Overview of Rakshapuram, Meerut

Location and Infrastructure

Rakshapuram, situated in Meerut, presents a lively and well-developed neighborhood featuring both modern amenities and a peaceful living setting. This area boasts great connectivity with key facilities such as schools (such as Sevti Devi Public School), medical services, and essential services. This makes it a desirable spot for both buyers and renters.

Types of Properties

Rakshapuram features a varied array of real estate choices, such as:

• Independent houses
• Villas
• Apartments
• Builder floors
• Plots

You can find these properties in different townships, multi-unit apartment complexes, and standalone plots to suit various socio-economic needs.

Price Range

Prices vary greatly in Rakshapuram, which makes it accessible to many buyers:

• Independent house: Costs range from ₹21 lakhs to ₹47 lakhs for 3 BHK units and ₹38 lakhs to ₹40 lakhs for 4 BHK units.
• Average price per square foot: Ranges from ₹2,800 to ₹5,208, with an average of ₹4,004 per square foot.

Localities Within Rakshapuram

Different areas in Rakshapuram have distinct price points:

• Raksha Puram: ₹6,705 per sq. ft
• Amehra Adipur: ₹12,077 per sq. ft
• Yashoda Kunj: ₹13,326 per sq. ft
• Krishana Nagar: ₹3,384 per sq. ft
• Ishapuram: ₹4,139 per sq. ft
• Ganga Nagar: ₹10,254 per sq. ft

Amenities

Many properties in Rakshapuram come with modern features like:

• Gated communities
• Well-maintained common areas
• Close proximity to educational and healthcare facilities
• Latest conveniences for residents

Rental Options

Rakshapuram offers several rental options for those considering rent, including:

• Semi-furnished floors and houses
• Properties with several bedrooms and bathrooms
• Affordable rental rates starting at ₹13,000 per month.

Legal and Financial Aspects

• Registration and Taxes: Property owners must register with the local municipality and pay stamp duty, registration fees, and property taxes.
• Maintenance Fees: Developers charge fees to maintain common areas.

Property Trends

The real estate market in Rakshapuram is on the rise:

• Property rates have increased by 48.82% over the past year, showing promise for both buying and selling.

PropertyWala's Conclusion

Rakshapuram, Meerut, is an excellent choice for people looking to invest in real estate—for living or as an investment. The area offers a mix of affordable and luxury properties along with well-developed infrastructure and modern amenities. With a growing property market, it is a good investment for both buyers and sellers. Still, it’s key to consider legal and financial details, including registration, taxes, and maintenance fees, for a seamless property ownership journey.