One of the top localities in Ghaziabad is Indirapuram which is an emerging realty destination in the National Capital Region (NCR). Created just 15 years ago, this new township has grown immensely over the years. Situated on the National Highway 24 (NH 24), its close proximity and good connectivity to Delhi has been the key reason for its rapid growth. A tributary of River Yamuna called River Hindon, passes through Indirapuram. The region is divided into various sectors, namely Nyay Khand, Ahinsa Khand, Vaibhav Khand, Niti Khand and more. Indirapuram is surrounded by Mirzapur in the east, Vasundhara in the north, IP Extension in the west and Sector 63 in the south.
Connectivity
ADVERTISING Distribution of Projects –
Indirapuram The locality is connected via the Ghaziabad Railway Station (8 km away) and Hazrat Nizamuddin railway station (18 km away) Vaishali Metro Station provides metro rail connectivity to Indirapuram Some of the major road links in and around the locality are Mohan Nagar Link Road, Vijaya Laxmi Pandit Marg, Pusta Road, NH 24 (Asian Highway 2) and Kaveri Marg Indira Gandhi International Airport in Delhi is situated 31 km away from Indirapuram Frequent buses by UPSRTC (Uttar Pradesh State Road Transport Corporation) further help the existing public transport system Two major bus transit points in Indirapuram include Shanti Gopal Hospital and DTC bus stop. Additionally Lohia Nagar bus station (12 km away) connects the residents with the bus networks from other cities
Infrastructure
Indirapuram boasts of excellent social infrastructure facilities in the region like malls, healthcare and educational institutes and entertainment centres Ghaziabad Development Authority (GDA) has planned and developed the area with proper basic amenities and necessities like sewage lines, roads, power supply and open areas. However certain sub localities face water and power shortage during peak summer Residents face frequent traffic jams during peak commuting hours but infrastructure projects like the proposed extension of the metro line to Noida, will provide much needed relief to the residents of Indirapuram Largely residential, certain pockets have been slowly developed into commercial zones to provide for the growing population of the region
Real Estate Scenario
Indirapuram is one of the preferred real estate markets in Delhi NCR because of its fast paced development and connectivity to New Delhi and Noida. Additionally mid income group buyers prefer this locality for its affordable price points compared to other localities in NCR One can invest in an apartment in Indirapuram for INR 5700 psft on average, depending on the amenities. Average rental rates for apartments hovers around the INR 15 psft per month mark In April 2015, there are close to 1000 ready to move in properties in Indirapuram- mostly 2BHK and 3BHK apartments, up for sale, followed by builder floor, plots and individual houses Luxury properties in Indirapuram like villas come for a higher price which ranges between INR 11,000 – 12,000 psft on average Plots come at an average price of INR 6100 psft, however the price is relative and changes as per the location and its proximity to important zones Indirapuram is nearly 70% residential but GDA plans to develop certain commercial zones in the region Evidently rental values of commercial properties that were around INR 30 to 40 psft during first quarter of 2014 and are now more than INR 50 psft per month
Source: India Property