The real estate in Ghaziabad began with development of residential projects. Many developers entered the market and proposed several residential properties in Ghaziabad. Affordable prices and good facilities offered by these developers attracted people to move in to the city or invest in the city. More and more people started relocating to the city. Ghaziabad is one of the regions in Delhi NCR which still has a good green cover. The overall living conditions in the area are good.
As more people started coming in, parallel development in the commercial real estate sector also started taking place. More schools, hospitals and shopping complexes were planned and developed in the city. The market for commercial properties also started picking up in the city. As the city becomes a commercial hub, many offices are relocating there. The prices are still competitive and hence more and more offices are establishing themselves in Ghaziabad every year. The demand for office space in Ghaziabad has been increasing steadily. Office space in Ghaziabad has emerged as one of the most promising investments due to this increasing demand. Sometimes the developer also offers to make changes in the design of the space on request of the occupier to suit his needs better. The rentals are secured and one can expect early returns from investments. Some real estate developers also offer assured returns on investment in commercial spaces in the city.
Properties in Ghaziabad are still a lucrative option as the real estate market continues to grow in the city. Besides, the rates are very competitive as there are many investment options in the city. The developer The city is still growing and more and more facilities are coming in for the residents there. Overall, the investments in Ghaziabad are slated to give returns over a period of time, whether residential or commercial.