Indirapuram Records Highest Number of Registered Residential Transactions in FY21-FY25 in Ghaziabad

Ghaziabad, August 5, 2025: Indirapuram recorded the highest number of cumulative registered residential transactions in Ghaziabad between FY 2021 and FY 2025, according to data from online property portal squareyards.com. The locality outperformed other prominent areas in the city, including Vaishali, Rajnagar Extension, Pratap Vihar, Shahpur Bamheta and Loni during the same period.

Square Yards reported that transaction volumes in Indirapuram range between approximately 3,500–4,000 units annually, which is nearly three times the pre-pandemic average. The highest transaction volume in the locality was recorded in FY 2023, reaching 4,900 units.

Ravi Nirwal, Sales Director and Principal Partner, Square Yards, said, “What we’re seeing in Ghaziabad is a textbook case of how infrastructure can reshape residential real estate dynamics. The Delhi–Meerut Expressway and RRTS, nearing full operational status, have significantly boosted buyer confidence.”

Indirapuram, in particular, offers that rare mix of accessibility, affordability and lifestyle amenities, something that buyers are actively seeking post-pandemic. Developers have taken note and are coming up with projects that match evolving preferences, he added.

“The growing demand has pushed the property prices, which have seen a robust 73 per cent growth between FY 2021 and FY 2025, significantly outpacing the city-wide average of 38 per cent during the same period. We believe the area will continue to witness steady growth in terms of both demand and price appreciation over the next few years. It’s fast becoming the sweet spot of Ghaziabad.”

The report highlighted a substantial increase in property prices in Indirapuram with residential rates rising by 73 per cent between FY 2021 and FY 2025. This growth rate significantly surpassed the city-wide average of 38 per cent over the same period. In FY 2025 alone, prices in Indirapuram rose by 19 per cent compared to a 9 per cent increase across the broader Ghaziabad market.

Note: Average property rates are per data trends observed on squareyards.com and may differ due to location, proximity to airport and property-specific factors.

Source: Square Yards

Note: Includes primary and secondary residential registered transactions.

Source: IGR, Square Yards

Upcoming key infrastructure projects, such as the Delhi–Ghaziabad–Meerut Regional Rapid Transit System, which is nearing full operation, are expected to enhance connectivity between Ghaziabad and major commercial hubs in Delhi and surrounding regions. Such developments will further underpin the growth in demand and future appreciation in property values in Indirapuram over the medium to long term.

Vikas Bhasin, MD, Saya Group, said that Indirapuram is no longer a fringe market—it is now a central player in NCR’s real estate growth story, offering a compelling proposition for discerning homebuyers and investors alike.

“This micro-market is now witnessing a robust revival driven by a combination of improved infrastructure, enhanced connectivity and strategic geographic positioning.

In recent years, significant investment by the government in roads, metro connectivity and civic amenities has transformed Indirapuram from a suburban stretch into a high-demand urban neighbourhood. Its proximity to both central Delhi and the commercial hubs of Noida has made it an ideal location for both homebuyers and investors seeking value in a market otherwise experiencing saturation.

While Gurugram and Noida are grappling with a sharp escalation in launch prices and an oversupply of inventory, Ghaziabad is emerging as a smart alternative—offering affordability, quality lifestyle and long-term growth prospects. This shift is increasingly evident in the rising demand from end-users who are priced out of prime Noida sectors or prefer better access to East Delhi.

With well-developed social infrastructure—including top-tier schools, hospitals, malls, and entertainment centers—Indirapuram offers residents a self-sustained ecosystem without compromising on convenience or connectivity. The locality is also supported by a vibrant retail and business environment, which further fuels the demand for both residential and commercial real estate.

This momentum is reflected in the market prices as well. Average property rates in Indirapuram have crossed INR 13,000–INR 15,000 per sq. ft., indicating strong buyer sentiment and confidence in future appreciation. With limited new launches, steady absorption, and infrastructure-led development, the area is expected to see continued upward price movement in the near to mid-term.