Vaishali station is considered to be one of the busiest stations present in the Delhi Metro. It not only serves this micro market, it also serves areas such as Kaushmbi, Indirapuram and Vansundhara. When an area receives metro connectivity the area’s real estate also automatically grows. The going rate for properties which are with a 2 km radius from a metro station tends to appreciate by about 20 to 30% over time. This is true of properties such as plots in Vaishali. The prices for properties here steadily climbed up from 2011.
2 BHK flats in Vaishali are the most sought after. This is followed by both 1 and 3 BHKs. The most preferred unit size for apartments here falls between 751 and 1000 square feet. This is followed by the 1001 and 1250 square feet range. This shows that buyers here seem to prefer compact apartments. The most preferred budget range for properties here falls between INR 30 to 40 lakhs.
The lands for sale in Kaushambi are available in an affordable price. Per square feet buyers here are willing to spend anywhere between INR 4501 to 5000 on properties here. This is followed by the INR 4001 to 4500 per square feet range.
Experts feel that property rates in Vaishali peaked about 5 years ago. Though there is talk of the fact that Vaishali is moving towards saturation, the area still ranks among the top areas to look out for Ghaziabad. Properties such as lands for sale in Vaishali Sector-4 will always be a hot commodity among property seekers.