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Thursday, 17 January 2019

Infrastructure Development In Ghaziabad Will Boost Property Market

No other real estate hot spots would have ever experienced such surge in growth that the smart city is witnessing today. Be it highways, expressways, flyovers, metro connectivity, elevated road or others, Ghaziabad is continually improving its infrastructure, which in turn is attracting more investments and property sales in the city.
Reports suggest that the demand for the Ghaziabad Property would keep reaching the limit of the sky, if the city continues to get better and better, in terms of connectivity, social amenities, infrastructural development and property rates. As far as the present scenario is concerned, the pace at which the city is evolving as a major residential hub, it would certainly witness a boost in the property market.

Major Infrastructural Developments 
The major reason why the home buyers across the nation are interested in purchasing apartment in Raj Nagar Extension or at any other micro market in the city is the upcoming and existing infrastructure. Here’s a brief describing the varied developments in the city and how they are helping the city improve -

a) Hindon Elevated Road
Hindon Elevated Road
Built in line with the TOD model of development, the Hindon elevated road is making the smart city future-ready. This road reduces the travel time to Delhi to just 10 to 15 minutes, thereby increasing more number of investors in raj nagar extension and the nearby localities. Not just this, the elevated road is also proposed to be extended to Noida, i.e. it would connect to the DND flyover.

b) NH 24 Widening 
NH24 Widening
The widening project of NH 24 is the most talked about project among the potential home buyers. Under this project, the highway would be widened and converted into a 14-lane highway. As a result, this would ease the area from traffic congestion issues.

c) Metro Line
New Bus adda metro station
The metro line running between New Bus Adda and Dilshad Garden is soon going to be operational. Once it is functional, daily commuting to Delhi, Noida, Gurugram etc. would be super easy and hassle-free. Buyers purchasing Raj Nagar Extension Flats will certainly have major benefit of metro rail, as it would boost the property value and rates in an instant.
Elevated to Raj nagar extension
In simple words, Ghaziabad is a profitable destination that will yield better returns on your investment, not just today, but in the near future as well. This makes realty investment in Ghaziabad a wise decision to undertake. So, if you want to reap maximum benefits out of these developments, do begin investing in the right property from now on..!!

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