See all the areas in Delhi NCR mainly grew due to two factors one connectivity and second industrial hub. According to news, Vaishali will witness a super boost in terms of commercial estate industrial estate , which will help to increase the employment structure of the area, henceforth real estate will be affected. Multinational giants and big Indian brands like ITC, Bisleri, Dabur, Reliance, Ansals, etc, have entered the market here and converted the whole region into a commercial hub. Commercial estate like Vaishali already has Ansal Plaza, the biggest shopping complex. Rest, sector 4 vaishali is the hub of offices and commercial showrooms.
Hi frnd, there are few pointers, which will help you to take decision in terms of investment. The factors you should check before investing in any area.. are :
For social infra, i would rate it as a good place, i can give 4 out of 5. As there are many schools and Hospitals, which are ready and always available. You have Amity School nearby also.Shopprix Mall and Ansal Plaza are two popular malls in Vaishali. Ansal Plaza, in particular, is popular for factory outlet showrooms. The area has many local shopping complexes to cater to daily needs of residents.
The area is quite safe and very clean, so you can go and reside with your family !The price is in a bit higher side.. because of the connectivity and good projects.
I can suggest you projects like Gaur City who are offering 2 bhk at Rs 38 lacs -42 lac. Whereas they are asking rent at Rs 19k. Now you need to decide, which is costing you more. I can tell, Vaishali is good for buying units rather than renting ..!
Few famous developers like Amrapali Group, Ashiana Housing Ltd, Gaursons India Limited, Mahagun (India) Pvt Ltd, DesignArch, Ramprastha Group and Supertech Ltd, Ansals, Gaursons India, Supertech, Antriksh, Shipra, Jaipuria have launched various projects in this area or coming up with residential projects. There are many projects coming up, especially in three areas, Sector 4, Sector 7 and Vaishali extension.
Projects are Surya Kanishk Tower,SRB Orchid Avenue,Metro Suites,Zen Spire,Ramprastha Platinum Premier,Ramprastha Greens Pearl Court, Studio9 Towers, Max City Park Sapphire,Express Greens,Colista Towers,Ramprastha Greens Emerald Heights.Hmmm, upcoming projects according to my knowledge are two.. one Kaveri & Saraswati Towers by Mahadev Housing Projects Pvt Ltd and Cloud 9 towers by Rishabh.
The price trends of Vaishali depends on the location, the builder, residential typology and other attributes of the property. Few cons thats Vaishali has to fight against are like parking, power backup, 24-hour water supply, security.
The last year values of this locality used to vary from Rs 4300 per sq ft to Rs 4500 per sq ft. This was in the month of Jan-April 2012. The prevailing prices vary from Rs 5800 per sq ft as average to Rs 6500 per sq ft as maximum.Price Trends in Vaishali is Highest Locality Price: Rs 6514 per sq ft Average Locality Price: Rs 6000 per sq ft Lowest Locality Price: Rs 5755 per sq ft...
Vaishali has gradually become a coveted destination in Ghaziabad for residential and commercial purpose. Looking at the present scenario values of properties, commercial and residential are bound to increase by at least 50% in the next two year, according to experts.
Connectivity through NH-24 became better due to the widening of the road till Ghazipur Chowk, along widening of other roads connecting the railway station and Anand Vihar bus terminal.
Vaishali with NH-24 also got a big facelift and gave a boost to the real estate industry in both places.The main factor for vaishali to come on th news is the extension of Delhi Metro, which will further help in the growth of real estate in the area.
With the blue line metro connectivity, the real estate values are also expected to increase.Due to the high rates in Noida and Gurgaon, investors started investing in Ghaziabad,especially in Vaishali and Indirapuram. Vaishali become much popular than other areas.
Mid end users found it more affordable than other areas. Vaishal has improved and come a long way in terms of real estate development.The favouring factors of growth and attracting buyers are the social and the physical infrastructural development of the region.