Ghaziabad properties are always a favourite investment destination for investors because of its excellent connectivity to Delhi and infrastructure developments. Moreover, the development of the Delhi Metro rail project is like icing on the cake to the connectivity and makes it a hot realty market.
Because of the good connectivity and commercialisation, the residential segment in the city is flourishing. Well planned luxury residential units are coming up in the city and the areas attached to NH-24 and NH-58. It will not be wrong to say that these two national highways are major players that have turned the dusty city in a lucrative real estate market. So, it won’t be wrong to say that properties in Ghaziabad are thriving along the national highways.
Earlier, in the year 2000, the properties in Ghaziabad were not considered to be a potential investment destination. But currently, Ghaziabad is one among the most sought residential unit in Delhi NCR.
With the development of the city, its close areas and suburbs such as Vaishali, Indirapuram, Kaushambi and Vasundhara have also developed. Besides the Metro rail link, several flyovers are being constructed to connect the national highways and residential units which in turn will propel the realty market of Ghaziabad.
The good connectivity with Delhi now makes Ghaziabad a highly preferred residential destination. People from all classes are now searching for flats in Ghaziabad either to relocate or settle in the city. This city has now become the choicest option for individuals who work in Delhi and NCR.
Developers are also coming up with unique and standard luxury residential units to meet the demand of housing. Major realty players such as Raj Nagar Extension, Amrapali Village, Krish Vatika Group, Genesis Sky-Eon, Earth Iconic and more have already made their presence in Delhi NCR and offering luxury flats at highly competitive rates.
The coming up of residential units will see a rise in demand for Ghaziabad flats. According to reports, in the coming years, owning a Ghaziabad property will be a distant dream and there will be most sought address. With Noida city at proximity, the working class are already booking for flats in Ghaziabad because staying in this city save considerable travel time.
To make Ghaziabad a premium realty market, state government is also coming up with development plans and promoting industrialization in the areas along the national highways. The properties in Ghaziabad that falls along the stretch of the NH is expected to grab maximum attention with the coming up of mega projects.