There are a small number of local developers that have active projects in Baghpat. The bigger real estate developers are still awaiting a more positive market sentiment before starting their projects in the region. As part of Delhi NCR, the opinion is largely divided on Baghpat. While some believe the area will witness growth only after Gugaon, Sohna and Indirapurm areas fulfill their potential. Also experts feel that good connectivity to the national capital and low real estate process offer Baghpat a tremendous advantage. Most big developers are adopting a wait and watch approach. The township built by Mahavir Hanuman group along with National Building Construction Corporation (NBCC) is a good option.
The real estate segment of Baghpat has been dormant from a long time but things have started changing slowly. With property prices touching the roof in other areas of the national capital region (NCR), Baghpat is attracting developers to offer affordable housing. Up Awas Vikas Nigam has recently started construction work under the Kanshi Ram Awas Vikas Yojna while Mahavir Hanuman group has finished its 100 acre township offering more than 10,000 apartments.
Prices may remain sluggish in the next five years with only slight increment. Baghpat is a long term investment destination and once the civic infrastructure and government policies start to promote the region, the real potential of the region can be unlocked.