Raj Nagar Extension Overview
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For those seeking to buy an affordable residential apartment in the Ghaziabad area, Raj Nagar Extension is one of the best upcoming residential localities in the Delhi/NCR region. Raj Nagar Extension is easily accessible from Delhi and the surroundi...ng areas, and will soon boast a Metro station. World-class infrastructure, including hospitals, multiplexes, parks and shopping centers as well as residential and business complexes abound in the area.
Raj Nagar Extension is an upcoming real estate hotspot where investors and buyers alike have proven keen to invest. Providing all the necessary facilities features and amenities, flats in Raj Nagar Extension are perfect for mid-range buyers. Perfect for reasonably priced and comfortable living, it is the most popular choice for medium-scale buyers. Another advantage of investing in Raj Nagar Extension is that there are no unpleasant or controversial issues surrounding the area such as dumping grounds, etc. The ROI (Return on Investment) has witnessed an increase of 2% q-o-q. You can expect investment in this area to see returns of between 5 to 10% approximately.
Average apartment prices in this locality range from Rs. 2500/- to 5000/- per sq. ft. Average land prices are Rs. 20000 per sq. ft. Major builders in this area include KDP Infrastructure, Ashiana Housing, Gaursons India, Land Craft Developers, VVIP Group, SG Estates, Ajnara India, Krishna Realty, etc. The growth rate in this area is 5%.
The circle rate in the area is Rs. 25000 per sq. metre, Stamp Duty is 7% and Registration Fees are calculated at 2% of the total value of Sale Deed.
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