Ghaziabad is recognized as one of
the fastest growing cities in the real estate world. The city lies ahead of a
few popular cities like Munich and London. This fact might be a bit strange for
the people, but this development is because of proximity to Delhi. Also, there
are many amendments have been seen at the peripheral regions of the city. There
are 5 roads that are connected to NCR, this makes the city different from that
of any other town of NCR.
Development of Ghaziabad - An overview
In the early 1990s, there were a
very few housing projects within the location, but the current scenario is
reflecting a huge number of residential and commercial projects. The city is
located at just 19 kms from Delhi, thus enjoys a huge number of perks. Popular
highways, namely, NH-24 and NH-58, are the results of the huge contribution
made by commercial sectors of Ghaziabad. Over these national highways, real
estate development has also made a remarkable progress and offering affordable
properties to the investors. Thus, these two locations are at the high demand
of the people.
Apart from proximity to NCR, the
reputed real estate developers like Aditya builders, Bankey Bihari, KDP,
Mahagun, Saya, Shipra, Supertech, etc. have made a remarkable progress. They
have not only launched residential and commercial projects, but also the plots.
The residential and commercial projects are defining the state-of-the-art
infrastructure and world-class amenities. 2/3/4/5 BHk apartments can be booked
at the enviable location in order to experience a luxury living lifestyle. Each
project is having a different price range, thus, people can book as per their
budget and requirement.
Places in Ghaziabad viable for booking a property:
Crossing Republik, Indirapuram,
NH-24, Raj Nagar Extension and NH-58 are the few places that are preferred not
only by the real estate developers, but also the investors. There are various
advantages of these different locations. Raj Nagar Extension has contributed a
lot in the realty development within this city. Some of the attractive features
about the location are presence of Meerut Bypass six-lane highway, proximity to
Delhi, approachable from metro stations like Vaishali, Kaushambi and Dilshad
Garden.
It is also expected that the city
will be having Rapid Rail Transit System that will be connected with Anand
Vihar and will pass through some of the regions. Thus, the buyer will enjoy the
affordable property equipped with attractive features.
Real estate in Ghaziabad - The current scenario
There are a huge number of
builders that have either launched the projects or they are working on some
projects. Realizing the scope of property within the region, there are many
commercial projects as well that have been introduced. Thus, it is expected
that the residential property prices will get raised and the commercial
property will make a huge profit. A few examples of projects within the region
includes Aditya Urban Homes, Aditya Park Town Plots, Bankey Bihari Sharnam, KW
Srishti, Landcraft River Heights, Wave Royal Castle, etc. These all prevailing
regions are making the city a viable city for the investors as well as
realtors.