The last few months have been extremely hard for real estate. With last year November’s demonetization drive, the demand for housing fell to a record low. Potential buyers and investors got tangled in their financial problems, leading to a sharp decline for housing demands.
The Delhi/NCR area was badly hit. However, the post-RERA period has shown an increasing trend in demand for residential as well as commercial property in Ghaziabad and rest of NCR.
Countless new housing and commercial projects across NCR are lying vacant and waiting for prospective buyers. Out of all the cities of NCR, Ghaziabad and Greater Noida has the highest number of projects under-construction. With the proposed 16 lane development on the NH-24 (NH-9), the commutation is going to get smoother, better and faster.
The NHAI (National Highway Authority of India) has begun working on converting the existing stretch of NH-24 (NH-9) on Delhi side to 16 lanes. That development will surely lead to increase in demand for housing and commercial property in Ghaziabad.
The increase in demand eventually leads to increase in the price of the property, making that particular location a hot destination for investment.
If you too are looking for investing in commercial space in Ghaziabad, a couple of projects are worth your consideration. The first one is SG Alpha Tower situated in Sec-9, Vasundhara. The property stands on 45-meter wide road and has office spaces ranging from 500 sq. ft. – 921 sq. ft.
The second project is SG Beta Tower in Sec-3, Vasundhara. This property offers office space ranging from 300 Sq. Ft. to 500 Sq. Ft. with all the modern facilities available in the vicinity.
Both the projects have an excellent ROI value and offer a remarkable space for big and small businesses alike.