Ghaziabad seemed to have done better than Faridabad in terms of infrastructure and even valuation. While properties in Ghaziabad are valued at anything between Rs 4,000 to Rs 5,000 per sq ft, prices in Faridabad they start at Rs 3,000 per sq ft.
Experts also expect momentum to pick up in the property segment. “There will be actual execution, creation of world-class facilities; impact of flow of money from overseas markets, there will be momentum in the market post the announcement.
As of now Ghaziabad is primarily an end-user as well as for long term investment purpose.
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