Faridabad is the largest city of Haryana and shares its boundaries with NCR. A recent study has projected this old industrial city as the country’s ‘city of the decade 2011-21 ‘. It is the economic hub of the North Indian state and has become the apple of many a realtor’s eyes due to its proximity with national capital and its strategic location. Neharpar Area in Greater Faridabad is estimated to offer the most cost-effective option as compared to Noida, Gurgaon and other parts of Faridabad.
Big players like DLF, Emaar MGF, Aspire Realtors, Tata Housing, Unitech, CHD Developers, etc have strong presence in Gurgaon’s real estate sector. Realty players are coming up with more and more projects to tap the major flow of people moving into Gurgaon. Demand for residential market in Gurgaon can be witnessed from the fact that Godrej Properties have sold over one million sq ft of space in Gurgaon on a single day. Vatika City, launched by Vatika Group, which will be the largest ever group housing development in Gurgaon.
NCR is a urban agglomeration which includes along with capital Delhi, cities in neighbouring states of Haryana, Uttar Pradesh, Rajasthan and Uttarakhand. Both Gurgaon and Faridabad receive favours from investors due to excellent connectivity, proximity to Delhi, urban planning and employment opportunities created in the past decade. Some analysts have gone so far as to define India’s development saga along the rising skyline of NCR.
Gurgaon Real estate is rising up like anything. It will give you better future returns than any other NCR region. Positive points its will give u immediate possession and great developers are investing.