Vijay Nagar, Ghaziabad

vijay nagar colony is one of the most notable suburb in the Ghaziabad, uttar pradesh, india. developed in co-ordination with ghaziabad development authority, the colony is located at the junction of noida, crossings republik, Indirapuram, greater noida, and pratap vihar. the locality has witnesses a widespread growth in terms of infrastructure and civic development. the real industry has witnessed a similar boost in the past decade.

the average cost of residential places in the locality is around 2,200 - 58,333 / sq.ft. around 57% of the properties on sale lie in the range between 20 lakhs - 50 lakhs while nearly 50% of the rental properties lie in the range between 5,000 - 15,000. the most common property type in the locality includes builder floor apartments, residential houses, villas and commercial shops.

key highlights:

• a major industrial, residential, and commercial area in ghaziabad.

• excellent connectivity to nearby major localities via rail, road and metro.

• vijay nagar colony is proposed to get a planned infrastructure project to uplift the area under new uttar pradesh smart cities plan.

whats great? 

• adequate social amenities like parks and hospitals and public library are located nearby at a walking distance.

• measures have been taken to prevent load shedding in the area. hence, frequent power cuts have drastically reduced.

• electric multiple unit (emu) has proved to be a very popular train configuration for sub urban travel.

whats not great? 

• pollution levels are higher due to continuous construction of new plans, roads and maintenance

• traffic jams during rush hours due to congestion of vehicles and small roads.

• streets encroached by hawkers during evening hours and on weekend markets.

Watch out for?:

• the new railroad bridge in ghaziabad dhobi ghat which was all set to be completed by 2018

• the proposed expansion of metro lines has included vijay nagar colony along with nh 24.

property rising factor:

short term - upcoming projects due to new uttar pradesh smart cities plan which includes vijay nagar to a larger extent. excellent connectivity along with adequate transport facilities and easy in commutation 

long term - various it hubs and employment avenues are located nearby and are also easily accessible. following the footsteps of emu services in mumbai, popularly known the local train services, the delhi - ghaziabad emu has become a popular feeder at all the prominent locations in between

other highlights:

social infrastructure - vijay nagar colony is a prime residential area having social amenities located nearby. prestigious educational institutions, notable health care facilities and multi-specialty hospitals are all located at a short distance.

shopping complexes & markets -

• f block market

• fashion market

• 1- india family mart

• more mall

• ghaziabad market

health care centres -

• kothari hospital

• rani ghai clinic

• tripathi hospital

• jeevan jyothi hospital

• pt. sunderlal sharma multispeciality hospital

• khatri nursing home

connectivity and public transport -

• delhi- ghaziabad emu

• nh-24 highway is located nearby

• various e-rickshaws and auto rickshaws are available at frequent intervals

• ghaziabad junction railway station

• hindon airport

schools, banks and fitness centres -

schools:

• rose bell public school

• m.p public school

• indian public school

• maharaja convent school

banks:

• idbi bank

• central bank of india

• dcb bank

• state bank of india

• union bank of india

fitness centres:

• richa fitness & aerobic centre

• platinum fitness space

• ultimate gym and fitness centre

popular landmarks near locality

• upsidc Industrial Area

• rathi mill

• samraat chowk

micro market analysis:

capital and rental trends - property price trend analysis have shown vijay nagar colony having a rising graph over the past few years. this year, it registered a growth of over 12%. a 2 bhk apartment in this locality costs around 20 lakhs to 65 lakhs. renting a 2 bhk apartment would cost around 8,000 - 15,000.

scope of growth - the proposed metro station and expansion of metro lines have paved a better future for the colony. a well connected road network easing accessibility have added to the positive sides of the rising projects in this locality.

investment opportunities - the price trend analysis recommends the purchase of a 1 bhk apartment. the trend expects a steady increase in the near future due to the positive scope of growth for the region.