Project Watch: Ansal Elegance, Ghaziabad

Shastri Nagar is a very good location to own property in Ghaziabad. With the presence of the reputed builders, the industrial setups and well established civic infrastructure, this region in Ghaziabad has all that you consider before investing your money in a property. The famous Ansal Housing and Construction limited has introduced its latest product, Ansal Elegance, as one of its new projects in Ghaziabad.

Let us explore. 

The Product

Ansal Elegance absolutely lives up to its name, offering elegant lifestyle to residents in each of the 120 units available in this project. The project, spread over 6 acres, is divided into 10 blocks. The apartments here are available in the configurations of 2 and 3BHK, ranging between 1308 sq. ft. and 1898 sq. ft.

The lists of amenities provided to the residents of Ansal Elegance are:

• Rain water Harvesting
• Swimming pool
• Gymnasium
• Children's play area
• Intercom facilities
• Security personnel at service
• Garden
• Clubhouse
• Community room

The Builder

Ansal Housing and Construction limited was founded in the year 1983 that has now grown up to become one of the top builders in North India. It is a company that believes in patiently studying the needs and preferences of the prospective buyers. Currently, Ansal has a total of 29 projects on offer, out of which 11 are under construction properties.

The Locality

Ansal Elegance is situated in Shastri Nagar, which is a central suburb of the industrial city of Ghaziabad. It is easily accessible from the other important areas such as Vaishali, Ghaziabad main city, Raj Nagar Extension and Crossings republik.

Some of the noted locational advantages of Shastri Nagar are:

• The nearest railway stations are Mehrauli and Adhyatmik lying at a distance of 1 and 4.5 kilometer respectively
• The Indira Gandhi International Airport is at a distance of 45.9 kilometers through AH2
• There are a total 9 bus stops around the area
• Eminent schools of the area are Springfield School, Uttam School, Ryan International School and Guru Ram Rai School
• Reputed Hospitals of the area include Indo German Hospital, Brij Medical Center, Ashoka hospital and Heeralal Hospital

Infrastructure and Future Prospects

Shastri Nagar is an emerging suburb with good physical and social infrastructure. Ghaziabad will soon have the metro rail to offer smooth connectivity to the suburb. Being part of the NCR of Delhi, the area is sought after by many investors and end users. Currently, Shastri Nagar is rated at 6.8 out of 10 in PropTiger.com's livability score that determines the quality of lifestyle offered in a particular area. The average price of property in Shastri Nagar has increased to Rs. 3208 per sq. ft. from Rs.2861 in the last 2 years.

Price comparison

Before you buy any property, understanding the price trends and making comparisons is a smart step to consider. The price of the apartments in Ansal Elegance is Rs. 2250 per sq. ft., which adds up to Rs. 29.4 lakhs for a 1038 sq. ft. 2BHK flat. It is priced lower than many other properties in Shastri Nagar such as Savfab Jasmine grove and Dev Heights, which are available at the price of Rs. 2790 and Rs. 2600 per sq. ft. respectively. The average price of property here is Rs. 3208.

PropTiger.com's Ratings

Overall recommendations

PropTiger.com has prepared a detailed report on Ansal Elegance called Prop Insight, which is available on its website. According to the report, this project is a very good option for home buyers and investors. To access the report,  login to PropTiger.com.