Raj Nagar Extension remains a popular investment hub in Ghaziabad

1 min read

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Ghaziabad is one of the fastest growing real estate markets in the NCR and has a relatively steady property market as compared to the upheavals witnessed by both Gurgaon and Noida realty sectors in the recent past. Raj Nagar Extension has always been considered as one of the most coveted neighborhoods in Ghaziabad. This was only a nondescript land parcel at the start of the 21st century and this was used for avoiding the Meerut Road, which remained heavily congested. However, the region has developed swiftly over the years and transformed into one of the preferred locations for property buyers in the NCR.

Raj Nagar Extension witnesses strong demand from investors and end users alike. There are several housing options available here, right from 1 BHK affordable homes to luxury 4 BHK units. There is literally something for everyone and there are big-ticket projects like Windsor Paradise 2 here, which come with premium amenities and facilities for residents. Raj Nagar Extension has a reasonable pricing structure in place for property which is often comparatively less than Gurgaon or Noida. Raj Nagar Extension also offers great connectivity to several major locations in the region.

The National Highways 24 and 58 are easily accessible from Raj Nagar Extension and this has boosted demand for property in the area. The bypass which spans 8 kilometres, offers hassle free commuting for residents and helps avoid the perennially busy Meerut Road. There are several hospitals, schools, universities, colleges and police stations nearby. The City Forest is located on the Bypass Road and is a major leisure hub along with the upcoming international cricket stadium and the RDC or Raj Nagar District Centre commercial complex. One can easily travel to tourist hotspots like Rishikesh, Haridwar, Mussoorie and Dehradun among other destinations through the National Highway 58 from Raj Nagar Extension. The 6-lane road (elevated) to U.P. Gate from Raj Nagar Extension covers 9.3 kilometres and will boost connectivity hugely once completed. The metro station is also coming up in the area and overall infrastructural developments have led to decent appreciation in terms of property prices.

The elevated road will make it possible to drive to Delhi in just 10 minutes from the locality while also linking other localities in Ghaziabad and Noida. There is an underpass, linking Raj Nagar Extension to Loni, Mohan Nagar and Shahdra along with Indirapuram and Siddharth Vihar via the newly constructed bridge over the Hindon River. Raj Nagar Extension has ample scope for future appreciation in prices and overall growth.

Resident Editor