Ghaziabad, one of the planned cities in Uttar Pradesh and Delhi/NCR is emerging as a hot favourite investment destination for real estate developers who are aiming for an expansion of their businesses in this region. Due to its strategic location and having two important highways, National Highways 58 and 24 running through it, the investments in property in these areas are bound to reap huge dividends.
Why invest here?
Ghaziabad has been an ideal choice of many real estate developers for many reasons. The primary reason is its excellent connectivity to Noida that makes it convenient for the people to commute. The proposed Metro Plan by the Ghaziabad Development Authority will connect Ghaziabad to the other parts of the Delhi/NCR as well. With National Highways 58 and 24 running through it, Ghaziabad has great connectivity with other cities in the neighbourhood.
Another edge that Ghaziabad has over the other cities of NCR is the availability of budget-friendly homes for buyers. The real estate boom has led to the skyrocketing of property prices in other places of the NCR region that has become increasingly difficult for a buyer of the middle class to purchase a home in these areas. As a result, Ghaziabad has become a hot favourite real estate destination for property buyers owing to its location and infrastructure. Ghaziabad also has numerous malls for excellent recreation and shopping experience.
Ghaziabad is witnessing a massive real estate growth in terms of development of innumerous projects by various prominent builders. Apart from various prestigious builders, Land Craft Developers Ltd also has launched its two projects in Ghaziabad. Land Craft is a subsidiary real estate division of Garg Group, a 5-decade old industrial group based in Ghaziabad, which has made its mark in the education, steel and publication sector. The 2 projects, namely River Heights and Golf Links are being considered as mega projects that will change the entire face of real estate sector in Ghaziabad.
This is just a beginning. The investment-friendly real estate of Ghaziabad is enough to lure more and more builders for investment. Ghaziabad is poised to transform itself into a world-class township in India.
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