Ghaziabad as a city is often considered as a Gateway of Uttar Pradesh as well as one of the prominently developing National Capital Region. With its social infrastructural advantages like National Highway 24 and Delhi-Meerut Highway, the city boasts some of the finest projects by top-notch developers.
The region is well connected with Delhi via Delhi Metro and has a blend of residential and luxury apartments befitting the requirements of different income groups. These factors altogether make Ghaziabad a key real estate destination for prospective buyers and investors. With astounding real estate developments, you can find specific regions here which comply with the needs of certain groups. Say, if you as an investor are looking for resale or under-construction properties then areas like Crossings Republik, Vaishali, Indirapuram and Raj Nagar Extensions have no dearth for such properties.
Ranging from Rs.2500 per sq. ft to 5,500 per sq ft., you will find apartments here suiting your requirements and varying with prices according to location and amenities attached to it. Considered as the most premium regions, areas like Vaishali and Indirapuram have apartments with ranging from Rs. 4500 sq. ft to Rs. 5500 sq ft. If you are looking for a medium price range residential units between Rs. 3000 sq. ft to 4000 sq ft, then head towards the areas like Vasundhra and Crossing Republik.
In case you have a stringent budget, then areas like National Highway 24, Dundahera, Govindpuram, Bhopura and Govindpuram can suffice your requirement well. If you want to go with independent properties, villas or plots, then some parts of Indirapuram and old Ghaziabad has the best to offer. However, the social infrastructure in Ghaziabad is evolving at a low pace resulting in massive traffic jams during commuting hours.
Areas like Crossing Republik and Raj Nagar face the law and order issue besides connectivity issues as the roads are narrow and not able to accommodate the traffic during peak hours well. Even the roads are narrow within Indirapuram thus the locals here face traffic snarls during peak hours. Important places located in the old city like transport office, passport office and city court are quite distant from Indirapuram and leads to a hassle in commuting.
In fact, many townships are still vacant thus inflating the cost of maintenance for their residence. Due to lack of occupancy, few even do not hold residents welfare association. Compared to Indirapuram, Raj Nagar Extension and Crossing Republik are over-supplied with under-construction properties. The major factors contributing to it are the lack of law and order and infrastructural facilities here.
So, choosing a property in Ghaziabad does not just involves the advantage of location like proximity to Delhi and better connectivity, factors like better amenities and law and order also influence the decision and the prices of residential units are proportional to these facilities in Ghaziabad.