Property in Meerut

Meerut, an ancient city with settlements dating back to Indus valley civilization is situated in Uttar Pradesh, India. Meerut has its municipal area(as of 2001) 141.89 sq.km and is one of the largest cantonment of India. The city is distanced 70km northeast from New Delhi. Having monsoon influenced humid climate,Meerut is the 33rd most populous urban agglomeration and 26th most populous city in India.

Holding mythological value which resulted in temples and other religious places hence attracting tourists. Real estate in Meerut is proving beneficial. A lot of investment is being done in property in Meerut. Properties in Meerut are developing which allows amazing budget housing. Meerut is one of the towns that ranks 5th on the “vibrancy” index according to a June 2011 report by US Financial services Firm Morgan Stanley.The city shows plenty of signs of “potential for urbanization” which makes the properties in Meerut go through a boom phase with new real estate projects.The projects include residential property, roads, malls, flyovers and apartments that are coming up. With such projects near property in Meerut, it is convenient for people to live there. The city was the starting point for sepoy mutiny 1857. The city also known as the “Sports City of India”, is prominent manufacturer of sports goods.

Connectivity: Nearest airport Indira Gandhi International Airport is distanced approx 100km. Currently a large group of about 20,000 passengers travel daily to Delhi and back by rail. RRTS project plan has been proposed that will allow a huge mass of people to commute to Delhi by minimizing the traveling time from 2-3 hours to 65 minutes. Meerut is connected to cities like Delhi, Noida, Haridwar, Faridabad, etc by road and NH-235, NH-119 and NH-58 National Highways pass through Meerut. A large group of investors are seeking interest in Meerut. Meerut have good investors from varied industries prominently pharmaceutical companies like Mankind Pharma, Bestochem, Perk Pharmaceuticals and the list goes on.