| Situated on Delhi's eastern periphery, Ghaziabad is | | | | Metro Rail Corporation's Phase II link from Anand Vihar |
| rapidly emerging as the residential nucleus for IT | | | | to Vaishali at Kaushambi. The project is scheduled to |
| professionals working in NOIDA and Delhi. Ghaziabad is | | | | be completed by September 2010. There is also a |
| also gaining popularity owing to its proximity to the | | | | proposal to develop 14 flyovers which will help in |
| Commonwealth Games locations.Newsweek included | | | | reducing the traffic congestion, leading to an increase in |
| Ghaziabad in its list of '10 Most Dynamic Cities' in the | | | | real estate value in Delhi's suburb - Ghaziabad . |
| world and described it as ' India's hottest city' that "is | | | | The capital values in Indirapuram in Ghaziabad in |
| emerging as the next popular address for Delhi-bound | | | | October were between Rs. 3,000-3,500/sq ft (builder |
| commuters". As affordable housing becomes the key | | | | flats) and Rs 2800-3000/sq ft (Cooperative housing |
| to sales in a slowing market, key Delhi real estate | | | | societies) for the month of October. (Source: |
| developers have developed affordable residential | | | | MagicBricks.com). In spite of a slowdown in the Delhi |
| property along the NH-24, leading to Hapur, and along | | | | NCR residential real estate market, Ghaziabad's |
| NH-58, leading to Meerut in Uttar Pradesh. | | | | property values have held or have risen marginally |
| Ghaziabad's proximity to key business districts in Delhi | | | | between August and October. Anil Kumar Singh, a |
| makes it a good option for Delhi's residential real estate | | | | broker operating in Ghaziabad says attributes the |
| buyers. Large commercial developments in Noida and | | | | escalation in values to the increase in demand, good |
| Greater Noida in the vicinity also adds to Ghaziabad's | | | | location and the fact that since almost everything is |
| attraction to Delhi Property buyers. Also on the cards | | | | sold out so its re-sale transactions. Proximity to Delhi |
| is a 1500-acre township, a hi-tech city in Ghaziabad. | | | | along with good connectivity and transport links is also |
| The city has emerged as one of the best investment | | | | considered a big advantage. |
| destinations for Delhi property buyers.Ghaziabad will | | | | To know more about Ghaziabad Properties visit - |
| also be connected by the proposed Metro line in Delhi | | | | magicbrick. |