Ghaziabad The Place To Be

Ghaziabad, one of the most vibrant cities in India, has observed the most exclusive segment of real estate development and economic growth. New developments, well-planned infrastructure and strategic locations make this city the most desired place for living and business.

Close proximity with New Delhi, Noida and accessibility of international airport pull the attention of corporate houses, educational institutes, manufacturing units and IT companies to making huge investments in the city, thus making Ghaziabad real estate market a vital source for development and growth.
As per industry experts, in the next five years, the city will have the best infrastructure facilities in the NCR.
The Metro route planned for Ghaziabad will be linked from Anand Vihar to Vaishali navigating Kaushambi and this has helped residential and commercial property prices soar. In addition, the Commonwealth Games to be held in Delhi in 2010 will give a further boost to real estate prices of Ghaziabad. The Metro will do a lot of good to Ghaziabad. Roads, sewerage system, better law and order are some of the crying needs that have to be addressed immediately.
Boom in Ghaziabad real estate is enhancing the interest of people to invest in property so that they can get good profits in future. Put simply, there is a good flow in demand for residential and commercial property on lease in Ghaziabad, especially with the growing industrial base in the city.

Ram Bahadur, vice-chairman of Ghaziabad Development Authority, says that today, among the most imp o r t a n t places to invest in Ghaziabad are along the N at i o n a l Highway 58 as this stretch has been seeing a lot of development and has great investment potential. Due to presence of outstanding location, healthy environment, manpower, infrastructure and above all several manufacturing units, IT companies, warehouses, Ghaziabad is perfect place for residing and establishing business.
Today, a number of leading infrastructure companies including Ansal API, Parsvnath Developers, Omaxe, Unitech, Gaursons, etc, offers a series of residential apartments with all the facilities, such as parks, health clubs, shopping malls, hospitals, etc. Among a number of projects in different locations of Ghaziabad, below mentioned ongoing projects are in hot demand now.

2bhk apartment in River Heights, NH-58 by Land Craft Developers
2 and 3 bedroom apartment in Gulmohur Garden, NH-58 by SVP Group
2 bedroom apartment in Parsvnath Regalia in Sahibabad,Ghaziabad by Parsvnath Developers
2 bedroom apartments in Gaur Global Village in Crossing Republik by Gaursons
2 bedroom apartments in Ajnara Gen-X in Crossing Republik by Ajnara Group

Infrastructure companies along with GDA aim to transform this dazzling city into well-organized and modern city. Today, NRIs as well as people from all parts of the country are making properties in different locations of Ghaziabad such as Indirapuram, Vaishali, Shipra, etc., so that they can get good profits in future. Moreover, Ghaziabad development authority is also coming up with many residential colonies having business complexes in them.
By keeping the needs of people in mind, GDA constructs flats and houses including LIG, MIG, HIG and apartments. Undoubtedly, Ghaziabad real estate is tremendously shifting and transforming into a big business. Along with all this, Ghaziabad is becoming an educational hub with many institutions and schools coming up. It is therefore expected that in the coming time huge employment opportunities will be generated in Ghaziabad. More the employment opportunity will mean more will be the demand of renting residential house in Ghaziabad. Moreover with the increase of employment opportunities, there will be an increase in demand for commercial property on rent or for sale.
The industrial land is now turning into a modern commercial hub. A number of famous malls in the city - Pacific Mall, Ansal Plaza, and Shipra Mall - have made it one of the most popular destinations for shoppers. Today, Ghaziabad boasts of nearly 15,000 industrial units at all levels.
The price of mall space in prominent localities of Ghaziabad like Indirapuram, Vasundhra, Vaishali and Kaushambi ranges from Rs 9,000 to Rs 20,000 per sq ft while their rental values range between Rs 50 and Rs 200 per sq ft per month. Many people still feel that property on rent in Ghaziabad is a good option as instead of paying huge EMI and burdening oneself.
It is the right time to take advantage of a not to be missed real estate opportunity. An investor can double and triple his hard earned cash reserve many times over, simply by investing in Ghaziabad real estate.
For more information regarding commercial office space or affordable apartments available, visit www.allsaledeals.com and http://www.allrentdeals.com/. On these websites, you can find flats, house, apartments on rent in Ghaziabad, commercial properties on rent in Ghaziabad, affordable housing in Ghaziabad.