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Raj Nagar Extension Ghaziabad Coveted Hot Spot for Residential Property


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By : sandy maick   99 or more times read
Submitted 2013-07-15 10:35:48

As today Ghaziabad stands for the comfort in the residential property market which is redefining from flats to condominiums, the meaning of the apartments to pent house and residents to villas and estates. To own a beautiful residential property in the first-rate of any city is everyones dream in India specially Ghaziabad. Today this dream becomes all the more difficult if you would like to own a house in big cities like Ghaziabad, Delhi, Bangalore, Kolkata and Chennai. Ghaziabad being the trade of the nation and hence investors pertaining to the real estate are more concentrating not only from India but even abroad.

Population of Ghaziabad is increasing at a massive rate. Unfortunately the rate of new residential property development in Ghaziabad has always been lower than rate of increase in population. Coming cross to an appropriate house within your means is a gigantic task in Ghaziabad. Being the largest residential property market in India having the population around 4,661,452 people. Ghaziabad and its suburbs encompass one of the biggest urban agglomerates. Ghaziabad state may use a new model for redevelopment of old and dilapidated buildings in the city. To encourage composite or cluster wise redevelopment of 16,000 odd cessed buildings, the state plans to prepare a master plan, which will be incorporated in the new development plan of Ghaziabad.

The prices of residential property in Ghaziabad are skyrocketing but still the supply of quality constructions falls way short of the demand. The city is one of the coveted hot spot both residential and commercial property. Because more and more individuals are coming to the city for better employment opportunities, an increase in demand for residential property can be felt more.

Areas seeing the maximum demand and property value appreciation are Raj Nagar Extension, Indrapuram, Bhopura, Vaishali, Vasundhara and other areas. The plots in Ghaziabad suburb, are in good demand as it is one of the upcoming areas. Being a prime tourist, obviously, it has caught the eyes of developers. Increasing connectivity and affordability make this area as a lucrative opportunity to get high returns. One of the eco region was Raj Nagar Extension, this region has seen tremendous growth in past few years. Many builders and developers have invested their money in altering the map of this location by introducing flats, residential apartments. There are numerous flats available in Raj Nagar Extension as well. This place is heart of Ghaziabad. Many people got attracted towards to buy properties in raj nagar extension ghaziabad with the extension of projects in raj nagar extension Ghaziabad.

Properties in raj nagar extension ghaziabad in this area are magnificent and very much attractive. Breathtaking architecture is an additional advantage. It provides architectural designs and amenities and construction is of international class quality. They have facilities, which provide relaxation and recreation. Many facilities like sports, swimming pool, and gymnasium. Proper stadiums are there with world class facilities. Flats are ranging from 2 BHK, 3 BHK or 4 BHK. Prices are also affordable. If someone want luxurious flat, they have it and if someone want home that provides only basic amenities, they have it too. The more you pay better facilities, amenities you get. It is also said that in order to buy a home, a person spend maximum percentage of Income in purchasing it. It is a onetime investment and for making that investment you have to take a decision that is appropriate in every manner.

Thus it is a very good decision to invest your money by purchasing flats in this region. If you start comparing the rates of flats available in NCR region then you will come to know the difference in rates.


Author Resource:- For more information on ghaziabad properties for sale and apartments in ghaziabad visit Commonfloor.com


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