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Shahjahanpur, Uttar Pradesh Real Estate

Shahjahanpur Overview

Shahjahanpur, nestled within the Rohilkhand Division of Uttar Pradesh, is a city brimming with historical value, modern conveniences, and exciting real estate prospects.

Location and Connectivity

  • Located southeast of Rohilkhand Division, Shahjahanpur is surrounded by Lakhimpur Khiri, Farrukhabad, Bareilly, Hardoi, Budaun, and Pilbhit.
  • The city serves as a transportation hub. Major highways, including NH-24 and NH-730A, link it to cities like Sitapur, Moradabad, Bareilly, Hapur, Lucknow, Ghaziabad, and Delhi. The Shahjahanpur railway junction connects the routes to Lucknow-Moradabad and Jammu Tawi-Howrah.

Climate and Infrastructure

  • The city has a tropical climate with summer temperatures from 22 to 44 degrees Celsius and winter temperatures ranging from 11 to 23 degrees Celsius.
  • Shahjahanpur's healthcare facilities include both public and private hospitals, nursing homes, E.N.T hospitals, and eye hospitals, plus Ayurveda and homoeopathy options.

Employment and Economy

  • Famous for its carpet and sarafa markets.
  • Key industries: Kribhco Shyam Fertilisers Limited, Dalmia paper mills, Roza Sugar Mill, and the Ministry of Defence’s Ordnance Clothing Factory.

Amenities and Markets

  • Shopping markets and malls include Sadar Bazaar, Chinnor market, Double Story market, OCF Market 1, OCF Market 2, and Post Office market.
  • Gift and imitation jewellery shops, dining spots, and supermarkets like Ansh Department Store and Citykart are also there.

Residential Real Estate Opportunities

Top Residential Areas
Sadar Bazaar
  • Famous for convenient transportation and nearby Shahjahanpur railway station (within 5 km).
  • Close to hospitals, schools, malls, and eateries.
  • Property rates around ₹1250 per sq. foot.
Roza
  • High demand due to frequent bus and railway station access.
  • Nearby hospitals, schools, and supermarkets.
  • Powered by 24-hour electricity from the Roza Thermal Power Station.
  • Property rates between ₹1250 to ₹3333 per sq. foot.
Other Areas
  • Neighborhoods like Kuchha Kathara, Azizganj, Tihar, and Jalalabad offer various real estate opportunities.

Property Rates and Trends

  • The average price in Shahjahanpur stands at around ₹5,323 per sq. foot, ranging from ₹1,180 to ₹10,989 per sq. foot.
  • Noteworthy areas:
    • Sadar Bazar: ₹10,989 per sq. foot
    • Kuchha Kathara: ₹6,779 per sq. foot
    • Ramnagar Colony: ₹3,333 per sq. foot

Things to Consider Before Investing

RERA Verification
  • Check properties and builders on the Uttar Pradesh RERA site for transparency and to avoid fraud.
Location Choices
  • Go for areas with hospitals, schools, shopping, and business spots nearby.
Connectivity Needs
  • Check if the property has good transit and links to other parts of the city.
Stamp Duty and Registration
  • Duty is 7% for everyone jointly or individually.
  • Registration fee is 1% for all.

PropertyWala’s Insights

Shahjahanpur’s real estate scene shines with strong infrastructure, job markets, and projects. As government pushes for better transport, industry, and commerce, residential property demand will likely surge. It's key to consider RERA authenticity, location, and connectivity for safe, profitable investments. Seek real estate agent advice and monitor local trends.