Indirapuram, Ghaziabad – An Emerging Real Estate Destination in Delhi-NCR

Being the most-after area of Ghaziabad, Indirapuram has been the emerging real estate destination in Delhi NCR. Created just 15 years ago, the locality has witnessed an immense growth over the past few years.

Located strategically on the National Highway (NH 24), the area offers good connectivity to Delhi. And, these are some of the key reasons for the rapid growth.

Nowadays, the property buyers who are looking to buy flats in Delhi for property investment prefers Indirapuram as the best choice.

Indirapuram is divided into various sectors that include Nyay Khand, Ahinsa Khand, Vaibhav Khand and more. Further, Indirapuram is bounded by IP Extension in the west, Mirzapur in the East and Sector 63 in the south.

Connectivty Advantages With Ghaziabad Railway Station and Hazrat Nizamuddin railway station in close proximity, the people reside at Indirapuram can avail the advantage of connectivity. Also, the area enjoys the metro rail connectivity through Vaishali Metro Station.

Further, Indira Gandhi International Airport can be reached by 1 hour from Indirapuram. Some of the major road links that connect the prime locations of the area are Vijaya Laxmi Pandit Marg, NH 24 (Asian Highway 2), Pusta Road, Kaveri Marg and Mohan Nagar Link Road.

Further, the Uttar Pradesh State Road Transport Corporation – UPSRTC provides frequent buses in the area. The major bus stops in Indirapuram include DTC bus stop and Shanti Gopal Hospital. Infrastructure in Indirapuram Indirapuram enjoys the good social infrastructure facilities like educational institutions, malls, healthcare and entertainment centres.

With proper planning, the Ghaziabad Development Authority (GDA) has developed the locality with all the essential amenities and necessities like proper roads, power supply, sewage networks and open areas. However, some of the areas face power and water shortage at the time of peak summer. The residents face frequent traffic clogging during the peak hours. However, the proposed project for extending the metro line to Noida will be a great relief for the residents.

Real Estate in Indirapuram, Ghaziabad – An Overview Owing to rapid infrastructural developments and connectivity factors, Indirapuram have become the preferred real estate markets in Delhi NCR. Particularly, the mid-income groups prefer this locality for property buying, as the price ranges are affordable.

A home buyer can buy an apartment in Indirapuram, at an average price of Rs. 5700 per sqft and it depends on the amenities available in a residential project. The average rental rates for residential flats in Indirapuram is around Rs.15 psft per month.

In April 2015, the number of ready to move in flats in Indirapuram is close to 1000 residential units – mostly 3BHK and 2BHK apartments, followed by plots, individual houses and builder floors. The average price of luxury properties in Indirapuram are ranging between INR 11,000 – 12,000 psft on average. The average price of the residential plots in Indirapuram is Rs.6100 per sqft. The price varies depends on the location and close proximity to the prime areas.

On considering the proposed developments in the locality, the residential demand in Indirapuram will increase further at the time to come. Also, buying a property in Indirapuram, Ghaziabad will make the property investors to earn good returns in the future.@@@@@@@@@@@@@@@

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