Vasundhara stands as a prominent and the most sought-after neighbourhood in Ghaziabad, Uttar Pradesh. Recognised for its substantial residential offerings, the locality boasts efficient connectivity to key economic, educational, and recreational centres. Backed by well-planned infrastructure, a strategic position and a range of amenities, Vasundhara has emerged as a favoured choice for both residents and investors. This article delves into the circle rates applicable in Vasundhara, Ghaziabad.
See also: Circle rates in Ghaziabad
What are circle rates?
Circle rates, also known as ready reckoner rates, establish the minimum value for property registration during a sale or transfer. In Ghaziabad, these rates are determined by the Uttar Pradesh Housing Board and undergo periodic revisions. It’s essential to highlight that different localities within the same city may have unique circle rates.
Circle rate in Vasundhara, Ghaziabad
In determining the circle rates in Ghaziabad, the administration considers various factors, including the property’s location, type, and market value. The circle rate for flats and floors in Vasundhara, Ghaziabad, is set at Rs 47,000 per square yard. For residential plots in Vasundhara, Ghaziabad, the circle rates are as follows:
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Localities | Circle rate (per sq m) |
Up to 9 m-wide road | Rs 56,000 |
9 m to 18 m-wide road | Rs 58,800 |
More than 18 m-wide road | Rs 61,600 |
Real estate trends in Vasundhara, Ghaziabad
Vasundhara is one of Ghaziabad’s most popular residential localities. Check out the key real estate trends of the neighbourhood.
Vasundhara, Ghaziabad: Connectivity
Vasundhara boasts excellent connectivity within the city and to major localities, enhancing its accessibility to key economic, recreational, and educational centres. Situated adjacent to areas like Indirapuram, Kaushambi, and Vaishali, it offers quick access to significant hubs. Proximity to Delhi, just 10 minutes away, further adds to its appeal. Vasundhara is well-connected via road networks like Link Road, Madan Mohan Malviya Marg and Kaveri Marg, ensuring easy travel by private vehicles, public transportation, or taxis. The nearby Vaishali Metro Station, part of the Delhi Metro network, facilitates efficient travel, with plans for further extension under phase 4. The locality is also connected via Sahibabad junction railway station, Ghaziabad Bus Stand and Chander Nagar railway station. The metro expansion to Vasundhara Sector-2 is in progress and the Indira Gandhi International Airport in Delhi is approximately 30 km away.
Vasundhara, Ghaziabad: Infrastructure
Vasundhara is renowned for its exceptional amenities and well-developed infrastructure. The area boasts wide and well-maintained roads, ensuring smooth traffic. Reliable water supply and efficient waste management contribute to the community’s convenience. Essential facilities such as schools — Delhi Public School (DPS), Amity International School and Seth Anandram Jaipuria School — along with prominent healthcare centres like Narinder Mohan Hospital and Heart Centre and Yashoda Super Speciality Hospital, are within a 10–15-minute radius. Vasundhara offers a diverse social infrastructure, including entertainment options, shopping malls and numerous restaurants catering to various tastes. Residents enjoy easy access to metro stations, banks, airports, railway stations, bus terminals and parks, enhancing their daily living experience. The locality is known for its green space and parks, providing ample opportunities for recreation, relaxation, and exercise.
Vasundhara, Ghaziabad: Residential real estate
The strategic proximity to Delhi, combined with the availability of high-quality housing options, positions Vasundhara as one of the most desirable residential localities in Ghaziabad. Catering to diverse preferences and family needs, Vasundhara offers an extensive range of housing choices, including standalone homes, apartments, and gated communities, accommodating various lifestyles and budgets. The residential market in Vasundhara is well-developed, with many projects ready for occupancy. Renowned developers, such as SG Estates, Ajnara, Gardenia Group and Ekdant Group contribute to the vibrant real estate landscape in the area.
Vasundhara, Ghaziabad: Commercial real estate
While predominantly a residential area, Vasundhara features a diverse array of commercial establishments, including markets, malls, and corporate hubs. Notable shopping complexes like Sunrise Mark Mall, and Sunrise Mall contribute to the commercial landscape. Additionally, residents have easy access to prominent malls like Mahagun Metro Mall and Shipra Mall, both situated within a 15-minute drive. The proximity of Sector-62 in Noida, with office buildings, such as Stellar IT Park, Unitech Infospace, Correnthum, Galaxy Business Park and Logix Cyber Park and companies like Smartworks and Barclays, further enhance the commercial vibrancy of Vasundhara.
Vasundhara, Ghaziabad: Price trends
There are several residential properties in Vasundhara available for buying and renting. The average price of houses in the locality is Rs 12,919 per square foot (sqft), while the average rent is Rs 20,023 per month.
Why invest in Vasundhara, Ghaziabad?
Vasundhara distinguishes itself prominently when compared to other renowned neighbourhoods in Ghaziabad. Its unique blend of residential, commercial, and recreational space creates an appealing living environment. The meticulously planned infrastructure ensures seamless connectivity and well-organised development across the area. Vasundhara strikes a harmonious balance between residential and commercial zones, setting it apart from other parts of Ghaziabad. The abundance of amenities and recreational areas further elevates Vasundhara’s appeal, offering well-maintained parks and open space for residents to enjoy recreation, fitness, and outdoor activities. The locality boasts a rich array of facilities, including educational institutions, medical services, retail outlets and recreational options, contributing to an enhanced quality of life for its residents.
FAQs
How is property value determined based on the circle rate?
Property value is calculated by multiplying the circle rate in the area by the property's built-up area in square metres.
What happens if the market value is lower than the circle rate?
If the market value is lower than the circle rate, the property must be registered based on the higher value, which is the circle rate.
What is the stamp duty value?
Stamp duty is calculated by considering various factors, including market value, transaction value, or circle rates set by the local government.
What factors influence the circle rate of an area?
Circle rates depend on various factors, including the location of your sector, infrastructure, amenities provided, and economic factors.
What is the circle rate for flats in Ghaziabad?
The circle rate for flats in Ghaziabad ranges between Rs 24,000 and Rs 57,000 per square yard.
Which area in Ghaziabad is considered the most expensive?
In terms of property prices, some of the most expensive areas in Ghaziabad include Kaushambi, Indirapuram, Vaishali, and Surya Nagar.
Is it mandatory to pay house tax in Ghaziabad?
Yes, property tax payment is compulsory in Delhi for all property owners.
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