Real
Estate Ghaziabad
Ghaziabad, one of the satellite cities of the National Capital
Region (NCR) of Delhi is located in the state of Uttar Pradesh,
India. Formerly known as a sleeping industrial city, Ghaziabad
has come a long way in securing its place as one among the
ten hottest and dynamic cities in the world (Source: Newsweek).
This positioning of Ghaziabad on the world map comes following
the most recent survey conducted by the United Nations, for
cities with population exceeding 7.5 lakhs.
Ghaziabad is strategically located on the Grand Trunk road
- connecting Bangladesh to Afghanistan. However, it scores
over other similar cities due to its easy connectivity with
the national capital Delhi and the rapidly industrialized
city of Noida. As these three cities of Delhi, Noida and Ghaziabad
is now considered as the triangle of industrialization and
economic growth; it is also one of the many reasons for industries
and corporates converging into Ghaziabad making it one of
the promising business destinations of India. As the city
today boasts of nearly 15,000 industrial units of all levels,
there are also manufacturing units run by large companies
like ITC and the multinational giant Coca Cola not to mention
the foray of several IT &ITES and BPO companies.
This growing trend of economic prosperity along with favorable
infrastructural facilities has made Ghaziabad one of the fastest
growing cities
in India. Though Ghaziabad is currently undergoing a state
of metamorphosis in matters of investment, there has been
a tremendous boost in its real estate growth. This is mainly
due to its close proximity to Delhi and Noida; whose highly
exorbitant property prices have made people working in those
cities choose Ghaziabad as a comparatively cheaper option
for real estate
investments. Also until now a city free of congestion,
Ghaziabad has inherent scopes for development of exclusive
commercial properties
either in the retail sector or for state-of-the-art office
spaces.
Ghaziabad is emerging as one of the privileged cities for
the BPO and ITES industry. This is due to its business location
and connectivity with Delhi and an international airport by
the 8-lane expressway, easy accessibility of work force from
neighboring Delhi, Noida, Faridabad and Rajasthan and affordable
property prices. Of late, Ghaziabad like most of the happening
cities in India and specially the other satellite cities of
NCR (Gurgaon, Noida, etc) is rapidly adapting the mall culture.
Already decked with a mall space of 3 million sq.ft and one
million more in the offing, Ghaziabad is fast transforming
itself into an entertainment and retail hub creating opportunities
for more investments in these sectors. The real
estate prospects in the city combined with disposable
incomes has led to a notable escalation of realty prices in
the last couple of years. And if the trend continues, it will
not be late before Ghaziabad is redefined as one of the 'hottest'
cities.
Real Estate Ghaziabad - Buy, Sell, Rent Properties, Commercial, Residential
Land, Plots, Apartments, Flats, Office and Retail space from reputed builders/developers by
our qualified real estate agents with extensive experience in Ghaziabad
properties.
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