Projects were launched in areas like Kaushambi, Vasundhara, Vaishali, Indirapuram, Crossings Republik , Raj Nagar Extension, have shown an appreciation of 20-35 % in property prices.
Good infrastructure and easy connectivity to Delhi and other NCR cities like Meerut, Noida, and Gurgaon have largely contributed to this spurt in property prices. All these have contributed to make Ghaziabad one of the fastest developing cities in India.
Another reason for the realty boom in Ghaziabad is the availability of cheaper options compared to Noida and Gurgaon's real estate market. Groups have launched various projects in this area.
Property rates have also increased rapidly in the last six months after the new Metro line became operational in the area.
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