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Muzaffarnagar, Uttar Pradesh Real Estate

Overview of Muzaffarnagar from a Real Estate Perspective

Location and Connectivity

Muzaffarnagar is in Uttar Pradesh, near the Delhi Dehradun Expressway. This excellent route connects it to major cities and amenities. Its closeness makes it appealing for residents and investors.

Property Types and Pricing

  • Residential Options:
    • Independent houses: Prices vary, averaging ₹54.6 Lac and median ₹45 Lac.
    • Apartments and flats: They range from ₹32 Lac to ₹82 Lac, based on location and features.
    • Villas and plots: Choices cater to various budgets and lifestyles. Prices change accordingly.
  • Commercial Spaces:
    • Shops and office spaces: Prices range from ₹32.5 Lac to ₹82 Lac. Average per sqft costs vary from ₹10,376 to ₹17,079.

Average Property Rates

The average Muzaffarnagar price per sqft is ₹10,911, up 16.5% year-over-year. Locality and property type impact cost, ranging per sqft from ₹2,968 to ₹37,397.

Popular Localities

  • Mansurpur: Known for modern appeal, properties priced from ₹32 Lac to ₹82 Lac.
  • Baghra: Offers properties around ₹35 Lac.
  • Barla and Bhopa Road: Higher-end properties, up to ₹7 Crore.
  • Dwarika Puri, New Mandi, Rampuri, and Gandhi Nagar: Average prices per sqft from ₹4,323 to ₹7,241.

Amenities and Infrastructure

  • Integrated Townships:
    • Numax Muzaffarnagar features modern clubhouses, gyms, pools, courts, play areas, and shopping complexes.
  • Green Spaces:
    • Many projects include lush parks and landscaped gardens.
  • Security and Convenience:
    • Many developments feature 24/7 surveillance and designed road networks for easy access.

Investment Potential

Muzaffarnagar is seen as a good investment. Its strategic location and expanding real estate market boost property growth potential. Links to key transport routes add to its attractiveness.

Developer Reputation

Developers like Numax Realcon Consortium are known for high quality and reliability, ensuring top standards in their projects.

PropertyWala's Conclusion

In general, Muzaffarnagar is a strong choice for buying or renting property. Its good location, various property types, and robust infrastructure attract both users and investors. With modern amenities, green areas, and great connectivity, it’s an excellent place to live or invest. Muzaffarnagar’s evolving real estate scene makes it a standout choice in Uttar Pradesh.