Estate Scenario in Faridabad
Real Estate in Faridabad is touching a new high. If you are planning to invest in the Faridabad property market, it's never too late. Faridabad is fast becoming a favorable destination for buyers and investors as property developers are coming up with exciting new residential and commercial projects.
Faridabad, bounded by the National Capital Territory of Delhi
on its north, has been the prime real estate destination for
investors in recent times. Know as the industrial township,
Faridabad is witnessing steep escalation in the property and
real estate market in India.
A place that was ignored by property investors earlier has
suddenly become a hot spot for real estate investments. The
property rates in the city had grown astronomically in less
than a period of nearly 18 months. This is certainly a real
estate boom time in Faridabad in and this place is enjoying
rapid growth in the real estate demand.
The factors that have led to the speedy development of the
region are primarily due to the reports of extending the Metro
Train to Faridabad and a flyover construction at Badarpur
border. There is also the taking up of two expressways namely
as Western Peripheral Expressway connecting Palwal, Manesar and Sonepat in Haryana and the Western Peripheral Expressway.
In the recent real estate boom phase in India, Faridabad
is also experiencing the growing demand of property from builders.
Most of the residential housing is already on verge of saturation
with the constant demand of residential property surrounding
this city. This modern NCR township enjoys its proximity to
Delhi, Gurgaon and Noida and gives shelter to many industrial
There is a proposal of setting up of new Industrial Model
Township (IMT) by the Haryana Government at Faridabad and
Rohtak. Similar in pattern of Manesar near Gurgaon, these
model townships will serve as the global model for an industrial
hub. These townships will integrate industrial, commercial,
residential and institutional sites for operational convenience
healthy work culture.
Investment in Faridabad is the best choice for many individuals
in recent times. This is the right time to buy property in
Faridabad & NCR as the real estate prices are rapidly
growing in demand in this area. Faridabad in the recent past
has seen a lot of growth and development in its infrastructure
as well as property value. Both commercial as well as residential
scenario in Faridabad is buoyant and developing at a massive
Also, there are lots of upcoming real estate projects in
Faridabad which is contributing to the faster growth of this
city. Many big builders and prominent constructors are all
geared up to work on different real estate projects coming
up here. Real Estate companies like Omaxe and few others have
changed the image of Faridabad with modern state-of-art building
and malls construction and other projects both residential
as well as commercial. Residential Projects like 'The Forest'
by Omaxe Real Estate Developers is a prime example of posh
residential development in Faridabad.
Along with residential projects, there is also demand for
commercial spaces and projects. There are few projects that
are still in progress and few have been developed in Faridabad.
Faridabad boasts of cool shopping arcades and malls, multiplexes,
coffee houses, and fun spots. These all attributes make Faridabad
an ideal place to invest and also a very propitious place
for the purchase of property.
Real Estate Faridabad - Buy, Sell, Rent Properties, Commercial,
Residential Land Plots, Office and Retail space from reputed
builders/developers by our qualified real estate agents with
extensive experience in Faridabad properties