Ghaziabad benefits a lot from being located near the NH24, making it even more valuable in the NCR’s dynamic nature. At one point, people considered Ghaziabad to be a poor option behind Gurugram and Noida, but now, thanks to its major growth, many find it a good choice to live and develop. NH24 is supporting Ghaziabad’s transformation into a well-developed, affluent city through the continuous growth of its infrastructure, better links and planned residential areas.
The Price Surge: From Affordable to Aspirational
Over the last five years, Ghaziabad’s NH24 real estate sector has always witnessed increasing property prices. Since 2020, real estate prices have gone up by 15% to 20% each year in significant zones such as Siddharth Vihar, Raj Nagar Extension and Wave City. Investors are interested, the infrastructure keeps improving, and buyers are using them, which secures the increase. Nowadays, Ghaziabad is known for offering both reasonable prices and first-class infrastructure. For middle-class buyers and first-timers, Ghaziabad’s low cost is a big plus, because other popular and costly markets like Gurugram and central Noida are crowded and expensive.
Infrastructure: The Backbone of NH24’s Growth
Ghaziabad’s transformation is being powered by multiple large-scale infrastructure upgrades that directly impact the NH24 corridor:
- NH24 Upgradation (Delhi–Meerut Expressway): Eight lanes instead of six have decreased the time and number of vehicles on NH24 between Delhi, Noida and Meerut by up to 30%. Even now, this project has improved transportation and has made people more interested in living in neighbourhoods like Wave City, Dasna and Crossings Republik.
- Rapid Rail & Metro Expansion: The Delhi–Meerut Regional Rapid Transit System (RRTS) which at present is partially running, is due to be fully functional by 2025. Several stations along the NH24 will mean that travel to Delhi and Meerut takes much less time. It is planned to extend the Delhi Metro to the NH24 area in future. After becoming operational, networked buildings often see their values go up by 20-30% in comparison to others.
- Air Travel Boost: The upcoming Jewar International Airport near Noida and Hindon Airport, which is currently open for domestic travel, are changing regional connectivity. Better accessibility for both business and leisure travellers is provided by direct flights from Hindon to places like Kolkata, Goa, Chennai, and Jammu.
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Real Estate Developments Along NH24
- Wave City: Wave City, one of the biggest integrated townships along NH24, features green areas, wide roads, round-the-clock security, and intelligent amenities. Buyers from Delhi, Western Uttar Pradesh, and Uttarakhand who want a more tranquil lifestyle with contemporary amenities find it particularly alluring.
- Siddharth Vihar: This fast-developing zone offers proximity to both NH24 and the Delhi-Meerut Expressway. With upcoming metro and rapid rail stations nearby, and affordable premium apartments, Siddharth Vihar is on every investor’s radar.
- Raj Nagar Extension: Known for its smooth access to NH58 and NH24, Raj Nagar Extension has evolved into a well-planned residential area with schools, malls, and healthcare facilities. New link roads and flyovers further improve accessibility.
Why NH24 is Attracting Developers & Homebuyers?
- Abundant Land Availability: There is plentiful land available in NH24, unlike Noida or Gurugram, so it is perfect for creating townships and business zones.
- Rising Demand for Premium Housing: Nowadays, people are more interested in living in secure compounds, enjoying connected amenities and enhancing their lifestyle. Interest in luxury properties in Ghaziabad is up by 15 to 20 per cent over the past two years.
- Social Infrastructure Growth: Schools, hospitals, parks and recreation areas are the major areas that developers focus on growing. Community living has resulted in better living conditions and greater rises in property values.
- Job Access with Lower Stress: The presence of the corridor gives citizens living in towns along it easy access to main employment centres, but they avoid the problems of traffic, air pollution and high housing prices.
Conclusion
It is due to its strategic links, growing roads and bridges and modern apartment complexes that the NH24 corridor in Ghaziabad is becoming an important real estate sector in the NCR. You get the calmness of the suburbs and the advantages of the city at the same time, which makes this location unique. NH24 in Ghaziabad offers a good balance between stability and chances for profit, no matter if you want to invest or buy a home. Presently, it is a good time to enter this market as property prices are expected to continue rising as urban and transport projects develop.
Written by Promita Ghosal
