Property in Ghaziabad

About
Ghaziabad, sometimes also referred to as the Gateway of UP, is a city in Uttar Pradesh. It is part of the National Capital Region and lies in close proximity to Delhi on the main route into Uttar Pradesh. Not only is it the administrative headquarters of the Ghaziabad District, but is also the chief commercial, industrial, and educational centre of western Uttar Pradesh. This large and well-planned industrial city is also a major rail junction for North India. A City Mayors Foundation Survey described this city as the second-fastest-growing one in the world, mainly owing to some of the recent constructions works undertaken here.

City infrastructure
National Highway-24 has been proposed to be widened from four to sixteen lanes on the stretch between the Ghaziabad-Delhi border and Dasna. It will witness a large number of upcoming projects along the stretch. The Delhi Metro is also planned also be extended to Old Bus Stand, Ghaziabad, and the work for it is already begun. With significant efforts to urbanise the city and its surrounding areas, the connectivity has also improved a lot. There are several railway stations within the city and NH-24 runs through it, along with a few state highways.

Real estate
One of the prime factors that have boosted the growth of real estate in Ghaziabad is its advantageous location. It offers easy accessibility to prominent areas like New Delhi, Noida and some of the other Uttar Pradesh industrial towns. This makes Ghaziabad a lucrative area for real estate investment. In recent years, it has witnessed a gigantic growth in real estate, in both residential and commercial sectors. The top property locations in Ghaziabad include Shipra Suncity, Vaibhav Khand, Ahinsa Khand 1, Ahinsa Khand 2, and Chander Nagar. Also, apart from areas in Indirapuram, localities like Raj Nagar, Vaishali, Vijay Nagar, Vasundhara and Crossing Republik are fast emerging as the real estate hubs of the city. Steady development has catapulted Ghaziabad into one of the most favoured areas of investment in Uttar Pradesh, as well as NCR.

Lifestyle
Being an institutional hub of Uttar Pradesh, Ghaziabad hosts a number of schools, colleges, and universities. There are both private and government-owned institutions in this city, and education costs here are lower than those in Gurgaon and Greater Noida. Most of the colleges specialise in courses related to management, engineering, and law education. Also, there is no dearth of entertainment and recreation options, with many shopping malls and multiplexes.