Mumbai: A sharp uptick in demand for vertical housing is reshaping the real estate landscape in Ghaziabad, with Saya Gold Avenue emerging as a defining example. The residential project has been fully sold out, with its last transactions crossing ₹15,000 per sq. ft., underscoring a shift toward premium housing in the region.
Developed by Saya Group, the project comprises 1,620 units across eight towers rising up to 39 storeys. Its scale and vertical design place it among the most prominent residential developments in the city.
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The project offers a mix of configurations, including two-, three-, and four-bedroom apartments, along with penthouses. The buyer mix includes both end-users and investors, reflecting balanced demand across segments.
“The complete sell-out highlights sustained demand for quality residential developments in emerging micro-markets like Indirapuram,” said Vikas Bhasin. He noted that homebuyers are increasingly prioritizing connectivity, planned infrastructure, and integrated amenities.
Market observers point to improved connectivity between Ghaziabad, Delhi, and Noida as a key driver. Additionally, relatively competitive pricing compared to other NCR locations has supported demand growth.
Over time, Indirapuram has evolved into a well-established residential hub, supported by schools, healthcare facilities, and commercial infrastructure. This transformation has contributed to sustained absorption in large-scale housing projects.
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The sell-out of Saya Gold Avenue signals a broader trend: Ghaziabad is gradually transitioning from a peripheral market to a core residential destination within NCR, driven by infrastructure upgrades and rising buyer confidence.
