One of the important cities of NCR, Ghaziabad is known for its proximity to Delhi and the presence of leading educational institutions, commercial centres as well as residential projects. In recent years, due to government focus and infrastructural developments like Delhi-Meerut Expressway, Eastern Peripheral Expressway and Hindon bridge all the localities of Ghaziabad enjoys seamless connectivity to other NCR areas.
In order to boost the real estate market of Ghaziabad, the state government is also focusing to develop as much as affordable housing projects here. This has further caught the attention of many prospective homebuyers to invest in several localities of the city.
Take a look at some of popular localities to buy affordable homes in Ghaziabad:
Raj Nagar Extension
One of the most promising residential hubs of Ghaziabad, Raj Nagar extension enjoys smooth connectivity to the national capital Delhi via the newly built Hindon Bridge. This has reduced the traveling time to much extent. Due to this homebuyers who are working in Delhi or Noida have flocked towards this locality to buy their dream home. Apart from it, the locality is a mix of housing projects, most of which falls in affordable segment and enjoy PMAY benefits. At present developers like Gaursons, Ajnara, VVIP have developed their residential projects and many more are coming up with other projects. Small commercial centres, as well as malls and multiplex, are also present here.
At present, the average property price of the apartment in Raj Nagar Extension is Rs 3,095 per sqft.
Situated nearby NH-24, Crossing Republik is an integrated township project in Ghaziabad which has become home to 2 lakh homeowners today. The locality is developed on a 360 acre of land and enjoys smooth connectivity to Delhi, Noida and Greater Noida (west) via Delhi-Meerut Expressway, and other arterial roads. The township boasts all the states of the art facilities which a home buyer looks in any locality. Leading developers like Gaursons India, Arihant Build Con Pvt Ltd, Mahagun Developers, Paramount Residency, Supertech Limited, and Panchsheel Promotors have developed their high-rise residential projects here.
Currently, the average property price here is Rs 3,243 per sq.ft.
A 21 km of stretch that starts from UP Gate and ends at Dasna is well-known for the presence of many affordable housing projects. Moreover, the government has also proposed a metro route to enhance the connectivity of this area with Noida and Ghaziabad. Due to the presence of many leading developers, several home buyers have invested here. Apart from residential many commercial properties are also present here. Once the development of proposed 14-lane Delhi-Meerut Expressway will complete, the property price here increases at a steeper rate. At present, leading developers like Wave group, Landcraft group, Mahagun etc. have marked their presence here.
The current average property price in NH-24 is Rs 3478 per sqft.