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Explore most refined lab-grown diamond jewelry!

Exquisite Engagement Ring Designs Under Rs 1 Lakh

June 30, 2025 by
Yumit Dungrani
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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
  • 18K 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 solitaire rings feature a perfectly cut round lab-grown diamond, placed on a slim 18K gold band. It’s the ultimate statement of elegance and simplicity.

Best for: Minimalists, traditional romantics

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

₹92,000

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 

  1. Go Lab-Grown: You’ll get a 1-carat lab-grown diamond for the price of a 0.30-carat natural one.
  2. Choose 18K Gold: Offers durability and richness without the cost of platinum.
  3. Pick Near-Colourless Diamonds (G–H): They look identical to higher grades but cost less.
  4. 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 and gold 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.

FAQs

Can I get a custom engagement ring under ₹1 lakh?

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.

Are lab-grown diamonds real diamonds?

Yes! Lab-grown diamonds are as real as mined ones. They are real, certified, and durable.

Will my lab-grown ring lose value over time?

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.

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