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subject: Rising Demand For The Properties In Indirapuram Resulting Capital Appreciation [print this page]


Due to close proximity to certain locations like Noida and Delhi as well as good infrastructure facilities, the city Indirapuram is gaining a huge demand. Number of eminent builders are seen to be flourishing in this region with their successful developments. With the increase in the population, the demand for the housing is also seen to have a steep growth. The demand for the Indirapuram city is increasing dramatically as it is known to be located between three major cities like Delhi, Ghaziabad and Noida. If you are looking for the rented apartment, then the Indirapuram is considered to be the best.

This city is being recognized to be one of the most currently and newly developed area of Ghaziabad. In terms of particular residential area, this city is considered to be one of the preferable location in the NCR region. Being connected with the better transportation facilities with Noida and Delhi, Indirapuram is known to get positioned on NH 24 in the Ghaziabad district of UP. With the betterment in the transportation facilities in terms of the roadways, railways as well as the airways, you can find Indira Gandhi International Airport which is located at a distance of approx 45 km and is known to be the nearest airport. Afterall, it has become quite easy nowadays to find out 2 BHK flats in the city of Indirapuram.

With the launch of the commercial properties, a large number of the developers are seen to launch successful projects in Indirapuram depending upon the availability of land. According to the lalit Jain from the Jain Construction featured out the property in Indirapuram which was seen to have on the great demand and consists of especially the high rise commercial towers along with avant garde amenities as well as have 100% power backup facility and 3 tier security and maintenance system. The Indirapuram properties accounts for more than 40% rental demand especially in the multi-storey apartments on lease across Ghaziabad. And the prime factor for this is the better connectivity to Delhi and Noida. The locality not only have better metro connectivity but is also having good road connectivity. It is around 6 km from the Akshardham, while at a distance of 25 km lies Connaught Place. And at a distance of around 10 min drive from the project lies Kaushambi and Ghaziabad.

According to Ankit Jain of Nirmaan Associates, apart from having good connectivity, the real estate Indirapuram in terms of the residential projects are thereby offering 2 BHK, 3 BHK as well as 4 BHK apartments that are sufficient enough to attract the tenants to this locality.

The size of the 2 BHK ranges from the 1000- 1100 sq ft size apartment. Certain well known builders who have earned their fame in launching especially the Property in Indirapuram includes Vasundhara, Mahagun, Assotech, Krishna Apra, Jaipurias, Agarwal Associates, Gaursons, Supertech, Express Builders, Parsvnath, etc. Most of the Indirapuram properties are already known to be launched, while some are still known to be in pipeline. According to Jain, the locality has seen to be witnessed an escalation of nearly 10-15% in the average rental values in the past six months. According to the S.S Yadav of Uday Real Estate, the city Indirapuram is known to offer the rented apartments at approximately 25-30% cheaper rates as compared to the sector 61 and 62 in the Noida.

by: Subhash sharma




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