The historical city of Panipat is located 90 km from Delhi on Sher Shah Suri Marg and is often touted as "City of Weaver". It has made a mark improvement in International Market for Handloom Production.

Ushering in the mall culture with set up of one of the five shopping arcades, Panipat continues to grab the attention of prospective investors. Panipat holds a distinctive distinction as petrochemical hub. But there has been an ongoing process of developing it into a hi-tech city, which has inspired many real estate developers to invest in Panipat real estate.

Panipat has witnessed high growth in real estate sector during the last few years with the number of construction projects coming along its way. The upcoming residential properties including apartments, bungalows, villas and condominiums will have additional facilities which are certainly very difficult to scout in an individual plot. This includes swimming pools, gymnasium, club facilities, etc. The demand for residential plots of land is going through the roof in elite part of the city.

Staying in step with the development of residential projects in Panipat, commercial market is no behind and riding the growth wave. This city of textiles and carpets is also fast developing into a hub for commercial real estate. This would not only host the big shopping avenues featuring world class brands, but would also get an entertainment source with the opening of multiplexes.

With the Mittal Mega Mall, first shopping cum entertainment venue, world class brands, top notch services, and known names in the world of food chain and clothing are just standing on the threshold of the city. Spread over the area of 2 lakhs sq ft., this extravaganza would cater to the demanding needs of upper and upper middle class which used to come to Delhi. Besides Mittal Mega Mall, DAP Angel Prime Mall and Reliance's retail hyper mall, Raheja Expo Mall, Saraf Mall and Fun City Mall are also expected to spread their wings to Panipat. Reliance has also picked Panipat as the favored city to launch its retail hyper stores in Haryana.

There is a proposal to construct an "Industrial Park" in and around Panipat for adding to the pace of down stream industries' development. Moreover, there would be high class environment for the citizens with amenities like fully developed roads, drains, sewerage, street lights, electricity, common effluent treatment plant, fire fighting station, commercial and housing facilities including development of social infrastructure like schooling, hospitals, parks etc.

Realty boom in Panipat is being complimented by increasing influx of funds. As more and more investors are foraying into the city, industry soothsayers are confident about their prediction regarding Panipat to emerge as the next Gurgaon soon. In view of all the upcoming developments, it would not be incorrect to say that a dazzling tomorrow is waiting for opportunities in Panipat real estate.

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