Shipra Royal Tower

Hey folks, been doing some digging into Shipra Royal Tower in Ghaziabad, especially for those of us eyeing the resale market. This is a completed project by Shipra Group, a developer with a solid track record since the late 1980s, known for integrated townships and delivering over 8,200 residential units. Spanning 2 acres, units here are currently priced from ₹75.64 L to ₹1.58 Cr, averaging ₹10100 per sqft. The 'Completed' status is a significant advantage for immediate possession and reducing construction risk. The RERA status is N/A, which for a completed project often means it predates the RERA Act or was exempt, lessening its impact for current buyers compared to an under-construction property. For capital appreciation, Ghaziabad has shown steady growth in well-located, ready-to-move projects. An average price of ₹10100 per sqft suggests a premium positioning. Secondary market liquidity will depend on the specific unit and competitive pricing, but Shipra Group's reputation generally aids marketability. ROI for investors will hinge on the initial purchase price and potential rental yields. Overall, Shipra Royal Tower offers a stable, ready asset from an established builder. Investors should focus on individual unit pricing and rental potential. Liquidity might be moderate, but capital appreciation prospects in Ghaziabad remain positive.