Meerut Properties, Meerut Property, Meerut Real Estate, Dealers, Builders & Developers, Meerut
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Meerut is one of the important commercial centers of Uttar Pradesh. Meerut is a short bus ride from Delhi and close to Noida, Hapur and Moradabad cities as well with a highway running through it. Meerut have a lot of investment opportunities which gives unexpectable returns on investments.
Land in Meerut is still available in plenty at very affordable rates, so real estate companies like Omaxe, Supertech and Gaur Sons are developing several properties in Meerut. These include residential projects, commercial and retail ventures in the upcoming areas and suburbs of Meerut. Upmarket areas for investment in commercial properties in Meerut are Abu Plaza and Ganga Plaza. Areas close to the highway are more expensive and the rates are only increasing with each passing year.
As regards residential properties in Meerut, there is a lot of demand for housing especially on the exteriors areas of the city. These are areas close to Modipuram and Mawana Road on the Muzaffarnagar highway. The new areas come with better infrastructure and civic amenities and are planned properly as compared to the older areas of the city. So you can think of buying residential properties in Meerut in these areas for staying yourself or even for the purpose of letting it out on rent. Properties in Meerut are a great investment for those who cannot afford to invest at high rates in Delhi. However if you are new to Meerut, consult a real estate agent who can give you a good idea of the good locations in Meerut and suggest upcoming projects of reputed builders. Also do research online at various real estate portals regarding good avenues for investing in properties in Meerut before making a final decision.
A lot of retail development is taking place in the form of shopping complexes, multiplexes and malls. It is a good idea to invest in shops and other commercial properties in Meerut in these new projects as they are bound to be profitable. In fact it is cheaper to invest in an on-going project likely to be completed in the near future rather than in a new shop that is bound to be very expensive. Also, the real estate market in Meerut will surely see an upswing after the fiasco of Noida Extension and the problems in Greater Noida. So now is the right time to invest in properties in Meerut before the rates start skyrocketing.