Indirapuram: A Thriving Real Estate Investment destination

News

A well-established and a popular locality of Ghaziabad, Indirapuram is a realty hotbed amongst those homebuyers who cannot afford a property in Delhi. Being close to the capital city as well as the commercial sectors of Noida, the locality is serving home to many. Perhaps, there is not just one reason that attracts both homebuyers and developers to this are but there are many in the list that makes this sector a lucrative choice among both homebuyers as well as tenants.

Indirapuram is surrounded by Ghaziabad many other plush as well as affordable localities like Vasundhara, Vaishali, Rajnagar Extension, Crossing Republik, etc. The newly developed Hindon Airport, as well as Hindon Elevated Road, is also in close proximity to this locality. Indirapuram is home to well-developed infrastructure like good roads, renowned schools, malls, entertainment centers, hospitals, etc. Some of them include Cambridge International, Indirapuram School, DPS, Shipra Mall, Indirapuram Habitat Center, Decathlon, Shanti Gopal Hospital, Avantika Hospital, Jaipuria Mall, etc.

Indirapuram is a hub to almost all categories of housing units. A homebuyer can choose from the varied variety of options available i.e. from affordable to mid-segment, and hi-end to luxury. Almost all the leading developers of NCR have developed their housing projects here. Some of them include Shipra Group, SAYA, Gaur, Mahagun, Jaipuria, Gulshan, ATS, etc. The price range depends on the size, configuration and amenities present within the projects which somehow ranges between 40 lakhs to 2 crore. Many projects of other developers are also in various stages of construction here.

At present, the average property price in Indirapuram is Rs 4,996 per sqft. On the other hand, due to its proximity to the commercial sectors of Noida like sector-62,63, and 58, the locality also provides a good option to the tenant community. Currently, the rental rates start from Rs 9000 for 1 BHK and 15000 for 2 BHK.

Recently, the State Government has also proposed an extension of Blue line metro that will pass through Indirapuram, Vasundhara, and Vaishali. This will further raise the property prices in the locality and hence will call upon more homebuyers to invest here.