Transport corridors (highways) are the nodes of development and ensure good infrastructure and enhanced connectivity to the city in an effective manner. As good infrastructure plays a vital role in real estate growth, the importance of road transport is multiplied by manifolds. That is why maximum residential, commercial, hospitality, and retail projects are being developed along highways and other pivotal road networks. In Ghaziabad, NH-24 is such a perfect national highway where new residential options are flourishing due to proximity to the national capital Delhi, excellent connectivity to nearby areas, and incessant infrastructure developments.
NH 24 is a 438 km long stretch that connects Delhi to Lucknow. There, 21-km stretch of NH-24 from UP Gate to Dasna in the smart city Ghaziabad is vital for real estate development. This stretch is widely considered as one of the best affordable locations in Ghaziabad to purchase commercial and residential properties. Moreover, the Delhi Metro rail project will boost to connectivity to nearby areas. The real estate industry offers a well-planned infrastructure network and various residential construction projects to cater the growing demand of housing at an affordable price tag. National highways are a big driver to draw the attention of homebuyers.
“Places that were seen as ‘not-so-chic’ for the Delhiites in the early 2000, turned out to be the most sought-after residential hubs in the Delhi NCR. The extension of the Metro line to Vaishali at Arthala is a milestone and it will be a harbinger of yet greater development of this region. A multilateral flyover at Ghazipur Chowk, a flyover at Mohan Nagar Chowk that will connect to NH-58 and a link road connecting NH-58 to the residential zone at Raj Nagar Extension are some of the developments that are making these areas the preferred destination for home buyers,” says Ram Gopal Verma, the former town planner at DDA.
“Ghaziabad, the place with the maximum number of entry and exit points with Delhi, boasts of people from all classes that are adding to city’s fast growing real estate market. These places have become one of the choicest options for people working in Noida and Greater Noida,as they are close to some of the new sectors where many offices are situated,” says Rakesh Yadav, the managing director of Antriksh Group.
During the real estate boom, national as well as state highways across India have already witnessed considerable real estate development and promoted housing and industrial zones. Moreover, NH-24 in Ghaziabad is set to accelerate economic growth. The infrastructure developments along the national highway result in an increase in demand of housing and appreciation of property prices.
The stretch of the national highway along Ghaziabad is teemed with a lot of big projects for real estate construction. Golf Links by Landcraft Developers is one of them that will cater the residential needs of home buyers of all types.