Property Rates in NH 24, Ghaziabad

The NH 24 property market in Ghaziabad is characterized by a dynamic residential landscape, with an average asking price of ₹6,601 per sq ft. Analysis of quarterly price trends reveals an interesting pattern: the average location rate saw an upward trajectory from ₹6,744 per sq ft in March 2025 to ₹6,941 per sq ft by June 2025, followed by a minor adjustment to ₹6,833 per sq ft by December 2025. This suggests a period of growth stabilizing towards year-end, with the current asking price indicating a slight downward adjustment from the last recorded quarter. Within NH 24, property rates vary significantly across localities. Shalimar Garden stands out with an impressive 18.75% appreciation, reaching ₹5,345 per sq ft, while Rajendra Nagar Sector 5 also saw robust growth at 17.85%, priced at ₹4,852 per sq ft. Conversely, areas like Gt Road experienced a substantial decline of 44.4%, currently at ₹2,585 per sq ft, and Shalimar Garden Extension I saw a 12.01% drop. The market is predominantly driven by the apartment segment, which averages ₹6,601 per sq ft and has seen a minor dip of 3.4%. The supply side is largely dominated by 'Ready To Move' properties, with 9 units available at an average of ₹5,746 per sq ft, despite a 5.05% decrease in price. Leading projects such as Divyansh Skardi Greens command premium asking prices of ₹7,431 per sq ft, although it experienced a 13.82% reduction. Projects like Sare Springview Heights and Aditya Luxuria Estate show strong positive price changes, indicating investor confidence. The absence of recent government registration data and specific transaction metrics for top projects and developers suggests a need for more transparent transaction reporting to fully gauge market liquidity and actual sales volumes.