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What is the reason behind increasing property rate in Ghaziabad?

Q: Property rate in Ghaziabad is increasing very fastly & many builders are launching many luxury projects in Ghaziabad. Can you tell me the reason behind it?
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Replies (3)
1
True frmds, there are also private developers who are coming up with projects and providing customers with projects with luxurious lifestyle amenities like power backup, 24×7 water supply, clubhouse and swimming pools.
Pranab Malakar


Which are the projects?? luxurious projects
Rubiya,  
10th July 2013


2
Hi i want to say that factors like new Metro line becoming operational and availability of cheaper options compared to Noida and Gurgaon’s real estate market have come into play.
Richa


Even i guess, the entire city is being laid with a network of flyovers and underpasses, which will ease pressure on existing traffic and added to the efficient civic bodies.
Vibhor,  Delhi
10th July 2013


3
The city has witnessed an appreciation of 20-35 per cent in property prices in the last couple of years. Good infrastructure and easy connectivity to Delhi and other NCR cities like Meerut, Noida, and Gurgaon makes it a top destination for real estate sector.
James


4

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