Once the NH-24 expressway is fully operational

Once the NH-24 expressway is fully operational Property demand rise automatically.

Once the expressway is fully operational, prominent affordable housing areas like Crossings Republik and Greater Noida West would see demand rise automatically. In fact, the whole of Ghaziabad and Noida-Greater Noida regions would benefit from this.

Realty project in and around NH-24, especially Mayur Vihar Phase1, Mayur Vihar Phase 2, Pandav Nagar, Patpadganj, Laxmi Nagar, and Anand Vihar of Delhi region, and Kaushambi, Vaishali, and Ramprastha of Ghaziabad area will see a rise in demand, together with price.

The current project will convert a 19.2km-long stretch of NH-24 into a 14-lane expressway (8 lanes of the normal highway, 6 lanes of the expressway, and 2.5 meters of bicycle track on both sides), along with 6 foot-underpasses and 13 vehicle underpasses. The project will cost around Rs 1,998 crore.

New pockets like Greater Noida West and Siddharth Vihar would emerge as affordable housing destinations, as the cost of units is very low in these regions. Once settlement starts, commercial real estate will also pick up the pace, to fulfill the demand from residents.

Homebuyers looking for 2-, 3-, and 4BHK flats along NH-24 have lots of options in the price range of Rs 2,800-3,500 per square feet, depending on the location.

Top developers like Antriksh, Aditya, Gaursons, Saya Homes, Wave, Supertech, Prateek, SARE Homes, Mahagun, Landcraft, Ashiana Housing, and SVP have projects in the area.

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