Ghaziabad Q1 2015: RENTAL Property Tracker

Salient Feature:           

• Strategically situated along NH-58 in Ghaziabad, Raj Nagar Extension has emerged as a top scorer in terms of rental availability. While there are a host of pull factors, affordable rentals is the biggest USP of the area. Also, it is well connected to neighbouring cities such as Delhi and Noida. Moreover, with ample ready-to-move-in inventory, more properties are entering the market.
• Next in line is Vasundhara. Strategically located along NH-24, it enjoys excellent connectivity to other parts of the city via roadways and metro rail. In addition, Vasundhara also boasts of good social infrastructure with several international schools.
• Indirapuram has occupied the third slot in top markets for rental availability. Strategically positioned among three important business centres like Delhi, Ghaziabad, and Noida, it boasts of robust infrastructure. With a plethora of schools, healthcare centres and shopping provisions, Indirapuram is mainly preferred by families.
• Lal Kuan has also featured in our list. Proximity to both Delhi and Noida via NH-24 is the major reason fuelling demand for rental accommodation.
• Fifth slot is occupied by NH-24, where rental demand is mainly catalysed by UPSIDC Industrial Area.
• In top markets based on rental yield, Vaishali is the showstopper. Good connectivity via metro rail and sound infrastructure has made it score positive on the rental yield graph.
• Interestingly, Raj Nagar Extension, Vasundhara and Indirapuram has also managed slots in the list of top markets based on rental yield.
• Last but certainly not the least, Crossings Republik has also managed a position in top markets for rental yield. Situated on NH-24, this sub-city offers world-class facilities at affordable rates, which has made it a major hit among the families and young professionals.

Disclaimer: The information provided in this Website is based on CommonFloor data which is collected from various publicly known sources viz, websites, documents and maps including CommonFloor’s proprietary data resources, and from the inputs of unidentified individuals. It ought to be considered as a guideline and not as absolutely certain. While care has been taken for groundwork, no responsibility is accepted for the accuracy of whole or any part. This information is absolute property of CommonFloor /maxHeap Technologies Private Limited. It should not be reproduced in any form, in part or whole, without prior written permission of CommonFloor. The information is provided on an “as is” and “as available” basis. CommonFloor expressly disclaim warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement.