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Property Management in Ghaziabad

Ghaziabad is a district in the state of Uttar Pradesh, India. It has a population of 4681452 as per 2011 census. It is located to the east of National capital Delhi. The city is well connected by road, rail, and metro rail to Delhi. National highway 24 or NH-24 passes through the heart of the city connecting national capital Delhi to state capital Lucknow.

Post independence, the city got the major industrial boost. The development and industrialization of the city can be attributed largely to the settlement of people who migrated from Pakistan post independence. And being in close proximity to Delhi and Noida, the city has also witnessed rapid urbanization and real estate sector has thrived on account of population growth and industrialization.

Property Management in Ghaziabad

Where in real estate development taking place in Ghaziabad?
Real estate is primarily happening in the micro markets of Indirapuram, Raj Nagar Extension, Vaishali, Vasundhara, NH-24, and Crossing Republik. About 180 group housing projects are under various stages of construction. Some of the projects have been completed and possession is handed over and some are in final stages of construction. The city provides ample opportunities for people to buy affordable homes in the range of 3000 – 3500 rupees per square feet.

Many people belonging to various other parts of the country settle in Ghaziabad and live on rental accommodation. Since Ghaziabad is very well connected to Noida and Delhi, people prefer to rent an apartment in the micro markets of Indirapuram, Vaishali, Vasundhara. All these micro markets have also witnessed commercial real estate development including malls, office complexes. Additionally, quality institutional development such as colleges, schools, learning centers, hospitals have come up in the city. The combination of physical infrastructure (such as highways, roads, and rail) and social infrastructure (such as colleges, schools, and hospitals) make Ghaziabad a perfect place to stay and invest in real estate market.

Many investors including first time home buyers, second home buyers, overseas Indians including Non resident Indians (NRI) and Person of Indian Origin (PIO) have invested in property market of the city. Going forward, with the improvement in the infrastructure and expansion of the city, the scope for realty investment is high in the city.


Why Property Management in Ghaziabad?
As mentioned earlier, many of the investors who have invested in flats and other kinds of property in the city are second home buyers, NRI, and PIO. And due to lack of time and availability or not being in close vicinity of their apartment, these investors keep the property locked and therefore lose out on potential rental income. The rental income could have boosted their investment returns. However, since they do not have time or people to look after the property, the property remains idle. This is where, NRI Property Management Services in Ghaziabad can be of great value to these investors, Non resident Indians.

We at Managed Homz, take care of the property and manage it by carrying out necessary property management tasks such as tenant search, screening, maintenance, repairs, rent collection, bills, resolve tenant queries, book keeping, housekeeping. The property owner can be living away or simply busy, but he/she can still earn regular income from his/her property in Ghazaiabd.

We are operational in all micro markets of Ghaziabad including Indirapuram, Vaishali, Vasundhara, Raj Nagar Extension, Crossing Republik, and upcoming localities in Ghaziabad.

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Master Plan 2021 Ghaziabad:
Keeping in mind the population growth in the city, Ghaziabad Development Authority has proposed following land use in master plan 2021.
Ghaziabad Master Plan 2021


Demand for housing:
Ghaziabad offers plenty of opportunities for home buyers to invest in affordable housing. Raj Nagar Extension, crossing republic, NH-24 are some of the micro markets wherein one can buy an apartment in affordable range. And Indirapuram, Vaishali, and Vasundhara continue to provide housing options in the mid segment. All in all, with improved connectivity, improved infrastructure, and population growth; the realty market in Ghaziabad will continue to see continuous demand.