May 13, 2014

Invest in Ghaziabad, don’t think twice or thrice

Gone are the days, when people used to think twice or thrice before investing in Ghaziabad real estate market. In a very short span of time, property demand has escalated in the city. Real estate boom in the Ghaziabad has attracted huge investments from both residential as well as commercial sectors, over the years. Nowadays, people are taking it as their prime choice for the property investment as compared to other regions in its proximity like Noida, Meerut, and Delhi.

Invest in Ghaziabad

Excellent infrastructural development, good connectivity with major places, and world-class educational facilities have played vital role as attributing factors in the tremendous growth of residential and commercial property market in the city. In addition to them, affordability is one of the key drivers behind constant rising demand of properties in this region. When compare to Gurgaon, Noida, and Delhi; buying an apartment or flat costs cheaper in Ghaziabad.

According to real estate industry experts, Ghaziabad realty market is among the most profitable property investment destinations in the NCR region. It is only the potential market, where maximum return is possible on minimum investment. The key reason is that, Ghaziabad is developing in all aspects, be it infrastructure, commercial and educational facilities, or transportation facilities. Several industrial giants and residential development companies are supposed to kick off their projects in the coming years. Many industry players are likely to break through in the city generating employment opportunities and quality educational facilities thus increasing demand for affordable housing.

Infrastructure & Transportation

property demandSince, the connectivity and transportation facilities are especially taken into account before investing in a property; Ghaziabad doesn’t leg behind at all. There are two national highways – NH 58 and NH 24 that connect the city with major locations across NCR. From the real estate investment perspective, these two stretches draw attention of several realty investors. Both the national highways are witnessing a lot of development and thus attracting massive potential investment. Apart from it, Ghaziabad Development Authority (GDA) is taking initiatives for the infrastructural development. Indirapuram is one of the sound examples of infrastructural development by GDA. Today, Indirapuram is among the most sought after and highly expensive realty investment hubs in Ghaziabad.

Metro Connectivity

Metro rail connectivity from Delhi to Vaishali has stimulated property demand in the entire region to a great extent. Resultant, the close areas - Kaushambi, Vaishali, Vasundhra, and Indirapura have witnessed a lot of real estate development. Indirapuram is the one among them, which has emerged as the costliest destination. On the contrary, investors scouting out affordable housing to yield huge return on minimum investment have Raj Nagar Extension and Crossings Republik as the best options. The overall analysis of Ghaziabad real estate market reveals, if one is planning to invest in Ghaziabad; there is no need to think twice of thrice. It is the lucrative property investment destination, which has made its remarkable position in the world map as hotspot of real estate business.