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Key factors encouraging investment in Indirapuram, Ghaziabad

 Witnessing tremendous growth in the last decade, Indirapuram has come a long way in terms of infrastructure, civic amenities, and housing demand. The area boasts of an ample supply of ready homes and has emerged as one of the sought-after localities in Ghaziabad. Check out the key growth stimulators that continue to encourage investment in Indirapuram!

About seven to eight years ago, the residential societies in Indirapuram had a few takers since the infrastructure was still in the developing phase. Moreover, the distance from the central parts of Delhi was also a concern for prospective homebuyers. Yet, over a period of time, the fortunes of this area have changed. With the rapid development of infrastructure and improved connectivity, Indirapuram has become one of the fastest-growing areas in Delhi NCR. The area is especially popular with end-users working in different parts of Noida.

A residential and rental hotspot

Indirapuram has emerged as a self-sufficient area with numerous residential societies, schools, hospitals, shopping malls, markets, parks, and entertainment avenues. Vikas Bhasin, Managing Director, Saya Group says, “Given the pace of development, both in terms of infrastructure and connectivity options, Indirapuram has become the best district of Ghaziabad over the years.” When it comes to residential development, Indirapuram houses ample residential apartments and builder floors. Homes measuring up to 1,000 sq ft in 2 BHK and 3 BHK configurations are available in plenty in this locality.

With an annual appreciation of around eight percent, the average property value in Indirapuram is around Rs 6,000 per sq ft. Ahinsa Khand and Vaibhav Khand are the two popular areas in Indirapuram, housing a large number of residential societies. Shakti Khand and Gyan Khand are some other sought-after locales that are known for their builder floors. The average home-buying rates in these localities hover around Rs 5,000-6,500 per sq ft. Witnessing tremendous growth in the last decade, Indirapuram has come a long way in terms of infrastructure, civic amenities, and housing demand. The area boasts of an ample supply of ready homes and has emerged as one of the sought-after localities in Ghaziabad. Check out the key growth stimulators that continue to encourage investment in Indirapuram!

About seven to eight years ago, the residential societies in Indirapuram had a few takers since the infrastructure was still in the developing phase. Moreover, the distance from the central parts of Delhi was also a concern for prospective homebuyers. Yet, over a period of time, the fortunes of this area have changed. With the rapid development of infrastructure and improved connectivity, Indirapuram has become one of the fastest-growing areas in Delhi NCR. The area is especially popular with end-users working in different parts of Noida. 99acres looks at various factors driving investment to Indirapuram.

A residential and rental hotspot

Indirapuram has emerged as a self-sufficient area with numerous residential societies, schools, hospitals, shopping malls, markets, parks, and entertainment avenues. Vikas Bhasin, Managing Director, Saya Group says, “Given the pace of development, both in terms of infrastructure and connectivity options, Indirapuram has become the best district of Ghaziabad over the years.” When it comes to residential development, Indirapuram houses ample residential apartments and builder floors. Homes measuring up to 1,000 sq ft in 2 BHK and 3 BHK configurations are available in plenty in this locality.

Reasons to invest in Indirapuram

Here are some of the major factors for considering an investment in Indirapuram:

  • NH-24: The first major factor that works in favour of Indirapuram is its proximity to NH-24. The stretch ensures easy access to other areas of Delhi NCR. Besides, infrastructure projects such as the Delhi-Meerut Expressway and the widening of the national highway have further propelled the growth in the region.
  • Proximity to Noida: Indirapuram is situated opposite to Noida Sector 62, an established manufacturing and corporate hub. It is also within easy reach from prominent sectors, such as Sectors 57, 58, 59, 60, 61, 63, 64, and 65. These areas are the bustling markets of Noida, comprising many retail outlets and office spaces of private and government organisations. This has made Indirapuram a popular choice among working professionals in Noida.
  • Resale market: Owing to its strategic location and connectivity, Indirapuram’s resale market has fared well and yielded high returns for investors. Rupesh Gupta, Director, JM Housing says, “Secondary buying becomes visible in regions where first-hand users have had a good experience of residing due to various factors, such as connectivity, location, infrastructure, price dynamics, return on investment and quality of construction. These factors have been prominently visible in the case of Indirapuram’s resale market due to which purchases in the secondary market are quite evident in the locality."
  • Developed Infrastructure: Well-developed infrastructure of Indirapuram is another major advantage that encourages homebuyers. The area is home to leading schools, hospitals and retail establishments, such as Shipra Mall, Aditya Mall, and Jaipuria Mall. Some prestigious schools having branches here include DPS, St Francis, St Thomas, Presidium, Cambridge, and Maple Bear.
  • Presence of reputed developers: Developers were quick to realise the locational and infrastructure capabilities of Indirapuram. Anticipating the area’s huge potential and future growth, they launched residential projects here that featured a wide range of modern amenities. The area’s skyline is dominated by many high-rises by developers, such as ATS Infrastructure Ltd, Amrapali Group, Gaurs Group, Mahagun Group, and Supertech Group.
  • High rental demand: The rental market in Indirapuram has been performing consistently well over a period of time. Owing to its proximity to the commercial and business centres of Noida, the demand for rented apartments in the area has surged considerably. This is also due to a significant migrant population willing to stay in a place that is close to their office. A 1 BHK in Indirapuram is available for rent at Rs 7,500-10,000 per month. The rental rates for 2 BHK and 3 BHK units are Rs 15,000-25,000 per month and Rs 25,000-35,000 per month, respectively.
  • Projects in the pipeline: The Ghaziabad Development Authority (GDA) has approved the proposal to extend the Blue line of the Delhi Metro from Vaishali to Mohan Nagar in Ghaziabad. Once operational, the metro line would act as a boon for the real estate market in Indirapuram. The extension of the metro line from Noida Electronic City to Sahibabad will also be an important project for this locality. The metro stations on this route are proposed at Vaibhav Khand, Shakti Khand, and DPS school in Indirapuram.

The popularity of gated societies in Indirapuram

Opposed to builder floors, gated societies in Indirapuram see the maximum demand from buyers. Explaining the reason for this preference, Ashok Gupta, CMD, Ajnara India Ltd says, “Gated societies are more in demand as people feel secure inside a society. The presence of several amenities, such as a clubhouse, play areas and shops, among others, help residents access the daily essentials within the safe premise and avoid stepping out. "

Further, former and existing residents living as tenants or owners have rated Indirapuram as 4.5 out of five on various parameters. These ratings received on the Reviews and Ratings platform are genuine and reflect the liveability quotient of the area. Reviewers praised Indirapuram’s connectivity and lifestyle the most as many food joints, shopping complexes and daily essentials are easily available. Public transport plying day and night also adds to the convenience. Plus, linking roads are well-maintained, ensuring quick access to other parts of the city

However, when investing in a property, it is best to consult a seasoned realty expert. Property investment is a humongous decision, hence, it is prudent to conduct thorough research and ensure that all property documents are authentic to avoid delinquencies later.


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