Once a sleepy village, today NH24 is a realty hotspot. It’s not wrong if we say that NH24 is highway to prosperity. With changing times and needs, national highways are turning into sought after residential addresses for many homebuyers. NH24 is one of the national highways in India which is rapidly developing into a property investment hub.
Running through Ghaziabad, National Highway 24 is developing fast. With state-of-the-art infrastructure put in place, NH24 is suitable for superior & affordable living. Builders are developing residential & commercial properties along highways and expressways and this has become a trend across India. NH24 is an important road linkage between Delhi, Ghaziabad and Noida.
NH24 connects Delhi to Uttar Pradesh & also connects Lucknow via Ghaziabad, Hapur, Moradabad, Bareilly, Shahjahanpur and Sitapur. With latest infrastructure development and its connectivity factor, NH24 has become a prized real estate destination with investors pouring in for residential and commercial property investment. The infrastructure along and on NH24 is taking stride and soon it will be widened to a 16-lane highway from ITO till Dasna.
• The 16-lane project will include six-lanes as expressway, making it an access-controlled highway.
• National Highways Authority of India (NHAI) has invited tenders for the widening contract.
The easy connectivity and good infrastructure of the area will see prices appreciating in coming future.
The chart below shows how NH24, compared to other national highways-adjoining Delhi, is set to see increase in rates.
Moreover, NH24 is most well connected national highway. The connectivity factor is the major factor which contributes to NH24’s popularity. With the widening project in place, the travel time via this highway is set to reduce. The existing investors & buyers feel that this area is an excellent place to stay, and as the area is close to the national capital, they believe its value will appreciate and provide good returns over the long term.
For anyone, whose eyes are set on the future, NH24 is a promising location for a perfect dwelling.