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Look no further than Raj Nagar Extension if you’re ready to find your ideal house in a bustling community! There are about 800 projects available, including opulent single-family homes and luxury flats. This thriving community is home to an outstanding selection of facilities and activities. Over 140 commercial buildings may be found at Raj Nagar Extension in addition to a large number of housing possibilities. It’s a terrific area to live with a thriving economy and a variety of job options.
Prices of home ownership in Raj Nagar Extension
- The typical price of a flat in the region is between Rs 3800 and -5050 per square foot.
- The average cost of land is between Rs. 2450 and Rs. 8500 per square foot.
- Builder floors can be purchased in Raj Nagar Extension, Ghaziabad, for between Rs 3300 and Rs 4400 per square foot.
- The average price per square foot for flats and apartments is around Rs 4300.
- In this thriving town, you will undoubtedly find something that meets your budget.
Infrastructural Social Services of Raj Nagar Extension
A variety of services and attractions are available to inhabitants of Raj Nagar Extension, which is a developed suburb. There are several highly regarded educational institutions to pick from, including the following:
• GD Goenka Public School; Amity International School; DPS; Khaitan World School;M L Public School
Several hospitals and medical institutions, including Manipal Hospital, Avamed Hospital, Ramanuuj Hospital, , Greater Kailash Hospital, Yashoda Super Speciality Hospital, and Lifecell Multi Speciality Centre, are located in Raj Nagar Extension in addition to schools.
Residents in Raj Nagar Extension have access to a range of comforts and amenities, including a number of shopping centres. The area’s most well-known shopping centres are City centre, Nehru place mall, GP mall, Pacific mall, VVIP style.
These malls provide a variety of alternatives for dining, shopping, and entertainment.
Raj Nagar Extension Connectivity and Infrastructure Development Projects
The longest overpass in the NCR was finished and made traffic-friendly in 2018. The travel time between UP Gate and Raj Nagar Extension was drastically cut short by this 10.3 km, six-lane elevated expressway that connects Raj Nagar Extension with NH-24 at the Delhi border. This route, which has an 80 kmph speed limit, is easy and secure for cars.
The flyover helps individuals going between UP Gate and Raj Nagar Extension and makes it possible to avoid the congested Ghaziabad traffic for those travelling to Meerut, Haridwar, and Dehradun. Additionally, the flyover effectively provides signal-free travel for Delhi-Ghaziabad traffic between Sarai Kale Khan and Raj Nagar Extension due to its integration with NH-24.
Raj Nagar Extension will soon be connected to the Dilshad Garden metro link, providing residents with a new means of transit. Residents will have an easy way to go to and from Raj Nagar Extension thanks to this new metro link, making it simpler to access the rest of the city and beyond. The comprehensive project report states that after the proposed expansion is finished, the Delhi Metro line via Shahdara will reach Raj Nagar in the east and Rithala in the west for a total distance of about 38 kilometres.
A crucial route for transportation, the link road between NH-24 and NH-58 offers direct access to the eastern part of Uttar Pradesh via NH-24. Whether you’re planning a longer vacation or just commuting locally, this road is a practical and effective route to take.
The city of Ghaziabad is getting its own stadium for international cricket. The stadium will be built on 23 acres that the Board of Control for Cricket in India (BCCI) purchased and will be situated in the Raj Nagar extension. The relocation of a high-tension power line that was impeding the construction of the stadium would be paid for by the Uttar Pradesh Cricket Association (UPCA), who have promised to pay for its removal.
Advantages of Investing in Raj Nagar Extension
The advantages of investing here are numerous. Let’s examine a few in more detail:
• Raj Nagar Extension is a top investment site because of its superb general connectivity. National Highways 24 and 58 encircle the area, and an 8-kilometer bypass adds to its benefits. Several amenities, including police stations, hospitals, universities, schools, and entertainment venues are also conveniently located in the vicinity. The accessibility of tourist hotspots like Rishikesh and Haridwar is also good.
• High Returns on Investment: Raj Nagar Extension is expected to yield high returns on investment and offers great connectivity. In comparison to other areas of Delhi, Noida, and Gurgaon, the area’s real estate costs are lower.
• Credible and Trustworthy: Raj Nagar Extension is a credible location because there are reputable developers working on a variety of projects including mid-segment, affordable, and luxury housing. With several real estate projects nearing completion and more people moving in, the elevated road will enable a 10-minute commute to Delhi and seamless connectivity to Noida. Since the 14-lane Delhi-Meerut expressway was completely operational in April 2021, the area’s worth has been rapidly rising.
• Affordably priced housing options are available in Raj Nagar Extension, which makes up more than 35% of the housing stock in India’s top seven cities. In recent years, there has been a significant surge in demand for apartments in Raj Nagar Extension, Ghaziabad, thanks to government efforts and remarkable sectoral growth. For both high- and low-income investors, the Pradhan Mantri Awas Yojana (PMAY) offers a lucrative investment opportunity.
Comparison of Raj Nagar extension with Other Localities in Ghaziabad
When compared to other well-known localities in Ghaziabad, such as Indirapuram and Vasundhara, Raj Nagar Extension provides affordable property pricing. According to market trends, the average price of real estate in Raj Nagar Extension is Rs. 3733 per square foot, much less than Indirapuram’s and Vasundhara’s respective average values of Rs. 5235 and Rs. 4929, respectively.
Raj Nagar Extension has a wide selection of options for real estate, including 1 BHK, 2 BHK, and 3 BHK flats priced between Rs. 13.80 Lac and Rs. 78.47 Lac. Raj Nagar Extension provides more economical options for buyers and investors in comparison to Indirapuram and Vasundhara.
A competitive yearly rental yield of 3% is also provided by Raj Nagar Extension, which is higher than Vasundhara’s 2.6% and comparable to Indirapuram’s 3.6%. Because of this, Raj Nagar Extension is a sensible choice for anyone who want to invest in rental homes.
Proposed Raj Nagar Extension Projects
Several top-notch real estate projects that provide buyers and investors with a variety of housing options are located in Raj Nagar Extension. Let’s examine a few of the future initiatives in the region:
APS Krishna Aprameya, MNG Smart Villa, Vaikuntam Vilasa, Narendra Krishna Enclave, SVP Gulmohur Garden Ghaziabad, , Krishna Riviera Heights.
Upcoming Developments Related to Raj Nagar Extension.
The Ghaziabad Development Authority (GDA) has suggested connecting two important city roads to the Eastern Peripheral Expressway (EPE) and the under-construction Delhi-Dehradun national highway (NH-709B) in order to improve traffic flow and relieve congestion in the city. These highways, which are found on the outskirts of Ghaziabad, would offer a different path for heavy traffic and lessen the load on the congested Raj Nagar Extension and Delhi-Meerut Road.
Suggestion: Properties in Delhi
Wrapping up
In Ghaziabad’s burgeoning Raj Nagar Extension neighbourhood, you can choose from a wide range of high-end and fairly priced property alternatives. It is a well-liked option for homeowners and investors because to its great connectivity, close proximity to important transit hubs, expanding population, and business expansion. Population growth in the region is anticipated to continue, making it a top choice for investors seeking enormous returns on their investments. Why then wait? Now is the time to reserve your ideal house!
Frequently asked questions
1. Where is Raj Nagar Extension located and what is it?
Raj Nagar Extension is a residential neighbourhood in the western section of the city of Ghaziabad. It is close to other areas of Ghaziabad and the Delhi-NCR and is located along the Delhi-Meerut Expressway.
2. How much do homes cost in Raj Nagar Extension?
When compared to other parts of Ghaziabad, Raj Nagar Extension has relatively low property costs, with an average price of about Rs. 3733 per square foot.
3. How many different kinds of properties are there in Raj Nagar Extension?
Raj Nagar Extension provides a variety of housing alternatives, including 1 BHK, 2 BHK, 3 BHK, and even bigger apartments. There are both apartments and standalone homes/villas available.
4. Is Raj Nagar Extension an advantageous area for real estate investment?
Due to its inexpensive costs, improved infrastructure, and potential rental yield, Raj Nagar Extension is a viable area for real estate investment.
5. What new infrastructure projects are planned for Raj Nagar Extension?
Raj Nagar Extension is the site of a number of infrastructure projects, including the construction of a new metro line, the extension of the Delhi-Meerut Expressway, and a new cricket stadium.
6. Is Raj Nagar Extension a secure area to call home?
Raj Nagar Extension is regarded as a safe neighbourhood to reside in, and compared to other parts of Ghaziabad, it has a relatively low crime rate.
7. What educational facilities are close by in Raj Nagar Extension?
Raj Nagar Extension is home to a number of well-known educational institutions, such as Delhi Public School, GD Goenka Public School, and IMS Engineering College.
8. What medical facilities are close by in Raj Nagar Extension?
Within a few miles of Raj Nagar Extension are a number of hospitals, including Columbia Asia Hospital, Yashoda Hospital, and Max Super Speciality Hospital.
9. What Raj Nagar Extension shopping and leisure alternatives are nearby?
Raj Nagar Extension offers a variety of leisure and retail alternatives, including multiplexes, eateries, and shopping centres including Pacific Mall and World Square Mall.
10. How well connected is Raj Nagar Extension to the rest of Ghaziabad and the Delhi-National Capital Region?
By road and metro, Raj Nagar Extension is well connected to other areas of Ghaziabad and Delhi-NCR. The community is close to the Ghaziabad train station and has its own bus stop. The planned metro line will boost connection even more.
