Ghaziabad is a vibrant city in the NCR region. With its ever-increasing pace of development and awe-inspiring elevation of infrastructure, it is definitely becoming one of the leading residential and industrial hubs.
Due to its excellent connectivity and location, the city has recently emerged at the top of every home-seeker’s and investor’s list. The exponentially evolving infrastructure here offers much more. Gaur Aero Heights is a mid-range yet modern housing option among these world-class residential projects.
This much-admired project, developed by the Gaursons India group, has quite a few pocket-friendly 1 BHK apartments in its inventory under Pradhan Mantri Awas Yojana. Now, let us delve into the details of Gaur Aero Heights and the factors fueling real estate growth in Ghaziabad.
Ghaziabad: The Industrial and Residential Hub
Over the years, Ghaziabad has succeeded in making a niche for itself as an industrial hub with several production units dealing with steel, cloth, instrumentation, transport, farm merchandise, and many other allied items. Situated adjacent to Delhi and based on a sound industrial base, Ghaziabad is growing rapidly.
Major Factors Contributing to Ghaziabad’s Impeccable Growth Include:
- Strategic Location and Connectivity: Ghaziabad is just 20 km from Delhi and is very well connected through the metro, highways, and the newly introduced high-speed rail. Services have been increased at the Hindon Airport civil terminal, which is just a stroll away from Gaur Aero Heights, and this has transformed this area into a high footfall zone.
- Industrial Hub: Firms like Tata Steel and Dabur are based in Ghaziabad. Therefore, working professionals always demand low-cost housing in this locality.
- Affordable Real Estate: Compared to the neighbouring cities of Delhi and Noida, Ghaziabad’s real estate prices are pretty affordable. Given its good connectivity and industrial growth, Ghaziabad would be an ideal destination for homebuyers.
The future master plan of Ghaziabad focuses on smart city development with eco-friendly infrastructure and planning. This would promote sustainable growth and enhance the city’s appeal as a residential haven, especially for those who want to buy flats in Ghaziabad.
Introducing Gaur Aero Heights
Gaur Aero Heights is situated within a world-class township in Ghaziabad called Gaur Airocity near Hindon Airport. It has one-bedroom apartments in the city. The apartments have been furnished with all the latest facilities and comforts to keep up with the burgeoning demand in Ghaziabad and other surrounding areas.
- Prime Located: Exactly situated at the prime location of the Hindon Airport civil terminal, Gaur Aero Heights enjoys perfect connectivity. It’s just 2.7 km from the Delhi border and 3 km from Rajbag Metro Station, making further travelling easy within NCR.
- Affordable Housing: Following the PMAY scheme, Gaur Aero Heights is offering 1-bedroom apartments. This makes the property suitable for first-time homebuyers, working professionals, and newly married couples.
- Modern Amenities: World-class security, green space, high-street retail experience with theatre, and top schools and educational institutions.
- Impressive ROI: Centrally located in Ghaziabad, real estate continues to be economical and lucrative, with Gaur Aero Heights being an excellent investment venture.
Why Gaur Aero Heights?
Gaur Aero Heights is not about budget-friendly homes; rather, it’s about upgrading your lifestyle. This is what makes this project special:
Proximity to important locations, including:
- Hindon Airport Civil Terminal: Walking distance, offers seamless connectivity to domestic flights.
- Delhi Border: Only 2.7 km, ensuring easy connectivity to the capital city.
- Rajbag Metro Station: Just 3 km, making commutation easy across NCR.
- High Street Retail with Multiplex: A minute away, offering a luxurious retail experience.
- Top Schools and Educational Institutions: Minutes away, promising quality education for your children.
Ideal for Diverse Demographics
- Working Professionals: Proximity to major industrial units like Tata Steel and Dabur will always keep the demand for rental properties at its peak, making Gaur Aero Heights one of the top rental options in Ghaziabad.
- Newly Married Couples: Affordable 1 BHK apartments with modern amenities offer an ideal start for new families.
- Investors: High return on investment and strategic location make it very attractive for real estate investors.
Ghaziabad’s Real Estate Landscape
The Ghaziabad real estate market has matured due to its industrial growth, strategic location, and smart city initiatives. Proper garbage disposal, greenery, and highway maintenance have also contributed to its charm.
Connectivity and Infrastructure
The Connectivity Infrastructure of Ghaziabad is at its peak, which has resulted in many real estate developers coming forward with their projects. The city’s connectivity increased many folds with the extension of Hindon Airport services and the introduction of high-speed rail.
Sustainable Development
Ghaziabad’s future master plan shows a trend towards eco-friendly infrastructure and planning. This ensures that the development will be sustainable and meets the growing demand for smart cities and sustainable living spaces.
Top Areas In Ghaziabad Offering Maximum Rental Yield
Many areas in Ghaziabad are recognised for their strategic location, well-developed infrastructure, reasonable rents, and suitable living conditions. Some areas include:
Ahinsa Khand 2
Ahinsa Khand 2 is a popular locality in Indirapuram, mainly comprising high-rise projects from well-known developers like Ashiana Housing Ltd., Gaursons, Apex Group, etc. This locality has the highest rental yield among all localities in Ghaziabad. Most properties in this area are 3 BHK units priced between Rs 60-80 lakh. Salaried professionals opt for Ahinsa Khand 2 because this locality connects to key commercial centres in Noida, specifically Sectors 62 and 63. People find the locality efficient regarding accessibility, development, standard of living, and safety.
Vaibhav Khand
Another new high-rise residential complex, Vaibhav Khand, provides a rental yield of a marginal three per cent annually. It garners maximum rent due to its proximity to Noida industrial zones in Sector 60, 67, and 68 and Sahibabad and Loni in Ghaziabad. It is a well-developed location with easy accessibility to furniture, hardware, sanitary, and electronic goods.
People love the close proximity to malls and grocery stores, though many comment on traffic congestion and parking problems due to business-related activities. The property rates in Vaibhav Khand have appreciated by roughly 5 per cent over the past year, and the current rate is Rs 5,500 per sq ft.
Crossings Republik
Crossings Republik is an integrated township developed through a private entity situated along the Delhi-Meerut Expressway. With a massive population of approximately two lakhs, it offers a variety of residential options in multi-storey structures. The average rental yield across the area is approximately 3.10 per cent.
Some of the reasons for the popularity of residential apartments in Crossing Republik Ghaziabad are lower rental values, which average Rs 7000 per month compared to other areas of Noida, such as Sectors 57, 59, 60, 62, and 63. This is because it can be accessed directly through NH-24, making it even more attractive.
Conclusion
Ghaziabad’s prime location makes it a prime residential and industrial location due to excellent connectivity and affordable real estate. Moreover, modern amenities and impressive return on investment in projects such as Gaur Aero Heights make it a lucrative deal for different demographics. Places like Ahinsa Khand 2, Vaibhav Khand, Crossings Republik, and others present high rental yields for a promising bright life with wonderful investment opportunities coupled with the city, making this destination ideal for homebuyers and investors.