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Is Raj Nagar Extension a Good Location For investment?
Raj Nagar Extension is one of Ghaziabad’s most popular residential neighbourhoods, and it has seen rapid expansion in recent years. In previous years, the area was utilised to avoid the congested Meerut road; however, it has now grown into a significant real estate hotspot, with multiple projects by leading developers like as Migsun Group and others. Raj Nagar Extension is one of the most popular areas for property seekers in the NCR, with options for nearly every budget, including entry-level, mid-range, and premium home units.
Raj Nagar Extension, Ghaziabad is a wonderful location to invest in terms of future growth potential and general connectivity. The area is surrounded by National Highways 24 and 58, as well as an 8-kilometre bypass that provides the additional connection. Along the road, there are various police stations, hospitals, universities, schools, and other leisure areas. The City Forest, along with the upcoming cricket stadium, is a key recreational zone that will increase the area’s real estate potential.
There are a number of tourist spots that are easily accessible, including Haridwar and Rishikesh. The elevated highway, which will feature six lanes and a total length of 9.3 kilometres, will improve future connectivity. The metro station is also being built, and analysts predict that it will have a significant impact on the region’s real estate prospects in the near future.
The elevated road will reduce travel time to Delhi to just 10 minutes while also connecting Noida to the area. There is an underpass that connects Loni, Mohan Nagar, and Shahdra, while the bridge over the Hindon River connects Indirapuram and Siddharth Vihar. Raj Nagar Extension is predicted to generate high returns on investment due to its excellent connectivity. In comparison to numerous locations in Delhi, Noida, and Gurgaon, the location has lower property prices. Several real estate projects are nearing completion, and the area is becoming more crowded.
Raj Nagar Extension is expected to grow rapidly in the future as social amenities improve. Raj Nagar Extension has excellent connectivity, which will further improve in the future, resulting in a property rate hike. Several commercial complexes are also planned for the area by the best developer in Delhi-NCR which will have a good impact on the local real estate market.