Ghaziabad Development Authority (GDA) has initiated land acquisition process from farmers and landholders for an Aerocity-themed township proposed near Raj Nagar Extension.

The Ghaziabad Development Authority (GDA) has proposed that the Ghaziabad civic body take over Raj Nagar Extension. The proposal was made during a meeting convened to discuss issues delaying the handover of Indirapuram. A similar partial takeover of Indirapuram by the corporation has already occurred.

The Ghaziabad Development Authority (GDA) approved direct land purchase from owners for eight roads under the Raj Nagar Extension zonal plan. Seven roads comprise five at 45 metres width, two at 24 metres, and one at 30 metres. The authority can now sanction maps for high-rises and residential projects and generate revenue. These roads have faced development delays due to land unavailability and legal issues over development charges. The RNE zonal plan was prepared 8–10 years ago. Under Master Plan 2031, GDA has carved 15 zones in Ghaziabad, Loni, and Modinagar/Muradnagar; in 2021, GDA jurisdiction had eight zones. Residents report peak-hour traffic chaos and poor connectivity; some are relocating to areas near NH-9 or Greater Noida.

58 High Street is a commercial project in Raj Nagar Extension, Ghaziabad, spanning 1.32 acres with 6 floors. Features include multiplex, gaming zone, sky lounge, retail shops, anchor store, high street retail, and double-height food zone.

Developer: Charms India, founded 1996 by Ajay Singhal, specializing in residential and commercial projects.

Location: Strategically positioned in Raj Nagar Extension with connectivity to NH-58 and Delhi-Meerut Expressway.

Design: Two-side open project with premium retail outlets, fine-dining restaurants, cafes, quick-service eateries, state-of-the-art cinema, spacious corridors, and stylish storefronts.

Investment highlights: High footfall from surrounding high-density residential areas, designed for top-tier national and international brands, assured capital appreciation and rental yield, sustainable retail model with low maintenance costs.

Payment: Flexible investor-friendly payment plans with transparent transactions.

Ghaziabad was the only NCR market to record quarter-on-quarter sales growth in Q2 2026; launches rose 96% from the previous quarter and accounted for 26% of NCR supply. Across NCR, launches fell 40% year on year to 11,205 units and sales declined 6% to 13,365; launches in Noida and Greater Noida fell 72%.

ANAROCK’s Q1 2026 average quoted base prices were about ₹7,000 per sq ft on Ghaziabad’s NH-24 corridor and ₹6,750 in Raj Nagar Extension, versus ₹14,600 in Noida’s Sector 150 and ₹13,300 in New Gurugram. Prices in Ghaziabad rose about 72% from early 2020 to early 2025. Rent for a 700-sq-ft home was about ₹15,000–₹20,500 monthly.

The 82-km Delhi–Ghaziabad–Meerut Namo Bharat corridor was completed in February 2026, linking Sarai Kale Khan, Ghaziabad and Meerut; daily ridership exceeded 125,000 by mid-2026. Ghaziabad’s Master Plan 2031 allows higher-density, mixed-use development in transit-oriented zones. Demand comes from local industry, commuters to Noida and East Delhi, and families moving from East Delhi. Indirapuram and Vaishali are established; newer areas face infrastructure gaps. Rising supply may increase resale and rental competition, and past price gains do not guarantee future growth.