Are you planning to invest in Ghaziabad?

Ghaziabad, one of the prominent realty destinations on the NCR realty market is seeing several infrastructure developments. The locality is known as one of the important industrial hubs of the country.

The city is a developed hi-tech city with a good physical and social infrastructure. This has made the locality an important realty destination. The locality is planned and developed as an industrial city. The city is also known for the reasonable property prices. The property prices of the prime localities like Delhi, Gurgaon and Noida have gone to unrealistic state. The prices are not for the property buyers of the affordable segment and the mid-segment group. The Ghaziabad market serves the needs of such income group people.

The Ghaziabad realty market is the next destination for the home buyers who falls in the affordable and mid-segment group. The real estate market of Ghaziabad is very active and many developers have their projects on the important localities such as Hapur Road, NH-58, NH-57, NH-24, etc. Another one big advantage of Ghaziabad is its location, the proximity of the area to the country’s capital Delhi is also pushing the realty growth of the area. The properties in Ghaziabad are affordable and is also worth an investment.

Micro markets such as NH-58, NH-24, Raj Nagar Extension and Sahibabad are the markets, which are going to drive the sales of the real estate market. The recent projects launched in Ghaziabad belong to the upper-mid and premium segment. If you are looking for apartments in Ghaziabad with luxury features, you can look at these projects as the prices are reasonable.

Affordability is a key factor driving the realty market in the area. Ghaziabad properties are expected to see appreciation in a long term. Flats in Ghaziabad are available in different unit sizes like 1 BHK, 2 BHK and 3 BHK. There are several other projects available for buy and investment like plots, villas and apartments with beautiful green surroundings in the prime locations of the city. The gated communities are a good option for a home buyer as these are developed with good amenities for a comfortable living.

The market has properties for all segment groups. The investors have several options to invest in the properties and projects of varied budgets range. For investors, knowledge on the infrastructure development of the locality is an important factor to be analyzed. In the realty growth, the presence of good infrastructure plays a prime role.

In that case, Ghaziabad has a few infrastructure projects in different phases of development. One of the prime projects is the second phase of the metro line from Dilshad Garden to Ghaziabad new bus stand. Another phase from Sector 62 Noida to Indirapuram CISF Road is also under DPR preparation. These projects on implementation will boost the realty growth of the localities along the stretch.

Few other major road projects like elevated Road from UP Gate to Raj Nagar Extension, widening of Meerut road, etc. will boost the realty scenario of the areas around. Many developers are planning to launch the affordable projects in Ghaziabad. If you are a buyer or an investor, you can look at the various projects and consider making the decision based on the location and the developments.