
As Udaipur expands, property prices in this locality are expected to rise significantly.
2. Rental Income Opportunities
Investors can develop rental homes or commercial spaces to generate steady passive income.
3. Growing Infrastructure & Amenities
With the increasing development of schools, hospitals, and commercial hubs, this locality offers great living standards.
Common Mistakes to Avoid When Buying a Plot
- Skipping Legal Verification – Always verify UIT approvals and property titles.
- Ignoring Location Factors – Choose plots that are well-connected to roads and urban infrastructure.
- Overlooking Additional Costs – Include registration fees, property tax, and development charges in your budget.
- Not Considering Future Growth – Ensure the location aligns with Udaipur’s urban development plans.
Conclusion
Shri Padmavati Vihar (Sec-14 Extension, Nela) is one of the most promising real estate investment destinations in Udaipur. With UIT-approved plots, strong connectivity, loan availability, and modern infrastructure, it is an ideal choice for both homebuyers and investors.
If you’re looking for a secure, legally approved, and high-growth potential property, investing in Shri Padmavati Vihar is a decision you won’t regret.
