In New Gurgaon and Faridabad which is best for Investment

Q: Which area is better to invest, new Gurgaon or Faridabad?

Joydeep D,

27th February 2013

Investment Advice in Faridabad

faridabad

investment advice

new gurgaon

real estate in delhi-ncr

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Faridabad Investment Advice Investment Advice in Faridabad

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Faridabad real estate is fast developing in the recent years. It is the largest city of Haryana and shares its boundaries with NCR. Properties in Faridabad have been witnessing hike in rates.. Every quarter the rates are getting hiked.. Around 8 to 24 % rise has been seen in different areas of Faridabad. Since the appreciation levels are good, buyers are keen to invest so the housing demand is rising. The prices of Plots in Faridabad are also rising high.

Aman Sohal, Faridabad

26th March 2013

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The two main clusters under Gurgaon that are fast developing are along the upcoming Dwarka-Gurgaon Expressway in New Gurgaon's Sectors 102 to 113 and Sectors 76 to 95 along the NH-8 connecting Gurgaon to Manesar. In these two parts, several affordable and mid-income housing projects have been under development. Many of them were launched 2-3 years ago, and leading builders like ATS, Sobha and Puri have also come up with projects recently which is attracting buyers.

Abhishek,

8th March 2013

Comment

Hi, both Gurgaon and Faridabad are very good for investing in real estate.. depending on other factors like budget, your profession, etc, you can decide where to buy in. Properties in Gurgaon is costlier compared to Faridabad.

Rituraj,

8th March 2013

Comment

You are right Aneek, there are many infra projects going on and coming up as well in Faridabad and Gurgaon. Gurgaon had witnesses more than 100 percent appreciation in property rates. Earlier there was not much growth in Faridabad realty, but from last year there is huge growth and development has kicked of.
As far as I know Gurgaon airport line is being developed. It will provide easy connectivity through metro to West Delhi, Ghaziabad, Noida and other NCR parts.

Gurgaon-Faridabad Reliance Infra Toll road which connects Golf course to nearby NH2 has also started. It has extra wide roads and it will cut travel time by 30% and Neharpar to Cyber city in 40 min time.

A Master road is also being built and it faced many issues and was delayed for few years. Work has started for providing better sewage network in 15 sectors.

Vibhor, Delhi

4th March 2013

Comment

HI Joydeep, TCS is coming up with a large development center on Gurgaon-Faridabad Road. This will create more employment opportunities. The development is happening in full swing in both Gurgaon and Faridabad. And then if top companies like TCS is coming there then the place value will automatically improve high. Many developments are happening in this region, so no doubt about investment being a success here.

Aneek Das,

4th March 2013

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