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According to the joint report by Naredco and Anarock, Ghaziabad, Noida and Greater Noida are the three different places in Uttar Pradesh that are coming up as the most decline in the overall unsold housing stock in two years. However, among three of them, Ghaziabad is the one that is high on demand when it comes to affordable housing hotspot.
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Ghaziabad: New Affordable Housing Hotspot In Delhi/NCR According to the joint report by Naredco and Anarock, Ghaziabad, Noida and Greater Noida are the three different places in Uttar Pradesh that are coming up as the most decline in the overall unsold housing stock in two years. However, among three of them, Ghaziabad is the one that is high on demand when it comes to affordable housing hotspot. The report named “Progressing Ahead in Real Estate and Addressing Challenges” mentioned that the combine unsold stock in these cities are declined by 26% from 1,31,150 units in Q3 2017 to around 97,270 units by Q3 2019 end. Ghaziabad have become successful in decreasing unsold stock because of developers deliberate restriction of new supply in oblige of ongoing project completion. The three cities of UP as mentioned earlier collectively launched a mere 1,610 units. The report additionally mentioned that Ghaziabad and Noida both saw 24 per cent in Q3 2019 against Q3 2017. According to the sources, Ghaziabad has come out to be New Affordable Flats in Ghaziabad hotspot. Real estate regulation and other beneficial measures by the government have made the market more answerable towards deliveries. This mainly reflects in the NCR market where along with a decline in launches, developers are attentive on completion of unsold inventory. Benefits of investing in Ghaziabad Financially very secure Financial security is crucial part in real estate investment. It is basic information that property such as lands and buildings, are considered as assets. So, when the property observes a value appreciation, the financial security of a buyer or investor would automatically go up. But it is important to do a complete research on the place surrounding the property before signing the contract. Increase your Income According to the location of Flats in NH 58 Ghaziabad, it might be very easy for you to earn an additional amount via rental income. To improve the same income further, people endow in more than one property for a constant cash flow for years to come. Therefore, for this factor alone, Ghaziabad is valuable for the investments.
Extract the most out of your investment It is obvious that land or real estate you invest in, encourages the value substantially over a wide period of time. So, the value of investments helps you in getting higher returns for many generations to come. Whether its budget properties or high-end, you can find 1BHK flat in Ghaziabad that suits every budget type. In future, Ghaziabad will be at par with the world class cities across the globe and this is the top reason to invest here.
