Mathura Property

Mathura, one of the well-known cities of India, is situated 150 kilometers south of Delhi and 50 kilometers north of Agra. It was an economic hub during the ancient days, being situated at the junction of few main caravan routes. But, in modern times, the Mathura real estate market never provided lucrative investment opportunities to the local as well as foreign investors. However, off-late Mathura property rates have been growing because investors from Delhi, NCR and Agra, tired of playing in a saturated market, are currently looking at places like Mathura that can fetch high ROI.

Today, this city is located on the very important train and road routes in India. The Delhi-Agra highway passes through Mathura, providing a great connectivity to the city. The other significant thing about Mathura is that it houses a technologically advanced huge oil refinery that is owned by the Indian Oil Corporation. Another industrially important aspect of this city is that it owns a highly successful silver polishing industry. Furthermore, water tap factories and saree printing businesses are also flourishing here. It is also a famous tourist spot with lots of temples. Complementing these benefits, steady inflow of foreign investors has caused the Mathura real estate sector to experience a big boom.

It is not just the local folks who are interested in investing in Mathura properties, but also the tourists that have shown constant interest in buying properties here. So, it doesn’t come as a surprise that there is a big roar in Mathura real estate market has pushed up the rates like never before. The fact that natives and tourist are assured of no-loss is one main aspects that drives them to invest in Mathura properties. The excitement of owning or living in a world-famous city where residential townships, shopping malls, farm houses, resorts and commercial centers are sprawling is a dream for many individuals.

Property Developments in Mathura

Mathura real estate is flourishing in leaps and bounds with every passing day. The city has turned out into a hot spot for buying, selling and renting all types of properties right from commercial to residential. The offered basic amenities and well-organized infrastructure have contributed quite significantly to the development of real estate business in this city.

Good transportation systems, well-organized complexes, townships, SEZs, improved infrastructural setup are few of the other reasons for the rising rates in real estate market. The twin city of Mathura, Vrindavan, is also an ideal place to invest in properties.

Property Rates in Mathura

Presently, approximate property rate in Mathura is around Rs. 4000 per sq. ft. for apartments and Rs. 3000 per sq. ft. for residential plots. So, on an average, a 2 BHK apartment may cost somewhere around 75 lakhs.

If you are looking for office space, it may cost around Rs. 8000 per sq. ft. and commercial plots may be priced somewhere around Rs. 3000 per sq. ft. However, these rates may vary depending on specific locations.

‘Mathura to Gobardhan Road’ is a good place to invest, with lots of upcoming projects. A 960 sq. ft. 3 BHK apartment in this vicinity may cost around Rs. 17 lakhs. A 210 square-yard residential plot may need shelling out almost Rs. 13 lakhs.

2 BHK apartments in Vrindavan may cost in the range of Rs. 20 lakhs. Once again it’s about making smart choices and finding the best deal which may fetch you at least 50-60% appreciation over the next few years.

There are several famous builders and developers stepping their foot in Mathura to make the most out of the rising real estate profits in this place.

Mathura real estate experts have confirmed that the market has grown to great heights now and they also confirm that it will grow almost 40% in the next five years or so. Some of the famous developers are Shri Group, Karmyogi, Triveni Infrastructure Development Company (TIDCO), Suncity Projects, Prabhatam Buildwell, Tarang, and many more.

Shri Group, being the major player in the field, has come up with several successful projects like Shri Radha Puram Estate, Shri Radha Orchids, Shri Radha Brij Vasundhra, Shri Radha Farms, Shri Radha Golf, and the likes of them.

Since Delhi and NCR have reached the saturation point, there are many people who wish to invest in Mathura real market to get a bang for their buck.