Ghaziabad Property Infographics @Makaan.com

Recent Developments Related to Property in Ghaziabad

Ghaziabad Property at Makaan.com

The indiscriminating way in which realty constructions are going on in Ghaziabad has posed a threat to natural resources and has raised many a eyebrows. It is due to the haphazard residential and commercial constructions that the ground water table is depleting at a very high rate. To deal with the dreaded situation, National Green Tribunal has recently reinvoked an old order dated back to 2001. According to this order, the concretization is restricted to only a prescribed limit. More than 5% green covers cannot be concretized as per this order. Under construction of Ghaziabad properties shall have the footpaths made up of permeable or semi-permeable materials. Such a step has been taken to minimize the threat posed to environment.

Another major development that is in news these days is the construction of  a 21 km long link connecting Noida and Ghaziabad. This link shall improve the connectivity between two cities; the time taken for commutation shall be reduced to half an hour. Currently, the construction is going on in full swing here. The road has become a major hotpot for realty projects. The surrounding areas carry the potential of becoming the next alternative markets for property in Ghaziabad. The project is covered under Noida Master Plan 2021 and shall take another 8-9 months to get completed. The project is expected to raise the live-ability standards of Ghaziabad residents and is seemed as a crucial factor in scaling up the realty prices.

Yet another major development is regarding the regularization of Ghaziabad property transactions.  In light of high rate of frauds and scams, it has been rendered mandatory for the real estate agents to get themselves registered with a local body and get a license before starting their practice in city. Such a step would help in bringing down the cases of counterfeit acts and rendering transparency to the system.

What Goes in Favor of Flats in Ghaziabad and What Not?

Ghaziabad Property at Makaan.com

What are the pros and cons of buying flats in Ghaziabad? Every coin has two faces, and so has this city. There are certain issues that portray gloomy picture of the affairs. High rate of crime, lack of a proper legal system and inadequate local transportation are the major barricades to the city's steady progress. Anti-social elements raise their ugly heads now and then. They are able to pull off their nefarious activities as their actions are bolstered by government authorities and politicians. Lack of transparency in the legal structure further fuels the fire. The realty market too bears the brunt of this lack of perspicuity. Then there is a concern regarding lack of any up-to-the par local transport which makes it difficult for people to commute within the city.

But on the positive side, the city is making a steady progress in terms of infrastructure, retail market, real estate, and industrialization. So, the realty buyers who are eying on Ghaziabad flats can take a breather. The power situation that was, hitherto, below par, is now convalescing amazingly. With top-class builders taking a leap here with their avant-grade projects, dwellers can get a kick out of the quality living and all the modern amenities.

Talk of city's connectivity to Delhi and Noida, it is improving day by day. The proposed plan of extending Delhi Metro to Old Bus Stand in Ghaziabad shall make the commutation between two cities quiet easier and less time consuming. Localities like Indirapuram, Vaishali, Kaushambi, Raj Nagar Extension, and Cross Republic are doing pretty good in terms of a buyer's interest. You will find some of the best flats in Ghaziabad in these locations: high-end infrastructure, world-class facilities, and comfortable life-style speak volumes about the rising living standard here. The demand for residential properties in these areas have escalated over past one year.  this clearly shows that realty market is faring well, in spite of all pain in the necks mentioned above.

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Flats in Ghaziabad Benefited by Excellent Connectivity

Ghaziabad Property at Makaan.com

A few years ago, buying a properties in Ghaziabad could raise eyebrows from your friends and acquaintances. But, if you are doing it now, you keep a wise head over your shoulders. The city is not longer an unheeded and overlooked place, lying tucked away in a corner of U.P. I mean, just look at the stupendous rate at which it is growing: sky-high structures, multi-screen theaters, swanky malls, opulent houses, and modish hotels have dotted the city-line. And connectivity? It is becoming only better with every passing year.

There are many developments there are going in favor of the prospective buyers of Ghaziabad flats. The Link Road that is being constructed between the city and Greater Noida has attenuated the traffic and congestion problems over NH-24 and the commuters need not think twice before looking for a job opportunity or buying a house in the either city. With better bracketing, the probability of people settling in the city has increased considerably.

Crossing Republik, the much publicized project aimed at bringing the ultra-modern conveniences to property buyers, is a venture of seven leading developers across the country. With the kind of expertise and experience that these world-class property builders can bring into housing development, the results can be amazing  With the plentiful of housing projects at hand, the dreams of many who are seeking flats in Ghaziabad shall see the light of the day. Then there is FNG corridor project. It was initially planned to provide connectivity among Faridabad, Noida, and Ghaziabad, but was jettisoned later. In 2012, it was revived and more than 60% of it is now complete. Though it shall not be connecting Faridabad anymore, the other two are going to reap the benefits in terms of real estate.

The excellent connectivity has attracted lucrative real estate projects and so many Ghaziabad properties are now booming along highways and corridors. Developers such as Ansal Plaza, Supertech, Amrapali, SARE Group, and others have already set up momentous projects, aimed at providing plush flats in Ghazibad city.

Search and locate properties for buying and renting over India's leading property portal, Makaan.com. Here, buyers can choose property in terms of locality, dimensions, price, and amenities offered.       

Properties in Ghaziabad is Thriving

Ghaziabad properties are always a favourite investment destination for investors because of its excellent connectivity to Delhi and infrastructure developments. Moreover, the development of the Delhi Metro rail project is like icing on the cake to the connectivity and makes it a hot realty market.

Because of the good connectivity and commercialisation, the residential segment in the city is flourishing. Well planned luxury residential units are coming up in the city and the areas attached to NH-24 and NH-58. It will not be wrong to say that these two national highways are major players that have turned the dusty city in a lucrative real estate market. So, it won’t be wrong to say that properties in Ghaziabad are thriving along the national highways. Earlier, in the year 2000, the properties in Ghaziabad were not considered to be a potential investment destination. But currently, Ghaziabad is one among the most sought residential unit in Delhi NCR.

With the development of the city, its close areas and suburbs such as Vaishali, Indiapuram, Kaushambhi and Vasundhara have also developed. Besides the Metro rail link, several flyovers are being constructed to connect the national highways and residential units which in turn will propel the realty market of Ghaziabad.

The good connectivity with Delhi now makes Ghaziabad a highly preferred residential destination. People from all classes are now searching for flats in Ghaziabad either to relocate or settle in the city. This city has now become the choicest option for individuals who work in Delhi and NCR.
Developers are also coming up with unique and standard luxury residential units to meet the demand of housing. Major realty players such as Raj Nagar Extension, Amarapali Village, Krish Vatika Group, Genesis Sky-Eon, Earth Iconic and more have already made their presence in Delhi NCR and offering luxury flats at highly competitive rates.

The coming up of residential units will see a rise in demand for Ghaziabad flats. According to reports, in the coming years, owning a Ghaziabad property will be a distant dream and there will be most sought address. With Noida city at proximity, the working class are already booking for flats in Ghaziabad because staying in this city save considerable travel time.

To make Ghaziabad a premium realty market, state government is also coming up with development plans and promoting industrialization in the areas along the national highways.  The properties in Ghaziabad that falls along the stretch of the NH is expected to grab maximum attention with the coming up of mega projects.

Ghaziabad that falls along the stretch of the NH is expected to grab maximum attention with the coming up of mega projects.

Properties in Ghaziabad a gold mine for investors and builders

Because of the well connectivity with Delhi and upcoming metro projects, prices of properties in Ghaziabad are shooting up. For such reasons, it has become one of the hot investment destinations for investors.

Finding a property in Ghaziabad meant for sale/lease/rent is not an easy task and approaching real estate agents could sometime proves futile as they lack information. But with the help of realty websites, one can easily browse Ghaziabad properties and find plush flats in Ghaziabad at competitive prices.
Properties in Ghaziabad are favourite for industrialists because of the world-class infrastructures facilities. With the setting up of industries demand for residential space has also grown. Builders and developers are rushing to this city with residential units to help people live a lavish lifestyle. As a result, the demand of properties in Ghaziabad is growing and attracting not only domestic investors but also NRIs are showing interest to invest in potential properties.

The best way to collate information on Ghaziabad properties and flats in Ghaziabad is taking assistance of realty portals. For instance, Makaan.com, a leading property site that connects sellers, buyers and builders in an easy way, is a one-stop information station on real estate. Its consistent and innovative services are helping people to find real estate in Ghaziabad and all major cities of India. Home buyers can make the most of its services and know about the trending prices and properties of various cities and make a well informed decision while buying or selling a property.

The motto of realty sites is to help home buyers in finding a dream property at desired location and budget. The sites also allow home buyers to connect builders directly to collect information on existing projects or projects that are in the pipeline. Realty portals are best way to find attractive deals of buying and selling of Ghaziabad property or Ghaziabad flats.

For first time home buyers it is highly advice to take the help of realty portals as they would help them to know about the realty market and understand real-estate investment. Investment in properties in Ghaziabad is really an ultimate way to enjoy great returns for the smart investors. Nowadays, many builders, agencies of real-estate and investors are coming up with malls and luxury shopping centres in Ghaziabad thus making it a hot investment destination.

Real estate websites are considered to be search engine for finding properties related information. With a few clicks away, now you can find a prospective property in Ghaziabad and invest it for the coming years.