What is the price of properties in Raj Nagar Extension?

Q: I am planning to invest in Raj Nagar Extension. Please tell me what are the prevalent rates.

Lalit Verma, Mumbai

10th February 2013

Investment Advice in Delhi

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raj nagar extension

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Lalit, are you looking to buy a plot or apartment in Raj nagar extension? Then go ahead with your plan.. No doubt RNE is a good place to invest. RNE witnessed real estate boom in a short span of time and has around 2,000 families living there. There are over 750 ready to move in flats already up in this region. But as of now, the main issue is improving connectivity and traffic decongestion. The Ghaziabad Development Authority is looking to execute the proposed traffic decongestion plan of NH-58 and other roads in Ghaziabad in association with Raj Nagar Extension Developers Association. So shortly this issue will also be cleared.

Vibhor, Delhi

22nd February 2013

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Around 32,460 residential units have been planned in Rajnagar extyension, as it has assured that it delivers on all the parameters, including timely delivery of projects, in the last five years. Generally, projects have several kinds of issues, very few projects remain up to the mark of timely delivery, quality of construction and more. But Raj Nagar Extension is an exception of such cases. Because RNE assures all the parameters, including timely delivery of projects, in the last five years.

Suresh,

22nd February 2013

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Hi Lalit, the rate per sq ft of apartments in Rajnagar extension is approximately around RS 2500 to 3000. Based on the facilities provided in the projects and location, the rates may vary. Lat year at this time the rates have rised upto Rs 2200, but now high-end apartments have Rs 3300 oer sqft. There is around Rs 1000 rise in the rates in one year.

Neeraj Rao,

22nd February 2013

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