DELHI: Today, amongst places to invest in, Ghaziabad’s National Highway 58 is the most sought after. This stretch has been seeing a lot of development and has an investment potential. This stretch promises a lot for anyone looking for an affordable house. Many developers are coming up with their projects on this stretch, to meet the burgeoning demand of the middle class.
Raj Nagar Extension has witnessed a growth of approximately 40 per cent in the prices of residential space during the last two years. Its connectivity to Noida, Greater Noida and Delhi and more importantly, proximity to Vaishali Metro Station in Ghaziabad has resulted in the increase in prices of residential accommodation.
The USP of this area is an adjoining perennially green and unpolluted belt, which is going to remain undisturbed as Ghaziabad Development Authority has declared 500 acre along the Hindon River as a green belt and banned all construction activity in the area.
Raj Nagar Extension is an ideal locality for the middle class first time buyer/end user, offering choices ranging from a 1BHK for Rs 15 lakh to a 4BHK for less than Rs 50 lakh. These projests offer amenities like entertainment zones, shopping arcades and jogging tracks etc. Some builders like Ajnara, Gaursons, VVIP and Fortune Group to name a few are coming up with various affordable projects. All these projects are loaded with premium amenities to ensure a high class life style.
Raj Nagar Extension is 25-km from Connaught Place (CP) and just 12-km from Delhi border. Soon the area will be connected through a six-lane expressway connecting GT Road with NH-58, which eventually goes straight to Dehradun via Meerut. The Metro line is also knocking the doors of Raj Nagar Extension, which will help residents and transform the locality. A proposed flyover and road from Hindon airbase will offer express connectivity to Delhi via Wazirabad. As per the latest policy development, the proposed Delhi-Haridwar Highway will also pass through Raj Nagar Extension, further enhancing the connectivity of the area.
Raj Nagar Extension is centrally located, in the vicinity of premium localities of Ghaziabad, yet buffered from the hustle and bustle of a busy township. Thus, the location offers an ideal and serene setting for a pollution-free living in a well-planned place with excellent connectivity to areas like Delhi through a proposed Metro link, and to Noida & Greater Noida by way of proposed expressways.