Take your pick from Noida Extension with its close proximity to Delhi or Raj Nagar Extension with its increasing connectivity benefits? Home buyers today, have access to incredible range of options, when it comes to choosing the right property to invest in Delhi NCR.
Hence, if you are looking for a lucrative property that yields good returns to you, in terms of budget, future value etc., it becomes very difficult to choose one among many. However, if you go as per the market reports, the above two locations, viz. Noida Extension and Raj Nagar Extension are considered to be the hottest realty destinations that can surely be your right pick.
So, here’s a quick property overview on the said locations to help you make the befitting choice –
I. Connectivity
RNE and NE, the perfect choice of home buyers in NCR are attracting thousands of eyeballs, owing to their multiple connectivity features.
Raj Nagar Extension
- Located in close proximity with reputed schools and colleges, recreational centres, food courts etc.
- Situated on NH 58, which eases daily commuting to Delhi, noida (15-minute drive), Meerut and Hapur (40 minutes each), Noida extension (5 minutes), gurugram and other major cities.
- Soon, the area will be connected via Metro that will run between New Bus Adda and Dilshad Garden.
- Connects you to Dehradun via Meerut.
Noida Extension
- Connects you to several hotels, banks, hospitals and schools and other allied structures.
- Easy to reach by Noida–Noida Extension Expressway. Also, it is just 30 kilometres away from New Delhi.
- The nearest railway stations include Tughlakabad, Faridabad, Dadri, Ghaziabad and Ballabhgarh
- Shares close proximity with Yamuna Expressway that in turn, makes it easier to reach Agra.
II. Appreciation
Owing to the continuous developments in the area, both the
locations are witnessing huge appreciation in property price trends.
Raj Nagar Extension
Raj Nagar Extension has emerged as a huge realty hub in Ghaziabad. Be it price factors or infrastructural factors, the flats in Raj Nagar Extension have always lived up to the expectations of the end-customers. Some of the major factors that play a major role in boosting the property price here are mentioned below –
- Increasing demand from the middle income section
of the society.
- Development of Hindon elevated road that
minimizes the traveling time to Delhi to just 15 minutes.
- Seamless metro connectivity that is nearing
completion.
The price range of properties available at RNE is between
Rs. 1.96 lacs and Rs. 12 crore.
Noida Extension
NE has always been seen as a pocket friendly housing destination. However, due to traffic snarls and bad roads, most of the buyers looking for flats in Delhi NCR restricted themselves from purchasing a home here. According to market indicators –
- No price appreciation has been observed in the
market in the past one year.
- The price of properties at NE ranges from Rs
3,000 to 3,200 per sq ft.
- Social and physical infrastructure projects are
in their pending stages.
- Public transport facilities are also not up to
the mark
This place stands as the only destination that attracts
buyers solely on its cheaper housing solutions.
III.
Property Under 25 Lacs Budget
As is evident from the above point, both Raj Nagar
Extension and Noida Extension are cherished for their pocket friendly housing
options. These locations specifically target the middle class home buyers, who
want to live at a strategic location and enjoy all the modern facilities that
every sophisticated individual would love to experience.
At Raj Nagar Extension, there are variety of housing projects, such as River Heights, which will offer you quality flats under just 25 lacs budget. Similarly, in Noida Extension, you can get your ideal ‘home’ within the given budget.
IV.
Infrastructure Development
Various infrastructural developments and social amenities
add to the many reasons to invest at these two locations.
Raj Nagar Extension
- A metro line between New Bus Adda and Dilshad
Garden.
- Hindon elevated road that connects raj nagar
extension to UP gate.
- Availability of reputed schools, colleges,
medical institutes, shopping complexes.
- Wider and smooth roads
- Longest elevated rapid rail project is on its
way. Once it gets completed, it would take just one hour to travel between
Delhi and Meerut.
Noida Extension
- A metro line connecting several areas of noida
extension
- Taj International Airport is soon going to be
set up, which would be just 72 kilometers away from the IGI Airport.
- Planned infrastructure with special economic
zones, very few red lights and institutional and industrial areas.
V. Flats
Possession
Determining which of the two locations is the best for you
is completely dependent on your preference to shift immediately or at some time
later.
Raj Nagar Extension
Most of the projects in raj nagar extension are nearing possession & available at 25L Budget . Hence, flats are getting booked as well as possessed at a very rapid pace. Also, the projects here are RERA certified.
Noida Extension
If you are looking for immediate possession, then this
location might not suit your preferences well, as many projects are under
construction and would offer possession in a future date. However, for ‘only
investment’ purpose, this place can work for you.
VI.
Reasons To Invest
In addition with the above points, there are several other
reasons to invest at the said locations.
Raj Nagar Extension
- The housing projects here consist of 15000+
residential units in almost 360 acres of land.
- Green and unpolluted belt
- Projects offered from 45+ reputed builders.
Noida Extension
- Well-developed residential and industrial areas
- Most budget friendly flats
- Commercial and employment hubs
Conclusion
Both these locations have their own advantages and
disadvantages. Although none of the locations can be said to be as ‘bad’, in
terms of connectivity and budget, yet comparing the two as per different
choices, needs and requirements, is what every potential home buyer must focus
on.
Here are some very useful benefits of investing in a 
