want to Invest in Bareilly Real Estate Bareilly is a city in the Indian state of Uttar Pradesh that has seen tremendous growth in its real estate market over the years. With a population of over 1.2 million people, the city is one of the fastest-growing in the state, attracting investors and homebuyers from all over the country. In this article, we will explore the Bareilly city real estate market, its pricing and growth, and highlight some of the popular residential projects in the area .
Real Estate Market in Bareilly City
The Bareilly city real estate market has witnessed significant growth over the past few years, with property prices increasing by around 10-15% annually. The demand for real estate in the city is primarily driven by its strategic location, well-developed infrastructure, and growing economy. The city is well-connected to major cities in the region through highways and railways, making it an attractive destination for businesses and investors.
Residential Properties in Bareilly City
Several residential projects have emerged in Bareilly City, catering to the needs of different segments of homebuyers. Here are some of the most popular ones:
- Ramganga Nagar Awasiya Yojna : – This Project is Spread Over 650 Acres of Land . This Township is promoted by BDA Bareilly , local Development Authority . It Offers Residential Plots , Duplex Villas , Commercial Plots and Multi Storey Apartments . As this is Sarkari Yojana , so EWS , LIG and MIG Flats are also available for sale in this Township . one can apply online or offline in this scheme .
This Big Township is divided into 12 sectors such as Ganga Enclave , Kaveri Enclave , Sabarmati Enclave and many more .
- Greater Bareilly :- The development of a new township has been proposed by the Bareilly Development Authority in the name of Greater Bareilly. In this township, world class basic facilities will be made available to the general public. In this township, different types of residential/commercial plots will be created by the Bareilly Development Authority keeping in mind all the classes. From the point of view of planning and development, the scheme will be developed in a phased manner, so that residential and commercial properties can be made available to the allottees as soon as possible. Sector-16 and Sector-26 will be developed in the first phase of this scheme.
- Eldeco City Bareilly: Developed by Eldeco Grop , Eldeco City Bareilly is a premium residential project located in the Nainital Road Areab. The project offers spacious villas, and plots, with world-class amenities such as a clubhouse, swimming pool, gym, and landscaped gardens , Central Park , Half Basket ball court etc .
Plot sizes like 103 sq yard , 130 sq yard , 164 sq yards . Villas in 200 sq yard .
- International City Bareilly : Developed by Competent Group Bareilly , International City Bareilly is a township project spread over 150 acres of land . The project offers luxurious villas , plots, and apartments, with amenities such as a shopping complex, clubhouse, swimming pool, and sports facilities .located in Shahjahanpur road area . 4 km from Satellite bus stand .
- ATS Jeevan Sukh : Developed by ATS Infrastructure Noida , ATS Jeevan Sukh is a premium residential project located in the Pilibhit Road area of Bareilly . The project has 3 phases , phase 1 & 2 are completely sold out . phase 1 had 177 double storey house in 80 sq yard . 3BHK + 3 Washroom + Balcony . approved by bda and rera . Phase 2 is plotted development , also sold out . size of plots are 105 sq yard . gated society in 7.5 acre totl 148 plots .
- Park Avenue : Developed by DG infra Group , Park Avenue is a premium residential project located in the Nainital Road area of Bareilly . one can reach here after crossing dohna toll plaza . The project offers 2 BHK apartments in 720 sq ft area . Also this society has duplex villas in 109 sq yard , 3BHK duplex independent houses .
- Aero City : Developed by Aero City Developers , Aero City is a residential project located in the Nainital Road Area . The project offers 3 BHK duplex house starting villa sizes 114 sq yard . This is also bda and rera approved project . Phase 2 coming soon . this property is adjoining The Grand Nirvana Hotel & Resort .
- Horizon Harmony – This high rise project is developed by Horizon Group Bareilly . it offers 2bhk and 3bhk flats . very close to pilibhit road . located on Executive Club Road , adjoining Rohilkhand Dental College , Bareilly International University . one can get flats in RESALE only . as the first sale is complete . People have take possession and started living there .
The real estate pricing in Bareilly city varies depending on the location, size, and amenities of the property. The average price of a 2 BHK apartment in the city is around Rs. 40 lakhs, while a 3 BHK apartment costs around Rs. 45-60 lakhs. The price of a villa in the city can range from Rs. 65 lakh to 2 Cr , depending on the location and amenities.
Overall, the real estate market in Bareilly is expected to continue to grow in the coming years, driven by the city’s economic growth, expanding infrastructure, and rising demand for housing and commercial spaces. However, market fluctuations and changes in government policies may affect the pace of growth.