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Monday 24 March 2014

Major Growth Factors for Properties in Ghaziabad

Property in Ghaziabad
Property in Ghaziabad at Makaan.com
One of the fastest growing cities of Uttar Pradesh, Ghaziabad 's realty graph has been quiet promising. The rapid rate of residential and commercial developments, emergence of integrated townships, and improved connectivity enthused city's real estate segment. Today, it stands as one of the best alternative options for seekers of properties in Delhi NCR.

Some of the prime localities where buyers can make a search for property in Ghaziabad are Crossing Republik, Indirapuram, Vaishali, Raj Nagar Extension, and Kaushambi. Rapid industrialization and well-planned development have worked in favor of city's real estate so much so that today, it has become a coveted destinations for realty investment. The presence of huge land parcels, affordable pricing, and improved connectivity have gone very well with realty market.

Indirapuram, a preferential locality for seeking Ghaziabad properties, is conveniently located on National Highway-24, making it easily accessible to Noida and Delhi. It is one of the prime residential localities and has seen some terrific real estate growth in las decade. Crossing Republic, another sub-city, too is a high-end locality. Developed by a group of 7 reputed builders, Crossing republic is an integrated city project. Spread over 360 acres, it extends up to Greater Noida. 

Raj Nagar Extension is yet another residential hub that has seen tremendous development over past few ears. Strategically located over the six-lane National Highway 58, this locality offers top-notch sell property in Ghaziabad, and is only 15 kilometers from Vaishali Metro Station. Both NH-24 and NH-58 have seen a flurry of residential and commercial constructions: the rates are affordable and the scope of investment high.

But there is still a lot left that needs correction, if not the prices. The high crime rate has been the major nuisance for authorities. Increasing number of realty frauds too need a check. And last, but not the least, is the below mark basic amenities such as water electricity, and sewage disposal. These factors are the major bulwarks that have direct impact on the decision to buy property.

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