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Situated to 19 km east of Delhi, Ghaziabad has become a decongestion option for Delhiites in the last decade. When compared with the national capital, Gurgaon, and Noida, the city comes out with better affordable options. Now, the city will witness a growth in the realty sector and the prices of properties in Ghaziabad as it boasts of several infrastructure and industrial projects. Following are some of the key drivers of real estate market in Ghaziabad.
- FNG Expressway
- Eastern Freight Corridor
- Metro extension
- Northern Peripheral Road (NPR)
- Hindon elevated road
- Meerut-Muzaffarnagar industrial area
- Dadri-Noida-Ghaziabad investment region
The Faridabad-Noida-Ghaziabad (FNG) Expressway connects Ghaziabad to Noida. Now, Metro goes to Ghaziabad with proposed Metro links from Noida Sector 62 extension to Indirapuram to Vaishali, from Dilshad Garden to New Bus Stand, and from Yamuna Vihar to Loni. Interestingly, the Eastern Freight Corridor passes through Ghaziabad. Dadri-Noida-Ghaziabad industrial zone has been identified as in investment region. With road projects such as, NPR, Hindon Elevated Road and widening of NH-24 (UP Gate to Dasna), a major push to the realty sector in the city is highly expected. The city already has an improving social and physical infrastructure that makes urban living better.
NH -24: With Metro extension, FNG Expressway, Eastern Freight Corridor, Metro extension, and Dadri-Noida-Ghaziabad investment, property in NH 24 Ghaziabad, will give a new meaning to the growth of real estate investment.
Raj Nagar Extension: With Metro extension, Hindon elevated road, and Meerut-Muzaffarnagar industrial area, real estate projects in Raj Nagar Extension will get maximum benefits.
Hapur road: Widening of NH-24 will give a push to real estate market in this area.
