Why Vaishali And Vasundhra Are Ghaziabad’s Sought After Localities

Ghaziabad is considered to be one of the most affordable property destinations in the Delhi National Capital Region. It is well connected to Delhi, Noida and Gurgaon. It is the ideal place for those who are working out of these areas but are unable to purchase properties there due to sky high property rates.

There are many localities here which have caught the fancy of buyers. Areas like Indirapuram, Vaishali, Vasundhra and Kaushmbi are quickly becoming sought after localities in Delhi NCR. Here is a closer look at the micro markets of Vaishali and Vasundhra which have done well here.

Vaishali

Vaishali is considered to be one of the up market residential areas in Ghaziabad. The area is well connected to Delhi and Noida. National Highway 24 passes through this locality. Another factor in its favour is the metro station present there. The Vaishali Metro is a part of the Blue Line of the Delhi Metro.

This station serves those who are living in Vaishali, Indirapuram, and Vasundhara. The property values here have gone up because of the metro station. Any area which has metro connectivity sees an appreciation of anywhere between 20 to 20 percent over time. This is true of properties in Vaishali as well.

There are plenty of choices available to choose from in this micro market. Even if you aren’t looking to purchase a property here there are plenty of apartments for rent in Vaishali. The going rate for properties here falls between INR 6100 and INR 6300 per square feet here. Buyers are willing to spend anywhere between INR 4501 to 5000 per square feet on properties in Vaishali. This is followed by the INR 4001 to 4500 per square feet range. The most preferred budget for apartments here falls between INR 30 to 40 lakhs. This is followed by the INR 50 to 60 lakhs range. The most preferred unit size for apartments here falls between 751 to 1000 square feet.

This is followed by the 1001 to 1250 square feet range. 2 BHKs are the most preferred configuration for apartments here. This is followed by the 1 BHKs. Apartments for rent in Vaishali are good investment options. The rental rates here have been appreciating steadily here.

Vasundhra

Vasundhra is another locality which sought after in Ghaziabad. The area is well connected to Delhi. As far as apartments in Vasundhra go 2 BHKs are the most preferred. This is followed by 1 BHKs. The most preferred budget for properties here falls between INR 30 to 40 lakhs. This is followed by the INR 10 to 20 lakhs range. The most preferred unit size for apartments in Vasundhra falls between 751 to 1000 square feet. This is followed by the less than 500 square feet range.

So there is a marked preference for smaller size units in this locality. Buyers are willing to spend less than INR 2000 per square feet on properties here. This is followed by the INR 3501 to 4000 square feet range. @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @ @@page