2018- The Bright Year for Property in Ghaziabad, NCR

Highway To prosperity

The strategic location of NH-24 provides excellent connectivity between Ghaziabad, Noida and Delhi, making it a hot spot for real estate developers, INVESTORS and end users alike. With plans to widen this stretch to eight-lanes, the future of the projects lined up along it, seems even brighter

Real estate development along highways and expressways has become a trend across India. Riding on rapidly improving infrastructure, connectivity and affordable prices, the areas along the National Highway-24 have turned into attractive real estate destinations, offering promising real estate options with a significant potential for appreciation.

One of the most positive recent developments for real estate coming up along NH-24 has been the plan to widen it into an eight-lane corridor. Development agencies like the Ghaziabad Development Authority (GDA), the Noida authority and the National Highways Authority of India (NHAI) have already approved the project. The widening of the 21-km stretch from UP Gate to Dasna, which is used by over 2 lakh vehicles on weekdays, will bring relief to commuters who often get caught in long traffic jams. UP chief minister Akhilesh Yadav has put his own weight behind this project and has knocked on the doors of the Central government.

Metro extension

Development authorities like the GDA, the UP Awas Vikas Parishad and the UPSIIDC have agreed to share the costs to begin the second phase of Metro network in Ghaziabad and Noida. Two major metro routes have been passed: one, from Noida City Centre to Indirapuram and another from Dilshad Garden to New Bus Stand, Ghaziabad. The new line from the City Centre station connecting Sector 32 to Sector 62 and NH - 24, has an estimated cost of Rs 1,800 crore. 

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