Finding a new abode is not easy. A lot of thinking goes into various aspects associated with it. Proximity to several facilities is the first thing that makes people migrate to that particular location. Other factors such as metro connectivity, good health facilities, shopping arcades, educational institutions, industries, IT firms etc. also increases the credibility of an area.
Ghaziabad, being one of the largest cities of Uttar Pradesh, has seen a lot of people investing in property. The city reflects a blend of both old and cosmopolitan lifestyles. Though there are many areas and localities but here we list some of the most sought after ones within Ghaziabad.
Raj Nagar Extension
The locality has mostly affordable homes, however today the focus is slowly shifting towards luxury homes with more than 25 projects worth INR 2,000 crore by different developers present here. This is driving the demand for rental in the locality. At Raj Nagar Extension, while the basic infrastructure is in place, the development authorities are working on getting new projects that would enhance connectivity and transportation to and from the area. Along with the Metro, the proposed Rapid Rail Transit System, the restructuring of NH-58 will greatly boost demand in the area in coming times. Also for those who enjoy living close to the city (an hour’s drive from Noida) and also want to enjoy greenery, a property in Raj Nagar Extension is the ideal choice as the GDA has declared 500 acres along Hindon as a green belt, banning all construction.
If you are looking for a living space and have a modest budget, then take a look at this locality. While rentals in a lot of popular localities in Ghaziabad are in the double digits, Crossings Republik offers homes in a decent budget and hence is a popular choice for those looking for affordable homes in Ghaziabad. Situated on National Highway NH-24, this integrated city project is well planned and offers all modern day facilities with hospital, schools, malls, metro, hotel, banks, post office, police station, fire station etc. in the vicinity. It even has a golf course and a lake as a part of the project. Additionally while all of Ghaziabad faces traffic congestion, Crossing Republik has wider access to the expressways and highways and has comparatively less traffic.
Relatively a new neighbourhood, Indirapuram is one of the most well planned and preferred localities in Ghaziabad. The demand here comes mostly from working professionals in the IT hub of Noida who prefer staying here due to the easy connectivity to Noida and Delhi. Schools such as Indirapuram Public School, JKG International School, Delhi Public School, and Cambridge School along with good quality hospitals such as Fortis, Avantika Hospital, Scope Gopal Hospital, JS&S Multi-specialty Medical and Diagnostic Centre have raised the demand for homes for families in the locality. All in all this is one of the most resident friendly areas in NCR.
Kaushambhi is well connected to Delhi, Gurgaon, and Noida through the Metro rail network and hence has been attracting home buyers off late. Professionals working around these areas are often unable to afford a home in nearby neighbourhoods and hence Kaushambhi is witnessing great residential as well as rental demand. Kaushambhi also has a number of malls such as Shipra mall, East Delhi mall, MMX mall and cinema screens, hence is called the most urbanised locality in Ghaziabad. Apart from this, there are renowned schools and healthcare facilities across Kaushambhi.
New suburban districts like Vaishali has emerged as a great residential option as Delhi continues to get crowded. The locality offers the consumers comparatively affordable homes with the latest lifestyle amenities and global standards in home design. The property market here has been luring investors with great options and the promise of handsome returns in the future. The localities in Vaishali that are closer to the metro line have not only registered a steep rise in capital values, but even rental values are fast rising due to proximity to Noida-Greater Noida and Metro connectivity. Quality housing, presence of top-end schools, hospitals, malls along with the metro network are driving demand in Vaishali.