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Saturday 13 June 2015

Ghaziabad’s Emerging Realty Hotbeds

Ghaziabad is one locality that has witnessed skyrocketing development over the last few years. Several localities have emerged as the hottest destinations for residential realty in the area in recent times. Demand has gone up immensely for apartments for sale in Indirapuram Vaishali and these two areas have definitely witnessed maximum growth and development. Vaishali has been a popular residential destination for a long time and the incoming Delhi metro network boosted overall progress here as well. The locality is well connected to several supermarkets and malls in addition to the bus terminus and railway station. This is one of the biggest reasons for sustained growth of the realty market in the area and appreciation in capital values of properties here.

Property rates have consistently increased to the tune of 6 percent in the area almost every year and this has touched double digits in recent times. Proximity to both Noida and Delhi has certainly boosted the property market in the locality to a large extent. Prices also increased in Vaishali on account of the infrastructural developments in the locality owing to the Commonwealth Games held in 2010. Several leading builders like Ashiana Housing Limited, Amrapali Group, Supertech Limited and Gaursons Limited are active in the area as well and are coming up with several landmark projects that promise to change Ghaziabad's skyline in the near future.

Vaishali has witnessed high levels of demand for well designed residential apartments that come with top class amenities like parking facilities, power backup facilities, security services, 24 hour water supply and more. The development of several popular shopping malls and other commercial centres has also contributed to the increase in residential real estate demand in the locality.

While thinking of buying apartments for sale in Indirapuram Vaishali, you should keep in mind that Indirapuram has always been one of the most preferred rental and sale destinations in Ghaziabad as per leading reports and market studies. The locality lies along the National Highway 24 and is well connected to several places in both Delhi and Noida. The locality is also transforming into a gateway to Noida's Sector 62 which is a leading commercial and IT hub. Real estate demand has gone up by leaps and bounds in the locality on account of proximity to work spaces. This has also pushed up capital values of properties in the area in turn.

Indirapuram is well connected to several prominent localities through a good network of roads. Connaught Place, Nehru Place and South Extension are readily accessible from the locality along with other areas in the NCR belt. Indirapuram is now being viewed widely as a better alternative to Noida. This is mainly because of the establishment of several leading educational institutions, hospitals, commercial centres, malls and other social amenities here along with abundantly available public transport facilities. Metro connectivity and planned infrastructural developments have also given a huge fillip to overall real estate growth and progress in the locality as well. Both Vaishali and Indirapuram are huge property markets in Ghaziabad in recent times.

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