Real estate in Ghaziabad is going to take a big leap with a new smart city tag and growing demand of affordable housing in Delhi NCR. Interestingly, Prime Minister Narendra Modi‘s visionary project ‘Housing for all by 2022,’ will boost the real estate in Ghaziabad. As Delhi, Gurgaon, and Noida have little or no land for future and new residential construction projects, Ghaziabad is being presumed as a new real estate destination that offers affordable housing solutions to all. When it comes to real estate, Ghaziabad has NH-24, NH-58, FNG expressway, SH-57, NH-91, and many link roads where real estate can flourish. Along with NH-58, Raj Nagar Extension is a growing urban area known for quality living. It’s proximity to Delhi and the presence of social and physical infrastructure makes Raj Nagar Extension first choice of property investors.
Raj Nagar Extension is the straightforward answer to the question: ‘Where should one invest in Property in Ghaziabad?’ Already inhabited by 4000+ families, it is the most promising residential hub and well-planned city approved by the Ghaziabad Development Authority (GDA). There are many reputed and leading building developers in Ghaziabad which have invested in many existing as well as upcoming real estate projects. Have a look at some of the highlights that pinpoint why invest in flats in Raj Nagar Extension. These include:
- Largest green belt: The USP of the city is an adjoining perennially green and unpolluted belt. The GDA has banned all construction activities in a land of 500 acres along Hindon River as a green belt. This belt keeps the city away from the hustle and bustle of the busy township. The city is centrally-located in the vicinity of posh localities of Ghaziabad.
- 10 km elevated road: A 1,125-crore elevated road extending for 10 km from NH-24 in Ghaziabad to Raj Nagar Extension will improve connectivity and reduce travel time. The toll free road will render a new meaning to the urbanization process of Ghaziabad and its nearby areas, like Vasundhara and Indirapuram.
- Extension of metro line: The approval of 9.41-km route stretching from Dilshad Garden in Delhi to New bus stand in Ghaziabad will improve connectivity between Ghaziabad and the national capital of India.
- Eco-friendly features: The city offers an ideal and serene setting for a pollution-free living in a well planned place that ensures easy and fast connectivity to nearby areas. Some of eco-friendly features of the city include: Pollution free environment, rain water harvesting, amusement parks, and a green belt along the river.
In the last decade, Raj Nagar Extension has developed as a quality urban area with all modern living amenities in a green ambiance. Being situated on the new Meerut bypass, the city allows its residents commute to nearby areas without crossing over crowded areas of Ghaziabad. The most planned city in NCR renders high connectivity with Delhi and Noida (15-minute drive), Greater Noida (5 minutes), Meerut and Hapur (40 minutes each).