Meerut Is The New Destination For NCR’s Affordable Real Estate Market

Blog post   •   Jul 06, 2019 13:39 IST

With the high property rates of residential properties in Delhi, the average home buyer is not able to buy a property closer to these cities. The present scenario has encouraged people to buy affordable property to neighbourhood cities like Meerut. Low priced property in Meerut has given rise to the affordable housing in the city which can satisfy the needs of new age buyers of the city.

Residential real estate market in the city has picked up so well since the culture of flats in Meerut has come into vogue in different locations of the city. Many locations are high on demand due to the excellent infrastructure facilities, well-planned development and high-level security.

Connectivity: An Important Factor

The proximity of Meerut with one of the most developed cities of India such as Noida and Gurugram has played an important role in the development of Meerut. The Delhi–Meerut Expressway is India's widest 96 km long controlled-access expressway, will significantly reduce travel from Delhi to Meerut by 45 minutes.

Delhi–Meerut Regional Rapid Transit System is also in its initial stages of construction and the government has planned to complete this high-speed regional transit system by mid-2025. The high-speed trains will cover the distance between Delhi and Meerut through Ghaziabad in less than an hour. With the help of the RRTS, it will offer much-needed additional public transport infrastructure to the Meerut to address issues of traffic congestion and air pollution.

Residential Projects From Reputed Developers

Meerut is developing as the perfect real estate investment destinations with large scale residential developments. With the residing demand of ready to move flats in Meerut, the prices of the flats will increase and will be going to stay in the future. Presence of reputed developers of real estate market such as Apex Group Of Companies & Spice Homes, R.R. Builders, have a major influence on the property market of Meerut.

Griham Spice Homes in Meerut-Hapur Bypass Road

Griham Spice Homes is ready to move residential project located in Meerut-Hapur Bypass Road, is designed meticulously with attention to every minute detail. Spread over 10.33 acres, it has been created to suit the needs of residents. Showcasing 1 BHK and 2 BHK flats in Meerut ranging from 501 sq. ft. to 1835 sq. ft., the project developed by Apex Group Of Companies & Spice Homes offers modern amenities such as 24*7 security, shopping arcade, children play area, landscaped garden, community halls, rainwater harvesting, and many more.

Mihir Heights in Rishi Nagar, Meerut

Developed by R.R. Builders, Mihir Heights offers 2BHK, 3BHK and 4BHK apartments ranging in size from 1050 square feet to 2150 square feet in total with varying configurations. Located in Rishi Nagar, Meerut, this ready to move residential project are designed in such a way that inhabitants get maximum out of it like much more living space, more natural light in every flat, more natural air passage and a great view of the landscape garden. The luxurious amenities is one of the biggest driving factors of this residential project such as 24*7 security, fire fighting system, ambulance, restaurant, CCTV, children play area, DTH cabling, jogging track, elevator, etc.