Property price, property location, living amenities, physical infrastructure, security, and improved quality of life are some of the prime factors that attract home buyers to put their money in properties that ensure all these benefits. Ghaziabad has always been seen as a dark horse that attracts home buyers when property prices in Delhi, Noida, and Gurgaon are touching sky. Now, the new tag of smart city puts Ghaziabad ahead of expensive property markets near Delhi NCR.
With hundreds of existing as well as upcoming residential clusters in and around prime locations, Ghaziabad catches the home buyers’ eye as it has everything that makes home buyers feel comfortable for affordable property investment. Rapid urbanization, closeness to Delhi, consistent demographic growth, increasing disposable income levels, and a soaring demand for affordable housing indicate that Ghaziabad real estate sector has come of age and offers sensible property investment opportunities.
From flyovers to world-class recreational options, from educational institutes to shopping malls, from affordable housing units to improved physical infrastructure, the city has become a hub for affordable property market. Moreover, Ghaziabad property market promised home buyers and property investors fetch better high profits in terms of value appreciation in just a time frame of 3-5 years.
- Smart city tag, fast metro connectivity, upcoming infra projects.
- Multiple connectivity points; elevated road from UP Gate to Raj Nagar Extension.
- Widening of NH 24 to NH 58 and state road linking plans.
- Huge investment from the state government for infrastructure development.
- Water treatment plant and rainwater harvesting projects.
- Affordable property options for less than 40 lakhs.
“Ghaziabad has always been an industrial centre that employs a large workforce at various levels. People migrate from nearby areas to find work in the city, which is on its way of becoming an IT and BPO destination. With the entry of multinational giants like ITC and Coca Cola, the potential of Ghaziabad, as a commercial hub, has increased manifold. Along with this, professionals raise the demand for housing facilities, affordable and luxurious, boosting developments for residential purposes. And, then, as prevalent in the country, the trend takes on to retail segment with need for some entertainment units for the residents. And, with the setting up of shopping malls, multiplexes and other sources of recreation, there has been a boom in the overall development of Ghaziabad real estate.
NH 24, NH-58, Raj Nagar Extension, expressway and link roads are being developed as new property destinations where investors can expect affordable prices for their choice housing options. That is why Ghaziabad has geared up to cater the growing the need of home buyers looking for affordable housing in the new smart city: Ghaziabad.