Ghaziabad is one of national capital regions and is also the prime industrial region of the Uttar Pradesh. Located in UP, the city has witnessed a massive infrastructural development over the years and today the city has some of the finest townships. The Jal Nigam manages the various water supply and sewerage works, and power is supplied by Ghaziabad Electricity Board in the city. Townships in Ghaziabad
There is vast land available in the city at very cheap rates. The various builders & developers like DLF and Sun city also have big plans to develop townships in the city. One of the reasons why many developers are eyeing Ghaziabad for the real estate projects is that the city is near to the Delhi and many people want to buy residential properties near to the capital. Many property investors find it difficult to stay in the capital’s noise and pollution. It has also been found that many NRIs also want to invest in residential properties in the city. Characteristics of Residential Properties in Ghaziabad
- Various eminent builders and developers have shown their interest in developing world-class townships in the city in the past and there are plans to develop more townships.
- One can buy 1 BHK, 2 BHK, 4 BHK, 3BHK apartments etc. in the city. Finding a suitable property for oneself with an attached balcony at competitive rates is also not difficult.
- The residential properties in the city have been provided with the various modern amenities including water supply and minimum power cuts.
According to Santosh Kumar Yadav, Chairman, Ghaziabad Development Authority, Ghaziabad currently has less housing units, which are below the rupees ten lakh category. There are plans to provide affordable policy schemes to the developers for the purpose. There are some plots still left in the Madhuban Bapudham scheme, which would lead to more development in the city.