As Navratri approaches, the Ghaziabad Development Authority (GDA) is offering an exciting opportunity for property buyers in Delhi-NCR. Over 175 properties, including residential plots, commercial spaces, and shops, will be up for auction. This is a chance for homebuyers and investors to secure valuable land at much lower prices than usual, with options available in prime locations such as Indirapuram, Vaishali Sector 6, Koyal Enclave, and others.
What’s on Offer: A Range of Properties Across Ghaziabad
The GDA is set to auction plots in various schemes, offering land sizes that cater to different needs. For example, in Indirapuram, you can find residential plots ranging from 30 square meters to 330 square meters, with smaller commercial plots of 13.75 square meters also up for sale. The auction also includes plots in Vaishali Sector 6, Ambedkar Road, and near the UP border, offering a diverse range of choices for interested buyers.
Discounted Prices After Multiple Failed Auctions
One of the key highlights of this auction is the discounted pricing of these properties. The GDA has tried to auction off some of these plots several times before, but high prices kept buyers away. After 26 unsuccessful attempts, the GDA has now lowered the prices, making the properties more affordable.
The decision to reduce prices came after a three-member committee, formed under the chairmanship of the Additional Secretary, reevaluated the layout and prices. This is great news for potential buyers, as this price reduction means they can now purchase land worth crores for just a few lakhs.
Indirapuram: A Key Area for Residential Plots
One of the most sought-after locations in this auction is Indirapuram, where 40 residential plots are being offered under the Indirapuram expansion plan. According to officials, the auction for these plots is scheduled for October 5th or 6th. If you’re looking for prime residential land in a well-developed area, this is an excellent opportunity.
Auctioning of Unsold Properties from Previous Schemes
In addition to the new plots, GDA will also auction unsold properties from previous schemes, including those in Govindpuram. Back in 2015, the GDA had put several flats and plots on sale in Govindpuram, with 17 residential plots being successfully sold. Now, the remaining plots from various schemes, such as Koyal Enclave, Indraprastha, and Ambedkar Road, will be up for auction. In total, 175 plots, including residential and commercial, will be made available during Navratri.
Affordable Prices: From Rs 4,000 to Rs 1.36 Lakh Per Square Meter
The GDA is offering these plots at significantly reduced rates, with prices starting as low as Rs 4,000 per square meter and going up to Rs 1.36 lakh per square meter, depending on the location and plot size. This is a great opportunity for those looking to invest in Ghaziabad or secure residential land at affordable prices.
How to Check Property Details and Rates
Interested buyers can easily check the available properties and their rates by visiting the official GDA website. All auction-related details, including property listings and the bidding process, will be made available at https://gdaghaziabad.in/properties-for-sale/. You can explore more than 500 properties, including flats, land, and shops, set to be auctioned after the first two to three days of Navratri.
