Q: Hi, I have been hearing a lot about Ghaziabad this month. Is true that this is a good time to invest in Ghaziabad? I have been thinking of investing in Ghaziabad for a while now, but by the uncertainty in prices I have been shying away. Please advice.
Not only that, apart from the hiked prices, buyers also had to pay 22 per cent more. 12% as infrastructure fund and 10% as freehold charges on transactions.
That is not happening my friend. The board has decided to in turn increase freehold charges. According to the new system, the present rates will only apply and not the freehold charges at the time of registration of the property.
Hi, yes it is no doubt a very favorable time to invest in property in Ghaziabad. With concern to the declining tendency, the Ghaziabad Development Authority (GDA) has decided to halt any further appreciation in property prices from August.
Aare, you need to thank GDA vice-chairman Santosh Kumar Yadav. It is he who pointed out that the property prices in Ghaziabad had been upraised two and a half times in May 2012.