UP’s 25% Discount on Unsold Flats in Ghaziabad: Full Reality Check, Verified Inventory Data & True Price Impact

Officially, around 10,000 unsold flats are available across Ghaziabad: UP Housing Board (UPAVP): ~8,000 units GDA: ~1,748 units These flats are spread across multiple schemes, not limited to one location.

No. This is a common misconception. In Siddharth Vihar, the verified unsold inventory is ~700 units across Ganga, Yamuna, and Hindon Apartments. The remaining units are spread across Brahmaputra Enclave, Mandola, Vasundhara, and other Ghaziabad pockets.

Before the latest price revision, typical published prices were: 1 BHK: ₹69–70 lakh 2 BHK: ₹87 lakh 3 BHK: ₹1.10–1.15 crore Despite earlier discounts, effective prices remained high, limiting demand.

Indicative revised prices (subject to final notification): 1 BHK: ₹49–52 lakh 2 BHK: ₹61–65 lakh 3 BHK: ₹80–86 lakh Prices may reduce further if early-payment rebates are applied.

Apart from the base discount: 6% rebate for full payment within 45 days 5% rebate within 60 days 4% rebate within 90 days Premium charges capped at 5%

Key reasons include: High base pricing compared to private projects Mismatch between circle rates and selling prices Weak maintenance perception Limited investor upside Repeated discount cycles impacting resale confidence

They may suit end-users seeking ready-to-move homes if pricing aligns with usage value. For investors, price correction alone does not guarantee appreciation and should be evaluated carefully.

Private developers often offer: Flexible payment plans Better maintenance ecosystems Higher rental liquidity Government flats may be cheaper on paper but require price-per-sq-ft and livability comparison.

Buyers should: Request scheme-wise revised cost sheets Compare effective price per sq ft Check occupancy & maintenance quality Assess actual connectivity, not future plans Treat “up to 25% discount” as a maximum cap, not a certainty