Ghaziabad city is said to be the dream location, whenever it comes to finding the residential properties. But, it seems that with a great network of connectivity and transportation, the city can offer you a lot than you can ever imagine. The widening of NH 24 to 14 lanes and the Delhi Metro extension are the major projects that will boost the property in Ghaziabad like a skyrocket.
A Sneak Peak into the Major Plans-
There are a number of infrastructure projects running in Ghaziabad today. But, the major ones are – the Red Line Delhi Metro extension from Dilshad Garden to New Bus Stand and the widening of 8-lane National Highway 24 into 14 lanes..
This 21 km stretch would be widened up till the UP gate and the stretch beyond that (i.e. between UP Gate and Dasna) would be developed into an eight-lane road. But, this is not the end. The succeeding phase of the Expressway will connect Dasna to Meerut via six-lane stretch.
Talking about the metro extension, this has certainly proved to be a good news for the Real Estate Developers In Ghaziabad. This is simply because the potential of real estate market will reach to its extreme flourishing limit, thereby giving a huge benefit to both the developers and buyers. The metro rail between Dilshad Garden & New Bus Stand is under construction and is expected to be completed by June 2018. Another plan highlights the extension of metro connectivity between Indirapuram and Noida Sector 62. This proposed link is expected to move over the elevated vehicular underpass on NH-24. Reports also say that the height of the Metro link will be 5.5 meters above the CISF crossing structure.
Ideal for Both Buyers and Developers-
As mentioned above, these projects are fruitful to both the property developers and buyers (living in or planning to purchase flats in Ghaziabad. The developers believe that once the widening of the highway and extension of metro link is completed, the business opportunities will start springing at every step or nook of this region. More and more customers would be attracted to buy 2, 3 or 4 BHK flats in Ghaziabad, making it a worthy deal for the developers. On the other hand, the buyers will have easy access to better housing solutions that offer a smooth connectivity to schools, metro stations, wide road networks and so on.
NH 24, Raj Nagar Extension and Hapur Road are the major areas that are expected to receive the maximum benefits, in terms of real estate investment growth. So, purchasing 3 Bhk Flats in Ghaziabad or building township projects here can definitely be a deal, not to miss. The social and physical infrastructure of the city is improving steadily, making contemporary living better for the common masses.