Ghaziabad hails as a leading real estate destination within the NCR spectrum due to its proximity to the national capital, Delhi. The city has seamless connectivity with the rest of NCR due to its prime location on the National Highway 24 and Delhi-Meerut Highway. Also, with ever rising property prices in Delhi, Ghaziabad has come up as a preferred location for potential homebuyers looking for affordable housing. With enhanced metro connectivity, superior infrastructure and increasing employment opportunities, demand for residential properties have shot up. Real estate experts opine that property rates in Ghaziabad are quite promising now as more and more developers are springing up and authorities are launching new infrastructure projects. However, property prices are likely to increase in the near future.
Average Property prices (Ghaziabad)
Undoubtedly, Ghaziabad has become one of the fastest-growing real estate destinations in the country. With the Jewar airport coming up in the vicinity, Ghaziabad has rightly caught the attention of majority of homebuyers as well as investors, looking for good investment opportunities here. A variety of residential options with affordable price points is further driving this demand. For example, in the most active localities of Ghaziabad namely Indirapuram, Shalimar Garden, and Nai Basti Dundahera, the average property price per sq. ft varies in the range of Rs. 3,000-Rs 5,000. Top selling projects in the city feature well renowned project names such DLF Dilshad, Mansarovar Park, etc.
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