Here’s why you should invest in a Builder Floor in Ghaziabad

When you invest in a residential property, it is advisable that you purchase one that is located in a thriving metropolis like Ghaziabad. The city is referred to as the ‘Gateway to Uttar Pradesh,’ as it is one of the most prominent cities. Being an important industrial and commercial hub, many multinational companies and software firms have their offices in Ghaziabad. Owing to the increased number of job opportunities in Ghaziabad, it attracts professionals from all over the country, who look forward to working and living in the city. Subsequently, this has led to the increased demand for residential properties in Ghaziabad. Keeping with this trend, realtors are increasingly investing in developing high rises and builder floors in Ghaziabad.

Benefits of Investing in Builder Floors in Ghaziabad

If you want to buy a 2 or 3 executive floor in Ghaziabad, then it is advisable that you check out the properties being developed by a reputed real estate development firm. Such complexes are usually a part of a larger integrated township. Hence, by purchasing one such residential property, you can enjoy all the amenities provided by a hi-tech township. Some of the benefits of purchasing a builder floor are as follows:

• Builder floors offer complete privacy to the residents. In a builder floor, there will be a single family residing in a particular floor. Hence, you can be assured of enjoying complete privacy, if you move into a builder floor with your family.

• The prices of builder floors are usually higher than that of normal apartments. So, if you purchase a builder floor, you can expect to enjoy a luxurious lifestyle, as these residential properties come replete with facilities, which correspond to the cost of the properties.

Thus, if you want to purchase a property in Ghaziabad, which ensures complete privacy, then buy a 3 BHK builder floor being developed by a reputed real estate development firm. This will also ensure that the transaction is completed adhering to all legal norms, and the property you have invested in is of premium quality.

Things to Consider while buying Store Space in a Mall in Ghaziabad

Ghaziabad which is a part of the national capital region has emerged as one of the fastest developing cities of North India. The proximity of the city to the National Capital Region is one of major reasons for the quick growth of Ghaziabad. The opening of the offices of major software and IT companies in Ghaziabad, there has been a marked increase in the demand for office spaces, retail stores and other types of commercial properties in the region. The migration of youngsters with higher amount of disposable incomes into Ghaziabad has also indirectly led, to the growth in the demand for retail spaces in the city. Having observed this trend, reputed real estate development firms have been investing increasingly in the development of high-end shopping complexes and malls in the city. Thus, if you are thinking from an investment point of view, then purchasing a space within a shopping complex in Ghaziabad will definitely prove to be lucrative.

Points to Consider while Purchasing a Shop Space in Ghaziabad

When you check out shops for sale in Ghaziabad, it is advisable that you visit the shopping complexes and malls being developed by reputed real estate development firms. These shopping complexes come replete with modern amenities like extensive parking areas and power back up. These facilities are essential to ensure that your customers are able to shop with ease. Subsequently, these amenities can also boost your business. Listed below are some other points to consider while checking out shops for sale in Ghaziabad:

• If you want to set up a retail store, then it is advisable that you purchase a store space which is a unit of a shopping complex.
• You should also ensure that within the shopping complex too, your shop should be located in a position that receives the maximum footfall
• Also, when looking to buy a shop you should select a property that also has a food court and movie theatre as that will ensure higher footfall and better business

Thus, if you purchase a store space within a shopping mall, you can be assured that you will enjoy excellent returns on the investment as well as earn great profits from the business venture that you intend to set up there.

Eligibility Criteria for the PMAY Scheme

The Pradhan Mantri Awas Yojana is an initiative undertaken by the government of India to provide affordable housing facilities to all sections of the society. The scheme aims to build over 20 million affordable houses over the next few years, in order to ensure that every citizen of India has a home to call his or her own.  The scheme aims to provide affordable housing to both urban and rural residents of the country. It was launched by the Prime Minister in the year 2015. In essence, the PMAY scheme aims to provide a subsidy on housing loans to prospective homebuyers. The extent of the subsidy will vary depending on the socioeconomic status of the homebuyer. The houses constructed under the PMAY scheme shall be built so as to be eco-friendly and sustainable.

Mentioned below are the broad outlines of the eligibility criteria that those wanting to apply for the Pradhan Mantri Awas Yojana must meet:

• The applicant must not own a pucca house in any part of the country. The immediate family members of the applicant should also not own such a house in India in their names.
• The applicant must never have availed the benefits of a central or state housing scheme in the past. Nor should any of his or her immediate family members have done so.
• The property that shall be bought under the PMAY scheme must be wholly or partly owned by at least one adult female member of the applicant’s family.
• The property must ideally be located in a statutory town, as defined by the 2011 census. The property can also be located in the adjacent planning area of one such town.
• The household income of the family applying for the PMAY scheme must not exceed the amount of rs.18 lakh per annum.  

These are some of the factors that you must keep in mind if you are planning to apply for the Pradhan Mantri Awas Yojana and thereby build a house of your own. You should visit the websites of some of the most renowned property developers in the country to know more about the best residential projects developed under the PMAY scheme.