The city of Bareilly is witnessing a remarkable transformation in its real
estate sector, and this change is most evident in the emergence of Greater Bareilly. With its focus
on planned urban development, the Bareilly Development Authority (BDA) is
gearing up for the launch of Sector 1B, following the resounding success of
Sector 2A. This exciting development presents a prime opportunity for
individuals looking to invest in the burgeoning real estate market of Greater
Bareilly. In this article, we will delve into the key details of Sector 1B,
including important dates, pricing, and where to obtain registration forms.
BDA’s Success in Sector 2A
Before we explore Sector 1B, let’s take a moment to appreciate the success
story of Sector 2A. The BDA’s strategic planning and execution have turned this
sector into a thriving residential hub, attracting both residents and investors
alike. The meticulously planned infrastructure, green spaces, and modern
amenities have made Sector 2A a desirable location for homebuyers. It’s this
success that has spurred the launch of Sector 1B, offering more opportunities
for those seeking to invest in Bareilly’s future.
Key Dates and Registration Details
BDA has officially announced the registration dates for Sector 1B. Registration will open on 6th November and run until 5th December. This window provides interested parties with a month to complete the registration process. To secure your place in this promising sector, it’s essential to act promptly during this period.
Registration forms will be available at the HDFC Bank Civil Lines branch in Bareilly. The bank’s convenient location will make it easier for prospective investors to obtain the necessary forms and get started on the registration process.
Pricing Structure
The pricing structure for Sector 1B in Greater Bareilly is as follows:
- Base Price: ₹30,000 per square meter – This forms the foundation of the cost of your plot. The size of the plot you choose will directly influence this component of the price.
- Freehold Charges: An additional 12% of the base price will be applicable as freehold charges. This cost is essential for securing complete ownership and rights to the property, giving you peace of mind and financial security.
The pricing is competitive and reflects the promising future of real estate in Greater Bareilly. As the city continues to grow and develop, your investment in Sector 1B is likely to appreciate in value.
Conclusion
Greater Bareilly is quickly becoming a focal point for real estate investments, thanks to the Bareilly Development Authority’s vision for planned urban development. Following the remarkable success of Sector 2A, Sector 1B presents an incredible opportunity for individuals looking to invest in the future of this dynamic city.
With registration commencing from 6th November to 5th December and forms available at the HDFC Bank Civil Lines branch, now is the time to take action. The pricing structure of ₹30,000 per square meter plus 12% freehold charges is competitive and promises a lucrative return on investment as Greater Bareilly continues to evolve. Don’t miss this opportunity to be a part of the city’s growth and secure your future in Sector 1B. Act quickly and get ready to be a part of the next success story in Greater Bareilly’s real estate landscape.