Monday 15 January 2018

Raj Nagar Extension Gets an Elevated Profile


The six-lane Hindon elevated road will provide seamless connectivity to commuters moving from Raj Nagar Extension to UP Gate and make an investment in this area very profitable. The 10.3km-long, six-lane Hindon elevated road from Raj Nagar Extension to UP Gate, which further connects to Barapullah elevated road in New Delhi, is on track for completion by the end of this year.

The elevated road intersects the Metro line on GT Road and the Ghaziabad authority is now raising the height of the road to 20 meters to facilitate the Metro line below the road.Existing and planned infra setup is of a very high order and will allow residents and future buyers to invest here without hesitation. The promise of return or adaptability to the environment due to connectivity and strategic location doubles the effect. The elevated road, under construction, will reshape the skyline of the region and add more value to it, once it becomes operational.

With such world-class infrastructural development, several micro pockets in Ghaziabad like Vasundhara, Vaishali, Indirapuram, and Raj Nagar Extension along the elevated road will benefit enormously. The commute time for the resident of these areas, particularly of Raj Nagar Extension, to south Delhi, will be reduced by half – to around 30 minutes.

Pricing and infrastructure are playing the most vital role in pulling in customers to this region. Connectivity, the variety of products and sellers to choose from, has ensured an impressive demand and growth for this area over the last few years. If one can highlight the key infrastructural developments which are in the pipeline in Raj Nagar Extension, one cannot ignore the 10.3km-long elevated road, which is coming up at a cost of Rs 1,147 crore.

The first phase of this project is almost over and officials say that it can be opened for commuters this year itself, if feasible. Apart from this, the authority is also constructing a 9.41km-long elevated Metro link from Dilshad Garden to Ghaziabad’s new bus stand, at an estimated cost of Rs 2,210 crore, which will also cater to Raj Nagar Extension.

The realty growth of a region depends highly upon connectivity with its neighboring regions and the surrounding infrastructure. Raj Nagar Extension in the NCR enjoys good connectivity due to the presence of NH-58, NH-24, several sector roads, underpasses, and the forthcoming elevated road to UP Gate. Thus, the return on investment here is sure to be great with appreciation likely over the next 3-5 years.

Other than this, there are many projects which have been completed and thrown open to the public or are nearing completion. The 3.3 km Link Road connecting NH-58 to NH-24 near Crossings Republik gives direct access to the whole of eastern UP from this region. A railway under-bridge is being constructed on the road parallel to the Hindon at Vasundhara.

Raj Nagar Extension is also a step closer to getting an international cricket stadium and a sports academy. GDA has completed the purchase of nearly 23 acres for the facility, at an estimated cost of Rs 60 crore. Nearly 16,000 housing units have been delivered, against the approved 34,000 units, with the remaining units under construction.

The six-lane Hindon elevated road will connect UP Gate to Raj Nagar Extension. Once complete, the road will reduce the travel time to a mere 15 minutes, while it takes nearly 45 minutes today.








sourceby- TimesProperty, TOI

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