Ghaziabad Housing Sector: Everything You Need to Know

A popular city just 20km from the national capital, Ghaziabad houses over 1.7 crore population and is crowned as a satellite city to Delhi. Its strategic positioning makes it accessible to both the working population of the capital city and NCR’s fastest-growing IT hub, Noida. 

Multimodal connectivity makes it easy for people to commute to areas of Noida and Delhi, and the affordable housing options it provides are a top choice for lower and middle-income groups.

Hence, today, let’s dive deeper into the streets of the city and understand the reasons that make residential properties in Ghaziabad a great choice for investments in the National Capital Region (NCR).

Let’s dive right in!

Ghaziabad: A brief introduction to the rising city

Honestly, this city needs no introduction! A rich history and a progressive future are what sum up Ghaziabad at its best. As of that, the city is crowned by different names, ‘The Gateway of Uttar Pradesh’ being the most popular.

The city was once famous for its sugar mills, and post-independence manufacturing and engineering sectors took over the city. It is also famous for its management universities notably the ‘IMT Ghaziabad’ that has produced some of the most prominent names in the business world of India.

However, as of 2024, Ghaziabad is getting its fame back, all thanks to the Hindon Airport’s commercialization that has brought the city to the forefront with its domestic air travel slowly catching up pace. Besides that, the recent inauguration of the Rapid Rail Transit System (RRTS), the first such project in India has also stirred up the city’s position in the region making it a great choice for real estate investments.

Is it worth investing in Ghaziabad in 2024

Well areas like Noida and Gurugram might seem as a more prominent options for real estate investors in NCR, Ghaziabad is no less. Infact, the city has seen some of the top developers showing interest in the region and coming up with top projects and architecture notably, Gaurs Group being in the forefront.

However, if you are still wondering what makes Ghaziabad a sound real  estate investment destination, here are some of the top reasons to consider:

• The strategic location makes it a breeze for the people of Delhi and Noida to travel to Ghaziabad.
• Multimodal connectivity through road, rail, airways, and metro attracts a lot of investors, especially frequent travellers.
• The RRTS project has earned it some praise in terms of infrastructure development.
• Ghaziabad’s master plan focuses on green developments, smart city initiatives, and planned development.
• Developed physical infrastructure for an easier life for people of all age groups, with schools, healthcare facilities, and leisure services easily available.
• Future development in terms of connectivity which increases the scope of price appreciation of investors
• Safe investment choices since Ghaziabad Development Authority (GDA) and RERA approval is required for both commercial and residential properties in Ghaziabad to be developed.
• Choice of top real estate developer brands promising quality construction and timely possession.

 What are your options as a homebuyer in Ghaziabad?

If you are a homebuyer in Ghaziabad, two new developments are taking shape in the city. And it happens to be that both the developments are from the house of the same developer.

1. Gaur Aero Heights

A premium development right next to Hindon Airport offers one-bedroom apartments for sale that are just 2.7 km from the Delhi border. Being a part of the Gaur Airocity township, it enjoys all the amenities present in the township, spread across 60702 square metres. It is within walking distance of the Hindon Airport Civil Terminal and just 3 km from Raj Bagh metro station. If you are an investor who wants to make a real estate investment to enjoy a stable rental income, Gaur Aero Heights is a top choice. The property is RERA-approved, and all the details are available on the official RERA website for your reference.

1. Gaur New York City

A newly launched property in Ghaziabad’s prime location, it is one of the most luxurious properties in the city. Clubbed with top features, and thoughtful amenities that residents can enjoy, its offerings are a high value for money. Being located at a prime city location, Gaur New York City Ghaziabad offers top connectivity, comes with a lavish clubhouse and looks a decent investment if you are booking high capital gains in both long and short term.

The Final Call

The housing market of Ghaziabad is showing a positive future and if trends are to be believed investors can book high capital appreciation in the future. Given that, if you are looking for a residential property in Ghaziabad, you can check out Gaur Aero Height and Gaur New York City. Both projects are located at prime destinations that promise high capital appreciation in the future.