Properties in Ghaziabad Developing at a Fast Pace

Ghaziabad proprety at Makaan.com

Seeing the pace at which the construction works are going on in Ghaziabad, it is emerging as a next big thing in the realty market. As the residential and commercial developments have boomed the city's landscape, it has been given second rank among the fastest growing cities in the entire world. In spite of the bad reputations that it has gained over years due to high crime rate, the city is still capturing a good number of buyers as well as investors.

Properties in Ghaziabad have flourished in some of the plush localities like Rajnagar Extension, Indirapuram, Crossings Republik, Vasundhara, and Vaishalli. Some of the high-end properties have sprung up in these areas, with the top-notch projects floated by well-known developers like Mahagun, Ansals, and SARE. Most of these residential spaces are targeted towards upper middle and affluent segments. As a result, the city is getting filled up with well to do families.

The presence of National Highway 24 and 58 have proved a boon for property in Ghaziabad. The widening of NH 24 from 6 to 8 lanes shall further smooth the traffic congestion problems. These high speed roads have been the major factor behind the increasing propensity of residential spaces in the city. The proposal to extend Delhi Metro's blue-line to Indirapuram can prove to be a significant step towards improving connectivity of the city to other parts of Delhi NCR. Some of the their factors that have proved beneficial for real estate growth here include good infrastructure, availability of land to be used for further development, and scope for both horizontal as well as vertical constructions. The newer constructions are largely planned; as a result, the city is acquiring the shape of an integrated township.

The things that need to be controlled is the law and order system in the city. High rate of crimes, lack of  an efficient law & order system, and the poor control of government over scams & other malpractices really need to be worked at.

Makaan.com, the leading real estate portal, lets buyers make a search property in Ghaziabad and other cities of Delhi NCR. The end users can look for quarterly price trends for property in Ghaziabad and keep themselves informed of the ongoing rates.