Moradabad is known for its brass products and electroplating units. Now it is emerging as great residential location for investment. Home buyers are moving towards the city because of its developing infrastructure. 1, 2 bedrooms flat in Moradabad are having great demand by the buyers under affordable rates.
Industrial boom in Moradabad has attracted developers and investors from Delhi-NCR and nearby towns of Uttar Pradesh and Uttarakhand.
Moradabad development authority is working on sixteen new sectors which are carved out on 900 acres of land. It will be all well maintained with treatment plant and well planned drainage system in 1, 2, 3 bedroom flats in Moradabad.
Presently, there are few new projects planned by reputed builders with all the amenities and luxuries of perfect home. This is indication of impeding real estate boost in Moradabad. In coming future it will be a residential hub with commercial growth.
Like any other metro city New Moradabad has attracted number of home buyers and developers. Even 1 bedroom flats in Moradabad are also in demand for easy and good investment.
Plot prices in new Moradabad are affordable. It is approved by MDA which will cost around Rs 5000 per sq m. Many housing projects are started by authority for every kind of buyers. They are offering luxury homes to affordable home.
New Moradabad is having distinct price advantage, which will surely increase in coming future because of all the developments. In coming future property in Moradabad will give great return on investment to the buyers.