Indirapuram - The Best Real Estate Investment Destination In Ghaziabad

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Some years back, Ghaziabad was looked down in terms of its real estate value. Today, the same city has become one of the most sought after property destinations in NCR. In terms of the amount of infrastructure of Ghaziabad, the city has as much to offer to its residents as the other NCR cities. And Indirapuram has become one of its most valuable possessions.

The city of Indirapuram is strategically located in between Delhi, Noida and Ghaziabad Its infrastructure holds the biggest value to the property investors. The entire outlook of the city has changed radically within the past few years. There has been a substantial increase in the commercial and retail value of the city infrastructure which has been the result of the development of a multitude of residential projects in the city. In fact, more projects are now being announced in Indirapuram than in other NCR cities.
Prices of residential properties in Indirapuram have escalated uncontrollably over the past three or four years. Recent market trends have pointed out that there has been an increase of more than 70 per cent in the land prices over the past two years.

Since good affordable living is becoming the current living trend in every part of NCR, property developers have been consistently trying to lure home buyers with budget residential apartment / villa/ bungalow projects which promise to provide the best accommodations at never before heard of prices.

The introduction of the Metro rail has further boosted the real estate sector of the city. Besides Indirapuram the neighborhood locations of Kaushambi and Vaishali too have seen a competitive real estate growth. Judging the pace at which the real estate sector is growing, it would hardly be surprising if the city becomes as developed as Delhi and Noida in a matter of a decade.

Future Outlook

Currently, the prices of residential properties in Indirapuram are quite manageable and hence people from lower as well as the upper middle class are investing in the residential plots as well. They know very well that the current prices will definitely surge up and the developers will definitely be ready to pay big sums of money to acquire those land plots.

The current market slump has been there for a while but it's just a matter of time before the real estate market will be it's usual pace. The demand for properties in Indirapuram is here to stay and people are looking to make the most out of it. A few minor issues apart, the future outlook of Indirapuram is quite bright and there is absolutely a great opportunity to own affordable residential homes in the current real market situation.

HDFC PMS and BCC group are among the firsts to initiate a residential project in Indirapuram more than two years back with their Bharat City project. Since then a number of residential projects for apartments/ flats in Indirapuram have been in development to attract the middle class home buyers with attractive offers in each of the projects.
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