Q: Why should I invest in Faridabad realty market only? In which way it would be useful? I want to know what are the advantages of Faridabad's location..
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. u konw faridabad is industrial hub.
The proposed expressway that links Palwal, Manesar, Kundli, Faridabad, Noida and Ghaziabad will provide interconnectivity among various satellite towns. Also DMRC is extending the metro rail service to the city.. The proposed Metro rail-link and modernization of Mathura Road will further add to the prospects of this town.
If there are many industries then obviously the residential market will be boosted sooner or later. The workforce which comes looking for jobs prefer to settle down in nearby places and this triggers residential demand.
Two decades ago there was nothing great in Faridabad. Later it developed as an industrial hub and now it is even emerging as a residential cum commercial hub.
Why not Yammuna expressway? that has a affordable housing price.Gurgaon is just a hiked place, the prices are too much for investment, good is noida and the expressway thats coming in.