The New Hotspot of Real Estate Investment is Ghaziabad

Ghaziabad is recognized as one of the fastest growing cities in the real estate world. The city lies ahead of a few famous 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. Five roads 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. Favorite highways, namely, NH-24 and NH-58, are the results of the tremendous 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 of 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 remarkable progress. They have launched not only residential and commercial projects but also the plots. The domestic and commercial properties in Ghaziabad 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 to experience a luxury living lifestyle. Each project has a different price range. Thus, people can book as per their budget and requirement.

Places in Ghaziabad viable for booking a property:

Crossing Republic, Indirapuram, NH-24, Raj Nagar Extension and NH-58 are the few locations that are preferred not only by the real estate developers, but also the investors. There are various advantages of these different areas. Raj Nagar Extension has contributed a lot to the realty development within this city. Some of the attractive features of the area are the 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 have 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 in Ghaziabad 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 include 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.

Rahul Kumar has an excellent Knowledge about investment in Indian Real Estate industry. He passionate about writing about Real Estate market and investment for more details you can check out his latest articles on http://www.buyproperty.com/articles.