Direct answer. On 24 July 2026 a 12 gram 22K plain gold necklace in Nagpur costs about Rs 1,73,300 all in at Londe Jewellers Sitabuldi. That is a metal rate of Rs 13,510 per gram, a mid making charge of Rs 500 per gram, 3 percent GST on the metal and 5 percent GST on the making. A light 8 gram daily necklace starts near Rs 1,15,500 and a 50 gram bridal necklace set runs near Rs 7,22,000. The all in cost per gram of a plain 22K necklace is about Rs 14,440 today.
By Rajesh Londe, Managing Partner, Londe Jewellers Gold & Diamonds, Sitabuldi, since 1989. Published 24 July 2026. Gold rate moves daily, so verify the live figure on today's gold rate in Nagpur.
A gold necklace price in Nagpur is built from four parts, listed separately on a valid GST tax invoice. First, the metal value, which is the net gold weight multiplied by the karat rate for that day, for example Rs 13,510 per gram for 22K on 24 July 2026. Second, the making charge, which pays the karigar labour, the polish and the retail overhead, quoted either as a flat per gram rate or as a percentage. Third, 3 percent GST on the metal value. Fourth, 5 percent GST on the making charge. There is no fifth hidden line on an honest necklace invoice.
Necklaces carry a wider making band than plain chains, because a thushi cluster, a rani haar or a temple set involves far more karigar hours per gram than a simple box chain. Two necklaces of the same weight can differ in price by 30 to 60 percent purely on the making charge and the design. This is why weight alone never tells you the price. You need the weight, the karat, the making band for that style and the live metal rate together.
The table below gives the indicative all in price of a plain 22K daily necklace at Londe Jewellers Sitabuldi on 24 July 2026, at a metal rate of Rs 13,510 per gram and a mid making charge of Rs 500 per gram. GST is included. Thushi, rani haar, temple and bridal styles cost more, covered in the next section.
| Necklace weight | Metal value (Rs) | Making at Rs 500/g (Rs) | GST 3% + 5% (Rs) | All in price (Rs) |
|---|---|---|---|---|
| 8 grams (light daily) | 1,08,080 | 4,000 | 3,442 | 1,15,500 |
| 12 grams (popular daily) | 1,62,120 | 6,000 | 5,164 | 1,73,300 |
| 18 grams (festive) | 2,43,180 | 9,000 | 7,745 | 2,59,900 |
| 25 grams (short bridal) | 3,37,750 | 12,500 | 10,758 | 3,61,000 |
| 40 grams (bridal set) | 5,40,400 | 20,000 | 17,212 | 5,77,600 |
| 50 grams (heavy bridal set) | 6,75,500 | 25,000 | 21,515 | 7,22,000 |
Read the ladder as a range, not a fixed tag. If the metal rate rises Rs 100 per gram tomorrow, a 12 gram necklace rises about Rs 1,236. If you choose a lighter design or a plain collar, the price drops. The metal column is the same at every honest jeweller in Nagpur on a given day, because it is pegged to the IBJA Mumbai benchmark. The making column is where jewellers differ.
The style of the necklace decides the making band. The table below is the per gram making charge for 22K necklaces at Londe Jewellers Sitabuldi as of 24 July 2026, cross verified with the Sitabuldi workshop.
| Necklace style | Making (Rs per gram) | Best for |
|---|---|---|
| Plain collar / lightweight daily necklace | 380 to 600 | Daily wear, office, gifting |
| Mohanmala / long layered necklace | 550 to 950 | Festive, saree, statement |
| Rani haar (long bridal haar) | 550 to 950 | Wedding, heirloom |
| Thushi (beaded cluster) | 600 to 1000 | Maharashtrian bride, festive |
| Kolhapuri saaj | 650 to 1150 | Traditional Maharashtrian bride |
| Temple / nakshi / antique set | 750 to 1500 | Bridal, temple jewellery lovers |
Thushi and temple necklaces carry a higher making band per gram because the beadwork and the nakshi carving are labour intensive. A bride who wants a heavy traditional look budgets for both the metal and the higher making. A buyer who wants an everyday necklace at a lower total budget picks a plain collar or a light mohanmala, where the making band is far lower.
Vidarbha and wider Maharashtra have a rich necklace vocabulary that goes far beyond a plain chain. The thushi is a snug choker of tightly clustered gold beads, worn high on the neck, a signature of the Maharashtrian bride. The kolhapuri saaj is a long traditional necklace of leaf shaped and jav bead motifs ending in a pendant, one of the most recognised bridal pieces in the region. The mohanmala is a long layered bead chain worn over a saree, and the chinchpeti and bormaal are shorter traditional forms. Each carries its own making band because of the beadwork and the karigari. Read the dedicated thushi necklace guide and the kolhapuri saaj guide for weight and style detail on each.
Almost every gold necklace sold in Nagpur is 22 karat, which is 91.6 percent pure and the workshop default. It holds colour, resells cleanly and suits both daily and bridal wear. 18 karat necklaces, at 75 percent purity, appear mainly in fashion collections and in necklaces that hold diamond or coloured stone stations, because the harder 18K alloy grips a setting without bending. An 18K necklace uses less pure gold per gram, so the metal cost is lower, but the making per gram is usually higher due to the precision work. For a traditional or bridal necklace, 22K is the value choice in Nagpur. To understand purity marks before you buy, read the gold purity guide and how to check the BIS hallmark in Nagpur.
Londe Jewellers does not deal in lab grown stones. Any diamond station on a necklace is a natural IGI or GIA certified stone.
A gold necklace price in Nagpur is only meaningful if the gold is certified. Every necklace sold from Londe Jewellers is BIS hallmarked and carries a 6 digit HUID number stamped on the clasp and printed on your invoice. You can scan the HUID against the BIS Care app on your phone in the store and confirm the purity yourself. A necklace quoted at a suspiciously low price without a HUID stamp is a red flag, because the metal purity cannot be independently verified.
A necklace is also a store of value, so the exit terms matter as much as the entry price. At Londe Jewellers the buyback and exchange on a hallmarked 22K gold necklace carry 0 percent deduction, at the same prevailing Nagpur rate used for buying. So a necklace bought here can be exchanged towards a heavier set, a bridal collection or a mangalsutra with no making loss on the metal. Compare that with the 15 to 25 percent deduction common at unbranded shops. Full terms are on the gold exchange Nagpur page.
Gold prices are high in 2026, so many Nagpur families choose a lightweight design that gives a big look at a lower total weight. A hollow or lightweight collar necklace can look substantial at 8 to 12 grams, keeping the total under Rs 1,75,000 while still being 22K BIS hallmarked. Pairing a lightweight necklace with a 0 percent gold exchange of old pieces brings the out of pocket cost down further, since the old metal is valued at the same rate with no deduction. This is the practical route for a festive or gifting necklace that does not need the weight of a bridal set.
The honest way to price a necklace is to weigh it in front of you on a BIS certified scale, read the live metal rate for the day, and see the making charge and both GST lines before you decide. You can do this at the Londe Jewellers Sitabuldi flagship, Modi Number 2, Opposite Datta Mandir, Sitabuldi, Nagpur 440012, open 11 AM to 8:30 PM, 7 days a week, phone +91 90755 12053. The Sitabuldi store has certified Vidarbha gold purchases since 1989 and holds the widest necklace range across daily, thushi, kolhapuri saaj, rani haar, temple and bridal sets.
For diamond and natural certified stone necklaces, the Gokulpeth showroom on Gokulpeth Bazar Road carries the deepest diamond necklace range in west Nagpur. You can also visit the Manish Nagar or Nandanvan stores.
On 24 July 2026 a 12 gram 22K plain gold necklace in Nagpur costs about Rs 1,73,300 all in at Londe Jewellers Sitabuldi, using a metal rate of Rs 13,510 per gram, a mid making charge of Rs 500 per gram and GST. A light 8 gram daily necklace starts near Rs 1,15,500 and a 50 gram bridal necklace set runs near Rs 7,22,000.
The all in cost per gram of a plain 22K gold necklace in Nagpur is about Rs 14,440 on 24 July 2026. That is the Rs 13,510 metal rate plus a mid making charge of Rs 500 per gram plus 3 percent GST on metal and 5 percent GST on making. Thushi, rani haar, temple and bridal necklace sets carry a higher making band, so the per gram figure rises.
Gold necklace making charges in Nagpur run Rs 380 to Rs 600 per gram for plain and lightweight daily necklaces, Rs 550 to Rs 950 per gram for rani haar and long layered necklaces, Rs 600 to Rs 1000 per gram for thushi beaded necklaces, and Rs 750 to Rs 1500 per gram for temple, nakshi and antique bridal necklace sets.
A bridal gold necklace set in Nagpur, meaning a necklace with matching earrings in the 40 to 60 gram range, runs about Rs 5,77,600 for a 40 gram set and about Rs 7,22,000 for a 50 gram set on 24 July 2026, at a metal rate of Rs 13,510 per gram and a mid making charge of Rs 500 per gram with GST. Temple and antique designs with heavy nakshi work cost more. The Sitabuldi flagship holds the widest bridal necklace range.
Yes. A hallmarked 22K gold necklace from Londe Jewellers carries a lifetime buyback and exchange at 0 percent deduction on the metal, at the same prevailing Nagpur rate. A necklace can be exchanged towards a heavier set or a bridal collection with no making loss on the metal.
Last reviewed by Rajesh Londe, Managing Partner Londe Jewellers Gold & Diamonds, 24 July 2026. The Sitabuldi flagship has been certifying Vidarbha gold purchases since 1989. 37 plus years, 5 lakh families served.
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