Over the past few years, Ghaziabad has become the current destination for buyers and property investors. Ghaziabad has seen tremendous growth in terms of property and infrastructure development since the last decade. The city has been thriving, bringing the dreams to a phase of reality by catering to the customers’ needs and requirements that it has been promoted as the “Gateway of Uttar Pradesh” emerged as a property hub.
Ghaziabad is known as one of the top aspirants in the Delhi, NCR, an amalgamation of the old and new owns the properties with facilities and amenities. The number of residential flats and other properties has led people to lean towards Ghaziabad as the perfect destination for investment and plentiful housing options.
Several factors have played a contributory role in bringing Ghaziabad realty market to make the above curve.
Few are the best reasons to invest in Ghaziabad real estate sector are:
1) Affordable Housing
Ghaziabad is a strategic location that shares seamless connectivity to Delhi, Faridabad, and Meerut. It is known as the largest city of western Uttar Pradesh, close to Delhi. The Faridabad-Noida-Gurugram (GNG) expressway is also the further best upcoming connectivity provision for the daily commuters to beat the traffic and have smooth connectivity. The expressway is 56 km long with six lanes, an under-construction project. The enhanced metro connectivity within Ghaziabad and other parts of Delhi is another significant reason for investors to invest in real estate properties. Rapid Rail Transit is another major project that the city is boasting about to boost Ghaziabad’s connectivity. The RRTS from Delhi to Meerut will move through Ghaziabad and extend to 16 areas of NCR, covering 92 km in around 50 minutes. Air connectivity will also be increased once the proposed Jewar Airport is operational.
2) Ghaziabad: A Developing Smart City
Ghaziabad is planned to be developed as the next smart city. The government is also participating and taking initiatives to make the town boost its infrastructure and other developments. Multiple projects in the pipeline include:
By significant actions and initiatives taken by the government and the city’s people, Ghaziabad has come up as the cleanest place of NCR, according to a recent survey under ‘Swach Bharat Abhiyan.’
3) Affordability
Other reasons to invest in the Ghaziabad investment properties are the preferred location and its affordable pricing with the world-class amenities. The city is preferred due to the ever-rising property rises in the other parts of Delhi, NCR. The location has attracted many investors who are looking for affordable housing near the capital city. Many reputed developers have showcased their interest in the town to launch the residential and commercial projects in Ghaziabad. The projects are called smart investments in the expectations to whoop in the best investment returns in the future. The increasing demand for the properties has also let builders build all options from builder floor to luxury apartments, residential properties, and gated communities. Buyers can find their comfortable place according to their budget.
4) Amenities
The builders have led the properties to build, keeping every requirement in mind. Ghaziabad is home to multiple schools, reputed colleges, and o=educational institutes. There are well-known hospitals with well medical facilities. The presence of spectacular malls has made Ghaziabad a perfect location for residential and commercial property investors.
5) Increasing employment opportunities
The development of properties, commercial and residential, has increased the employment opportunities in the city. Many blue-chip companies are shifting to Ghaziabad. Various companies are willing to enter the space that will increase employment chances.
Undoubtedly, Ghaziabad has become one of the fastest-growing investment destinations in the country, progressing due to its improved connectivity, infrastructure, and affordable rental.
The increasing rentals and the residential mass of Delhi are now shoving people to invest in properties in Ghaziabad.
Migsun developers have developed many properties in Raj Nagar Extension, Ghaziabad, that offer the best of amenities at affordable prices.
Migsun Roof, Migsun Atharva, Migsun Migente are a few of the significant projects of the Migsun Group that thrives to offer comfortable spaces within your investment region with a higher rate of returns.
With all these developments going around, property in Ghaziabad is expected to give higher returns in future. Investing today can provide great returns tomorrow.
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