Why First-Time Homebuyers Prefer Prateek Grand City?

Posted by Ruchi Rajput
7
May 19, 2025
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Introduction: Your First Home, A Lifetime Dream

Buying your first home is one of the most emotional and financially significant decisions you'll ever make. For Indian families, it’s not just about owning a property—it’s about building a safe haven for the future, creating a space that reflects your journey, and planting roots in a growing city.

With rising property prices in Delhi-NCR and increasing demand for secure, well-connected homes, many first-time homebuyers are turning their attention toward Ghaziabad. In this space, Prateek Grand City, located in Siddharth Vihar, has emerged as a leading choice.

In this blog, we’ll walk you through why Prateek Grand City is loved by new homebuyers in India, and why it’s a worthy investment—before we show you an even smarter alternative for future-focused buyers.

?️ Ghaziabad: A Budget-Friendly Gateway to NCR

For a first-time buyer, affordability and connectivity are often top priorities—and Ghaziabad delivers on both fronts.

Located just minutes from East Delhi and Noida, Ghaziabad offers modern infrastructure, upcoming metro connectivity, expressways, and value-for-money properties that are hard to find in Delhi. While areas like Indirapuram and Vaishali have already matured, Siddharth Vihar is an emerging zone with new-age residential projects that are priced attractively for first-time buyers.

Some advantages include:

  • Proximity to Delhi via NH-24
  • Operational Delhi-Meerut RRTS corridor
  • Improved public transportation and civic infrastructure
  • Lower pollution compared to core Delhi zones

? Prateek Grand City: A First-Time Buyer’s Dream

Prateek Grand City is a well-planned township designed for comfort, safety, and community living. With the perfect mix of affordability, modern design, and builder trust, it checks all the boxes for first-time Indian homebuyers.

Here’s what makes it stand out:

? Project Highlights

  • 2 BHK and 3 BHK options available with spacious layouts.
  • Gated community with 24x7 security and CCTV monitoring.
  • Over 40 acres of integrated township planning.
  • Multiple green zones, walking tracks, and play areas.

? World-Class Amenities

  • Clubhouse with gym and indoor games.
  • Landscaped parks and kids' play zones.
  • Dedicated parking and high-speed elevators.
  • 100% power backup and 24-hour water supply.

? Affordability & EMI Benefits

  • Prices starting from approx ₹65–70 lakhs.
  • Easy loan options from major banks.
  • Low maintenance cost.
  • Ideal for salaried middle-class families.

? RERA Approved and Builder-Backed Trust

  • RERA Registered: UPRERAPRJ5857
  • Delivered by the reputed Prateek Group, known for timely project completion and quality construction.

? Cost Comparison: Prateek Grand City vs Other Projects

Here’s a basic comparison to show why Prateek Grand City holds its value among peers in Ghaziabad:

Project Name

Location

Avg. Price (2BHK)

Builder Trust

Metro Access

Amenities

Prateek Grand City

Siddharth Vihar

₹65–70 Lakhs

High

Yes

Excellent

Saya Gold Avenue

Indirapuram

₹70–85 Lakhs

High

Moderate

Very Good

Gaur City 2

Greater Noida W.

₹60–70 Lakhs

Medium

Far

Moderate

Mahagun Mywoods

Noida Ext.

₹60–70 Lakhs

High

Far

Good

 

Prateek Grand City offers a balanced combination of price, location, and amenities, making it highly attractive to first-time buyers.

? Location Advantages of Siddharth Vihar

Siddharth Vihar is fast becoming a residential hotspot in Ghaziabad, especially for professionals working in Noida and Delhi.

Key Benefits:

  • Just 10 minutes from Noida Sector 62.
  • Connected via NH-24, Delhi-Meerut Expressway.
  • Upcoming Metro & RRTS station nearby.
  • Close to hospitals, schools, malls, and daily conveniences.

Whether you need to commute to Delhi or work from Noida, this location ensures everything is just a short drive away.

? Investment Value for First-Time Buyers

A home in Prateek Grand City isn’t just a roof—it’s an asset that grows in value. Here's how:

  • Siddharth Vihar has seen 15–20% price appreciation in the last 3 years.
  • High rental demand due to proximity to IT hubs and schools.
  • Strong builder brand ensures resale value remains intact.
  • Suitable for both end-use and investment purposes.

?️ Why Trust the Prateek Group?

For a first-time buyer, trust in the builder is crucial. The Prateek Group is among the most respected real estate developers in North India.

What Makes Them Reliable:

  • Delivered multiple successful projects in NCR.
  • Transparent processes and legal documentation.
  • High construction standards and on-time possession.
  • Positive reviews from thousands of existing homebuyers.

?‍♂️ Top 10 FAQs for First-Time Buyers at Prateek Grand City

  1. What is the starting price of a 2BHK?
    Around ₹65–70 lakhs depending on the tower and floor.
  2. Is home loan financing available?
    Yes, through HDFC, ICICI, SBI, and all major banks.
  3. What is the expected possession timeline?
    Most towers are ready-to-move or nearing possession.
  4. Is there a sample flat I can visit?
    Yes, site visits and walk-throughs are available.
  5. How much down payment is required?
    Typically 10–20% of the total cost, depending on loan approval.
  6. Is Prateek Grand City suitable for nuclear families?
    Absolutely! It’s perfect for couples, small families, and retirees.
  7. How good is the public transport from here?
    Well-connected by road, nearby metro and RRTS add future value.
  8. Are there good schools and hospitals nearby?
    Yes, multiple reputed institutions are within 5–10 km radius.
  9. Is this a legally approved project?
    Yes, RERA-approved and all legal paperwork is in order.
  10. Can I rent out the flat if I don’t live there?
    Yes, it has high rental demand due to IT hubs nearby.

? Prateek Grand City Flats vs Sabhapur Extension Plots

Now, let’s compare buying a flat in Prateek Grand City with buying a plot in Sabhapur Extension—especially if you’re thinking long term or want more flexibility.

Feature

Prateek Grand City Flat

Sabhapur Extension Plot

Initial Cost

₹65–70 Lakhs

₹35–40 Lakhs (depending on size)

Ownership Type

Apartment (shared community)

Freehold Residential Land

Construction Flexibility

No

100% (Build your own home anytime)

Monthly Maintenance

₹2,000–₹4,000

None or minimal

Future Expansion

Not possible

Possible (build more floors later)

Investment Growth

15–20%

30–40% potential (long-term)

Personalization

Limited

Full freedom

Use Case

Immediate move-in

Build later, rent, or invest

 

Why Sabhapur Extension is the Smarter Choice for Long-Term Buyers

  • Lower entry cost allows first-time buyers to invest early without loans.
  • Located near Sonia Vihar, Pusta Road, and Wazirabad, making it easily accessible from Delhi.
  • Freehold registry plots ensure full ownership.
  • Opportunity to build a customized dream home in your own time.
  • Excellent for future rental income or resale value.
  • Upcoming infrastructure like road widening, proposed metro extension increases value.

So, if you’re thinking beyond just comfort and want long-term freedom + appreciation, buying a plot in Sabhapur Extension may actually be a better choice.

? Conclusion: Which Way Should You Go?

If you’re a first-time buyer who wants ready possession, modern amenities, and a vibrant community—Prateek Grand City is a great fit.

But if you're planning long-term growth, prefer land ownership, and want the freedom to build your home the way you want—plots in Sabhapur Extension provide unmatched flexibility and investment upside.

? Ready to Explore?

For Prateek Grand City Flats:
? Call: 8090100772
? Location: Siddharth Vihar, NH-24, Ghaziabad

For Sabhapur Extension Plots (Home Near Me):
? Call: 8090100772
? Location: Near Sonia Vihar, Sabhapur Extension, Delhi

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