Indirapuram is one of the coveted real estate markets not just in Ghaziabad but also in the National Capital Region (NCR) as per reports. The Hindon Elevated Road is a major growth driver here which links Raj Nagar Extension with the UP Gate, thereby lowering overall commuting time for residents. The National Highway widening initiative has also been a major boon for residents. There is also a proposal to convert the Hindon Air Force base in Ghaziabad into an airport for enhancing regional connectivity via air. Indirapuram is benefiting from these developments as far as its residential real estate market is concerned.
Indirapuram is already home to multiple residential townships and societies in addition to parks, shopping malls, educational institutions, entertainment zones, markets and hospitals among other necessary social amenities. The property prices have grown considerably over the last decade here and the location offers great connectivity to other parts of the Ghaziabad along with Delhi and Noida. Several reputed real estate brands like Gulshan Homz, Saya Homes, Gaurs Group and the Mahagun Group have come up with premium projects in this area.
Several reports expect that value of property could appreciate by around 30-40% in the near future with several retail facilities and other infrastructure being developed. The widening of the NH-24 into a 14-lane highway, the Hindon Elevated Road and the proposal for the new airport will boost the real estate market here and Indirapuram is slated to witness healthy demand from buyers in the future. Indirapuram offers homes across multiple segments include the mid-range category and even premium and luxury properties. There are ample choices available for buyers and social infrastructure is growing at a rapid pace here, attracting more families to the neighbourhood.
