apartments in agra

Agra, the city famous for its white-marble monument is also developing a modern lifestyle. For the comfortable rendering of the same, residential apartments in Agra are the biggest cornerstone. The city at a distance of 300km from Lucknow, the capital of Uttar Pradesh, is a decent place. With more industrial hubs, residents here are mainly into businesses. Thus, income prospects are fairly good, but COVID did bring income stagnation for a short time. Now, with life back to normal, demand for apartments in Agra is on the rise.

The affordable property prices in the city attract investors largely, thus here are things to remember about property purchases in Agra.

1. Locality

Located on the bank of River Yamuna, Agra is popular for the Taj Mahal, and royal handicrafts like carpets. Thus, the ownership of an immovable asset near the marketplace is ideal. With high tourist tread, demand for accommodation for staycation reaps high monetary value.

Thus, explore city's busiest junctions to find the best luxury residential Property in Agra.

2. Stamp Duty

In the past couple of years, the city has gained momentum in property purchases and the RERA authority's registration records say it all. However, the buying of non-liquid valuables in the city, asks for stamp duty value. It varies according to different scenarios.

The stamp duty value stands at 6% for individual and joint female owners. The value ascends to 6.5% if the property has a male and female co-owner. A stamp duty stands at 7% for individual and joint male ownership.

3. Connectivity

The city has robust connectivity from Delhi and Lucknow. The metro rail and rapid rail projects enhance demand for apartments in Agra. The 6-lane Yamuna Expressway connects Delhi, the national capital with Agra in just 4-hrs. Thus, investors find the city a perfect investment destination.

What Makes Agra a Safe Investment Destination?

The presence of the RERA body makes Agra a safe investment destination for investors. Real Estate Regulatory Authority (RERA), monitors the property market. The obligation for developers to register their apartments with the authority lowers fraudulent sell of immovable assets. Thus, your hard-earned money is safe and is ready to get amplified in the future.

How to choose right Apartments in Agra for Investment?

The decision to put money into a property needs evaluation of numerous factors. Here we list a few of them to guide you in investing righteously.

1. Feature Checklist

Each property buyer has distinct requirements. Thus, prepare a checklist of features and amenities you expect the property to have.

2. Security

Check if the property with luxury apartments in Agra has police patrolling and other security provisions.

3. Civic Amenities

Don't decide in haste, visit the property to check if civic amenities are properly functional in the vicinity or not.

4. Social Wellness

It is pivotal to have social wellness as one can't just be caged inside a home 24x7. Hence, check if the area with luxury apartments in Agra has parks or green zones.

5. Neighbourhood

Neighbourhood doesn't mean the one who resides next to your apartment. It means the areas that border the premises. Check if it has disciplined and a secure lifestyle, as a wrong neighbourhood devalues an immovable asset.

Keep these pointers in mind, before finalizing the purchase deal for apartments in Agra.