Hapur, Uttar Pradesh Property Guide
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Overview of Hapur
Hapur, situated in Uttar Pradesh, India, is a city that is attracting focus as a great place to invest in real estate. Let's take a look at this city from a real estate point of view:
Location and Connectivity
- Hapur is the head of the Hapur District and is near the main city, Delhi.
- It connects well via National Highway 9 and has close railway stations at Meerut (29 km away) and smaller stations like Bulandshahr and Garhmukteshwar.
Infrastructure and Development
- There’s a fast development in the city with major funding from the state government, spending ₹810 crores on 274 new projects.
- Hapur is turning into an industrial center in areas like stainless steel hardware, agriculture, fertilizers, and electronics.
Educational and Healthcare Facilities
- Hapur is becoming an educational spot with schools like Delhi Public School, Sanskar School, and colleges like SSV PG. It also has research centers.
- The city has good healthcare with hospitals like Life Line Hospital and Anand Hospital.
Residential Areas
Preet Vihar
- This area has many residential plots and houses.
- It’s home to Delhi Public School and SSV PG College.
- 1 BHK apartments start at ₹15 lakhs.
Garh Mukteshwar
- A growing residential spot on National Highway 9.
- It has nearby railway stations like Garhmukteshwar and Garhmukteshwar Bridge (Brijghat).
- Residential plots start from ₹10 lakhs.
Majeedpura
- It offers many facilities including schools like Mehar Public School and healthcare from Shifa Hospital.
- 6 BHK houses start at ₹50 lakhs.
Dhaulana
- Known for growing industrial activities and educational institutes.
- UP RERA saw a 25% increase in real estate launches in 2022.
Property Rates
- Properties start around ₹3,892 per sqft, with an average price of ₹4,340 per sqft.
- The cost for properties goes up to ₹4,987 per sqft in some areas.
Investment Potential
- Hapur has cheap property prices, so it’s great for both the average person and big investors.
- Industrial and school growth means a bright future for real estate investments.
Commercial Real Estate
- Being part of Delhi NCR makes Hapur a good spot for commercial projects.
- Areas like Masuri Gulaothi Road and Anand Vihar are nice for businesses and investments due to their infrastructure and possibilities.
PropertyWala's Conclusion
Hapur is good for buying or renting property. With improving facilities, good schools, healthcare, and a growing industry sector, it's a good move. Low property costs and future growth make it a smart choice for real estate. Its location and growing development suggest big returns on investment.