Understanding the exact position of the market is very important in order to make the right investment decision. Hence, if you are planning to invest in a property in Ghaziabad in NH 24, you must get an overview of the market, first.
But before you get started, you must understand the fact that there are thousands of properties available in NH 24; some are located on the main highway, while others are located at different interior regions of the location.
So, the price and value of the property vary accordingly.
Here’s a quick glance on the important price trends of both types of properties in NH 24 –
Basis Of Difference | Property Located On Main Highway | Property Located In Somewhat Interior Area |
Total number of listed properties | 260 | 4156 |
Starting price of properties | Rs. 90,000 | Rs. 1.05 lacs |
Price of the most expensive property | Rs. 1.5 crore | Rs. 6.48 crore |
Average price of properties | Rs. 29.16 lacs | Rs. 32.32 lacs |
Price range per sq.ft. | Rs. 1,827 – 4,840 / sqft | Rs. 841 – 10,000 / sqft |
Price rise trend | 12.31% (upward trend) | – 0% ( trend) |
Average price per sqft | Rs. 3145 / sqft | Rs. 2975 / sqft |
This will give you a clear idea of the NH 24 market and would help you invest in the right property. Honestly speaking, Ghaziabad is the major hot spots for real estate investment these days, and NH 24 is a perfect micro market to invest.Benefits To Invest In NH 24
As already mentioned above, NH 24 makes for the perfect investment destination in Ghaziabad. A number of families have shifted there and a bucket full of investors are currently eyeing upon the market. So, its the right time to grab the opportunity and book your flats in NH24 Ghaziabad. Here are some of the major benefits of investing in the said location –
- No traffic issues After NH 24 widening
- Increasing infrastructural developments
- Property value rise presently
- Reputed developers and projects, such as GolfLinks
- Property rates are budget friendly
- Greenery all over
- Close proximity to Noida and Delhi
- Recognized schools and colleges located nearby
- Commercial markets nearby
- Modern amenities available
So, its time to scrutinize the market properly and get down on a decision. NH 24 is a very lucrative market, and if you invest in the same, you will surely reap great advantages.