NH 24 Widening to Transform Noida and Ghaziabad Real Estate
Approval Granted for Widening of Delhi-UP Link Road
The long-awaited proposal to widen NH 24, the crucial link road between Delhi and Uttar Pradesh, has finally received the nod from authorities. This development is expected to have a profound impact on the real estate landscape of Noida and Ghaziabad.
Key Aspects of the NH 24 Widening Project
- Stretch Affected: The widening will primarily focus on the stretch from UP Gate to Dasna.
- Existing Infrastructure Upgrade: The UP Gate to Akshardham stretch has already been converted into an eight-lane road.
- Future Developments: Plans are underway to construct underpasses to maintain a smooth traffic flow.
Impact on Real Estate in Noida and Ghaziabad
- Traffic Relief: The widening of NH 24 will significantly reduce traffic congestion, making commute to Ghaziabad more efficient.
- Realty Market Boost: Experts predict a surge in property prices along the stretch, benefiting areas like Crossings Republik, Electronic City in Noida, Indirapuram, Kaushambhi, Vaishali, and Vasundhara.
- New Projects on the Horizon: Approximately 25 to 30 new projects, including township ventures by Ansal API and Wave Infratech, are slated to come up in this region.
Insights from Real Estate Experts
- Aditya Associates' Sanjay Saxena opines, 'The NH 24 widening will likely double property prices in the area, with direct impact visible in localities such as Crossings Republik, Indirapuram, Vaishali, and Vijay Nagar.'