Saya Homes: Indirapuram is the new residential hub

Author: Saya Homes
Uttar Pradesh (UP) has always been associated with lawlessness and disorder. It is a state that is characterized by a high crime rate and low literacy rate. One of the most backward states of the country, UP has never been a prime target for investors in real estate.

But a lot changed with the phenomenal growth of Noida. It not all attracted corporate and industrial houses to set base, it also transformed into a highly lucrative destination in the market for residential projects. Even as Noida continued to grow and prosper, its next door neighbor, Ghaziabad still struggled to come out of the perception that plagued the cities within the confines of UP. Major real estate developers did not want to invest in the region and customers did not feel it was worth their time and money.

The gloom and despair that engulfed the Ghaziabad real estate market was evaporated with the advent of Indirapuram. Today, it is one of the hottest property beds in Delhi NCR and is giving phenomenal returns to investors. Big developers like Saya Homes have upcoming projects in the area that include luxury apartments in Indirapuram and properties in variants like 2,3,4 bhk apartments.

Indirapuram borders the capital city of Delhi and saw a slow but constant rise. While, Ghaziabad was known for its low property rates and regular apartments, Indirapuram can rival the luxury properties of Noida. Though, what makes it an intelligent investment option are the prices and rate of property appreciation. Unlike Noida, which has been on the market for long as a sought after destination and has already scaled enormous heights in terms of price escalation, Indirapuram is still growing. This makes flats in Indirapuram cheaper than Noida, even though they are of the same scale and magnitude.

The case is similar to that of new product being launched in the market. A new brand in the market gives various offers and discounts to attract customers to its counter. Once the brand gets noticed, then the success depends on the quality. Similarly, properties in Indirapuram and NH 24 Ghaziabad are trying to attract customers to its doors. Thus, for the time being rates in Indirapuram are less than Noida. Thus, it makes investment in residential projects in Indirapurm a highly profitable option.

Though, the question that concerns all customers while trying new products is why? People are happy with a routine, they use a certain perfume and like its fragrance, so why go for a new one? Why trust something they don’t know. This case of trust becomes even more significant when large sums of money are involved. This tension can be easily evaporated when a familiar face is seen in an unknown setting. Indirapuram may have been a risky bet but, if a reputed developer like Saya Homes is building a project there, it becomes easy for people to take the decision.

Saya Homes has been able to provide luxury at an affordable price in Indirapuram, a market that was oblivious to the concept. As Saya Homes introduces various upcoming projects in the area, the growth of the real estate market here is but certain.