Property in faridabad

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Published: 04th July 2012
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Property in Faridabad is affordable today as compared to other ncr towns.

Why Faridabad??
It provides close connectivity with gurgaon, noida or Delhi, within 45 minutes drive in the form of metro connectivity till badarpur border, moreover when the Taj Expressway, faridabad-gurgaon expressway and faridabad-sohna-gurgaon expressway will be constructed, connectivity between the new sectors of Faridabad, gurgaon, sohna and Noida will improve. Being an industrial city, it is growing fast and rates of the property in Faridabad are increasing day by day, and the real estate prices have already started shooting up, so one must grab the opportunity in buying property in Faridabad. For instance in aravali, a farmhouse style beautiful villa on a big plot comes at the price of 3 bedroom apartment in south Delhi. At the same time, leading banks & financial institutions are providing great deal in to buy the property. Owing to its close proximity with the national capital of the country, Delhi, there is necessity for more houses to accommodate diverse group of new settles in Faridabad including those who come to the state for educational purpose, in search of Jobs etc is constantly on the rise. Apart from manufacturing industries, BPO and ITes companies have found a position in Faridabad. Property in Faridabad offers manifold business opportunities. There are about 15000 small, medium and large industries in this complex providing direct and indirect employment to nearly half a million people. The combined turnover is estimated to Rs1500 billions in Faridabad itself.

Faridabad real estate is the latest buzz in the market. Earlier it was an unexplored market but now it is in news all over the Indian real estate market. The prices of the properties in Faridabad are low as compared to Delhi, Gurgaon and Noida, and thus more people are looking for options here. The major reasons for this surge in real estate activity can be attributed to the city’s proposed connectivity and its reasonable price range, compared to other ncr cities

Current property projects running in Faridabad include omaxe spa village Faridabad, klj espana, the pranayam Faridabad, the resort bptp parklands. It is expected that the real estate of Faridabad is going to boom further due to high quality projects being created by leading property developers like: 'The Forest' byOmaxe; 'BPTP Parklands', 'Park Grandeura', 'The Resort', 'The Next Door', ' Park Square' and others by BPTP Limited; KLJ Group's 'La-Vista', 'Espana' and 'KLJ Greens';
Triveni Infrastructure's apartment project 'Galaxy', independent houses, etc.

The property in Faridabad is engaged in building varied options in residential and commercial category. These include B National Builders, Arora Construction Co P Ltd, BPTP, Arun Dev Builders, Triveni Infrastructure, Drive In Road, Omaxe Faridabad, Mithakhali Six Roads, Vatika Group, DLF and several others. Affordable houses are the major concern of the but there are still demands for luxurious houses. Take for instance Delhi-based property developer Omaxe. It formed an alliance with Thai Privilege Spas for the introduction of an exclusive spa village in Faridabad. It has been learnt that this spa village would have spa centers where spa management experts would help people unwind and relax. Other than these, Omaxe Hills is a residential complex of high-rise apartments and Omaxe the Forest is a fully air-conditioned residential complex. Triveni Infrastructure is known for offering air-conditioned luxury apartments in sector 78 & 89. Residential Projects like 'The Forest' byOmaxe Real Estate Developers is a prime example of posh residential development in Faridabad

Neharpars, area of approximately 3,000 acres, Neharpar region in Faridabad covers Sectors 70 to 91 it is a blend of both residential and commercial property, a large number of options are available in the residential category, such as multistorey apartments, plots, villas and townships. A number of prominent developers like BPTP, SRS, Omaxe Ltd, Vipul Group, Piyush Group, Puri Constructions, RPS, etc, have undertaken projects in the area.

Navin M Raheja, the managing director of Raheja Group, says: "In recent times, Neharpar’s real estate has seen a steep escalation in property values, enhancing its appeal as a serious real estate market. The location is developing as a residential hub. Many big builders and prominent constructors are all geared up to work on different real estate projects coming up here.

New residential apartments are developed by renowned private developers like Eros, omaxe, bptp, rps infrastructure, era group etc., such apartments are available from 500sq. ft. to 5000sq. ft... Ready to move-in new residential apartments & fresh membership in upcoming housing societies is available.
Given the high cost, only 32 apartments are being constructed in Royal Retreat III.Royale Retreat flats are lavish five-bedroom apartments with a built-up area of 4,395 sq ft and earthquake resistant. The Retreat's sample flat is on the 12th floor of Royal Retreat I, and it commands a lovely view of the surrounding roads, buildings and the wilderness beyond. The basic price of these apartments is Rs 3 crores plus.
Facilities: The apartments here have 100% power backup. A clubhouse with a swimming pool and a fitness centre will be built between Royal Retreat Towers II and III.Parking will be available either at the stilt level or in the basement.

Both commercial as well as residential scenario in Faridabad is buoyant and developing at a massive rate.
The affordable luxury apartments provide quality living solutions for people. Affordable luxury apartment is exquisitely designed, and conveniently located to prime business & leisure areas, central business district airport. These affordable luxury apartments are well suited for guests even for short or long stay, weather corporate or individual on business or leisure travel to india.such affordable apartments offer fully furnished and serviced luxury apartments with advantage of a fully functional kitchen, living & dining areas and exquisite bedrooms with loaded amenities including swimming pool, a/c gym, club house, squash court, tennis court entertainment centre, multi-cuisine restaurant 24/7 coffee shop, super market etc on location with a host of personalized services including daily housekeeping, room service, laundry, cook-hire, car hire/ transfers etc. everything aimed at delighting the client.

Best builders have been at the forefront of real estate developments in Faridabad over the last few years. A number of world-class new residential and commercial running and upcoming projects have sprung up that have been developed by these best builders in Faridabad. The best builders use cutting-edge designs and construction methodology that have re-defined our skylines and created state-of-the-art homes and offices. The top best builders in Faridabad also offers services like project management, integrated facility management (operation, maintenance) etc.

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