The Meerut Development Authority (MDA) has been instrumental in shaping the urban landscape of Meerut, offering a wide range of MDA approved plots in Meerut for residential and commercial purposes.
This comprehensive guide delves into the specifics of these plots, including their sizes, locations, and approximate costs, providing valuable insights for potential buyers and investors.
Table of Contents
Understanding MDA Approved Plots in Meerut
MDA approved plots in Meerut are land parcels that have been sanctioned by the Meerut Development Authority for development. These plots adhere to strict guidelines set by MDA, ensuring legal compliance, proper infrastructure, and planned development in line with the city’s master plan.
Key Benefits of MDA Approved Plots in Meerut
- Legal assurance and reduced risk of ownership disputes
- Access to planned infrastructure and amenities
- Potential for better appreciation in value
- Easier financing options from banks and financial institutions
- Part of Meerut’s long-term development plan
Detailed Overview of MDA Approved Plots in Meerut
Let’s explore some of the prominent areas offering MDA approved plots in Meerut, along with specific details about plot sizes and approximate costs:
1. Pallavpuram
Pallavpuram is one of the earliest developments by MDA, known for its well-planned layout and diverse plot options.
Plot Sizes and Costs:
- 100 sq ft: ₹3.5 – 4 Lakh
- 200 sq ft: ₹7 – 8 Lakh
- 500 sq ft: ₹17.5 – 20 Lakh
- 1000 sq ft: ₹35 – 40 Lakh
Key Features:
- Wide roads and ample green spaces
- Proximity to educational institutions
- Well-developed infrastructure
2. Shatabdi Nagar
Shatabdi Nagar is a premium location for MDA approved plots in Meerut, offering modern amenities and excellent connectivity.
Plot Sizes and Costs:
- 150 sq ft: ₹7.5 – 9 Lakh
- 300 sq ft: ₹15 – 18 Lakh
- 600 sq ft: ₹30 – 36 Lakh
- 1200 sq ft: ₹60 – 72 Lakh
Key Features:
- Modern infrastructure and planned commercial areas
- Excellent connectivity to other parts of the city
- Higher appreciation potential due to prime location
3. Vedvyas Puri
Vedvyas Puri is a newer development among MDA approved plots in Meerut, focusing on contemporary urban planning.
Plot Sizes and Costs:
- 120 sq ft: ₹4.8 – 5.5 Lakh
- 240 sq ft: ₹9.6 – 11 Lakh
- 480 sq ft: ₹19.2 – 22 Lakh
- 960 sq ft: ₹38.4 – 44 Lakh
Key Features:
- Emphasis on green living
- Planned commercial areas within the residential zone
- Proximity to the proposed CRPF facility, enhancing security
4. Lohia Nagar
Lohia Nagar offers affordable MDA approved plots in Meerut, catering primarily to middle-income groups.
Plot Sizes and Costs:
- 80 sq ft: ₹2.4 – 2.8 Lakh
- 160 sq ft: ₹4.8 – 5.6 Lakh
- 320 sq ft: ₹9.6 – 11.2 Lakh
- 640 sq ft: ₹19.2 – 22.4 Lakh
Key Features:
- Affordable housing options
- Well-planned civic amenities
- Easy access to public transportation
5. Ganga Nagar
Ganga Nagar is known for its scenic location and eco-friendly development approach.
Plot Sizes and Costs:
- 180 sq ft: ₹9 – 10.8 Lakh
- 360 sq ft: ₹18 – 21.6 Lakh
- 720 sq ft: ₹36 – 43.2 Lakh
- 1440 sq ft: ₹72 – 86.4 Lakh
Key Features:
- Riverside location offering scenic views
- Emphasis on eco-friendly development
- Mix of plot sizes to suit various budgets
6. Rakshapuram
Rakshapuram is known for its enhanced security features and proximity to key government installations.
Plot Sizes and Costs:
- 110 sq ft: ₹3.85 – 4.4 Lakh
- 220 sq ft: ₹7.7 – 8.8 Lakh
- 440 sq ft: ₹15.4 – 17.6 Lakh
- 880 sq ft: ₹30.8 – 35.2 Lakh
Key Features:
- Enhanced security measures
- Well-planned residential layouts
- Proximity to government facilities
7. Sports Goods Complex
The Sports Goods Complex offers a unique blend of residential and industrial development.
Plot Sizes and Costs:
- 200 sq ft: ₹8 – 9.6 Lakh
- 400 sq ft: ₹16 – 19.2 Lakh
- 800 sq ft: ₹32 – 38.4 Lakh
- 1600 sq ft: ₹64 – 76.8 Lakh
Key Features:
- Potential for work-live-play integrated communities
- Proximity to employment opportunities in the sports goods industry
- Mix of residential and commercial plots
8. Pandav Nagar
Pandav Nagar offers strategically located MDA approved plots in Meerut with easy access to the city center.
Plot Sizes and Costs:
- 130 sq ft: ₹5.2 – 6 Lakh
- 260 sq ft: ₹10.4 – 12 Lakh
- 520 sq ft: ₹20.8 – 24 Lakh
- 1040 sq ft: ₹41.6 – 48 Lakh
Key Features:
- Mix of residential and commercial plots
- Well-developed infrastructure including roads and drainage systems
- Strategic location with easy city center access
9. Shraddhapuri
Shraddhapuri focuses on affordable housing options and community-centric design.
Plot Sizes and Costs:
- 90 sq ft: ₹2.7 – 3.15 Lakh
- 180 sq ft: ₹5.4 – 6.3 Lakh
- 360 sq ft: ₹10.8 – 12.6 Lakh
- 720 sq ft: ₹21.6 – 25.2 Lakh
Key Features:
- Affordable housing options
- Community-centric design
- Provision for essential amenities like schools and healthcare facilities
10. Begum Bagh
Begum Bagh offers a unique blend of historical significance and modern development.
Plot Sizes and Costs:
- 140 sq ft: ₹7 – 8.4 Lakh
- 280 sq ft: ₹14 – 16.8 Lakh
- 560 sq ft: ₹28 – 33.6 Lakh
- 1120 sq ft: ₹56 – 67.2 Lakh
Key Features:
- Historical significance blended with modern development
- Carefully planned residential layouts
- Preservation of green spaces and heritage structures
Factors Affecting the Cost of MDA Approved Plots in Meerut
The prices of MDA approved plots in Meerut can vary based on several factors:
- Location: Plots in prime areas like Shatabdi Nagar or near major amenities command higher prices.
- Plot Size: Larger plots generally have a higher per square foot rate.
- Development Stage: Fully developed areas with complete infrastructure are priced higher.
- Amenities: Proximity to schools, hospitals, and commercial areas increases plot value.
- Connectivity: Plots with better road connectivity and public transport access are more expensive.
How to Choose the Right MDA Approved Plot in Meerut
When selecting among the various MDA approved plots in Meerut, consider the following factors:
- Budget: Determine your budget and choose a plot size and location accordingly.
- Future Development: Consider the potential for future appreciation based on upcoming projects in the area.
- Purpose: Decide whether you’re buying for personal use or investment, as this will influence your choice of location and size.
- Infrastructure: Evaluate the current and planned infrastructure in the area.
- Legal Verification: Ensure all necessary approvals and documents are in place.
Application Process for MDA Approved Plots in Meerut
To apply for MDA approved plots in Meerut, follow these steps:
- Check for Scheme Announcements: Monitor MDA’s official website and local newspapers for new scheme launches.
- Gather Required Documents: Typically, you’ll need proof of identity, address proof, and PAN card.
- Fill the Application Form: Complete the application form with accurate details.
- Submit the Application: Submit the form along with required documents and application fee.
- Await Allotment: MDA usually conducts a draw of lots for plot allotment.
- Complete the Payment: If allotted, complete the payment process as per MDA’s guidelines.
Future Prospects of MDA Approved Plots in Meerut
The value of MDA approved plots in Meerut is expected to appreciate due to several factors:
- The upcoming Delhi-Meerut Rapid Rail Transit System
- Expansion of industrial areas
- Improved connectivity with Delhi and other NCR cities
- Continued urban development and infrastructure improvements
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What is the minimum size of MDA approved plots in Meerut?
The minimum size varies depending on the scheme, but typically ranges from 50 to 200 square meters for residential plots.
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Can I sell my MDA approved plot before taking possession?
Generally, MDA requires plot owners to take possession and construct on the plot before selling. However, exceptions may be made on a case-by-case basis.
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Are there any restrictions on building design for MDA approved plots?
Yes, MDA has building bylaws that specify guidelines for construction, including floor area ratio (FAR), setbacks, and height restrictions.
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How long does it take to get possession of an MDA approved plot after allotment?
The possession timeline varies, but it typically takes 6-12 months after full payment and completion of all formalities.
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Can NRIs purchase MDA approved plots in Meerut?
Yes, NRIs can purchase MDA approved plots in Meerut, subject to RBI guidelines and Foreign Exchange Management Act (FEMA) regulations.
Conclusion
MDA approved plots in Meerut offer a diverse range of options for both homebuyers and investors. From affordable plots in areas like Lohia Nagar to premium offerings in Shatabdi Nagar, there’s something to suit every budget and requirement. The structured development approach of MDA ensures that these plots come with the assurance of legal compliance, planned infrastructure, and potential for future appreciation.
As Meerut continues to grow as a key satellite city in the National Capital Region, investing in MDA approved plots could prove to be a wise decision. However, it’s crucial to conduct thorough research, consider your specific needs and budget, and potentially consult with real estate experts before making a purchase.
We’d love to hear about your experiences or questions regarding MDA approved plots in Meerut. Have you invested in one, or are you considering it? What factors are most important to you when choosing a plot? Share your thoughts in the comments below and let’s continue this important conversation about Meerut’s urban development and real estate opportunities.