Property rates in NH 24 average ₹6,850 per sq ft, reflecting a stable market environment for investors and homebuyers. The locality maintains a consistent price level, with premium projects like Divyansh Skardi Greens leading the market at ₹8,000 per sq ft. With 2 BHK apartments in the area fetching average monthly rents of ₹16,200, the region offers a balanced mix of residential stability and steady rental demand for potential property owners.
Insights for NH 24, Ghaziabad Real Estate Market Overview
The NH 24 property market in Ghaziabad presents a nuanced landscape characterized by a steady average asking price of ₹6,850 per sq ft. While price trends have remained relatively flat over the recent quarters, the region continues to attract attention through a diverse range of ready-to-move and new launch residential options. Rental demand is equally notable, with apartment units consistently drawing interest across various established pockets. Developers are actively contributing to the area's growth, balancing the supply of high-end suites with more accessible residential projects.
Current property rates for apartments in NH 24 hold firm at ₹6,850 per sq ft.
Ready-to-move inventory is currently priced at an average of ₹5,800 per sq ft.
Divyansh Skardi Greens stands out as a premium project with rates reaching ₹8,000 per sq ft.
Rental rates for apartments across key sub-localities like Rajendra Nagar average ₹50 per sq ft.
New launch projects are entering the market at a competitive entry point of ₹5,050 per sq ft.
Market Strengths
Strong premium segment with top projects reaching up to ₹8,000 per sq ft.
Consistent demand for 2 BHK apartment rentals across the locality.
Established residential pockets like Lajpat Nagar command high value at ₹7,600 per sq ft.
Diverse price range catering to both luxury and budget-conscious buyers.
Stability in apartment pricing with a positive growth trend of 0.45%.
Market Challenges
Certain sub-localities like Bhopura have experienced a price correction of -11.51%.
Ready-to-move projects have seen a slight average price decline of -1.59%.
Aditya Luxuria Estate has witnessed a price adjustment of -3.71%.
Investment Opportunities
Ready-to-move inventory at ₹5,800 per sq ft offers immediate occupancy potential.
New launch projects at ₹5,050 per sq ft present a lower entry price for long-term appreciation.
2 BHK apartments provide a consistent rental income stream averaging ₹16,200 per month.
Sub-localities like Gt Road and Indraprastha Yojna offer low-cost entry points below ₹3,000 per sq ft.
Top Localities in NH 24, Ghaziabad
Shalimar Garden Extension I
Avg Price₹ 4,350 /sqft
Avg Rent₹ 13 /sq
ft
YIELD
+ 3.59
LISTINGS
518
Vikram Enclave
Avg Price₹ 3,850 /sqft
LISTINGS
3
Price Trend
NH 24, Ghaziabad Property Price Trends and Appreciation
The property market in NH 24 has shown a consistent valuation, maintaining an average rate of ₹6,850 per sq ft as of March 2026. This stability follows a period where rates hovered between ₹6,850 and ₹6,950 per sq ft, indicating a resilient price floor for the area. Investors can observe a steady trend that reflects long-term confidence in the location's residential appeal.
NH 24 features a wide spectrum of sub-localities, each offering distinct price points for prospective buyers. Lajpat Nagar and Chander Nagar command premium rates of ₹7,600 and ₹7,300 per sq ft, respectively, reflecting their established status. Meanwhile, Rajendra Nagar remains a popular choice at ₹5,600 per sq ft, while more budget-friendly options are available in areas like Indraprastha Yojna at ₹2,950 per sq ft and Gt Road at ₹2,650 per sq ft.
The residential market in NH 24 is primarily driven by apartment-style living, which currently averages ₹6,850 per sq ft. This segment has seen a marginal growth of 0.45%, highlighting a steady demand for modern residential units in the region. Buyers focusing on apartments can find options that cater to both premium lifestyle needs and standard housing requirements.
Premium residential developments in NH 24 are setting high benchmarks, with projects like Divyansh Skardi Greens commanding ₹8,000 per sq ft. Palm Marina Suites follows closely, priced at ₹7,300 per sq ft, while Wave City Swamanorath offers a balanced value at ₹6,750 per sq ft. These top-tier projects, alongside SARE Springview Heights at ₹6,400 per sq ft, define the aspirational segment of the local real estate market.
Project Name
Rate (₹/sq.ft)
Change %
Palm Marina Suites, Nh 24
21
-
Wave City Swamanorath, Nh 24
20
-
Aditya Luxuria Estate, Nh 24
16
14.3
Top projects in NH 24 are actively participating in the rental market, with Palm Marina Suites and Wave City Swamanorath reporting competitive rental rates of ₹21 and ₹20 per sq ft, respectively. Aditya Luxuria Estate has also shown positive momentum, with a notable rental growth of 14.29% recently.
Rental Trends
Rental Trends and Average Rent in NH 24, Ghaziabad
The rental market in NH 24 is characterized by steady demand for 2 BHK apartments, which currently average ₹16,200 per month. This consistent pricing reflects the area's popularity among families and working professionals seeking reliable residential options. Rental rates across major sub-localities in NH 24, including Shalimar Garden and Rajendra Nagar, hold steady at an average of ₹50 per sq ft. While most areas maintain stable rental values, some sectors like Rajendra Nagar have shown a positive growth of 6.67% in rental interest. Top projects in NH 24 are actively participating in the rental market, with Palm Marina Suites and Wave City Swamanorath reporting competitive rental rates of ₹21 and ₹20 per sq ft, respectively. Aditya Luxuria Estate has also shown positive momentum, with a notable rental growth of 14.29% recently.
The rental market in NH 24 is characterized by steady demand for 2 BHK apartments, which currently average ₹16,200 per month. This consistent pricing reflects the area's popularity among families and working professionals seeking reliable residential options.
Rental rates across major sub-localities in NH 24, including Shalimar Garden and Rajendra Nagar, hold steady at an average of ₹50 per sq ft. While most areas maintain stable rental values, some sectors like Rajendra Nagar have shown a positive growth of 6.67% in rental interest.
Frequently Asked Questions About Property Rates in NH 24, Ghaziabad
What is the current average asking price in NH 24?
As of March 2026, the average asking price in NH 24 is ₹6,850 per sq ft. This figure reflects a modest appreciation of 0.45% compared to previous periods, indicating a stable and resilient demand for residential apartments in this locality.
How have property price trends in NH 24 moved over the last year?
Property price trends in NH 24 have shown a trajectory of stability, with the average asking price recorded at ₹6,850 per sq ft in March 2026, consistent with the rate in December 2025. Looking back further, the rates shifted from ₹6,950 per sq ft in June 2025 to ₹6,900 per sq ft in September 2025, suggesting that the market has maintained a steady price floor for buyers and investors over the past three quarters.
How do property rates in NH 24 compare to nearby neighbourhoods?
Property rates in NH 24 vary significantly when compared to surrounding areas in Ghaziabad. As of March 2026, Lajpat Nagar commands a higher average asking price of ₹7,600 per sq ft, having appreciated by 28.67%, while areas like Bhopura have seen a depreciation of 11.51% to reach ₹3,850 per sq ft. Other localities like Shalimar Garden have experienced strong growth, appreciating by 21.47% to ₹5,350 per sq ft, highlighting the diverse investment landscapes available within the broader Ghaziabad market.
What is the price difference between Ready To Move and New Launch properties in NH 24?
As of March 2026, Ready To Move properties in NH 24 are priced at an average of ₹5,800 per sq ft, which reflects a depreciation of 1.59% compared to previous periods. In contrast, New Launch projects are currently priced at ₹5,050 per sq ft, a rate that has remained stable with 0% change, offering a different entry point for buyers who prioritize current availability versus future development.
Which projects in NH 24 currently have the highest listing rates?
As of March 2026, Divyansh Skardi Greens leads the market with a listing rate of ₹8,000 per sq ft, having appreciated by 7.66%. Other premium options include Palm Marina Suites at ₹7,300 per sq ft (up 0.32%) and Wave City Swamanorath at ₹6,750 per sq ft, which has seen an appreciation of 6.40%. These projects represent the higher end of the pricing spectrum in NH 24, reflecting their specific amenities and market positioning.
What is the typical rental rate for a 2 BHK apartment in NH 24?
As of March 2026, a 2 BHK apartment in NH 24 commands an average rent of ₹16,200 per month. This data point provides a clear benchmark for tenants and landlords looking to understand the current rental landscape for mid-sized residential units in the area.
How do rental rates compare across different micromarkets in the NH 24 region?
Rental rates across the NH 24 region are currently uniform at ₹50 per sq ft in many localities, though their growth trajectories differ. For instance, while Rajendra Nagar and its sectors have seen an appreciation of 6.67% in rental rates, areas like Shalimar Garden have faced significant depreciation, with rates dropping by 36.84% in the main locality and 18.75% in Shalimar Garden Extension I as of March 2026.
Which projects in NH 24 are the most prominent for renters?
As of March 2026, top projects for renters in NH 24 include Palm Marina Suites at ₹21 per sq ft and Wave City Swamanorath at ₹20 per sq ft, both of which have maintained stable rental rates with 0% change. Additionally, Aditya Luxuria Estate is currently listed at ₹16 per sq ft, having seen an appreciation of 14.29%, making it a notable option for those tracking rental growth in the locality.
How should a buyer interpret the price stability in NH 24?
The current price stability in NH 24, where the average asking price has held at ₹6,850 per sq ft between December 2025 and March 2026, suggests a balanced market environment. For buyers, this indicates a period of price consolidation where the risk of rapid, unpredictable inflation is currently low, providing a predictable window for making informed investment or home-buying decisions.
Is the NH 24 real estate market currently better suited for end-users or investors?
The NH 24 market presents a mix of opportunities for both segments, depending on the project status and location. With Ready To Move properties priced at ₹5,800 per sq ft and a variety of new launches available, end-users can find immediate housing options, while investors can monitor the appreciation trends in specific projects like Divyansh Skardi Greens, which saw a 7.66% increase, to identify potential for capital growth.
