Sunday, 28 April 2013
Wednesday, 24 April 2013
Friday, 19 April 2013
Ghaziabad has emerged as the housing destination for many property buyers
Ghaziabad has emerged as the housing destination for many
property buyers even as the administration is yet to find a solution to the
Noida Extension issue. Now that home buyers are scouring Ghaziabad, they have
stumbled upon a pleasant surprise – the city has better infrastructure to cope
with the population pressure than hitherto believed. “The city saw a frenzied
pace of development in the last couple of years and the administration has been
putting in all effort to streamline things which any settler would like to see
in a city. There is also a plan for connecting NH-58 to NH-24 from Mahamaya Stadium. The clover leaf projects will
be on the line of the AIMS flyover. Also added that the proposal for a second
phase, including the funds arrangement for the project from Dilshad Garden to
Arthala has been sent to the government, which would fulfill the need of mass
transportation. Apart from all these, the RRTS is also in the pipeline where
four states and the central governments have agreed for a rapid rail, which
will connect Delhi with Meerut.
Wednesday, 17 April 2013
Ghaziabad remains investors’ favourite:
With its considerable infrastructural uplift Ghaziabad’s
real estate market is attracting investors in huge numbers. At present, a majority of those investing
their money in the city’s property market are investors. Estimates suggest that
among buyers, the percentage of investors is as high as 40 per cent.
Investors are willing to invest across categories and
budgets. They are making a portfolio of properties for themselves having 2-BHK,
3-BHK and 4-BHK configurations
Investors are also looking at new ways to generate profits
from their investments. Thus in Ghaziabad they mainly look for quick sale-quick
profit on their investments. Investors in Ghaziabad are frequently buying
freshly launched properties and selling them within a short span of time. A
property frequently changing hands increases the scope for appreciation.
There are investors who purchase a property in about Rs 45
lac, spend Rs 2-3 lakh in refurbishing the apartment and then sell it for Rs
50-55 lac within two months of buying
Monday, 15 April 2013
Saturday, 13 April 2013
Thursday, 11 April 2013
Friday, 5 April 2013
Thursday, 4 April 2013
NH-24 Has a Glut in Reality Projects Launches
When we talk about Ghaziabad, the first picture that comes to mind is the development – residential and commercial – taking place near NH-24. It will not be wrong to say that this highway acted as a facilitator for Ghaziabad’s real estate market.
Places that were seen as ‘not-so-chic’ for Delhiites in early 2000 turned out to be the most prized in the NCR. Another factor that is working to enhance the demand is the extension of the Metro line from Vaishali to Arthala.
Some infrastructure projects in recent times like the Metro line and the Anand Vihar rail junction have enhanced the connectivity of these areas; a multilateral flyover at Ghazipur Chowk has also enhanced the area’s profile, making it a preferred destination for homebuyers. Indirapuram, Vaishali , Vasundhara & Crossings Republik are some of the areas in and around NH-24, which are selling like hot cakes. NH-24 came into prominence with the launch of Crossings Republik, where many developers came together to provide affordable houses.
Places that were seen as ‘not-so-chic’ for Delhiites in early 2000 turned out to be the most prized in the NCR. Another factor that is working to enhance the demand is the extension of the Metro line from Vaishali to Arthala.
Some infrastructure projects in recent times like the Metro line and the Anand Vihar rail junction have enhanced the connectivity of these areas; a multilateral flyover at Ghazipur Chowk has also enhanced the area’s profile, making it a preferred destination for homebuyers. Indirapuram, Vaishali , Vasundhara & Crossings Republik are some of the areas in and around NH-24, which are selling like hot cakes. NH-24 came into prominence with the launch of Crossings Republik, where many developers came together to provide affordable houses.
Tuesday, 2 April 2013
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