Ghaziabad has become a more
promising destination after GDA and UP Awas Vikas, the municipal authorities
and private developers are making a concerted effort to improve the social and
physical infrastructure of the city. That's the reason why property prices have
appreciated in this city.
Related property in
noida Sikka
Kimantra greens
Ghaziabad real estate is
developing close to the two national highways, NH-24 and NH-58. These two
highways have changes the fortunes of the small town Ghaziabad into a city of
boom. Today talking of Properties in Ghaziabad, the only image that comes to
mind is of the construction sites of massive residential and commercial
projects near these highways.
Good groundwork and connectivity
to Delhi and other cities like Meerut, Noida, are two main reasons for this
spurt in Ghaziabad Property Prices. All these today make Ghaziabad one of the
fastest growing cities in India.
Another reason for the property
going bullish in Ghaziabad is the availability of economical options as
compared to Noida and Gurgaon's prices. Developers like Mahagun have launched
various projects in this area. Mahagun Mascot is one noteworthy project
ensconced among the lush greens of Crossing Republic- India's first global city
spread across more than 360 acres- and flanked with iconic towers. It also
offers a unique opportunity to enjoy the peace and tranquillity of the
surroundings, coupled with the pleasure of living in a world class environs at
a distance only of 19 kms from the Delhi border.
Property rates have also been
rising rapidly in the last six months as the new Metro line became functional
in the area. Properties in Ghaziabad market has strong demand-supply
equilibrium and attracts investors and buyers alike. The residential property
market also has a good luxury apartment supply by big national level
developers. Best Property in Ghaziabad is still affordable and already has a
sizeable population living in Vaishali and Indirapuram. The reason is facing some
land acquisition issues lately. But the authorities have taken it up on a
priority basis. Earlier, the GDA has given approval to fund one-third of the
Metro project till Loin.
The Vaishali Metro line is
already operational. More so, bus and auto services are also better in the
city. Some of the upcoming projects to improve the connectivity of the city are
the high-speed train and the FNG corridor. The city is also being done up with
series of flyovers and underpasses, which will ease pressure on existing
traffic.
Government departments are doing
well to check the basic issues in Ghaziabad, while private organizations are
showing good intent in supplying projects with high-end amenities like power
backup, 24x7 water supply, clubhouse and swimming pools. This is one more
reason why buyers with higher incomes flock to these high-end projects.