Home Sales Continued Upwards in Metro City

Delhi NCR is a big metropolitan or metro city that has a densely populated urban core and less-populated surrounding territories. The metro city comprises of multiple jurisdictions and municipalities that include neighborhoods, townships, cities, exurbs, counties, districts, and states. In the last two decades, the face of the metro city has completely uplifted its socio, economic, and political structure. The metro area has the largest job creating clusters, world-class infrastructure and a fair degree of property appreciation.

Delhi-NCR is the largest urban agglomeration in India and it comprises suburban sprawls of Gurgaon, Noida, and Ghaziabad. According to the Delhi Master Plan 2021, the population pressure is expected to move up 19.9 million in 2016 and to 23 million in 2021. That is why there is a huge demand of residential properties of all sizes and types in the fast developing area. 

It is nothing but the rapid urbanization that makes the city more beneficial for a number of commercial and residential projects in Delhi NCR.  In Ghaziabad, one of the major industrial hubs in India, the home sales has done upward in the last decade as the city has everything that home investors need. The area is the first choice of all who are planning to put their hard-earned money in residential properties in Delhi NCR, especially in flats and Plots in NH - 24 Ghaziabad.

In NH 24, there are many residential projects from leading builders that have been successfully completed and possession of the homes has been given to homeowners. Some projects are being constructed and they will be delivered to homeowners once the construction and other activities get completed. Property prices in Nh-24 are not as high as Delhi, Noida, and Gurgaon. That is why NH- 24 is being seen as a highway of success as over 40 new projects will be scheduled along the NH-24 stretch in Ghaziabad in the next two to four years. These projects are in different phases of construction and all of them are expected to be delivered by 2016 or 2018.

Interestingly, a large number of these projects offer 2 and 3BHK apartments. Property investors have to pay about Rs 15-50 lakh for a 2BHK unit varying from 795-1,090 sq ft. On the other hand, a 3BHK unit is priced between Rs 30-70 lakh for the size range of 1,060-1,750 sq ft. In the NH-24 area, you can expect power back-up, lift, car parking, security, water storage, maintenance, parks as well as vaastu-compliance.

About The Author : Author has 6 years of experience in Content writing & Internet Marketing. Above article explained about Residential Properties In Delhi Ncr as the growth of real estate is growing upwards.