.png){kind=logo}
Go Back to Main blog page
Why You Should Consider Raj Nagar Extension for an Investment?
2
min read
39 views
3496 Likes
Written by Jayant Upadhyay
In our last blog, warka Expressway: Booming High we discussed about the real estate investment in areas near Dwarka Expressway. Today, we will discuss about an area, where real estate is flourishing. Last few years have witnessed plotted development and new residential launches in this area. Moreover, the strategic location attracts aspiring home buyers looking for units at affordable prices. We are talking about Raj Nagar Extension one of the top affordable localities by consumer preference in NCR and capital values here ranges between Rs 2531-3764 per sq.ft. Let us see why an investment in Raj Nagar Extension is justified on the other side of the ledger
1. Being located on National Highway 58, the area is well connected with Delhi, Noida & Ghaziabad with easy modes of communication. Metro is also coming soon in its nearby locality. Sometime ago, the Government of Uttar Pradesh has approved the metro railway expansion plan by 9.41 km from Dilshad Garden to New Bus Stand.
2. Proximity to NCR largest green belt of 500 acres is really an advantage. 45+ developers are active in this Raj Nagar Extension. So, there will not be any difficulty in availing home loans.
3. Ghaziabad Development Authority GDA has planned the infrastructure of the region. The well development infrastructure and availability of facilities has resulted in the rise of property price between 2011 and 2013. In these 2 years, the property prices has risen by over 50% Source: Times property
4. Ghaziabad is sending fresh proposal for mart Cities program. In case, if the proposal is accepted, Raj Nagar Extension will be a major beneficiary.
5. Abundant supply keeps a check on the property prices. There are more than 34000 approved residential units in the locality. Out of which, 16,900 have been delivered and 15000 is going to be completed by 2018.
6. The Board of Control for Cricket in India BCCI has acquired 23 acres to establish an international cricket stadium. Once done, this will be a major push to residential and commercial property prices.
7. The multiple projects offering amenities like shopping arcades, entertainment zones and jogging tracks make it a perfect habitat.
Tags
Latest Blogs
Financial Education
Importance of Credit Score when applying for a Loan
Read Blog
Jun 27 11:44 AM
23 views
|
Like 2155
Likes
Financial Education
Understanding CIBIL Score Range and Its Impact
Read Blog
IIFL Home Loans | Apr 26 10:54 AM
209 views
|
Like 10478
Likes
Financial Education
Tips to Buy Affordable Homes in India
Read Blog
IIFL Home Loans | Oct 20 10:06 AM
385 views
|
Like 937
Likes
Financial Education
Section 80EEA for Under-Construction Properties - How to Claim Tax Benefits
Read Blog
IIFL Home Loans | Oct 20 10:06 AM
2,540 views
|
Like 1626
Likes
Financial Education
Understanding the Different Kinds of Loan Frauds and Staying Vigilant
Read Blog
IIFL Home Loans | Aug 04 7:08 AM
362 views
|
Like 1658
Likes
Prelude to Building Green - IIFL Home Loan's Guide to Sustainable Affordable Housing
Download report
Most Read Blogs
Financial Education
5 Books You Can Read While At Home If You Are Bored
Read Blog
IIFL Home Loans | Apr 27 4:30 PM
87 views
|
Like 5250
Likes
Financial Education
5 Growing Job Opportunities in Fintech Domain
Read Blog
IIFL Home Loans | Sep 14 8:53 AM
107 views
|
Like 8594
Likes
Financial Education
5 Things to Consider Before Refinancing a Home Loan
Read Blog
IIFL Home Loans | Feb 21 3:30 PM
99 views
|
Like 4670
Likes
Financial Education
All about the Angikaar Campaign - What is it, How Does it Work, Benefits & More
Read Blog
IIFL Home Loans | Jan 03 5:30 PM
97 views
|
Like 3711
Likes
Financial Education
Appraisals On Your Way: 5 Smart Ways To Invest Your Annual Bonus
Read Blog
IIFL Home Loans | Apr 27 11:30 AM
32 views
|
Like 6194
Likes
Disclaimer: The information contained in this post is for general information purposes only. IIFL Home Finance Limited (including its associates and affiliates) ("the Company") assumes no liability or responsibility for any errors or omissions in the contents of this post and under no circumstances shall the Company be liable for any damage, loss, injury or disappointment, etc. suffered by any reader. All information in this post is provided "as is", with no guarantee of completeness, accuracy, timeliness, or of the results, etc. obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability, and fitness for a particular purpose. Given the changing nature of laws, rules, and regulations, there may be delays, omissions, or inaccuracies in the information contained in this post. The information on this post is provided with the understanding that the Company is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other agency or organization. This post may also contain links to external websites that are not provided or maintained by or in any way affiliated with the Company and the Company does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. Any/ all (Home/ Loan Against Property/ Secured Business Loan/ Balance Transfer/ Home Improvement Loan/ NRI Home Loan/ Home Loan for Uniformed Services) loan product specifications and information that may be stated in this post are subject to change from time to time, readers are advised to reach out to the Company for current specifications of the said (Home/ Loan Against Property/ Secured Business Loan/ Balance Transfer/ Home Improvement Loan/ NRI Home Loan/ Home Loan for Uniformed Services) loan.