Property In Ghaziabad Skyrise Demands

Ghaziabad is known to be one of the fastest growing cities in India

. The city is devoted to offer Ghaziabad property not only for the people with high income but also for those who require affordable living. Enormous projects has been launched in this areas while innumerous of them are still coming that consists of luxury apartments all at much affordable costs.

There are several factors why the Ghaziabad real estate properties are at the highest demand. The first reason is the easy connectivity to Delhi and other NCR places like Meerut, Noida and Gurgaon. Together with commercially realty segment, this city has the drastic improvement in social and physical structure thereby contributing the place to become the major and the fastest growing cities in India. The second reason is the introduction of the metro network into various localities. All these properties have resulted the property in Ghaziabad to rate at the highest level. SVP, Landcraft, Gulshan, Ajnara, Ansal Housing, Amrapali, Antriksh, Supertech, Ashiana, Gaursons, Mahagun, DesignArch, Ramprastha, et are the names of the famous developers who have listed themselves to launch several famous projects in this area.

It was noted that the residential property in Chandigarh which was launched in Raj Nagar Extension was at Rs 1,900 per sq ft, but today it costs around Rs 2,700 per sq ft. Some of the areas like Kaushambi, Vasundhara, Vaishali, Indirapuram, Crossings Republik , Govindpuram and Mohan Nagar have shown an indebtedness of 20-35% in the property prices.

The recorded report shows that last year the rates Ghaziabad property especially in vaishali were between Rs 3,500 and 4,000 sq ft. But with the introduction of the Metro line the current rate has been recorded as Rs 4,500 per sq ft. Some of the areas like trans-Hindon comprising, Kaushambi, Vaishali, Indirapuram and Vasundhara and Raj Nagar Extension (RNE) are offering varied choices to a wide range of buyers.

According to one of the marketing head of the developer who states that a simple 2 BHK flat that would have cost Rs 15 to 25 lakh, now costs Rs 18 to 30 lakh. It is nearly expected that more than 55,000 flats are planned up to be launched in Ghaziabad in the next 10 years. Thus the recorded calculation overall shows that how the Property in Ghaziabad are growing at its pace level.

Now, coming to the facilities and the amenities which has become as the part of centre of attraction of Ghaziabad real estate projects. These includes 100% power backup, 24/7 water supply, round the clock security, clubhouse and swimming pools etc. Some of the famous malls in the city like Pacific Mall, Ansal Plaza, Shipra mall etc have contributed to make Ghaziabad one of the most popular destinations for the shoppers. All the projects are constructed in the prime locations of Ghaziabad so that you can get easy accessibility of transport for e.g. Anand Vihar Metro station, Dilshad Garden Metro station and the flyover on the Ghaziabad-Shahdara border.

by: Ravi Shankar

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