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Ghaziabad: Flats Within Rs 40-70 Lakh Budget

ghaziabad-property-newSome of the well-known players with projects here include the Amrapali Group, Saya, Panchsheel, Ajnara, JNC and ATS Group

Ghaziabad remains one of the affordable locations to buy property in the Delhi NCR. The city even offers 3BHK with two toilets, three balconies at a unit size of 1,700 sq ft for a quote price of Rs 41 lakh.

According to HappyKeys data, there are no less than nine projects at various degree of construction and expected to be completed by the end of 2016. Located strategically, these projects are by category A developers.

Some of the well-known players with projects here include the Amrapali Group, Saya, Panchsheel, Ajnara, JNC and ATS Group.

“The advantage this area offers is that even luxury projects offer a healthy number of 2BHK units,” says Prem Sharma, a developer of builder flats under the banner of Hometown.

“Though priced higher than mid-segment offerings, the overall rates are lower than the ones in Noida while the lifestyle amenities even in builder floors are focused towards a better livability quotient.”

Thus, you can get a 2BHK with a unit size of 1,300 square feet for a price of around Rs 68 lakh in a luxury project. And it comes with a host of several luxury amenities. In addition to the usual swimming pool, club house, 24-hour security and high-end tiles inside the apartment and in common areas, offerings include piped gas, in-house laundry facility and other add-ons.

The modest options
For a budget in the range of Rs 40-50 lakh, one can get a 2BHK or 3BHK unit of sizes varying from about 1,100-1,700 square feet. Localities include areas near NH 24, Indirapuram, Govindpuram, Ahinsa Khand, GH I and Sector 3. The expected possession is generally by 2016-end.

The luxury options
One can also invest in luxury projects in Ghaziabad, which begin at a price range of about Rs 67 lakh. Offerings in this segment include 2BHK, 3BHK and some 4BHK apartments in areas like Vasundhara, Sector 3 and Indirapuram.

Brimming with comforts, these flats come in sizes ranging between 1,140-2,160 square feet, depending upon the size and type of apartments.

“The one key aspect that works in favour of Ghaziabad is low population density compared to Noida and Greater Noida. Also, many of the offerings here, especially in the luxury segment, come with larger room sizes, especially in areas like Rajnagar Extension, Indirapuram and Vaishali. Also, the number of people you will eventually be sharing amenities like swimming pool and club houses are also less. Thus the quality of the lifestyle in everyday terms is really better,” says Manoj Goswami of Dynamic Properties.

Basic facilities offered in these projects include yoga and meditation centre, intercom facility, maintenance staff, parks and play areas for children, healthcare facilities and landscaped gardens. Lifestyle amenities available in several targeted projects include theme constructions, clubhouses, butterfly parks, and swimming pools.