Driven by end users, today, Raj Nagar Extension has big clusters of pocket-friendly homes and many of them are on the verge of completion or will offer possession by the year-end. For an end user, it is always advisable to avoid the burden of EMIs and rent at the same time. In this scenario, RNE could be a veritable wonderland for buyers who are looking for ready-to-move-in options.
Ghaziabad’s Raj Nagar Extension seems tailor made for the middle and middle-upper segment looking for ready-to-move-in housing solutions with the most affordable homes in entire NCR. After Kaushambi, Vaishali, Vasundhara and lndirapuram, now it’s time for Raj Nagar Extension that is really on top of the league in terms of affordable property.
In the times to come, Raj Nagar Extension is expecting approximately 7,000-8,000 ready-to move-in apartments and with attractive payment options too. Many developers are offering options of 1-2-3-4 BHK and independent villas with state-of the-art infrastructure and specifications.
From connectivity point, the location is emerging as the most sought-after in NCR because it is surrounded by highways and wide roads that connect the region with Delhi, Meerut, Noida, Greater Noida and Faridabad.
Improving the road connectivity, an elevated road has been approved from UP Gate to Raj Nagar that will provide swift access for daily commuters. To offer signal free drive from RNE, a new road has been proposed from Meerut the construction of which is expected to begin soon.
To avoid traffic jams at Purana Bus Adda and Plaza Hotel, the GDA has approved multiple U-turns and lyovers. Moving further, the authority is trying to 1mprove connectivity with NH24,NH58 and Greater Noida (West) to provide multiple joining points with adjoining cities in the coming future.
Apart from the road, Metro rail connectivity is also being proposed for Raj Nagar Extension, and that will be the biggest attraction for buyers and a reason to cheer for the residents. This will also bring all neighbouring localities in close proximity of RNE. Also, the DPR (Detail Project Report) is awaited for the Mono Rail in the area in the process to make it a world class city. Proposed bridges on the Hindon river will also provide direct connectivity with Delhi and manage daily traffic issues of city.
Seeing the strong prospects of RNE, GDA has proposed beautification of the entire area with green belts on roadsides and parks in the region, installing road lights, 24×7 power supply facility, sports and allied facility in 200 acre and forest area on 100 acre land for night safari etc.-all in an effort to create strong potential to pull buyers and investors both.
Located at a very prime location, Raj Nagar Extension is one of the best options for homebuyers. With many property options in the Rs 25 to 50 lakh range, it is unmatched in comparison in the entire NCR.
If we compare, in the entire NCR region,the very fact that Ghaziabad has earned good revenue through property sale and purchase shows that there is interest of investors as well as of buyers. Particularly for NRI buyers, there have been windfall gains for those who purchased apartments in their early stages and are now selling at the time of possession. Although the circle rate hike is another story,even then the city is giving a tough competition to its neighbours.
Overall a buy in RNE appears to be a win-win situation due to the availability and price of the property, connectivity and infrastructure of the region-all in close proximity to highways, rivers and the national capital.
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