Luxury Residences in Ghaziabad: Are they worth it in 2024?

A house is a house and a home is a paradise. And, everyone wants to own one today. However, owning a house or buying one could be a tricky job especially given the options one has today. 

For investors in NCR, the process could be a bit more complicated since they have options to choose from: Delhi, Noida, Greater Noida, Gurugram, Faridabad, and Ghaziabad. All these regions have their own benefits and cater to different audiences. However, the epicentre of investment has changed in the last few years bringing a drastic change in the way one perceives real estate. 

In this rising domain of real estate, if you are an investor looking for a residential space that is affordable yet comes with lavish amenities and features, Ghaziabad is your place. 

No, don’t get me wrong. The extent of investment that’s flowing towards the city and the scope of futuristic development it promises has a lot to offer investors and homebuyers. 

Hence, today, let’s dive deep into the real estate market of Ghaziabad and see the rise of luxury residences in the city. 

Residential Real Estate in Ghaziabad 

Residential real estate properties in Ghaziabad have been on the rise in the last few years. This comes at a time when real estate in the national capital and adjacent areas like Noida is on the rise. 

Ghaziabad, being just 20 km from the national capital, has a growing physical infrastructure and is a decent choice for investors with tight budgets. Apart from that, it also suits the interest of investors who are looking for investment opportunities to book stable rental incomes. 

Ghaziabad’s growing popularity in catering to the housing demands of people working in Noida and Delhi has earned it the crown of being a satellite city to the national capital. 

Ongoing and Future Developments in Ghaziabad Fueling Real Estate Growth

Investors who are looking forward to buying a real estate property in Ghaziabad know that for any region to prosper, ongoing policies and development play a pivotal role. As such, there are decent developments revolving around Ghaziabad, and if you are a real estate investor, you can book a high capital appreciation for yourself as well. 

The city’s master plan focuses on systematic development that is both planned and eco-friendly that promises a future that’s both green and smart. Besides, the steps taken to develop Ghaziabad as a growing smart city will also play a crucial role in elevating the lives of the people in the region. 

As per the Uttar Pradesh government, the city is already getting ₹3,500 crore for infrastructural development, of which just ₹750 crore is said to be spent on enhancing the connectivity of the city. If reports are to be believed, metro rail development will be fast-tracked, and civic amenities like water treatment plants, healthcare management, and educational institutes will get special attention. This will highly increase the convenience of the people staying in Ghaziabad and will produce high capital appreciation in the future. 

Best luxury real estate project in Ghaziabad

If you have read so far, you must be looking for a perfect home in Ghaziabad. Hence, here’s a perfect one. 

Gaur New York City

A newly launched real estate project from the experience house of Gaurs Group, it brings comfort and affordability on the same page. If a strategically located property at a prime location is your key requirement, this checks the right box. However, even if you are looking for a meticulously planned property that is loaded with facilities and modern amenities, Gaur New York City is your dream home. 

Here’s why you should consider a home:

• Seamless connectivity that comes in handy with multi-modal options. 
• A clubhouse that’s accessible round the clock for a life that knows no mediocrity
• Amenities like a multipurpose hall, senior citizen deck, cycling park, and more
• Top-tier security system for your family and you 
• Amazing scope for return on investment 

Over to You

For investors and homebuyers, it is a decent choice, given the affordability and the quality of life it offers. A home in Ghaziabad means connectivity that feels like flying in cloud nine. 

Multi-modal connectivity, enhanced physical infrastructure that includes schools, hospitals, and leisure services are developed at an unprecedented pace. In case you are looking for a home in Ghaziabad, Gaurs New York City ticks all the boxes of a dream home. If you are someone who is looking forward to a real estate investment, it is advised that you consider making an investment here.