It is a dream for every home buyer in Uttar Pradesh to buy a residential property in Ghaziabad – a prime location of the state. Ghaziabad and its surroundings are a home to numerous Information Technology (IT) companies and commercial zones which attract a lot of potential home buyers. Also, Ghaziabad is known as the ‘gateway to Uttar Pradesh’ primarily because of its border with the National capital region- Delhi.
Here are some of the reasons to invest in residential properties in Ghaziabad:
Ghaziabad is located at a prime location of the state where it is surrounded by highways and has multiple connectivity points to the neighboring cities Delhi, Noida, Faridabad, and Meerut. This gives the transportation benefits to the residents who travel regularly to the neighboring cities. The well-planned expressway, metro stations, and link roads provide the connectivity to these cities easily.
Government plans for infrastructure development
Another advantage of the existing residents and home buyers in Ghaziabad is the government’s announcement of infrastructure development plans. The UP government focuses on the Ghaziabad and surrounding cities infrastructure development by creating projects such as water treatment plant, rainwater harvesting facilities, hospitals, schools and colleges, intra-city connectivity through Metro and Mono rail, rapid metro services, and a network of roads. Due to these additional benefits of upcoming projects, Ghaziabad attracts more prospective home buyers to invest in the residential apartments.
Quality housing at affordable rates
Due to the highest demand for apartments from home buyers, many real estate developers launching their apartment floor projects. With the continuous increase in land prices, it is a smart decision to buy 2BHK or 3BHK apartment floors in Ghaziabad. Apartment prices are affordable in Ghaziabad when compared to the other parts of Delhi NCR.
Ghaziabad has become one of the fastest growing destinations in the country. Due to the infrastructure, improved connectivity and affordable real estate prices in Ghaziabad, many homebuyers and investors started looking to invest in residential properties in the city.