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Prateek Group invests INR 125 crore in an affordable housing project in Ghaziabad

Synopsis

Prateek Group, a prominent real estate developer in the NCR region, has announced its investment of INR 125 crore in an affordable housing project, Prateek Aurelia, located in Siddharth Vihar, Ghaziabad. The project, aimed at EWS (Economically Weaker Sections) and LIG (Low-Income Group) families, is part of the Uttar Pradesh Government's Township Policy. The project will offer modern amenities and excellent connectivity, with booking registrations open for a limited time. This initiative is a major step toward providing quality housing solutions for low-income families in the region.

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In a significant move towards enhancing affordable housing in the NCR region, Prateek Group has announced the launch of Prateek Aurelia in Siddharth Vihar, Ghaziabad. As part of the Uttar Pradesh Government's Township Policy, the project is specifically designed to cater to Economically Weaker Sections (EWS) and Low-Income Group (LIG) families. With a substantial investment of INR 125 crore, this development is set to become an integral part of the larger 40-acre Prateek Grand City township project.

Prateek Aurelia has been designed to provide affordable housing solutions, with units priced starting at INR 5.35 lakh for EWS families and INR 12.58 lakh for LIG families. These prices reflect a commitment to offering low-cost housing while maintaining the quality and modern amenities expected in a well-developed township. The project includes various amenities such as designated two-wheeler parking, a well-planned green area, a multipurpose room, indoor activities, and a play area for children, ensuring that residents can live comfortably and enjoy a holistic living experience.

One of the highlights of Prateek Aurelia is its strategic location. Residents will enjoy excellent connectivity to key areas such as India Gate, which is just a 20-minute drive away, Nehru Place IT Hub, 25 minutes away, and Akshardham, only 10 minutes from the site. The project is also in proximity to major transport hubs like the nearest Metro station and the Regional Rapid Transit System (RRTS), both just 2 minutes away. With the Indira Gandhi International Airport a mere 40-minute drive from the location, the project offers unmatched access to both commercial hubs and daily conveniences.

The project's connectivity to Ghaziabad's key sectors and nearby regions ensures residents can easily access educational institutions, healthcare facilities, and commercial centers. Prateek Group's initiative is a timely response to the rising demand for affordable housing in the rapidly expanding Ghaziabad region, making it a desirable option for EWS and LIG families seeking a balanced lifestyle.

The booking registration window is open for 45 days, starting from October 3rd to November 18th, 2024, giving potential homeowners an exciting opportunity to secure a home in this promising development. By investing in this project, Prateek Group is further cementing its role as a leading provider of affordable yet quality housing solutions in the NCR region.

This project serves as a testament to Prateek Group's dedication to making homeownership accessible for lower-income families, while simultaneously contributing to the overall growth and development of the Ghaziabad area.

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