Looking to buy 2, 3 or 4 BHK flats in Faridabad Delhi ’s NCR, Faridabad has been doing extremely well in
the property market due to its geographical location. With the city boasting of
first-rate connectivity with Gurgaon, South Delhi and even Greater Noida, Faridabad has become a
very good option for residential investment for people working in the NCR.
 |
| Image Courtesy: Net |
Faridabad has shown rapid
development in the last few years resulting in many construction firms and
builders to commence their projects here. The prime reasons for Faridabad
gaining popularity is its affordability, infrastructural developments and good
connectivity via roads / rails. It’s no wonder why end-users are showing keen interest
in buying flats in Faridabad.
Another reason that has kept
Faridabad in hot-spot in India’s real estate market is the unswerving
appreciation it has shown despite a slow market. In the face of the market
showing signs of sluggishness, Faridabad has been relatively consistent in
terms of ROI and has been showing around 6% -10% appreciation over the last few
years. With Faridabad realty market being driven primarily by end-buyers (than
investors) and residential projects being more mid-grade and spacious, it is
easier to find 4 BHK flats for sale in
Faridabad.
Though Faridabad in its entirety is showing
development, some regions are more sought-after places for residential
investments. These are either due to brisk physical and social infrastructural improvements
or because of location benefit and connectivity. Posh locality like Green Valley ,
industrial area like Surajkund, Nehrapur, New Industrial Town (NIT) and
developing area like Dayal Basti are all making into the list of best places
for residential and commercial investments in Faridabad . As an investor or end-buyer if you
intend to make an investment that will give you fruits in the future, than
Faridabad is the right place.
Despite Faridabad having a lot of prospective and
several factors favoring it, some issues regarding infrastructure and
inadequate public transport still needs to be sorted. However, regardless of all
these insufficiencies, Faridabad’s realty market still holds a lot of prospect
due to its location, the number of infrastructural developments being
undertaken and the presence of IT, which makes Faridabad a good place to settle
down.