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Real Estate Ghaziabad
Demand for properties in Ghaziabad is continuing with undiminished
vigor. There is definite surge in demand for both commercial and
residential real estate, especially with the growing industrial
base in the city. The property prices in Ghaziabad soared to such
an extent that they required undergoing a correction recently.
Still, the prices continue to go through the rooftop. Most of the commercial spaces in Ghaziabad feature commercial sky scrapers with excellent façade, 24x7 power back-up, centralized security & maintenance, fire safety systems, and an ample parking space. Ghaziabad is one of the most preferable choices for setting up of industrial, BPO and hi-tech offices. Considered as a spacious location situated far away from the maddening crowd, Ghaziabad has expansive vacant places and also affords a convenient access to various sources required for production and outsourcing purposes. However, the city is progressing slowly but still offers excellent infrastructure facilities and manpower which makes it a perfect place to set up call centers and manufacturing units and other commercial spaces. The residential properties in Ghaziabad have begun to see appreciation in the wake of increasing demand that seems to be on the rise. While the high-end residential market in Ghaziabad is gaining high impetus, the NRIs can think about investing their hard earned money to reap high returns in near future. Moreover, Ghaziabad will see development of exclusive townships of international standards that will feature the best practices in technology, architecture, and construction thereby offering nice accommodation option to the NRIs looking forward to retire. Middle and lower market has also been doing well. Appreciations With major domestic investors competing for strong presence, the demand for commercial spaces in Ghaziabad has shot up to new heights. Property developers are now more focused to cater to the increasing demand by both domestic and international companies. Real Estate Trends for NRIs This distinctive city of East Delhi offers a plethora of opportunities and is ever rising in commercial and industrial aspects. The booming industrial sector is the obvious catalyst in changing the commercial real estate scenario of Ghaziabad. With property market in Ghaziabad growing at such a high rate, its market structure has changed that makes real estate investments worth the idea. There are a number of residential projects to come up in Ghaziabad. These stand for exclusive property investment options for overseas investors especially Non resident Indians (NRIs), who generally keep themselves abreast with the real estate trends here. On the whole, the property in Ghaziabad seems set to increase exponentially as major domestic investors have begun to feel comfortable with the investment scenario, which remains buoyant and creates prospects for the ones keen on making money. |
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