Tuesday, 27 August 2013

Ghaziabad vs Las Vegas



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As Ghaziabad rubs shoulders with Las Vegas in the list of 10 most dynamic cities, one can see that the upcoming Metro, 13 new flyovers and housing boom are just a few pointers to its growth
From being a mofussil town to being catapulted to the list of 10 most dynamic cities in the world in which it joins Las Vegas, Toulouse, Moscow and Munich, Ghaziabad has managed to pull off a true feat. Ghaziabad is growing, and that too, at a rapid pace.

What’s most striking about Ghaziabad is frenzied building activity. Though the proven growth areas are Gurgaon and Greater Noida, Ghaziabad is catching up fast.

Developers attribute the rapid growth to Ghaziabad’s excellent connectivity with Delhi, as well as an established IT destination like Noida. Ghaziabad is very strategically located on the old Grand Trunk Road. Not only does it attract a sizeable IT/ITES workforce from Noida, it is affordable for those who can’t afford Delhi prices.


Also, the UP state government has announced its clearance for starting work on the first phase of Metro in Ghaziabad recently. The Anand Vihar line will go up to Kaushambi. The second phase, expected to be completed by 2011, will connect the Noida line to NH-24 .

In order to make Ghaziabad a city without red lights or closed railway crossings, 13 more flyovers will be added.

Many underpasses and railway over bridges will change the way one travels in Ghaziabad.

More than 14 malls already operational and many more in the pipeline, one can say that Ghaziabad is the new entertainment hub for Delhi and NCR.
According to SK Zaman, Chief Architect and Town Planner, GDA, “Ghaziabad will see massive growth in the time to come. This is because of its inherent advantages like proximity to Delhi and easy land availability. The infrastructure of the city has also improved over time. The entry of good developers has also been good for the city. The difference between earlier development and now is that the development is planned and systematic . It is true that for various reasons, Ghaziabad is booming.”

All this means that Ghaziabad is great to invest in and a good destination for both commercial and residential builders.

Saturday, 24 August 2013

Ghaziabad is witnessing a steady rise in capital values of property

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With rapid real estate development and easy and improving connectivity to Delhi, Noida and Greater Noida, Ghaziabad is witnessing a steady rise in capital values of property.
According to, property values in areas like GT Road, Crossings Republik, Govindpuram, Indirapuram, Kaushambi, NH 24, NH 58 and Vaishali are witnessing a steady rise ranging from 2 to 26 per cent in every quarter since Dec 11.
Vaishali has witnessed a 23.5 per cent appreciation in Dec 11-Dec 12 period, while Indirapuram, Crossings Republik and NH 58 saw 22, 25 and 21 per cent rise, respectively.
Demand for property outstrips supply in Ghaziabad. “We are seeing a five-fold demand compared to supply of property. There is a demand for all types of units, but maximum demand remains for small units- 1 and 2 BHK.
 Indirapuram, Crossings Republik, Vaishali, Vasundhra and Kaushambi are among the most sought after areas in Ghaziabad. This NCR suburb is an end-user driven market, which continues to see interest from working professionals from in Delhi, Noida, Greater Noida and even, Gurgaon.
The  residential projects in Ghaziabad  offer basic as well as high-end amenities like swimming pool, gym, club house, restaurants, bar, recreational area, garden, etc.
As far as infrastructure is considered, Ghaziabad has everything- from schools to hospitals, from markets to malls and roads to power. Metro connectivity from Vaishali to Noida, Delhi and Gurgaon helps the daily commuters.