Property Price Appreciation of Commercial Projects in Raj Nagar Extension

Ghaziabad has come up as a commercial hub and is a backbone of Delhi NCR realty. Raj Nagar extension (RNE) in Ghaziabad is fastest emerging as a realty hub. RNE is the property prices are still quite comfortable and plays a vital role in pulling the customers for residential and commercial spaces. The growing infrastructure and development by Ghaziabad Development Authority and road and metro rail connections are causes for the major boost creating demand.

The Hindon elevated road now fully operational and commercial airport in Hindon has geared up the confidence of buyers which was not so a few years back to choose RNE as a destination. Now Raj Nagar Extension has become an ideal destination for buyers of residential and commercial spaces. KW Group which is one of the leading builders in Delhi-NCR has mega residential project KW Srishti in Raj Nagar Extension. Their next project was a commercial project a high street Mall. The project was started in 2017 and is now almost complete and ready for possession. The buyers of shops in KW Delhi 6 mall have recorded over 300% gain in just four of years investing in this project and still the prices are climbing due to its construction quality and commitments. There are more than 55 big PAN India brands already entered into buying agreement and shortly going to start their shops. The brands like Reliance smart, Bikanerwala, Bata and many more. 

The demand of properties in Delhi NCR will be rising steadily as Delhi will always remain the focal point. The commercial importance of the region will keep increasing due to its connectivity with all peripheral cities in Uttar Pradesh, Haryana, and Rajasthan. Be it any region in NCR, its attractiveness is greatly defined by the connectivity it shares with Delhi. Now with RNE sharing seamless connectivity with Delhi through the Hindon Elevated Road and the metro rail connectivity. The regional fast rail connectivity between Delhi and Meerut will pass through Raj Nagar Extension and that will further boost the traffic flow. Immediately after the completion of Hindon elevated road we have seen property price in secondary market going up. Such effects are unavoidable once the regional railway line becomes operational.

The speed of development in Raj Nagar Extension and its surrounding area by GDA (Ghaziabad Development Authority) in a very proactive manner bound to push the primary property rate by at least 10% in immediate future. Raj Nagar Extension is a complete real estate region with a perfect blend of residential and commercial setups along with apt civic infrastructure.