Bareilly: Plot Prices Reduced from ₹26,500 to ₹24,000 per sq m in Mahadevpuram Scheme

The Bareilly Development Authority has decided to reduce plot rates in the proposed Mahadevpuram residential scheme on Pilibhit Bypass Road from ₹26,500 to ₹24,000 per square metre, making home construction more affordable.
Bareilly: Plot Prices Reduced from ₹26,500 to ₹24,000 per sq m in Mahadevpuram Scheme

Bareilly, April 21: The decision is based on concessions received under the new casting guidelines, which allow reduction of additional charges from 15% to 10%.

Project Overview

  • Scheme name: Mahadevpuram (named after Lord Shiva)

  • Location: Pilibhit Bypass Road, Bareilly

  • Total area: 267 hectares

  • Land procurement: From 2,275 farmers

  • Land purchased so far: Over 80 hectares

  • Investment for development: Over ₹2,800 crore

Demand Survey

  • Applications received: Over 4,500 (at ₹26,500 per sq m)

  • New rate: ₹24,000 per sq m (reduction of ₹2,500 per sq m)

Comparison

  • Greater Bareilly scheme rate: ₹32,000 per sq m

  • Mahadevpuram new rate: ₹24,500 per sq m (₹7,500 lower than Greater Bareilly)

Amenities Planned

  • 40-metre wide roads

  • Schools and colleges

  • Hospitals

  • Sports stadium

  • Parks and malls

  • Other community facilities

Timeline

  • Plot allotment to begin: Within three months (for both Mahadevpuram and Industrial Township)

  • Land purchase for Industrial Township: To begin from Wednesday

Villages Where Land is Being Acquired

Khubchandrapur, Adupura, Ahiladpur, Barkapur Kumhra, Kalapur, Moharniya, Navadiya Kurmiyan, Harharpur