Getting the expensive tag
Planned as an affordable residential destination, Vasundhara’s proximity to the Metro is pushing prices up and out of the common man’s reach
Afew years ago, if your budget was around R25 lakh you would probably consider Vasundhara for buying property. Things, however, have changed now with the Metro becoming operational in Vaishali, and hundreds of units - builder flats, cooperative society flats and private developer flats - delivered to owners, as prices in the area have increased manifold.
There are hardly any options available for R40 lakh and R50 lakh in builder floors of sizes 850 sq ft to 900 sq ft. Add a few more lakhs to this and you can perhaps get a 2BHK home of about 850 sq ft in the Rail Vihar Society in Sector 3.
“There are a few apartments in Sector 17 priced at R40 lakh and R50 lakh. These are seven to eight years old, about 936 sq ft in size and have been constructed by the UP Housing and Development Board. Builder floors of size 850 sq ft are available in sectors 3, 5 and 10 for about R50 lakh,” says Aman, a broker with Mahalaxmi properties.
Private developer projects here include Olive County by the Meriton Group in Sector 5, and SG Homes. Spread over an area of approximately 2.5 acres, SG Homes offers 366 residential units along with commercial space. The project comprises 2, 3 and 4 BHK apartments with sizes ranging from 1095 sq ft to 2430 sq ft. The current price is R5,000 per sq ft.
SG Homes, located in Sector 4B, offers 122 units with 2 to 3-bedroom apartments with duplex homes.
If your budget is over R60 lakh, you can buy a 2BHK apartment of size 1100 sq ft in Arunima Palace, Sector 4, which has facilities like swimming pool, power back-up, etc. You can even get a 1250 sq ft, 2 BHK apartment in SG Homes for R65 lakh. A 3BHK apartment in both these societies can cost you anything above R70 lakh.
Most cooperative socie- ties in sectors 4, 5 and 6 have extremely spacious apartments of over 1500 sq ft that cost more than R70 lakh. Loading is almost non-existent in such societies. These come without any modern facilities and the maintenance, too, is reasonable.
Perhaps the most expensive society in Vasundhara is Olive County in Sector 5. A 2BHK apartment of sizes ranging from 1250 sq ft to 1350 sq ft can set you back by R75 lakh to R85 lakh.
Vasundhara is divided into 19 sectors. Access to the Vaishali Metro station is easy. Both individual and shared autos ply from Indirapuram and Vasundhara.
There are also ample shopping and entertainment options in the area such as Sunrise Mall, City Mall, Aerens’ Europark along the Link Road connecting Mohan Nagar and outlets such as Pizza Hut, Dosa Express and Dominos. For daily needs, it has stores such as More, Easy Day, MRP Deals, etc. Hospitals and schools are close by.
While there are no water problems, power supply is an issue here with quite a few power outages in the day. Though the roads are wide and well-planned, thanks to Awas Vikas, the body that planned this part of Ghaziabad, their maintenance and upkeep has been an issue. Even the wellplanned commercial belt has problems with encroachments. Another area of concern is that sector roads and those connecting Vasundhara with Indirapuram are being used by trucks. This not only causes traffic snarls but also results in roads giving way due to the heavy load.