Buying or owning a home is the most essential need of every individual belonging to the low and upper-middle class segment, and with the advent of affordable housing in Ghaziabad, this has become quite easy. Depending upon the demographics, customers’ changing preferences and lifestyle trends, builders offer variety of housing options at very nominal rates.
As per reports -
• The second quarter of 2018 witnessed a whopping increase of 50% in the launch of of new housing projects.
• In comparison to the first quarter of 2018, the sales of flats and other such realty properties in the top Indian cities increased by 24% in the second quarter.
• NCR contributed an approximate figure of around 89% increase in the new supply.
• With GST, RERA and other reforms, many cities have witnessed great recovery and improvement in sales.
With this, it is clearly evident that the realty market is getting lucrative day by day, and buyers are actively participating in the same.
Reasons Why Ghaziabad Shows Positive Signals In Its Demand
All over the country, if there is one city that is making investors go gaga over it, is Ghaziabad. Sharing nearest boundaries with Delhi, continually improving social infrastructure, presence in the smart cities list, and various other factors make Ghaziabad one of the most appreciated and demanded real estate markets in Delhi NCR region.
Here are some of the major reasons why the city is a ‘must invest’ destination for all the potential buyers -
1. Pocket Friendly Rates
First and foremost, Ghaziabad attracts your attention through its pocket friendly rates. The city is known to offer the most sophisticated range of flats at very minimal rates.
2. Connectivity Benefits
As already mentioned above, the city has close proximity to Delhi and other major cities, which makes it easy for people to travel to their workplaces, schools, colleges etc, in Noida, Greater Noida, Delhi.
3. Increasing Property Value
Investing in the 2 bhk flats in Ghaziabad is a worthy deal for you, as the value of property here is increasing by leaps and bounds. The returns on investment would be higher than what you have invested.
4. Improving Infrastructure
The social and economic infrastructure of the city is continually improving, which is set to improve the quality of living of the existing residents, potential home buyers and investors. With several projects, such as Hindon elevated road, upcoming metro, underpasses, flyovers etc., this city is surely a perfect destination.
In simple words, Ghaziabad realty market is witnessing a huge rise in demand, and investing in the same can be highly profitable, both for today and upcoming future.