Real Estate Trends In Ghaziabad

1. Real Estate Trends In Ghaziabad Often referred to as “The Gateway of Uttar Pradesh”, Ghaziabad came into the limelight for providing quality, affordable real estate options to both investors and the end-users. The city offers affordable luxury property options for the end users unable to find a property in other NCR regions and promise investors better returns in the least amount of time and money. The improving social, economic and physical infrastructure, along with the proximity to the parts of Uttar Pradesh, Delhi and Noida has acted as a strong base for the real estate development around the city so far. For the buyers planning to invest in Ghaziabad, here we have a brief overview of the real estate trends prevailing in the city that will help you to find the kind of property you want. Connectivity Going Strong The city is located at the prime location connected by many highways with several points like Noida, Faridabad, Delhi and Meerut. The connectivity within the city will grow when the three proposed metro links will start operating. The new metro lines that will join Noida City Centre to Indirapuram and Dilshad Garden to New Bus Stand (Ghaziabad) will boost the city connectivity with its neighborhood. Government Is Investing In Infrastructure Out of the large sum of 3,500 crores that government is planning to invest in Ghaziabad, 750 crores have been allotted for the infrastructural development of the city. The proposed projects of water treatment plants, rainwater harvesting along with intra- connectivity through Monorail, Metro and a web of roads will surely boost the real estate development in the city.

2. Price Increase Compared to the Q2 of the year 2014, the main areas of the city witnessed an appreciation in the prices in the Q2 of the year 2015. The values increased by 2% in Rajendra Nagar, 3% in Vasundhara, 3% in Abhay Khand, 1% in Shalimar Garden and 3% in Kaushambi despite the slowdown in the various area of Delhi/NCR. The city is emerging as the first choice for the mid-segment investors due to the increasing capital values. Trans-Hindon Localities Are The Top-Grossers Among all the prime localities of the city, the areas located near Hindon River have witnessed the highest infrastructural development and have emerged as the top-grosser in the year 2015. Localities like Indirapuram, Vasundhara and Vaishali topped the list due to their connectivity to NH 24 and metro. Top Property Locations in Ghaziabad Indirapuram Median Price- INR 4900/FT2 Ongoing Projects- 4 Ongoing Projects Most Affordable Projects- ATS Advantage Phase-2, Geotech Prestine Avenue, Angel Jupiter, World Residency Raj Nagar Extension Median Price- INR 3300/FT2 Ongoing Projects- 13 Most Affordable Projects- Charms Castle, Bankey Bihari Sharnam, Bluemoon Homes and River Heights Phase-2 Crossing Republik Median Price- INR 3550/FT2 Ongoing Projects- 3 Most Affordable Projects- Divyansh Fabio, Paramount Mapple and Arocon Golfville Vaishali Median Price- INR 5300/FT2 Ongoing Projects- 3 Most Affordable Projects- Rishabh Cloud 9, Colista Towers and MKS LA Royal Vasundhara Median Price- INR 5190/FT2 Ongoing Projects- 3 Most Affordable Projects- Gardenia Geetanjali, Ekdant Dronagiri and JNC Greenwoods

3. The top grosser of Delhi/NCR offers a myriad of property options for the buyers looking for property in different segments. If the development took place at the current pace, Ghaziabad will be listed among the top real estatedestinations in coming years. For more details; Call Us: 1800-123-4940 Visit Us: http://www.realestateindia.com/