Indirapuram Will Continue To Attract Real Estate Growth in North India

Date:

Share post:

Looking for a house in NCR at an affordable rate at a prominent location? If yes, then head to Indirapuram, the fastest growing areas of Delhi-NCR.

Indirapuram has definitely seen a lot in the past decade. The development of Hindon Elevated Road connecting UP Gate on the Delhi-Ghaziabad with Raj Nagar Extension in Uttar Pradesh along with the widening of National Highway has given this locality a fresh lease of life.

The proposal to make Ghaziabad’s Hindon Air Force base as NCR’s another airport to enhance the regional air connectivity is expected to further push Indirapuram as the most favored location in NCR for the homebuyers.

Over the past decade, this Ghaziabad locality has witnessed a tremendous growth in terms of infrastructure, civic amenities and housing demand. The locality is itself self-sufficient area with a number of residential societies, schools, hospitals, shopping malls, markets, parks, and avenues of entertainment.

 

The locality has witnessed 300 percent hike in property prices from 2005 to 2018. The location has served as the kickoff point for many of the NCR’s prominent developers- Mahagun Group, Gaurs Group, Gulshan Homz, ATS and SAYA Homes. In fact, SAYA Gold Avenue near NH24 by Saya Homes will be one of the tallest buildings of the area.

Currently, there are some 75 projects in Indirapuram, out of which 63 are ready and 12 are under construction, amounting to an inventory of 2915 units. The average price Rs. 5152 sqft.  The property prices are expected to increase further by 30 – 40 percent in terms of other infrastructure and facilities.

Some of the major housing projects in Indirapuram are as follows:

  • Saya S Class by Saya Homes
  • ATS Advantage
  • ABA Corp Orange County
  • Jaipurias Sunrise Greens
  • Shipra Srishti
  • Angel Jupiter
  • Shipra Sun City
  • MKS La Royale
  • Oxirich Avenue

Seeing the housing supply as well as the infrastructure of the locality as well as the promise of the upcoming NCR’s another airport, it seems that Indirapuram will continue to garner healthy demand from the home buyers.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Posts

Latest posts

Property Prices Rise in 48 Cities in Q4 of FY25

Residential property prices increased in 48 out of 50 Indian cities during the fourth quarter of fiscal year...

Greater Noida’s Authority Unveils Plan for Multi-Modal Logistics Park

The Greater Noida Industrial Development Authority on Friday announced the launch of a major infrastructure initiative with the...

Delhi-Meerut RRTS Corridor Set to Open by June 2025

India’s first Regional Rapid Transit System (RRTS) corridor — the 82-kilometre Delhi-Meerut line, known as the Namo Bharat...

Navi Mumbai Offers 10% Property Tax Discount for Early Payers

The Navi Mumbai Municipal Corporation (NMMC) has announced a 10% “Early Bird” rebate on general property tax for...