Indirapuram Offering Opportunities for Long Term Investors as Well as Home Buyers


Close to NH-24 and across the river Hindon, Indirapuram, also known as New Ghaziabad, offers immense opportunities for homebuyer to grab a house of their choice. It not only provides facilities for current needs but is also a good option for people looking at long-term investment.
Indirapuram has good road connectivity; it is around 6km from Akshardham and Connaught Place is 25km away. Noida’s Electronic City, home to a number of software majors and educational institutions, is right across the highway, while Kaushambi and Ghaziabad are on a 10-minute drive.
The place has schools like Amity Vasundhara, Cambridge, Delhi Public School, and Father Agnel. There are many clinics here, though the nearest hospital, Fortis, is in Sector 62, Noida. Some other hospitals in the vicinity are Shanti Gopal and Pushpanjali Crosslay.
Real estate experts are touting it as one of the best locations for investment. The best thing about the place is that facilities like malls, hospitals and good schools are in a radius of a few kilometers of -the area. Indirapuram has also triggered a lot of infrastructural development in retail and hospitality sectors, in and around. The Metro connectivity has made the place all the more alluring for homebuyers.
Indirapuram’s real estate market is a little below saturation and offers strong potential for new projects. Demand for residential apartments has been very high in the area and till now supply had been adequate. Indirapuram has managed to respond well to the influx of people. The scene, however, is changing and supply is slowly straining to resulting in prices going north.
Projects of many builders like Antriksh, Vasundhara, Gaursons, Mahagun, Amrapali, Ashiana, Supertech, Parsvnath, Express Builders, Krishna Apra, Jaipurias, Assotech, Agarwal Associates, SVP, etc, are in various stages of completion or already completed. There are a total of 90 projects – 66 have been completed and 24 under construction – with an occupancy rate of 72%. Rates of these over 26,394 flats vary between Rs 1,900 and Rs 4,200 per sq ft.
Rakesh Yadav, the managing director of Antriksh Group, says: “Indirapuram gives a homely look, as it is a residential colonization. This does not mean that Noida sectors are not livable, but Indirapuram has the upper hand when it comes to the choice of buyers, who want to shift to their new homes immediately. The area also has an influx of people whose offices are in Noida. As livable sectors of Noida are a little costlier, people are investing in Indirapuram.”
Dujendra Bhardwaj, the director of JMD Realty Pvt Ltd, says: “As the demand of this area is growing, Indirapuram is the place to invest. Also, the location is very good for living as it’s fully inhabited. Being close to Noida, all the amenities and other commercial establishments are already in place and easily accessible.”
Rakesh Yadav, the managing director of Antriksh Group, says: “Location not only defines your status but also provides you value for money. Remember, you can improve the property that you have but you cannot move the location. Once you have chosen a location you have to live with it unless you decide to sell off your dream home.”
D K Singh, the managing director of Vasundhara Group, says: “Buyer’s interest is reviving in real estate, as supply is reaching the market. However, it is important that buyers select a project in a good location.”


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