Why you should consider investing in Ghaziabad

The Delhi National Capital Region has seen more ups than downs as far as real estate is concerned. The capital of India is not a place that just anyone can afford to live in. Even the most affordable micro markets here capture the attention of the well to do as property rates have skyrocketed here. Cities such as Noida and Gurgaon were developed with the intention of making room for the ever growing demand for homes in the capital. But even these cities have reached a saturation point and the prices here have also gone beyond the reach of the common man.

The saturation and the over pricing of the micro markets in the National Capital Region has led to stagnation of realty growth. And it has also forced end users, investors and the developers to start looking beyond the established markets. And it is these markets which are exhibiting signs of growth and are becoming popular among property seekers. Housing options in these cities are cheap when compared to the established markets and are preferred by those who cannot afford to live in the established markets.

Ghaziabad is one such market which has captured the attention of those looking for homes in Delhi NCR. The sub-city is located at about 20 km from Delhi. It is also known as the "Gateway to Uttar Pradesh" and not without reason. Connectivity is one of its strong points. Two National Highways pass through this market. If you own a property in Ghaziabad located along either of these highways you should considered yourself lucky. And if you are one those who is looking to buy into the market, then micro markets here which are located along these two connectors is the first place you need to head towards.

Additionally there is also improvements being made towards making this sub-city better connected to the rest of the National Capital Region. Metro connectivity is being given a real solid push here. A Delhi Metro Line has been extended from Dilshad Garden to New Bus Stand. There is also the presence of a metro station Vaishali. Additionally the state government has allocated about INR 750 crores towards the improvement of infrastructure here. If the infrastructure here improves, it will have a good impact on the realty scenario of the city. Prices for residential options such as plots and studio apartments in Ghaziabad will start appreciating.

Another reason why buyers seem to gravitate towards residential options such as flats and studio apartments in Ghaziabad is because of the affordability factor. One can easily purchase a property in Ghaziabad between IN 2000 to 3500 per square feet. With the exception of Faridabad, the rates for homes are the most affordable in all of Delhi NCR.

The market is also being turned into a green zone. Significant efforts are being to improve the pollution situation in the city. Areas such as Indirapuram, Vaishali, Raj Nagar Extension, and Crossings Republik are some of the more popular micro markets present here.

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