The Ghaziabad Real Estate Market Is Expecting Growth, So Investing Now Might Be a Wise Decision

Ghaziabad Real Estate Market: Ghaziabad may be your best option if you're looking to buy real estate in the National Capital Region (NCR). For those who are interested in purchasing government apartments, the city is now providing substantial discounts. These homes are priced at almost half of their market value and are a part of the Mandola Vihar Scheme of the Uttar Pradesh Housing Development Council. But there might soon be a real estate boom. This is why you should think about investing right away.

The Mandola Vihar Scheme was introduced by the Uttar Pradesh Housing Development Council. It is close to the Sonia Vihar boundary in Delhi and offers a range of 1,2,3 and four-bedroom apartments. The program gives a 42% discount on these properties as of August 15 and an extra 5% reduction for lump-sum payments made within 60 days. Registration for the program is available until October 15. Interested purchasers can consult the department's website or visit the Housing Development Council Property Office in Vasundhara for further information.

Causes of the Anticipated Boom in Real Estate Market in Ghaziabad

9,068 units total are part of the 2,700-acre Mandola Vihar Scheme. There are still 4,229 units available after 4,839 have been sold thus far. Due to the scheme's proximity to the newly constructed Delhi-Dehradun Motorway, property values there are expected to rise significantly. The motorway, which is anticipated to be completed by September, will make it take only 15 minutes to go from Akshardham to Mandola Vihar. It is projected that this increase in connectivity will quickly raise property values.

Present-Day Price Trends

According to real estate analyst Brijendra Chaudhary, the reason behind the present decrease in property prices is the time it takes to get from Delhi to Mandola Vihar, as one must pass through Shiv Vihar and Loni Border. But now that the new motorway is almost finished, it will be easier to get to Mandola Vihar, which will probably cause property values to rise quickly.

If you're thinking about investing, this could be the best time to buy in Ghaziabad before the expected increase in property prices.