Ghaziabad is witnessing a steady rise in capital values of property

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With rapid real estate development and easy and improving connectivity to Delhi, Noida and Greater Noida, Ghaziabad is witnessing a steady rise in capital values of property.

According to, property values in areas like GT Road, Crossings Republik, Govindpuram, Indirapuram, Kaushambi, NH 24, NH 58 and Vaishali are witnessing a steady rise ranging from 2 to 26 per cent in every quarter since Dec 11.

Vaishali has witnessed a 23.5 per cent appreciation in Dec 11-Dec 12 period, while Indirapuram, Crossings Republik and NH 58 saw 22, 25 and 21 per cent rise, respectively.

Demand for property outstrips supply in Ghaziabad. “We are seeing a five-fold demand compared to supply of property. There is a demand for all types of units, but maximum demand remains for small units- 1 and 2 BHK.

 Indirapuram, Crossings Republik, Vaishali, Vasundhra and Kaushambi are among the most sought after areas in Ghaziabad. This NCR suburb is an end-user driven market, which continues to see interest from working professionals from in Delhi, Noida, Greater Noida and even, Gurgaon.

The  residential projects in Ghaziabad  offer basic as well as high-end amenities like swimming pool, gym, club house, restaurants, bar, recreational area, garden, etc.

As far as infrastructure is considered, Ghaziabad has everything- from schools to hospitals, from markets to malls and roads to power. Metro connectivity from Vaishali to Noida, Delhi and Gurgaon helps the daily commuters.