One of the top ten cities in World to Invest: Ghaziabad

Delhi Central - Saturday, November 19, 2011 8:24:43 AM

Ghaziabad is a planned industrial city in Uttar Pradesh. As its boundary is adjacent to Delhi, it acts as the main entrance of Uttar Pradesh and that is why it is also called the GATEWAY OF UP. Ghaziabad has the Hindon, Yamuna, and Ganga rivers flowing through it. Situated in the center of many other prominent cities and villages Ghaziabad can be reached in many different ways.

Ghaziabad is one of the National Capital Region (NCR) of Delhi. Today, the city is rated as one among ten hottest and dynamic cities in the world according to Newsweek, and is also one of the fastest-growing cities in India. Given its proximity to Delhi and Noida, Ghaziabad is one of the prime business and commercial destinations in North India. This, in turn, has sparked an explosive growth in the real estate sector. A city in rapid transition into a mini metro, Ghaziabad offers excellent options for investment both for residential and commercial properties.
Kaushambi, Vashali, Indirapurm in T.H.A. and Govindpuram, Karpooripuram, Swarn Jayanti Puram and Partap Vihar in Hindon Area are the new upcoming residential colonies in Ghaziabad. The authority is constructing commercial complexes in these colonies to create to the needs of the people.
Houses of various categories are being constructed in these schemes. From the year 1960 to 1977, the Improvement Trust and later on GDA has constructed about lacs of houses and plots of various categories i.e. site/services, EWS, MIG, LIG, HIG and apartments.Impetus is being given to the Regional Centers through the provision of adequate infrastructure and services in order to attract prospective residents. These infrastructure components i.e. Site development with Parking, Electricity, Road network, water Supply, Sewer, Drainage etc. are at the various stages of construction.
Some of the Important Industries of Ghaziabad

  • Rathi Ispat Limited: This steel manufacturing plant
  • Ghaziabad Ispat Udyog Limited: This steel manufacturing company
  • Aerotech Equipments & Projects Pvt Ltd: specializes in the manufacture of different kinds of fans, filters, coolers, dampers and such other parts, required by other industries.

Apart from Ghaziabad’s government attempt to give the city quality living through various property projects, it is also blooming in industrialization also. Ghaziabad Industries are vital to the economy of the state of Uttar Pradesh. Uttar Pradesh is rich in terms of mineral deposits. These natural resources being rightly exploited over the years have not only benefited the state but also the helped India cut down on a huge amount of expenditure.

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