How Ghaziabad Is The Next Commercial Investment Hotspot

Gurgaon and Noida have a long history of being important business centres in the National Capital Region (NCR). However, along with their rapid development, they have seen a dramatic increase in property prices. This has helped Ghaziabad, a city strategically located near Delhi, to be recognised as a potential alternative for living as well as investment purposes.

Ghaziabad is believed to be the next investment hotspot in Delhi NCR after Noida and Gurgaon. This region has shown immense potential in the real estate market thanks to its perfect mix of affordability, accessibility, and infrastructure development.

Whether it is about an affordable residential property to spend your life or a commercial property for sale in Ghaziabad to fetch high ROIs, it’s time to make your investment bucket list and start investing.

Let’s take a look at why Ghaziabad has become a preferable option for reliable and profitable investments.

Expanding Infrastructure

Ghaziabad is undergoing massive infrastructural development, especially its outskirts. Real estate developers are investing in areas like Mohiddinpur, Ator Nangla, Morti, Mohun Pur, and Bhovapur, transforming the neighbourhoods. This not only adds beauty to the city but also becomes the starting point of future development and potential investment returns.

Seamless Connectivity

Ghaziabad has a great transportation network, which ensures hassle-free travel within the city and to the neighbouring areas. The upcoming Rapid Rail Transit System that links Delhi with Meerut and covers Ghaziabad will drastically reduce commute times. The project aims to cut down the travel time between Delhi and Meerut to as low as 50 minutes, providing excellent ease of access to various NCR regions.

Flourishing Industrial Hub

Since Noida and Gurgaon are already established industrial centres, Ghaziabad can be seen as a popular residential choice for professionals working in these regions due to its convenience and affordability. The presence of famous companies such as ITC and Coca-Cola is paving the way for numerous job opportunities in Ghaziabad. Besides, there has been a reported rise in the number of BPO and IT companies in the city, creating more job opportunities for professionals seeking to kickstart their careers.

Efficient Road Connectivity

Ghaziabad has good road connectivity with the rest of the NCR, which includes Greater Noida, Noida, and Delhi. The present metro system is another pride of the inner areas, most likely dedicated to professionals, especially those who commute. The metro link that is being developed from Noida’s Sector 62 to Indirapuram and the six-lane elevated road between NH24 and Raj Nagar Extension show the city’s immense desire to facilitate its transportation system.

An Oasis Of Amenities

Ghaziabad becoming “Fastest Mover Big City”, as recently recognised by the Ministry of Housing and Urban Affairs, is proof of its steadfast commitment to maintaining the cleanliness of its city. The city offers a lot of amenities, ranging from top schools and hospitals to shopping malls and grocery options, that can be found just a few minutes away from the destination. This makes it possible to have emergency services readily available or essential amenities accessible.

Commercial Investment In Ghaziabad

The city is shining bright in the real estate market of Delhi NCR thanks to its family-friendly environment and investor-friendly approach. While the housing property market is in continuous flow, the region’s commercial real estate is also picking the pace.

The arrival of state-of-the-art commercial projects, such as SKA Arcadia at Wave City, Gaur Aero Mall at Hindon Airport, and Signature Global Mall at Vaishali, among others, are grabbing the eyes of investors. These properties are expected to deliver high returns on one-time investment.

But there’s a lot to consider if you’re willing to invest in the commercial real estate arena of Ghaziabad. Follow this five-point checklist for a safe investment decision.

Investors in Ghaziabad’s commercial real estate are primarily driven by two key objectives:

Location is Paramount

As with any real estate investment, location forms the key determining factor for value and projected returns for a commercial property. The prime locations, close to the biggest transportation hubs or business districts, generate more footfall and thus prove to be of great worth for the buyers and renters in the long term.

Maintenance Costs Factor

The cost of maintenance is yet another factor you should consider, but not only at the initial purchase price. These could be property taxes, building security charges, surcharges and repairs. Make sure the maintenance costs are projected to meet your budget; otherwise, you will suffer from financial strain in the future.

Prioritise Amenities

The amenities provided by a commercial property largely determine its suitability to the potential tenants and buyers. For instance, if you plan to buy commercial shops for sale in Ghaziabad, select one that aligns with your specific requirements, such as extra parking space, high-speed internet connectivity, or security features. If you are after resale, your options should cover properties that offer amenities to meet the current market requirements and appeal to potential buyers.

Accessibility is Key

High quality road network is an essential criterion for a commercial property. Consider property locations close to major roads or highways to ensure that customers, employees and delivery services have easy access to the premises. This also elevates the functionality of the space and adds long-term value to the space.

Seek Expert Guidance

The commercial real estate market can be quite tricky and challenging to go through. Consider consulting your investment decision with a seasoned real estate expert with a deep understanding of the dynamics of the local properties and the pricing structures. Expert advice can help you find suitable properties within your budget, negotiate good terms, and prevent mistakes.

Final Words

Investors looking for investment opportunities with a great mix of affordability, strategic location, and anticipated returns would find Ghaziabad’s commercial real estate market significant. Addressing these factors and carrying out your due diligence helps you make prudent investment decisions and realise the potential of Ghaziabad’s bustling commercial environment.