Faridabad, the Real Estate Investment destination for budget Property in Delhi NCR

| Category:- Real Estate
19th March, 2025

Faridabad enjoys a prime location both geographically and politically, the largest city in the state of Haryana shares its border with the National Capital and Union Territory of Delhi to its north, Gurgaon district to the west and Uttar Pradesh to its east and south. Moving downwards towards its south region along NH 2 it has Palwal, Mathura, Vrindavan and then Agra, destination had emerged as pure industrial town with enormous employment opportunities coming out from the industrial sector. The

Faridabad is a booming industrial hub due to presence of various big, medium and small-scale industries, reputed MNCs attract a lot of people for employment, which is creates huge demand for residential property. Also, there is an availability of various retail spaces in Faridabad which makes it a convenient option for the people living in the city willing to start their own shops and small businesses. People interested in budgeted homes in close proximity to NCR and Delhi are aiming this area. The basic amenities like water and electricity are provided by Municipal Corporation and Dakshin Haryana Bijli Vitran Nigam respectively.

The sectors 66 to 89, between Yamuna River and Agra canal was earlier known as Neharpar or now popularly referred to as Greater Faridabad. While sector 66 to 74 includes industries; residential sectors start from sector 75 to 89. The plan for the area is well laid down with an aim to develop this area as a self-sustained sub-city with wide roads, high rises, shopping malls, educational hubs along with commercial and health centres.

Faridabad is fast becoming the next hot destination for expanding property developers with new residential and commercial projects, with its close proximity to Delhi is emerging as one of the best destinations for investment in Real Estate in the Delhi NCR region. Faridabad is on the fast track to be one of the emerging and happening cities of NCR with new residential and commercial properties coming up and the city is fast catching up to be a favorite for investors and the corporate world. As Faridabad develops into a preferred destination for MNCs, the IT, ITES and the BPO sector, the retail and commercial sector is also at its best with sprawling malls and swanky offices.

The proposed Metro rail-link and modernization of Mathura Road increases the demand for property. Faridabad’s improved  connectivity  with  key  cities  in  NCR,  has  been  favourable  for  its  realty  market. The real  estate  market  in  Faridabad may  now  boom  with  improved  infrastructure  like  Gurgaon-Faridabad  expressway,  six-lane  Mathura  Road, expansion  of  metro  rail,  and  the  Faridabad-Noida-Gaziabad  expressway. This region’s real  estate  market  is going  to  witness  additional  impetus  on  account  of  the  improved  connectivity  brought  by  the KMP Expressway, FNG  flyover  and  the  Badarpur  flyover.

With a rapid development in terms of malls, schools and hospitals, the residential sectors are closeby well equipped with social as well as physical amenities. A three-km flyover between Delhi and Faridabad which ease traffic bottlenecks at the Badarpur border has already cleared the traffic bottlenecks in the area. Six-laning of the existing bypass road starting from Badarpur, parallel to the Agra and Gurgaon canals is further adding to its connectivity. Kundli-Manesar-Palwal Expressway has provided better connectivity and other public transportation systems like an extended Metro corridor, Bridges and Kalindi Kunj bypass road project to enhance the connectivity.

The latest trend has revived the dream of home-seekers to build home on plots, according to their taste and preference. The availability of plots will not only re-energize those dreams but also stabilize real estate prices in the region. When it comes to buying a house in Delhi NCR, Faridabad comes as quiet an affordable option. While buying one's dream home in Delhi or Gurgaon has become a dream for many, Faridabad can be a good alternative. Faridabad property market  mainly  has  affordable  housing  in  low  ticket-size  projects,  with  a few  luxury projects.  Most of  the  apartments  in  Faridabad  are  low  and  medium-sized  projects. The market is dominated by the middle-income buyers, one of the  most affordable  markets  in  the  NCR,  more  end  users  than  investors.  .

Today, many property developers are developing 1BHK, 2BHK, 3BHK and 4 BHK apartments and builder floors in affordable and luxury segment in various sectors in Faridabad. They offer well-equipped infrastructure along with world-class amenities for both residential and commercial projects. Peaceful environment and comfortable commuting options are enriching Real Estate in Faridabad. Due to ample green and open spaces, the residential apartments are equipped with all state of the art facilities like jogging tracks, walkways, lawns, clubs, swimming pools etc. Development of facilities at Faridabad attracts masses to buy residential and commercial properties. Faridabad Properties are available for buying selling and rental, at attractive rates.

Faridabad Property market is touching greater heights of turnovers and offering lucrative opportunities to invest. Development of facilities at Faridabad is attracting masses to buy residential and commercial properties. Investors across the country are paying attention to mounting rates of Properties in Faridabad and finding it a lucrative. Faridabad is currently an end-user/buyer market and among the most affordable segments in the NCR. The unit prices and apartment sizes available in Faridabad suit the requirements of average households whereas the real estate market is going to witness additional impetus on account of the improved connectivity. In such a market, timely delivery of project, allotment of the right units, construction quality and other such issues become critical. Some of the popular property locations are:

Neharpar now popularly known as Greater Faridabad is an upcoming real estate investment destination for mix of affordable as well as luxury properties, well-developed infrastructure, renowned educational institutions, health, and commercial centres, many home buyers have invested and living. Neharpar is surrounded by Delhi, Noida, Greater Noida and Gurgaon, also connected to other areas like Faridabad, Palwal, and Mathura through NH-2 and with Gurgaon via Gurgaon-Faridabad Road. The area houses state of art modern and wide roads, high-rise residential complexes, and thriving industries, home to some of the best schools and educational institutions of the regions Many renowned health care centres, malls, and recreation centres are also in close proximity to this locality. One can easily invest in their dream property as the property price here is still at a lower side compare to Gurgaon and Noida.

Surajkund neing in the middle of hills, is its abundant green cover and proximity to south Delhi, well connected with Gurgaon via the Gurgaon-Faridabad road and the Mehrauli-Badarpur road further enhances its connectivity with other NCR regions. Prominent hospitals, malls and five star hotels are available in Surajkund. The area also has many affordable options that drive middle class end-users and investors seeking properties near Delhi.

Green Valley is a posh locality of Faridabad with all basic amenities and facilities, well-connected to South Delhi witnessing a good price hike and the return on investment and is located walking distance from Mathura Road, M.G. Road and metro station.

Dayal Basti is a newer developing area in Faridabad located in close proximity to Old Faridabad, NIT and Ballabgarh. There is a great demand for affordable housing projects. Another attraction for this location is the availability of good schools, colleges and hospital.

NIT or New Industrial Town is popular due to its proximity to Ballabgarh, Old Faridabad, Delhi and Gurgaon. People interested in budget homes in close proximity to NCR and Delhi are aiming this area. The basic amenities like water and electricity are provided by Municipal Corporation and Dakshin Haryana Bijli Vitran Nigam respectively.

Infrastructural development is attracting realty majors to plan big and bring in projects that are of international style and standards. The number of real estate majors are already present to tap the emerging demand for projects with state-of-the-art infrastructure and equipped with the latest lifestyle facilities. Consequently, the real estate sector in Faridabad definitely has a promising and developing future for people looking for investment options. With infrastructure developing immensely in and around Faridabad, will see an even better demand and supply in the upcoming years. Faridabad is currently an end user market and is still amongst the most affordable markets in NCR region.

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