There are 2 main national highways surrounding Ghaziabad NH-24 and NH-58. Places on NH-24 and NH-58 are flourishing as residential options to the capital because of their proximity to Delhi, excellent connectivity and infrastructure developments. The Delhi Metro rail project has added a boost to connectivity, whereas the Anand Vihar rail junction has already enhanced rail mobility.
Commercial and retail developments are coming up in a big way in regions like Indirapuram, Vaishali, Kaushambi and Vasundhara. With a strong commercial catchment, a well-planned infrastructure network and an affordable price band, both NH-24 and NH-58 offer several drivers to draw homebuyers’ attention.
Ghaziabad real estate is thriving along these two national highways, NH-24 and NH-58. These two highways have in fact turned the dusty town into a place of high demand. When we talk of Ghaziabad the only picture that comes to mind is the development – residential and commercial – taking place near these highways.
Ram Gopal Verma, the former town planner at DDA, says: “Places that were seen as ‘not-so-chic’ for the Delhiites in the early 2000, turned out to be the most sought-after residential hubs in the Delhi NCR. The extension of the Metro line to Vaishali at Arthala is a milestone and it will be a harbinger of yet greater development of this region. A multilateral flyover at Ghazipur Chowk, a flyover at Mohan Nagar Chowk that will connect to NH-58 and a link road connecting NH-58 to the residential zone at Raj Nagar Extension are some of the developments that are making these areas the preferred destination for home buyers.”
Rakesh Yadav, the managing director of Antriksh Group, says: “Ghaziabad, the place with the maximum number of entry and exit points with Delhi, boasts of people from all classes that are adding to city’s fast growing real estate market. These places have become one of the choicest options for people working in Noida and Greater Noida, as they are close to some of the new sectors where many offices are situated.”
Anil Sharma, the chairman and managing director of Amrapali Group, says: “Transport corridors like national highways and state highways across India have witnessed significant real estate development during the real estate boom.The government has also helped in boosting and promoting the industrialization in these areas. The combination of production units, public utilities, logistics, environmental protection facilities, residential areas, social infrastructure, administrative services and a few industrial areas has been systematically planned along the corridors.
This has further helped to accelerate economic growth. Since the work is happening in a planned manner, demand for residential real estate will become intrinsic in cities along the corridor.” These infrastructure developments will see an increase in residential demand and witness appreciation of prices. This will be the most sought after address in the months to come in. With Noida office sectors in the vicinity, these areas saw a lot of residential projects being occupied at a rapid clip and thus became the focus for development rather than having development by default.
Bharat City is a newly added project in Ghaziabad near Delhi, it is very near to Dilshad Garden Metro Station. Bharat City Ghaziabad is an Indraprastha Yojna, being developed by HDFC PMS and BCC Group. It will be a world class township with all facilities and amenities…
This stretch of the national highway along Ghaziabad has witnessed the maximum attention and is teeming with umpteen mega projects. The Crossings Republik, Wave City and Golf Links by Landcraft Developers,Antriksh Sanskriti,Amrapali Village, and projects by Gaursons, Supertech,are the major residential developments, which have evoked a tremendous response from buyers. The place came into prominence with the launch of Crossings Republik where seven developers came together to provide affordable houses.
When we talk of NH-58 ,we generally mean Raj Nagar Extension. The place has seen a host of developers successfully adding it to the list of real estate destinations of homebuyers. Morta, Madhuban Bapudham and Govindpuram are the other areas that are coming up near NH-58.