Ghaziabad has grown in stature as a commercial hub in the last decade or so. There are several reasons behind the rise of Ghaziabad as this growing commercial centre, one of which is the extension of Delhi Metro to several areas of commercial prominence in the city. Its development has also been expedite due to its inclusion in National Capital Region (NCR). The city has seen a surge in investment from business houses from across the country and even abroad. And this rise in investment is expected to reach new highs in the future. Other significant reasons for the increase in the number of commercial shops in Ghaziabad include the redevelopment of areas around the Hindon River, building of new roads connecting the city to other important cities nearby as well as the start of operations of the commercial airport, which promotes easy connectivity between Ghaziabad and other cities across the country.
Amongst other areas in Ghaziabad, Raj Nagar Extension has witnessed a great surge in commercial activities lately. No wonder there has been a considerable increase in the construction of commercial shops in Raj Nagar Extension. If you go back a few years, there weren’t as many retail shops in Raj Nagar Extension as there are now. If you are looking to invest in a high-street retail project in Ghaziabad, you would find more than a few of these in Raj Nagar Extension. That wasn’t the case a few years ago. Today, there are as many high-street retail projects in Raj Nagar Extension as you will find in any other sprawling locality in Delhi or Gurgaon.
There are several shopping malls in Ghaziabad and several others are under construction. One such promising commercial space that is expected to host some of the best retail brands around is Himalaya City Center. It has all the makings of the most investment-worthy properties in Raj Nagar Extension.
As we already alluded to a little earlier in the blog, investment in commercial shops in Ghaziabad, especially Raj Nagar Extension promises significant gains to investors. This is why many investors are putting their money in acquiring shopping malls in Raj Nagar Extension and retail shops in Raj Nagar Extension. The heightened interest of investors in commercial property in Raj Nagar Extension can also be put down to the number of residential projects that are already built and others that will be constructed in the next few years as well as the infrastructure development work that is underway. All these things put together are pointing towards an exponential rise in property prices in Ghaziabad in the time to come. So the right time for investment in commercial property in Raj Nagar Extension, Ghaziabad is now.
Ghaziabad is showing signs of growth and development, which Gurgaon used to a few years ago. If trends continue to follow their current pattern, Ghaziabad will reach the state of commercial prominence that Gurgaon has been able to in the next few years. If you are looking to invest in malls or retail shops, Raj Nagar Extension Ghaziabad could be a good bet right now.