Surge in Demand for Commercial Shops in Ghaziabad

• @kw
• 03 Apr 2020

Ghaziabad is a gateway for Delhi and growing as a business hub in last two decades. Modernizations of the city has accelerated after inclusion of Ghaziabad in Delhi NCR with  Metro Rail line extended connecting through Noida- Delhi route, Construction of express ways and elevated roads, Revamping of Hindon river and opening of Commercial Airport has boosted demand of Commercial shops in Ghaziabad. Raj Nagar Extension in Ghaziabad is one of the most promising locations for commercial shops. There are many commercial projects being built to cater the rising demands of Commercial shops in Ghaziabad.

Large number of PAN India retail brands are opening their retail outlet in upcoming malls seeing the potential of the location.KW Delhi 6 being built in Raj Nagar Extension is one such project where more than 50% of its shop area has already been booked by mega retail brands like Reliance Smart, Louis Philippe, LIBAS, Van Heusen, Himalaya, Moti Mahal, Kiaasa, PETER ENGLAND, Allen Solly, Elini, Nirula’s, WOW momo, Chai Thela, Bread Crumbs, Being Human, BR Baskin Robbins, Raymond’s, Park Avenue and many more. The commercial viability of Ghaziabad is very high for investors. Many investors are investing money to acquire commercial spaces for earning regularly from rents and to take advantage for Capital gains. It is expected that with large number of housing projects and fast track development of Govt. projects for improving infrastructure, the property prices are going to escalate exponentially in future. Thus it is the best time for investors to invest in Commercial properties in Ghaziabad, especially in the new development area like Raj Nagar Extension which connects to NH 58, close to Metro Railway stations, Elevated expressways, Commercial Airport.

Ghaziabad has become a growth center in Delhi NCR after Guru Gram which has experienced tremendous growth in last two decades. Now Ghaziabad is showing the similar trend attracting the customers. The price of commercial shops is still much lower that the commercial shops in Delhi, Noida and Guru Gram. The customers who are coming forward as investors are expecting few fold increase in price in a few years. Even the property consultants feel that the commercial shop prices will show upward trend and in short time will equal prices of Noida & Guru Gram.