Should you invest in Raj Nagar Extension?

1 min read

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Raj Nagar Extension is one of the most popular residential zones in Ghaziabad and has been witnessing skyrocketing development in recent times. The region was initially used for avoiding the crowded Meerut road in earlier years and today, it has mushroomed into a major real estate hotspot which is home to several projects by leading developers including Windsor Paradise 2 and many others. Raj Nagar Extension is one of the biggest favourites for property buyers in NCR and offers properties for almost all budgets including entry level, mid-range and premium housing units.

Raj Nagar Extension is a good place to invest for future growth potential and scores highly in terms of overall connectivity. The National Highways 24 and 58 surround the area and the 8 kilometre bypass is another connectivity lifeline. There are several police stations, hospitals, universities, schools and other entertainment zones along the stretch. The City Forest is a major leisure zone along with the upcoming cricket stadium which will boost the realty prospects in the area as well. There are several tourist destinations which can be easily accessed as well like Haridwar and Rishikesh among others. The elevated road will also boost connectivity in the future and will have six lanes, covering 9.3 kilometres in all. The metro station is also being built and will have a huge impact on the realty prospects of the region in the near future according to experts.

The elevated road will help reach Delhi in only 10 minutes while also linking Noida seamlessly to the area. There is the underpass which helps in linking to Loni, Mohan Nagar and Shahdra and Indirapuram and Siddharth Vihar can be accessed via the bridge over the Hindon River. With great connectivity, high returns on investment are expected in Raj Nagar Extension. The area offers comparatively affordable property prices as compared to several places in Delhi, Noida and Gurgaon. Several real estate projects are due for possession here and more people are moving into the neighbourhood.

With growth in social amenities, Raj Nagar Extension should certainly witness high growth in the future. Raj Nagar Extension offers great connectivity which will only be enhanced in the future, thereby leading to appreciation of property prices. Several commercial complexes are also coming up in the area which will definitely have a positive impact on the realty market here.

 

Resident Editor