Wave City in Ghaziabad recorded over 25% sales growth during the Diwali 2025 festive season, per IBRF data, fueling NCR's 24% annual housing price rise in Q3 2025, the highest in major Indian cities. Knight Frank India notes luxury sales up 15-20%, driven by policy stability and buyer confidence in premium homes.
Ghaziabad's district administration is set to roll out revised circle rates with hikes up to 40% for various properties by year-end, following a review of public objections. Key areas like Wave City will see major increases, with final notification expected mid-October 2025.
Ghaziabad's NH24 corridor has seen 15-20% annual property price growth since 2020, driven by affordable entry points in Siddharth Vihar and Raj Nagar Extension, supported by upgraded infrastructure and developer confidence, making it a hotspot for middle-class buyers and investors in the NCR.