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Over the last decade, India has steadily progressed in infrastructure and real estate development. Because of the scale of capital and technology involved at various intervals, the nature of establishments has changed. National Highways and Expressways have played a significant role in defining the country's futuristic and urbanized landscape in charting the course for this story of progress. The government has made this clear on numerous occasions by positioning infrastructure development and related sectors as the nation's growth drivers. Here are a few of the reasons Why You Should Consider Raj Nagar Extension for Investment.
Raj Nagar Extension is a real estate hotspot reaping the benefits of price appreciation due to its proximity to the national highway and expressways. The neighbourhood is located near the elevated Hindon Road and the Eastern Peripheral Road, which connects Kundli, Ghaziabad, and Palwal. This potential hotspot near Delhi NCR offers competitive options compared to the Capital, Noida, and Gurgaon regions due to its relatively low land prices.
Raj Nagar Extension is one of Ghaziabad's most popular residential areas, and it has seen rapid development in recent years. Originally used to avoid the congested Meerut road, the region has since grown into a major real estate hotspot, home to several projects by leading developers such as Nilaya Greens and many others. Raj Nagar Extension is one of the most popular areas for property buyers in the NCR, with properties to suit almost every budget, including entry-level, mid-range, and premium housing units.
Raj Nagar Extension is a good place to invest in terms of future growth potential and has excellent overall connectivity. National Highways 24 and 58 surround the area, and an 8-kilometre bypass provides additional connectivity. Along the route, there are several police stations, hospitals, universities, schools, and other entertainment areas.
The City Forest is a major leisure zone that will boost real estate prospects in the area. Several tourist destinations are easily accessible as well, such as Haridwar and Rishikesh. The elevated road, which will have six lanes and cover 9.3 kilometres in total, will also improve connectivity in the future. In addition to this, metro connectivity is also reaching the area soon, which is bound to have a huge impact on the realty prospects of the region shortly.
Raj Nagar Extension is expected to generate high returns on investment due to its excellent connectivity. In comparison to other parts of Delhi, Noida, and Gurgaon, the area has lower property prices. Several real estate projects are nearing completion in the area, and more people are moving in. The elevated road will allow for a 10-minute commute to Delhi while also seamlessly connecting Noida to the area. There is an underpass that connects Loni, Mohan Nagar, and Shahdra, and Indirapuram and Siddharth Vihar can be reached via the Hindon River bridge.
The purchase of flats in Raj Nagar Extension, Ghaziabad is expected to grow rapidly in the future as social amenities improve. Raj Nagar Extension has excellent connectivity, which will only improve in the future, causing property prices to rise. Several commercial complexes are also being built in the area, which will undoubtedly benefit the local real estate market.
Due to the presence of reputable developers creating prolific projects in diverse segments such as mid-segment, affordable, and luxury housing, the area has been meeting the ever-increasing demand from investors and end-users. Since India's first 14-lane Delhi-Meerut highway became fully operational in April 2021, the region's value has steadily increased. Raj Nagar Extension also has a variety of social structures such as hospitals, malls, commercial centres, schools, and so on.
The presence of reputable players in this area also implies a reign of trust and transparency in the community, which is likely to continue, adding credibility and demand for flats in Raj Nagar Extension, Ghaziabad. In the coming years, an upcoming international cricket stadium will give this region a boost in terms of elevating the city's stature in entertainment and tourism.
Raj Nagar Extension is thus becoming an ideal location for buyers and investors looking for well-secured gated communities with a plethora of amenities such as high street retails, kids’ zone, ultra-modern clubs, swimming pools, and so on that rejuvenate the individual's mind, body, and soul. With its proximity to and seamless connectivity to the business hubs of Noida, Greater Noida, and Ghaziabad, the area dynamics bode well for those looking to earn rental income as well.
Affordable housing already accounts for more than 35% of the housing supply in India's top seven cities. Flats in Raj Nagar Extension, Ghaziabad have seen a sharp increase in demand in recent years as a result of several government initiatives and outstanding sectorial growth. Land and housing assets provide long-term appreciation, making them a safer investment option with guaranteed growth. Both low-income people and financial investors see PMAY's massive concept as a lucrative investment opportunity.
Nilaya Greens’ Affordable Housing Project is being built on NH 28, Raj Nagar Extension in Ghaziabad as part of the Uttar Pradesh Government's Affordable Awasiya Yojana to support the Pradhan Mantri Awas Yojana, which will allow the lower-middle-income groups of the society to avail housing benefits. Club House with Hall and Gym, Kids School, Green Areas with Sports Activity Zones, Parking Space, Provisional Stores, and an unlimited Power Backup are just some of the amenities offered at Nilaya.
If you want to live in a lifestyle home with all of the modern amenities, this is the place for you. Make your reservation today!
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Guided by absolute commitment, customer focus, innovation and professional expertise gained over the years, Nilaya endeavors to emerge as one of the key players in real estate construction and development in India.
The Nilaya Group's mission is to deliver best quality infrastructure in the minimum possible cost to the customer. With this commitment, the group aspires to significantly contribute towards improving the quality of life of its customers, via strengthening and expanding its established position, thus becoming the first choice for existing and prospective clients.
We strive to provide value for money to customer, by timely delivery of quality homes at reasonable prices, through transparent and ethical policies and procedures, as a part of our commitment to the national mission of providing homes to millions of people.