This is probably one of the oldest guest houses around Lake Pichola & that itself gives me a high. In my opinion one of the best views of Lake Pichola can be relished from here.
Since we were travelling just before the tourist season, we got an excellent deal in terms of the price & it costed us approx Rs.600 per room per day. For the view & experience you get from here this is probably a bumper deal. The owner of the place is friendly & will guide you with the places to visit around Udaipur.
A word of caution is not to try the food here as it was below par & you can get better options outside in the city.
Overall if you're looking for cheap stay options with the best views of the Lake & its surrounding then don't even think twice, just choose Lal Ghat.