Ghaziabad is known as one of the top selling real estate investment destinations in NCR. This township was developed 15 years go with the calculated potential of future development. Situated on the National Highway 24 (NH 24), this area has been emerged over the years for its immediacy and good connectivity to the national capital Delhi.
River Hindon, the tributary of river Yamuna travels across the city Indirapuram. Indirapuram is surrounded by Mirzapur in the east, Vasundhara in the north, IP extension in the west and Sector 63 in the south. This area of development is divided into various sectors like Nyay Khand, Ahinsa Khand, Vaibhav Khand, Niti Khand and many more.
Indirapuram is connected via Ghaziabad railway station (8 km away) and Hazrat Nizamuddin railway station (18 km away). This area has Vaishali metro rail connectivity. Delhi airport is 31 km away from Indirapuram. Mohan Nagar Link Road, Vijaya Laxmi Pandit Marg, Pusta Road, NH 24 (Asian Highway 2) and Kaveri Marg are in and crossways major road connectivity to this area. Uttarpradesh State Transport Corporation has bus service to advance public transport system. A couple of main bus transit points in Indirapuram are Shanti Gopal Hospital and DTC bus stop. Moreover Lohia Nagar bus station (12 km away) connects the area with the bus routes of other cities.
Malls, hospitals, educational institutes and other entertainment sections are just around this area in particular. Ghaziabad Development Authority has planned and developed this area with essential services like- water and power supply, sewage line, roads and open areas. Still some suburban areas face water shortage during the peak of summer.
Indirapuram is one of the most chosen realty investment sector as it has a better connectivity with Noida to New Delhi. People still get affordable properties as per their requisite over here. Thus it’s a paradise for MIG and LIG people. People can invest in an apartment in Indirapuram for INR 5700 per sq ft on average, depending on the offerings. Average rental rates for apartments the INR 15 per sq ft per month calculated In April 2015, there are approximately 1000 on hand properties in Indirapuram- mostly 2BHK and 3BHK apartments, up for sale, followed by builder floor, plots and individual houses. Luxury villas are of a little higher price, ranges between INR 11,000 – 12,000 per sq ft on average Plots come at an average price of INR 6100 per sq ft, yet the price is comparative and changes based on the location and its closeness to the major business areas.
Indirapuram is just about 70% residential but GDA’s upcoming plans are to extend certain commercial zones in the region. Clearly rental values of commercial properties that were around INR 30 to 40 per sq ft during first quarter of 2014 will now have a hike of INR 50 per sq ft a month than that of the previous calculation.
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