M
Mohan Sharma
posted on 7 MayGhaziabad 'Ready to Move' infra impact is massive.
I'm in Dubai, can't visit. Last I checked, metro and new expressways really pushed prices up in the 'Ready to Move' corridor. I remember hearing about Vaishali and Indirapuram areas getting a big boost, but I'm not sure which specific pockets saw the most appreciation. Was it closer to Delhi border or further inside? Did projects near the Eastern Peripheral Expressway also benefit? Managing property from afar is my main worry. Any reliable property manager suggestions for rent collection and maintenance? Power of attorney ke saath koi issues toh nahi aate? Need ground truth on actual ROI post-infra development. Has anyone seen good capital growth since 2020-21? Share your experiences, please.
#ghaziabad#ready-to-move#infrastructure-impact#nri-investment#property-management
Comments
Ahinsa Khand 1 sounds good, but budget ka issue hai for me. What about areas like Abhay Khand? Is it more affordable but still has good connectivity? And for the original poster, did anyone find a good property manager? I'm also planning to buy and might need one eventually.
Eastern Peripheral Expressway ka impact definitely hai, but mostly on plots and bigger projects further out, not so much on 'ready to move' apartments in Vaishali/Indirapuram directly. Those areas benefited more from metro connectivity. Current market mein, prices thode stabilize hue hain, earlier growth was insane. Builders are still holding onto high prices, but actual buyers are cautious. Achchheja area ke paas kuch new projects hain, wahan thoda scope dikh raha hai for future appreciation, but risk bhi zyada hai.
Dubai se manage karna is a huge headache. Property managers are rarely reliable, I've heard too many horror stories. Power of Attorney (POA) ke saath bhi bahut issues aate hain, especially agar selling ya major decisions lene hon. Make sure you trust the person blindly. Mere ek relative ka experience bahut bura raha hai.
Professional services are expensive and often useless. Mera toh tenant bhi time pe rent nahi deta, manager kya karega! Poora sar dard hai yaar.
Sahi keh rahe ho. POA is tricky. Better to get a family member or a very close friend to handle it. For property management, there are a few professional services now, but they charge a hefty commission. Look for ones with good reviews specific to Ghaziabad, maybe even ask for RERA registration details for the company.
Bhai, you're absolutely right about the infra impact. Vaishali aur Indirapuram mein toh prices skyrocket ho gaye hain, especially jo projects metro ke paas hain. I saw good appreciation in my friend's flat near Shipra Mall in Indirapuram. Capital growth toh definitely hua hai since 2020-21.
U2, I can tell you my experience. I bought a 2BHK in Ahinsa Khand 1, Indirapuram, in late 2020 for 65L. Now similar units are going for 85-90L. That's a solid 25-30% growth in less than 4 years. Of course, maintenance aur property tax lagta hai, but rental yield bhi improve hua hai. My tenant pays 20k now, earlier it was 15k. So, ROI is there, no doubt.
Skyrocket? Really? Mujhe toh lagta hai bas paper pe dikhta hai. Actual ROI kitna mila hai after all expenses like maintenance and property tax?