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Top 5 localities in Ghaziabad for real estate investment

Top 5 localities in Ghaziabad for real estate investment

Ghaziabad has been at the center of real estate activities in the NCR circuit owing to its strategic infrastructure and property price tag. Happykeys does a comparative analysis of top 5 residential destinations to help prospective home buyers to make an informed decision.

Here are the top most choices in terms of livability index, locality, connectivity, civic infrastructure and property prices.

#1. Indirapuram:

Indirapuram has emerged as the most expensive residential locality of Ghaziabad as per the Price Tracker Report by Undoubtedly, this locality is planned and more organised as compared to other residential localities. This locality offers multiple choice of multi-storied apartments and posh buildings. Average property cost recorded here in the last quarter was to the tune of Rs 5,300 per sq ft. The housing demand here is driven by working professionals who prefer living here due to smooth connectivity with Noida and Delhi. Presently, metro connectivity is up to its neighboring Vaishali but it has been stretched to Indirapuram linking the area with Greater Noida, Noida city centre and Rajiv Chowk. This is likely to be operational in 2017. The locality houses eight shopping malls.

#2. Raj Nagar Extension:

Raj Nagar Extension in Ghaziabad is fast emerging as a budget locality hub in Delhi-NCR, with thousands of families already moving in as the social infrastructure continues to improve. “In the last three years, Raj Nagar Extension has shifted its focus from being an affordable housing zone to premium lifestyle township offering everything — from residential apartments, schools, healthcare centres to shopping malls. This transformation has been noticed by investors and end users. It must be noted that the property value appreciation is comparatively highest here as compared to other regions” says Gaurav Gupta, general secretary, CREDAI Raj Nagar Extension.

#3. Crossing Republik:

Crossing Republik is situated next to Indirapuram and is considered a key micro-market of the NCR. The localities here have become well established residential hubs that have drawn the attention of buyer and investors interest. According to Bipin Chandra, a resident of Republik, “Crossing Republik is established and more developed residential area as it is one  of the first planned township in Delhi NCR developed in 2006”. A two bedroom apartment in the area ranges between Rs 42 – 59 lakh. A three bedroom home will cost upwards of Rs 60 lakh.

#4. Vaishali:

Another expensive locality in Ghaziabad is Vaishali which commands an average property rate of Rs. 6,000 per sq ft approximately. The real estate market here has been luring new home buyers and investors with ample options promising high ROI in future. The localities lying along the metro corridor have already registered steep rise in their capital values. Property rates and rental values are increasing due to its proximity to Indirapuram, Noida and Greater Noida.

#5. Kaushambi:

The USP of this locality is its connectivity via the Delhi metro, which extends to Ghaziabad and Anand Vihar. The two national highways – NH-24 and NH-58 pass through this locality. Kaushambi offers good mix of residential societies, malls and multiplexes promising a good life and transportation facilities. The prices of apartments are, however,  comparatively affordable as 1BHK apartments cost around Rs 15 lakh, two bedroom homes come at around Rs 60-65 lakh and 3 BHKs are priced upwards of Rs 1.1 crore.

Sachin Verma from DPR infrastructure explains that localities in this area were once old developments and also considered distant from Delhi. Developed and upcoming infrastructure has clearly demarcated the old areas from new ones. In the last few years these localities have seen tremendous growth in terms of real estate. These localities are now greener, safer and more organised than other locations of NCR circuits.

Due to its proximity to Delhi and connectivity advantages, these localities have emerged as key real estate destination in NCR,” says Mohit Srivastava, a real estate broker.

Affordable housing options

Siddhartha Vihar emerges as affordable housing hub in Ghaziabad

This area has smooth connectivity via NH 24, is located close to Delhi and Noida’s commercial clusters and hence is becoming a popular residential locality.

The Dasna-Meerut six-lane connecting road on NH-24 has increased the demand for housing units along the entire stretch and has added realty charm to many areas of Ghaziabad. Siddhartha Vihar is one such locality that will benefit from this 105 km long expressway. The locality has garnered attention of new home buyers who wish to own a house in the Delhi-NCR region. Affordable property prices are the biggest USP for this area. Most of the residential properties are available in the price range between Rs 2,500 – 4,000 sq ft which is way cheaper than the rest of Ghaziabad.

The improved civic infrastructure and smooth connectivity via NH-24 has brought in many real estate developers to this area even when the real estate market is reeling under pressure of slowdown everywhere. The property prices in the area are expected to increase significantly in the near future.

Prashant Tiwari, Chairman, Prateek Group says, “NH 24 has always been a much loved destination of property builders and buyers. Siddharta Vihar is located perfectly on the national highway. It is proposed to be widened up to 16 lanes and have an elevated road that will connect it to NH-58. Then we have a new clover leaf road just opposite the Siddharth Vihar that connects the place to Greater Noida West and other parts of Noida.”.

Low-cost housing options and fast shaping infrastructure are the main reasons I would suggest for investing in Siddhartha VIhar,” said Sunil Pandey of Real Homez, a property advisory firm.

Also, this area is close to Indirapuram which has several malls and shopping centers. This locality is best for end users those who looking to buy home at affordable price. Home buyers will profit once the metro from Dilshad Garden to new bus stand in Ghaziabad and Indirapuram and Mohan Nagar starts functioning,” he added.


Check out: Metro may reach Indirapuram soon


The residential housing projects here are ready to cater wide segment of middle-income group people.

For instance, buyers can choose from 1 BHK to 3 BHK flats in a gated community projects. Buyers can get 1 BHK (400 sq ft) at Rs 13 lakh and 2 BHK (770 sq ft) for Rs 35 lakh. And 3 BHK flat are available for Rs 50 lakh approx.

Check out the top low-cost property options in Siddhartha Vihar:


Sr. No Project Name Apartments Size Price Location
1 Prateek Grand City 2, 3 BHK Apartments 770 Sq. ft. – 1795 Sq. Ft. Rs 27 – 70 lakh Siddhartha Vihar
2 TGB Neelgagan 2, 3 BHK Apartments 1250 Sq. ft. – 1650 Sq. Ft. On Request Siddhartha Vihar
3 Antriksh Gold 2, 3 BHK Apartments 772 Sq. ft. – 1340 Sq. Ft. On Request Siddhartha Vihar