Situated in the National Capital Region, Ghaziabad is fast emerging as an investor-friendly city attracting homebuyers keen on investing in the City’s real estate. This is primarily due to the several initiatives undertaken by the State government to improve the City’s infrastructure. Often regarded as "the Gateway of Uttar Pradesh", Ghaziabad is one of the fastest-growing cities in the State and a hotbed for real estate investment. Following are some reasons driving the demand for real estate in Ghaziabad.
Proximity to Delhi – Located just 20 km from Delhi, Ghaziabad’s proximity to the National Capital makes it a favourable option for homebuyers looking to invest in affordable residential properties.
Support from the State Government – In recent times, the state government in Uttar Pradesh has allocated 3,500 crore towards the development of Ghaziabad, out of which 750 crore has been earmarked towards various infrastructure development projects that includes rainwater harvesting, water treatment plants, construction of educational institutions, establishment of hospitals, and the development of road infrastructure and metro services, making Ghaziabad a perfect place for real estate investment.
Clean and Green - To effectively combat air pollution, the Ghaziabad Development Authority has declared 500 acres along the Hindon River as a green belt, prohibiting construction in the area. In addition, the Uttar Pradesh Pollution Control Board uses a pollution monitoring system to keep a tab on the pollution levels in the City.
A wealth of employment opportunities – To create more jobs, the State government has adopted a host of investor-friendly policies that include electricity subsidies and establishing industrial parks that have resulted in several multinational companies shifting their base to Ghaziabad thereby creating more job opportunities for people residing there.
In light of the above, it is no surprise that Ghaziabad is home to a host of housing options ranging from premium, mid-segment to affordable housing, all of which strive to provide residents with a plethora of world-class amenities to ensure a comfortable and a luxurious life.
A case in point is Wave City, which offers homebuyers some of the best properties in Ghaziabad. Characterised by lush greenery, Wave City offer its residents luxurious, spacious and well-ventilated 3 BHK and 4 BHK apartments and majestic 5 BHK Sky Villas designed to provide an elevated living experience to true connoisseurs of luxury. In addition to providing residents with a host of amenities, Wave City also ensures the safety and security of residents in the form of a gated community and 24*7 security and CCTV surveillance. Set in a prime location and marked by good connectivity, Wave City lies close to educational institutions and hospitals. Providing intelligent, sustainable and state-of-the-art housing facilities that include a Central Command Centre, Homeland Security Management, Water Management System, Solid Waste Management, Cooking Gas Management, Traffic and Transport Management, Smart Electric Grid, City Portal, Street Light Automation and Optical Fiber connectivity, Wave City is truly one of India’s finest Smart Cities!
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