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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.
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