An engagement ring remains close to your heart and holds great importance. You don’t always need a six-figure budget to propose your special one, especially when lab-grown diamonds have taken their place. With our collection of engagement ring designs in lab-grown diamonds, you will get affordable and ethical options. From timeless solitaires to contemporary twists, we’ve curated the most exquisite engagement ring designs that are both luxurious and wallet-friendly.
Why should I choose lab-grown diamonds?
Before exploring the designs, let’s explore why lab-grown diamonds are a smart choice:
1. 100% Real Diamonds:
Lab-grown diamonds are optically, physically, and chemically identical to mined diamonds. They offer the same fire, sparkle, and hardness, without the mining impact.
2. Better Value for Money:
Since lab-grown diamonds eliminate the traditional mining and supply chain costs, you can get a bigger, higher-quality diamond at a fraction of the price.
3. Ethical and Sustainable:
No mining, no ecological damage, no unethical labour. Just clean, sustainable luxury. That’s the future, and that’s Noveemi.
What Makes a Perfect Engagement Ring Under ₹1 Lakh?
With Noveemi, elegance meets practicality. Our curated collection is designed to offer:
- IGI-certified lab-grown diamonds
- 14K hallmark-certified gold (available in yellow, white, and rose gold)
- Contemporary and classic design aesthetics
- Options to personalise with engraving or stone upgrades
Here are the most loved engagement ring designs under ₹1 lakh that strike a balance between emotion, design, and affordability.
Top 8 Engagement Ring Designs Under ₹1 Lakh – Only at Noveemi
1. Classic Solitaire Ring – Forever Favourite
Starting at ₹72,000
The timeless beauty of a single sparkling diamond never fades. Our lab-grown diamond solitaire rings feature a perfectly cut round lab-grown diamond, placed on a slim 14K gold band. It’s the ultimate statement of elegance and simplicity.
Best for: Minimalists and traditional romantic couples
Available in: Yellow, white, or rose gold
2. Oval-Cut Diamond Ring with Pavé Band
Approx. ₹85,000 – ₹95,000
This design exudes sophistication with an elongated oval-cut diamond flanked by a band of tiny pavé-set diamonds. The result? A ring that’s graceful, feminine, and makes the finger appear longer.
Why it stands out: The pavé setting adds sparkle from every angle
Bonus: Available in adjustable gold tones
3. Heart-Shaped Diamond Ring – Love in Form
Approx. ₹78,000
Celebrate your love with a heart-shaped, affordable diamond. Surrounded by a delicate halo and sitting on a curved gold band, this ring speaks volumes about emotion and style.
Perfect for: Hopeless romantics and sentimental souls
Customisation tip: Add your initials engraved inside the band
4. Halo Princess-Cut Engagement Ring
₹88,000 – ₹95,000
The princess-cut diamond offers a sharp, modern alternative to round stones. Set within a diamond-studded halo and finished with a pavé band, this ring brings both sparkle and symmetry.
Why brides love it: It offers great coverage and shine under ₹1 lakh
Styling idea: Pair with a clean wedding band for a royal combo
5. Three-Stone Past-Present-Future Ring
A ring that tells your love story, three diamonds symbolising your journey together: past, present, and future. Set in 18K gold, this elegant piece combines sentiment with sparkle.
Best for: Storytellers, classic ring lovers
Pair it with: A curved eternity band for a modern bridal stack
6. Emerald-Cut East-West Ring
Approx. ₹80,000
For the modern bride who likes to break tradition, this ring flips the script. The emerald-cut diamond is set horizontally (east-west style), offering a sleek and sophisticated profile.
Why it’s trending: Clean lines, minimal setting, and unique orientation
Bonus feature: Smooth bezel for daily wear comfort
7. Vintage Marquise Cluster Ring
₹68,000 – ₹75,000
A nod to the past with a modern upgrade. The marquise centre stone is surrounded by tiny round diamonds in a floral or leafy pattern, making this design charming and intricate.
Best for: Vintage lovers and detail-oriented brides
Design tip: You must pair with rose gold
8. Infinity Twisted Band Ring
Starting at ₹70,000
The design symbolises eternal love, with a twisted band design that mimics the infinity symbol.
Perfect for: Active brides, it’s secure and snag-free
Why choose Noveemi?
- We sell certified diamonds to our customers. We offer authentic, quality diamonds.
- We offer personalised designs. From initials engraved inside the band to custom diamond sizes, we offer meaningful personalisation options.
- We provide you with diamonds at an affordable rate.
- No mining, no harm. Just 100% lab-grown diamonds with love and care.
Buying tips
- Go Lab-Grown: You’ll get a 1-carat lab-grown diamond for the price of a 0.30-carat natural one.
- Choose 18K Gold: Offers durability and richness without the cost of platinum.
- Pick Near-Colourless Diamonds (G–H): They look identical to higher grades but cost less.
- Explore East-West Settings: These creative designs are stunning and often more affordable.
Your engagement ring doesn't require a high budget. With Noveemi’s lab-grown diamond rings under ₹1 lakh, you can celebrate love in a way that’s stylish, sentimental, and smart. Explore our curated designs only on our website.
Frequently asked questions
Here are some common questions.
Absolutely! At Noveemi, we offer custom ring designs starting at ₹60,000. You can personalise the diamond shape, metal type, and engraving while staying within budget.
Yes! Lab-grown diamonds are as real as mined ones. They are real, certified, and durable.
Like most jewellery, resale value depends on design and material. Lab-grown diamonds are more affordable, so they retain a good percentage of their value.
About the Author
Yumit Dungrani
Chief Executive Officer
Yumit Dungrani is the Founder & CEO of Noveemi, a brand committed to sustainable lab-grown diamond jewellery. With a deep understanding of India’s evolving jewellery market, he writes about mindful luxury, design trends, and empowering women through accessible elegance.
Exquisite Engagement Ring Designs Under Rs 1 Lakh