Ghaziabad has now become the hot destination for the home buyers

After the land row, there has been a sudden dip in property transactions in Noida Extension-Greater Noida belt and house prices in Ghaziabad have been increasing steadily, with middle-income buyers looking for INVESTING in area such as Crossings Republik, Indirapuram and Raj Nagar Extension.

Delay in implementation of projects in Noida Extension also forced people to shift their sight to other areas in Ghaziabad. "The price we are offering in Ghaziabad is one fourth of the price prevalent in Gurgaon," says a developer, who adds that property prices are set to double once new Metro line runs through the district.

Ghaziabad scores over Noida Extension in terms of owning right of the land as most of the land in the former including the entire Raj Nagar Extension area is freehold. Builders can buy land directly from farmers and villagers and hold it for life unlike in Noida Extension, where one can get land on lease for 90 years.. 

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