If you are looking to invest in real estate or purchase a plot for personal use near Delhi, Ailigarh offers an exceptional opportunity. The Aligarh Development Authority is hosting a Mega E-Auction that commenced on February 19 and will continue until March 4. This auction allows you to buy plots online, making it an enticing option for both investors and homebuyers alike.
What the Aligarh Development Authority Offers
The Mega E-Auction includes a total of 245 regular plots and 12 multipurpose plots. The online auction is specifically designed to attract investors from major cities like Delhi and Lucknow to Aligarh, promoting business growth in the region. You can bid for various types of properties, including plots suitable for dhabas (roadside eateries), nursing homes, banks/ATMs, offices, community facilities, and service stations.
Growing Investment in Aligarh
Aligarh is only 120 kilometers from the capital city, Delhi, where real estate prices are significantly higher. This makes Aligarh an attractive option for those looking to invest in properties at affordable rates. The improved connectivity means that travel to and from Delhi will take no more than two hours, making it convenient for commuters. The development plan is well-connected with Ghaziabad to Aligarh via Route 22A, Aligarh-Bulandshahr, and the main highway NH-91. This creates excellent trade and transportation opportunities, with a robust road network, international-level truck terminals, modern commercial centers, and a plethora of amenities available. Investors can leverage this golden opportunity for industrial and business expansion.
Plot Prices in the E-Auction
The auction features highly competitive pricing for various plot sizes, making it accessible for a wide range of budgets. Below is a detailed breakdown of the reserved prices for different plot sizes:
| Plot Size (Square Meters) | Reserved Price (INR) |
|---|---|
| 1250 | 20,00,000 |
| 1000 | 16,00,000 |
| 600 | 9,30,000 |
| 375 | 6,00,000 |
| 162 | 2,59,200 |
| 128 | 2,04,800 |
| 112.5 | 1,80,000 |
In conclusion, the ongoing Mega E-Auction by the Aligarh Development Authority presents a unique opportunity for both personal buyers and investors to obtain plots at competitive prices. With favorable pricing, strategic location, and a robust infrastructure plan, Aligarh could soon become a hotspot for real estate investment.