Strategically positioned along the National Highway 58, Raj Nagar Extension is touted as the most affordable residential locality in Ghaziabad with excellent connectivity to the suburban areas such as Vaishali, Vasundhara and Indirapuram.
Gone are the days when Raj Nagar Extension was considered as an investment hotspot. With the onset of the new metro line and several ongoing and upcoming residential and commercial projects in the pipeline, Raj Nagar Extension is metamorphizing into a popular affordable market in NCR.
Here are some of the key factors that make this locality an end-user market:
Connectivity: Strategically situated along the Meerut Bypass, the area enjoys proximity to Noida, Delhi and Ghaziabad. The Hindon road which is NCR’s longest elevated road connects UP gate on the Delhi Ghaziabad with Raj Nagar Extension. This elevated road is exclusively designed for smooth traffic flow and to reduce the travel time for the commuters traveling from Ghaziabad to Delhi.
Civic Infrastructure: This locality boasts of a robust civic infrastructure which is one of its main USP. The area is blessed with some of the prominent schools and educational institutes such as GD Goenka, DPS, IMT Ghaziabad and several other renowned hospitals. The other civic utilities like shopping centers, grocery stores and medical centers are easily accessible from here that further makes it an ideal destination for end-use purpose. Moreover, the electricity and water supply facilities are pretty decent in Raj Nagar Extension. There are several upcoming commercial projects in the pipeline which will further improve the civic infrastructure of this locality. Migsun Migente is one such commercial project by Migsun Group which is featuring high street retail shops and entertainment options. To get the full project insights you can visit this link:
Affordable properties: The property rates in Raj Nagar Extension are affordable and does put much pressure on the buyer’s pocket comparatively to other regions of Delhi NCR. The growth in this locality is largely driven by middle-class end users. Several prominent builders are offering affordable projects in Raj Nagar Extension that are expected to be completed soon. Migsun Group is one such builder which has launched a new project under the PMAY scheme; Migsun Roof. The project is featuring skillfully designed and spacious residential apartments at an affordable price. To know the complete project details, you can visit this link: https://www.wealth-clinic.com/microsite/migsun-roof/
1)Delhi’s Red Metro Line: With the commencement of the Delhi’s red metro line, the connectivity quotient in Raj Nagar Extension has further improved. This new metro line is a big sigh of relief for the daily commuters who otherwise had to rely on public transport. The introduction of this metro line will not only improve the travel time between Delhi and Ghaziabad but is also anticipated to boost the demand for homes, majorly among the localities that fall along the stretch of this new corridor.
2)Elevated Hindon road: To smoothen the traffic flow between Delhi and Ghaziabad, the Ghaziabad Development Authority has proposed to build an 8 km bypass route between Hindon Elevated Road and Delhi-Meerut Road. This is expected to improve the travel time and soar the property rates in the adjoining areas.
With several projects in the ready to move-in and under-construction phase, Raj Nagar Extension has a lot to offer if you are looking for an affordable property in a developed locality. With the commencement of the red metro line and a few infrastructural and commercial projects in the pipeline, the locality will surely witness unprecedented growth in the coming years.