The Proposed Developmental Projects Is Making Ghaziabad A Preferable Real Estate Option
The area of Ghaziabad is located in the Grand Trunk Road or GT Road. This road is one of main communication lifelines of this country and this connects India with the neighboring countries of Bangladesh in one side and Afghanistan in other. The area of Ghaziabad is one of the main cities that are located in the NCR or National Capital Region of Delhi. This satellite city has much to offer in terms of industrialization and development. The latest inclusion in the list of development of this city is that of the aspect of real estate. The commercial, as well as, residential properties of this place are gaining immense popularity among the buyers. This fast developing city has emerged to be a real estate hotspot.
The reasons behind the development
The main reason of development of this place is its close proximity to the city of Delhi and Noida. The property prices in both the areas are high and also the aspect of over-crowding is there. In that scenario, the area of Ghaziabad emerges to be the perfect solution for the end users. They can get hold of properties in this area in an affordable price. The best part is that this place also offers the residents with some of the finest kinds of amenities. The next reason of development is the concentration of various industries in this place. It can be said that this place forms to be a prime business location for Northern India. That is also the reason that is enhancing the price of the properties in this area. The explosive growth of the real estate can be experienced in terms of both residential and commercial properties.
A look at the aspect of connectivity and future development
The area of Ghaziabad is well connected with the rest of the areas. The presence of the highways in this area helps the residents to have a hassle free communication. The highway of NH 24 is one of the main modes of communication in this area. This National highway is going to be developed in an eight-lane corridor road that will be capable of accommodating high amount of traffic. Also, the road that is running from UP Gate to the area of Dasna is going to be widened. The widening of the road will solve the problem of heavy traffic accumulation in the area. The development of the roads will no doubt form to be a major aspect in increasing the industry of real estate in this area. There are three underpasses that are going to be opened in this area. That will make the journey between Ghaziabad and Greater Noida even smoother. Also, there are proper foot-bridges to be constructed in this area. Moreover, one stretch of road passing through Ghaziabad is going to be signal free to provide the commuters with the best kind of connectivity.
Affordability of the area
This area has all the proper amenities to provide to the end users. However, the capital value of the properties in this area is absolutely affordable. The present value is that of 3,100 INR per Sq Ft. There are 1 BHK, 2 BHK and 3 BHK apartments available in this area.
Civic issues
When you are buying a property in Ghaziabad, make sure to get the property papers checked by proper legal counsel. This will save you from facing any hassle in the future.
The reasons behind the development
The main reason of development of this place is its close proximity to the city of Delhi and Noida. The property prices in both the areas are high and also the aspect of over-crowding is there. In that scenario, the area of Ghaziabad emerges to be the perfect solution for the end users. They can get hold of properties in this area in an affordable price. The best part is that this place also offers the residents with some of the finest kinds of amenities. The next reason of development is the concentration of various industries in this place. It can be said that this place forms to be a prime business location for Northern India. That is also the reason that is enhancing the price of the properties in this area. The explosive growth of the real estate can be experienced in terms of both residential and commercial properties.
A look at the aspect of connectivity and future development
The area of Ghaziabad is well connected with the rest of the areas. The presence of the highways in this area helps the residents to have a hassle free communication. The highway of NH 24 is one of the main modes of communication in this area. This National highway is going to be developed in an eight-lane corridor road that will be capable of accommodating high amount of traffic. Also, the road that is running from UP Gate to the area of Dasna is going to be widened. The widening of the road will solve the problem of heavy traffic accumulation in the area. The development of the roads will no doubt form to be a major aspect in increasing the industry of real estate in this area. There are three underpasses that are going to be opened in this area. That will make the journey between Ghaziabad and Greater Noida even smoother. Also, there are proper foot-bridges to be constructed in this area. Moreover, one stretch of road passing through Ghaziabad is going to be signal free to provide the commuters with the best kind of connectivity.
Affordability of the area
This area has all the proper amenities to provide to the end users. However, the capital value of the properties in this area is absolutely affordable. The present value is that of 3,100 INR per Sq Ft. There are 1 BHK, 2 BHK and 3 BHK apartments available in this area.
Civic issues
When you are buying a property in Ghaziabad, make sure to get the property papers checked by proper legal counsel. This will save you from facing any hassle in the future.
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