Ghaziabad Property Market Poised to Become Next Hotshot of Realty

Ghaziabad Property at Makaan.com

Ghaziabad, a hitherto neglected town, is all set to become real estate stalwart in near future. The way it has seen tremendous infrastructural growth over years indicates that the city has already made an appreciable progress in realty market. It has emerged out as a good alternative market for property seekers who are finding it difficult to find dream house in the capital city Delhi. The market for Ghaziabad properties is flourishing on account of several factors  that are discussed below.

It was availability of cheap land that garnered attention of real estate builders and developers. Ghaziabad properties rates, though have appreciated over years, are still affordable if compared to Delhi NCR cities like Gurgaon and Noida. For buyers for whom affordability is the biggest factor in deciding upon a property, this city comes as a pleasant respite.

Another factor that goes in favor of property in Ghaziabad is their steadily improving connectivity to other Delhi NCR cities. With two most important road links, NH 24 and NH 58, in its kitty, the distances have shortened. Some very reputed builders like Amrapalli and Supertech have launched their prestigious residential and commercial projects across its localities. It is because of the improved connectivity that population density has gone all the way up in this city.
City's link to DMRC has further paved the way for commuters to travel to and from Delhi. The present link up to Vaishali made it possible the commutation at the very first place. And it also paved the way for constructions of residential and commercial property in Gurgaon. 

But all is not well. Ghaziabad Development Authority(GDA) has failed in solving the problems of water sewage and electricity supply. It was only recently that the residents raised their objection to the high water and electricity rates levied upon them in-spite of the poor supply of both.