Affordable Flats In Meerut: A Better Residential Option In Delhi NCR

Meerut is being seen as the next real estate hub as it offers cost-effective and quality residential options over a complete saturation prevailed in metro cities that touch the boarder of the national capital of India: Delhi. The historic city that rose to fame during the first mutiny of 1857 is now a new real estate destination that is known for offering affordable housing projects for the mid and the lowers middle class end users. As apartments in Delhi NCR are very costly, the real estate industry is betting on the historic city as new governmental land reforms are going to add more value to property investment in a perfect manner. With an improved and upcoming physical infrastructure, Meerut is the new fantastic choice for the launching of both commercial as well residential projects.

Due to its close proximity to the national capital via NH-58 and rail road track, the city is known for making affordable housing available for the mid and the lowers middle classes. With poor response of real estate market in Delhi and its close areas, the city is giving a tough competition to the NCR cities and has become builders’ first choice to launch new affordable flats in Meerut. When compared to Gurgaon, Ghaziabad, and Noida, property rates in Meerut are found competitive and suit all pockets in a perfect manner.

"Here, price of residential property varies from Rs 2,350 per sq metre to Rs 16,500 per sq metre, depending on the location. Earlier, property prices in Gurgaon and Noida were considered to be going through the roof, which drove property buyers to the other parts of the NCR. Price of land in Meerut is not so high but the property market is certainly showing phenomenal potential for growth. For the people who cannot afford an apartment in Delhi and yet want to remain near the city, Meerut offers a cost effective option," says R K Arora, the chairman and managing director of Supertech Group.

Supertech, a leading real estate developer has launched two new project Supertech Green Village and Supertech Sports City in order offer home buyers quality homes with all modern living amenities in the greenest area of Western Uttar Pradesh. This area is totally pollution free and ensures a quality live in prime locations where social and physical infrastructure give a perfect shape to urban life. So, if you are interested in property investment, go for flats in Meerut.