The Ghaziabad city has come a long way as its approach towards urban infrastructure, residential areas and connectivity all has changed manifolds and thus this city of the National Capital Region is becoming the top pick for homebuyers and even for the tenants.
The first thing that catches the attention of the property seekers in the city is connectivity such as the Eastern peripheral expressway, metro connectivity from New bus adda (saheed sthal) to Dilshad garden, national highway 24 that is being reconstructed as the Delhi-Meerut expressway.
For every homeowner, connectivity plays an important role and the locales of the Ghaziabad city offer a hassle-free connect not only to Noida, Greater Noida but also to different areas of Delhi. Hence, today the homebuyers are shifting their choice to this city.
Ghaziabad Localities at offer residential areas to all:
- Raj Nagar Extension – This extended part of the Raj Nagar area offers a huge range of affordable projects. In fact, the high-rise buildings with world-class amenities and all-around connectivity make it one of the most preferred areas to live in the Ghaziabad city.
- Indirapuram – Being the plush location of the city, this area offers premium residential properties. However, you can find some budget-friendly properties too.
- Vaishali – This locale is the best option for luxury housing as the meticulous planning of this area not only offer well-developed urban infrastructure but only provide secured living areas, close proximity to shopping plaza and is also close to some reputed educational institutions and healthcare centres.
The Vaishali area has witnessed a sudden increase in the demand for residential properties as many people residing in east Delhi are planning to move in this area because of the amenities. Similarly, the people settled in the main Ghaziabad city are also gradually moving to this area as it brings them closer to the national capital city Delhi.
ROI on Property Investment in Ghaziabad
Every person wishes to yield a higher return on investment. So, you can look for property investment in Ahinsa Khand 1, Indirapuram, Govind Puram, Vaibhav Khand, Vaishali sector 1 and DLF Ankur Vihar.
Glance at the Infrastructural Development in Ghaziabad:
- The first major development is the construction of NH24 as Delhi-Meerut expressway will cut short the congested vehicular traffic moments by a large margin between Delhi and Meerut. Also, this development will ease the traffic jam situation that the residents of Ghaziabad have to face every day while commuting to office and again while going back home in the peak hour.
- Elevated Hindon Road
Now, this is again a huge relief for those commuting from Delhi towards Raj Nagar extension. The direct elevated road from the UP gate takes you the destination in a break-free manner. Also, the congestion-free drive on the Delhi-Meerut expressway from Sarai kale Khan to UP gate is making people feel the change, particularly in urban infrastructure.
- Proposed Jewar Airport
This airport will be ready in the next few years and the residents of the Ghaziabad city will no longer require running till the IGI airport in Delhi to catch flights. However, the recently operational Hindon airbase for civil flights has also given some respite to those who plan air travel.
Average Rental Income in Ghaziabad:
You can easily yield a monthly rental of Rs. 12,000 in Siddharth Vihar, Rs. 30,000 in Ahinsa Khand 1 and 2, Rs. 20,000 in Vaibhav Khand and property investment in Raj Nagar extension can make you earn a rental of Rs. 12,000 per month. Similarly, in Vasundhara, you can yield a rental income of Rs. 10,000 per month, while the locations like Vaishali sector 5,4 and 3 offers 14,500, Rs. 18,000 and Rs. 14,400 rental income per month respectively.