subject: Indirapuram A Favorite Location For Property Investment [print this page] The NCR (National Capital Region) town of Indirapuram is going through the initial stage of speedy economic development which is a resultant of real estate development. A large number of companies dealing in services and manufacturing segment are making massive investments in the area, thus making it the hotbed and favorite location for property investment.
Real estate experts predict that, in the subsequent five years the city will have the finest infrastructure in the NCR.
Indirapuram is at this juncture seen as a place to Delhi what Navi Mumbai has now turned out to be for Mumbai. Today, the locales of Indirapuram and Ghaziabad are evolving as an educational hub, and are expected to be the centre for employment opportunities in the coming years. Thus, it is speculated that several companies would break through into Indirapuram and its adjoining areas would establish their offices, further escalating the requirement for affordable accommodation, office premises and other commercial establishments.
Keeping this upcoming trend in view in the Ghaziabad Development Authority has aimed to offer a total of 2.6 lakh houses for a population of 23 lakh in the Master Plan 2021, also inviting private developers to join real estate construction process.
From the perspective of real estate investment, there are two major roads in Ghaziabad, one being National Highway 58 and the other National Highway 24. Both these stretches are undergoing a massive amount of development and offer excellent investment possibility. Additionally, the Ghaziabad Development Authority (GDA) is carrying out rapid infrastructure development of the city especially in areas like, Indirapuram, which is a very positive sign of how GDA is taking up programs for an all-round development strategy for the city to put Indirapuram and its neighboring areas on the world map alongside other popular real estate destinations.
As large number of people decide to take a break away from the routine 9-5 jobs and aim of starting their own businesses, the need for office space increases manifolds, this is yet another reason why Indirapuram is evolving as a favorite location for property investment.
It is worthy of mention that manpower availability, cheaper raw materials, and cost effectiveness to run industrial units in the locales of Indirapuram and Ghaziabad region has triggered a row amongst industrialists to encash the obtainable assets and the prospects in these areas.
Gone are the days when you had to run to ten different shops to purchase varied household and luxury items. The advent of Malls has altered the way you shop, dine or watch a flick. The multi-storied Malls to offer everything under one roof. The real estate in Indirapuram has a quiet intruder in the figure of retail sector. Malls and multiplexes are growing in each nook and corner of the city and in the process escalating real estate prices of the area.
by: Indirapuram
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