GDA Earns ₹155 Crore from 18 Plot Auctions in Ghaziabad

The Ghaziabad property market is showing some serious muscle, folks. The GDA just pulled in a whopping ₹155.15 crore from auctioning 18 plots, with a residential plot in Kaushambi fetching three times its reserve price! Even Indirapuram properties saw significantly higher bids. This isn't just about GDA's coffers; it's a strong indicator for investors. Such aggressive bidding signals high demand and a robust appetite for land in Ghaziabad, potentially pushing up property values in these coveted areas. This data point suggests that market confidence is high, and competitive pricing could become the new norm. For anyone looking at Ghaziabad real estate, these auction results are definitely worth noting. Does this strong performance change your market outlook or investment strategy for Ghaziabad?