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Insights for NH 24, Ghaziabad Real Estate Market Overview

The NH 24 property market in Ghaziabad is defined by a mix of immediate occupancy options and evolving residential segments. Price trends have shown volatility over the past year, yet the overall market sentiment remains resilient as infrastructure connectivity continues to improve. Rental activity is particularly robust, with various sectors like Shalimar Garden and Rajendra Nagar maintaining steady average rates of ₹50 per sq ft. Developers are focusing on balancing inventory levels to meet the diverse needs of homebuyers and tenants alike.

  • Ready-to-move properties command an average price of ₹6,200 per sq ft, reflecting a 5.88% growth in value.
  • New launch projects are currently priced at ₹5,450 per sq ft, showing a steady 1.48% increase.
  • Rental rates across several key sub-localities, including Shalimar Garden Extension I and Rajendra Nagar, hold firm at ₹50 per sq ft.
  • Apartment segments have experienced a price adjustment of -5.03%, providing potential entry points for value-conscious buyers.

Market Strengths
  • Ready-to-move inventory shows robust value growth of 5.88%, underscoring buyer preference for completed units.
  • Rental rates are highly stable across multiple localities, providing predictable income streams for landlords.
  • The 44.44% surge in rental rates at Shalimar Garden Extension I demonstrates high-growth pockets within the region.
  • New launch projects continue to see steady appreciation of 1.48%.
  • Diverse inventory options ranging from new launches to ready-to-move units cater to varied investment strategies.
Market Challenges
  • Apartment segment pricing has experienced a -5.03% change, reflecting recent market softening.
  • Select sub-localities including Rajendra Nagar Sector 3 and Shyam Park Extension have seen a -6.25% change in rental values.
Investment Opportunities
  • Ready-to-move projects show a strong 5.88% price appreciation, indicating high demand for immediate possession units.
  • New launch projects at ₹5,450 per sq ft offer a lower entry price point compared to the broader apartment market.
  • Sub-localities like Shalimar Garden Extension I recorded a significant 44.44% increase in rental rates, highlighting strong tenant demand.
  • Rental income potential remains consistent across diverse localities with a stable average of ₹50 per sq ft.
Top Localities in NH 24, Ghaziabad

Shalimar Garden Extension I

Avg Price ₹ 3,500 /Sq.Ft.
Avg Rent ₹ 9 /Sq.Ft.
YIELD + 3.09
LISTINGS 136

Vikram Enclave

Avg Price ₹ 3,850 /Sq.Ft.
LISTINGS 2
Price Trend

NH 24, Ghaziabad Property Price Trends and Appreciation

The NH 24 market has experienced notable shifts in quarterly pricing. After reaching a peak of ₹7,350 per sq ft in mid-2026, values adjusted to ₹7,000 per sq ft by September 2026. This follows a period of growth earlier in the year, with rates climbing from ₹6,850 per sq ft in late 2025 to reflect the evolving demand profile of the area.
Asking Price Trends
₹ 7,350/Sq.Ft + 7.07 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 7000
Jun 2026 7350
Mar 2026 6850
Dec 2025 6850
About Asking Price Trends
NH 24 Property Price Comparison
  • By Property Type
  • By Property Status
Type Rate (₹/Sq.Ft) Change %
Apartment 7,000 -5
NH 24's residential landscape is primarily anchored by the apartment segment, which currently averages ₹7,000 per sq ft. This category has seen a market adjustment of -5.03%, creating a more accessible entry point for prospective homeowners looking to invest in this well-connected Ghaziabad corridor.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 8 6,200 5.9
New Launch 3 5,450 1.5
The market offers a clear distinction between inventory stages to help buyers align their purchase with their timeline. Ready-to-move properties, which include 8 active units, average ₹6,200 per sq ft and have seen a healthy 5.88% increase in value. Meanwhile, new launch projects are priced at a more competitive ₹5,450 per sq ft, recording a 1.48% growth as they attract interest from long-term investors.
Rental Trends

Rental Trends and Average Rent in NH 24, Ghaziabad

The residential rental market features 2 BHK apartments, which command an average monthly rent of ₹16,350, serving as a core segment for tenants in the locality. Rental rates are remarkably consistent across NH 24, with most sub-localities like Shalimar Garden, Rajendra Nagar, and Mohan Nagar averaging ₹50 per sq ft. Notably, Shalimar Garden Extension I has seen a robust 44.44% increase in rental value, while Rajendra Nagar and Rajendra Nagar Sector 5 also posted gains of 17.65% and 14.29% respectively. Top projects such as Palm Marina Suites and Wave City Swamanorath are key contributors to the rental landscape, with rental rates of ₹21 per sq ft and ₹20 per sq ft respectively. Aditya Luxuria Estate also remains a notable performer, with its rental rate increasing by 14.29% to reach ₹16 per sq ft.
NH 24 Rent Comparison
  • By Unit Type
  • By Location
Unit Type Rate (₹)
2 Bhk 16,350
The residential rental market features 2 BHK apartments, which command an average monthly rent of ₹16,350, serving as a core segment for tenants in the locality.
Rental rates are remarkably consistent across NH 24, with most sub-localities like Shalimar Garden, Rajendra Nagar, and Mohan Nagar averaging ₹50 per sq ft. Notably, Shalimar Garden Extension I has seen a robust 44.44% increase in rental value, while Rajendra Nagar and Rajendra Nagar Sector 5 also posted gains of 17.65% and 14.29% respectively.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around NH 24, Ghaziabad

Avg. Asking Price ₹ 8,300 /Sq.Ft
Avg. Asking Price ₹ 8,050 /Sq.Ft
Govt Registration Rate ₹ 600 /Sq.Ft
Avg. Asking Price ₹ 3,550 /Sq.Ft
Govt Registration Rate ₹ 1,150 /Sq.Ft

More insights about NH 24, Ghaziabad

FAQ

Frequently Asked Questions About Property Rates in NH 24, Ghaziabad

What is the current average asking price in NH 24?

As of Sep 2026, the average asking price in NH 24 stands at ₹7,350 per sq ft. This figure reflects a market that has appreciated by 7.07% over the observed period, indicating a steady demand for residential properties in this corridor.

How have property prices in NH 24 trended recently?

Property prices in NH 24 have shown a dynamic trajectory, with the location rate moving from ₹6,850 per sq ft in Dec 2025 to ₹7,000 per sq ft as of Sep 2026. While there was a peak in Jun 2026 at ₹7,350 per sq ft, the current rate of ₹7,000 per sq ft suggests a period of price adjustment following that short-term increase.

How do property rates compare between Ready To Move and New Launch projects in NH 24?

As of Sep 2026, Ready To Move properties in NH 24 are priced at an average of ₹6,200 per sq ft, having appreciated by 5.88% compared to previous periods. In contrast, New Launch projects are currently available at an average of ₹5,450 per sq ft, which reflects a modest appreciation of 1.48%. This price difference typically accounts for the immediate availability and lower risk profile associated with ready-to-move-in units.

What is the average rental rate for a 2 BHK apartment in NH 24?

As of Sep 2026, the average rental rate for a 2 BHK apartment in NH 24 is ₹16,350 per month. This price point serves as a key benchmark for tenants looking for functional residential spaces in the area, balancing affordability with the connectivity benefits of the NH 24 corridor.

Which projects in NH 24 command the highest rental rates?

Among the top projects in NH 24, Palm Marina Suites and Wave City Swamanorath currently lead with rental rates of ₹21 per sq ft and ₹20 per sq ft respectively, both showing stable pricing with a 0% change. Aditya Luxuria Estate also features prominently with a rental rate of ₹16 per sq ft, which has appreciated by 14.29% compared to the previous period, signaling growing tenant interest in this specific development.

How do rental rates vary across neighbourhoods near NH 24?

Rental rates across neighbourhoods near NH 24 are currently uniform at ₹50 per sq ft, though they exhibit different growth patterns. For instance, Shalimar Garden Extension I has seen a significant appreciation of 44.44%, while areas like Rajendra Nagar Sector 3 and Shyam Park Extension have experienced a depreciation of 6.25% as of Sep 2026. These variations highlight that while the base rental rate is consistent, market demand and local infrastructure developments influence the specific appreciation or depreciation trends in each sub-market.

How should a buyer interpret the price difference between apartment types in NH 24?

As of Sep 2026, the average asking price for apartments in NH 24 is ₹7,000 per sq ft, which has depreciated by 5.03% compared to the previous period. For potential buyers, this depreciation may represent a more favorable entry point into the market, suggesting that the current pricing is undergoing a correction that could benefit those looking for long-term value in this residential segment.

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