June 27, 2016
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2:37Now PlayingBe Un Confused
Expert: Jayashree Kurup, Head of Content & Research at Magicbricks.com
Question: I plan to buy a property in Oxy Homez at Loni Road in Ghaziabad. My budget is Rs.45-50 lakh. Is this a good property to invest in? What is the viability of buying a home here? Is it good for investment or end-use?
Answer: The locality has witnessed an appreciation of 20% in two years.
It is a developing locality with connectivity to Mayur Vihar Phase-I, Noida and East Delhi. The driver is the logistics market in the vicinity. The area is at the early stages of development.
It is advisable to check different projects of Ghaziabad as it offers various projects within the prescribed budget.
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