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Namo Bharat corridor sparks real estate surge in Meerut

after close1 source ↓written by the desknot a recommendation

inauguration
82-km Delhi-Ghaziabad-Meerut Namo Bharat corridor
is driving
22 Feb 2024
over two years
30-67%
nearly doubling
₹12,000-20,000 per sq yard

The upcoming inauguration of the 82-km Delhi-Ghaziabad-Meerut Namo Bharat corridor on 22 Feb 2024 is driving a property boom. Values near stations have surged 30-67% over two years, with land rates in Meerut nearly doubling to ₹12,000-20,000 per sq yard. Developers like Paras Buildtech and Alpha Corp are launching new projects, reflecting a broader trend in urban mobility enhancing real estate values.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Feb 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PARAS closed −1.0% on the day of the news, from ₹639.60 to ₹633.30; Nifty +0.8% over the same session.

Bulletin at 16:05 IST on 15 Feb 2026. Every change is measured from ₹639.60, the last close before it, on 13 Feb. Nifty 50 is measured over the same sessions.

  • PARAS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
PARAS closes around the bulletin against the close before the news, with Nifty 50 rebased to it512.45639.60766.75axis spans 50%before the news · 13 Feb639.60Nifty 50PARASbulletinD0+1+3+59 Feb19 Feb2 MarReference close ₹639.60. 16 sessions from 9 Feb to 2 Mar; the price axis spans 50 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before13 Feb₹639.60basebase
On the day16 Feb₹633.30▼ −1.0%▲ +0.8%−1.8 pp difference
+1 session17 Feb₹640.35▲ +0.1%▲ +1.0%−0.9 pp difference
+3 sessions19 Feb₹630.25▼ −1.5%▼ −0.1%−1.4 pp difference
+5 sessions23 Feb₹637.40▼ −0.3%▲ +0.9%−1.3 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.58 on 16 Feb
Day's range, % · ₹
1.2%≈ 7.7 high to low
Volume on the day
0.27×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · PARAS on the desk →

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