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Widening Of NH 24 Will Boost The Economy And Increases The Real Estate Demand Around It

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Widening Of NH 24 Will Boost The Economy And Increases The Real Estate Demand Around It

Ghaziabad is a city in the Indian state of Uttar Pradesh and a part of the National Capital Region of Delhi. It is the administrative headquarters of Ghaziabad district and is the largest city in western Uttar Pradesh, with a population of 1,729,000. In Last decade and a half has seen tremendous change in NH 24 real estate. It has given smiles to end users as well as investors.

In Ghaziabad, this highway has been a centre of attention since the time real estate development started to take place around it. Almost all the well-known developers are present on this stretch. From townships to apartments, from affordable houses to luxury apartments, the highway has everything on offer. In the last decade, the place has seen good appreciation, thus providing investors an opportunity to smile.

What Is NH-24 Road ?

NH-24 is the highway with the second-highest traffic volume of all the roads providing connectivity to the capital. On average, 1.57 lakh vehicles crossed the Nizamuddin bridge in 2007 and 80% of them were from outside Delhi. It was then that the widening of NH 24 came into being and authorities started giving attention to the idea. Now, the widening has been done and work is still progressing but the difference can be seen in the smooth traffic flow.

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What does Yash Miglani, MD of Migsun Group Said

A lot of real estate development has taken place along the corridors such as National Highways and State Highways. The development was also supported by the government by promoting industrialization around these transport corridors. The combination of employment generation units and residential developments work wonders for economic growth; the same holds true for NH 24 as the development along this highway is happening in a planned manner. The demand has always been good and with the widening, it is staring at a multifold increase in the coming months or years.

Future Plan For Residents Around NH-24 Road

With rates varying between Rs. 2600 to 6500 per square feet, properties around NH 24 have opened a new investment option for all the residents. The sales volume on this stretch is likely to be dictated by new places while the ‘veteran’ places such as Indirapuram will enjoy the resale market to the maximum. “Demand of residential apartments is very high in the area and till now supply had been adequate. As the demand for this area is growing, so if somebody is looking for a property as an investment option, areas around NH 24 are the places to invest. For the end-user purposes too, the location is very good as being fully inhabited. Also being close to Noida (Major Industrial Hub) all the amenities and other commercial establishments are already there,” says Vikas Bhasin, CMD, Saya Homes.

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Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

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Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

Sitharaman gave banks instructions to keep offering smooth services to customers, even in isolated locations, in cooperation with authorities and security firms as needed. Finance Minister Nirmala Sitharaman received assurances from Indian banks and insurance companies on Friday that they are prepared to stop any cyberattacks by Pakistani outfitted DDoS.

Distributed denial-of-service) systems. “Mock drills covering cybersecurity and disaster recovery scenarios at the highest levels have been held to ensure institutional readiness,” they informed her at a Friday meeting. According to the financial institutions (FIs), they are alert and actively monitoring phishing efforts. In order to guarantee prompt claim payouts.

Continuous customer service, Sitharaman instructed banks to keep offering smooth services to consumers, especially in distant places, in cooperation with regulators and security agencies New Delhi, May 10, 2025 — In a reassuring development for the financial sector, Finance Minister Nirmala Sitharaman on Friday said that banks and insurance companies in India fully.

Speaking at a cybersecurity summit organized by the Ministry of Finance in collaboration with the Reserve Bank of India (RBI) and IRDAI, Sitharaman stated that both public and private sector financial institutions have significantly ramped up their cyber preparedness equipped to counter cyber threats and have strengthened their digital security infrastructure safeguard.

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Rising Digital Transactions, Rising Risk

The Finance Minister’s remarks come in the wake of a growing number of cyber threats targeting the banking and insurance sectors, especially as India witnesses a steep rise in digital transactions. According to official data, digital payments in India grew over 76% year-on-year in FY 2024-25, driven by UPI, mobile banking, and digital policy purchases.

With this surge, the risks associated with data breaches, phishing, ransomware, and unauthorized access have also grown exponentially. Sitharaman emphasized the need for constant vigilance and investment in advanced cybersecurity technologies “Representatives from leading banks and insurance companies have assured the ministry that robust systems.

Institutional Safeguards in Place

The Finance Minister highlighted that both the RBI and IRDAI have issued detailed guidelines on cybersecurity protocols. Regular audits, simulation drills, and incident response mechanisms are now mandatory across institutions “Financial institutions cannot afford to be complacent. Cyber threats are evolving, and our preparedness must stay ahead of that curve.

“Banks are operating with 24×7 Security Operations Centers (SOCs), and insurance companies are also mandated to deploy advanced firewalls and data protection policies,” she noted ” she said real-time monitoring, and preventive frameworks are in place to detect, resist, and respond to cyber attacks,” Sitharaman said customers and operations Sitharaman also.

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Consumer Awareness Key

The minister also urged banks and insurers to invest in customer education. “A large number of cyber frauds happen due to lack of awareness. Institutions must proactively inform and empower users to identify and avoid suspicious links, calls, or messages,” she added mentioned that the government is working closely with the Indian Computer Emergency Response Team (CERT-In) to ensure real-time threat intelligence sharing and coordinated.

As digital finance continues to evolve, Sitharaman reaffirmed the government’s commitment to creating a secure and resilient financial ecosystem for all stakeholders response strategies Finance Minister Nirmala Sitharaman said banks and insurance companies have assured the government of their readiness to counter cyber threats. At a recent cybersecurity summit.

Financial institutions confirmed the implementation of advanced security systems, 24×7 monitoring, and compliance with RBI and IRDAI guidelines. Sitharaman emphasized the need for ongoing vigilance, customer And collaboration with CERT-In to ensure a secure digital financial ecosystem amid rising cyber risks of advanced securit Sitharaman emphasized the need for constant vigilance and investment in advanced.

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