The ever-growing population in India is always in need of alternatives for new residential areas. And Ghaziabad is one of them. The city, one of the planned ones, has seen a considerable increase in demand for residential and commercial properties in last few years. The top-class developers and builders have floated a number of projects in the city. Most of these projects have been developed to offer the quality life-style and all the mod-cons, as expected from a good standard of living. Buying flats in Ghaziabad can be a good option, if you are unable to roll out huge money for properties in Delhi and Gurgaon. This alternative market, in spite of having many flaws, is acting as good replacement of the pricey cities.
A lower-middle or a middle class buyer always looks for the affordable options for settling down. The Ghaziabad flats are just the right option for them. Though there are localities like Indirapuram and Vasundhara, that have hefty price tags, a whole lot of budget options are still there. Even in these two localities, one can hope for affordable houses. For instance, a 2 BHK apartment in these twin localities are available in price range 20-30 lacs.
The 2 BHK apartments at cut-rates are available in areas including NH-58, NH-24, Govind Puram, Sahibabad, Loni, Pratap Vihar, Delhi-Hapur Road, and Bapu Dham. Flats in Ghaziabad, in most of these localities, are available between Rs. 20 and 30 lacs. Ankur Vihar, Lal Kuan, Shalimar Garden, Raj Nagar Extension, Vaishali, Bhopura, Old Bus Stand offer residential properties at cut-rates.
Most of these apartments are laced with amenities like intercom, fire fitting, modular kitchens, marble floors, car parking, vaastu compliance, to name a few. The interiors are mostly fully-furnished with extensive wooden works. And these are strategically located near bus stands or metro stations. So, commutation is not a big problem.
The current Indian economy is facing depreciation of its currency, so the property rates are expected to fall down further. In fact, it is just the right time when you can negotiate with developers and agents, and strike a good deal. In the coming future, the prices are expected to see good appreciation, so the investors too can expect good returns on long-term investments.
There are certain negative factors too that are associated with Ghaziabad flats. Lately, many scams and land-hoarding have come into news. Frauds in property transactions have become quiet common. Plus, the crime rate is also quiet high here. The authorities are coming up with stricter rules. If they are implemented well, the city would become an ideal place to live in.
Real Estate Articles 
