With a cluster of industries, Ghaziabad witnesses a major real estate growth.
The ambitious ‘housing for all by 2020’ scheme of the new government is a challenge that can be met only if the private sector becomes a proactive partner in the process. The housing sector is one of the major employment sectors of the country and is the second largest contributor to our GDP. In the past couple of years the realty segment has seen a major decline in terms of investments as well as sales which has also resulted in a high unsold housing inventory. But, with newer hopes from the new government their clear signals of economic recovery which is surely set to have impacts on the real estate sector. There is expected growth of investments in metropolitan cities as well as their adjoining areas such as NCR and Ghaziabad. Real estate in Hyderabad is also seeking a boom as it continues to grow as an IT hub.
Talking about the areas of NCR and Ghaziabad that share a close proximity to the city of Delhi has many new upcoming commercial and housing projects both premium as well as affordable. The residential property in Ghaziabad is being offered at premium rates as it has an advantageous location with easy road and metro connectivity to Delhi/NCR. Developers are presenting residential apartments in Ghaziabad with great features and beautiful aesthetics. Mahagun Mascot, ATS Advantage, Gaur Cascades, The Nest, Wellington, and Paramount Symphony alongwith many others are some of the great residential properties in Ghaziabad. Ghaziabad has many well developed residential areas as that of Vaishali, Vasundhara and Indirapuram. Raj Nagar extension and Crossing Republik are the newly developing areas of Ghaziabad with Crossing Republik being developed as one of the sub-cities of Ghaziabad by a joint undertaking of seven developing groups. Most of the townships adhere to the guidelines of the IGBC and offer green concept homes.
Though premiumly priced but the townships come with all the world class amenities and comforts. These residential apartments in Ghaziabad offer options from 1 BHK flats to 5 BHK flats and some properties even offer the options of villaments. The region of Ghaziabad is very well connected to the adjoining cities via NH 24, NH 58, DND flyover and Yamuna Expressway. Also there are many upcoming road and metro projects to further strengthen the infrastructure of the region. Also a lot of people prefer to buy residential property in Ghaziabad as the region has great educational as well as job opportunities as the area has many reputed educational institutions as well as industries. These apartments offered by various reputed builders are feasible with flexible payment structures. Also these offer great security with upgraded technology such as intercoms and CCTV. The residences are built of high end materials and durable structures. The usual amenities and facilities provided in residential townships include reserved parking facility, free or minimal maintenance charges, recreational facilities and other such basic requirements. The designs and interiors are exotic and the layouts are vaastu friendly as well.
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