Investing in Ghaziabad Property Market: A Smart Move as Surge is Expected

The real estate market in Ghaziabad is currently abuzz with excitement as the Uttar Pradesh Housing Development Council’s Mandola Vihar Scheme offers attractive discounts on government flats. These properties, priced at nearly half of their market value, present a lucrative opportunity for potential buyers looking to invest in the National Capital Region (NCR).

The Mandola Vihar Scheme, located near Delhi’s Sonia Vihar border, features a range of one-, two-, three-, and four-bedroom flats. As of August 15, the scheme is offering a 42% discount on these properties, with an additional 5% off for lump-sum payments made within 60 days. The scheme is open for registration until October 15, providing interested buyers with ample time to explore their options. Those looking for more information can visit the Housing Development Council Property Office in Vasundhara or check the department’s website for details.

One of the key reasons behind the expected property boom in Ghaziabad is the strategic location of the Mandola Vihar Scheme. Spanning 2,700 acres and comprising a total of 9,068 flats, the scheme is situated adjacent to the under-construction Delhi-Dehradun Expressway. Once operational, this expressway is expected to significantly reduce travel time from Akshardham to Mandola Vihar to just 15 minutes. The improved connectivity is anticipated to drive up property values rapidly, making it an attractive investment opportunity for buyers.

Property expert Brijendra Chaudhary highlights that the current lower property rates in Mandola Vihar are primarily due to the lengthy travel time required to reach the area from Delhi, involving navigating through Loni Border and Shiv Vihar. However, with the impending completion of the new expressway, accessing Mandola Vihar will become more convenient, leading to a potential surge in property prices. Therefore, for those considering an investment, now may be the ideal time to purchase property in Ghaziabad before the anticipated increase in property values.

In conclusion, the Mandola Vihar Scheme in Ghaziabad presents a unique opportunity for buyers to acquire government flats at discounted rates. With the expected property boom on the horizon, investing in these properties could prove to be a wise decision. As the real estate market in the NCR continues to evolve, staying informed and seizing opportunities like this can lead to significant returns in the future.