Rental
Homes - Faridabad
Faridabad is the latest hot spot for property developers. This
industrial township has gradually found hoard of investors as
Gurgaon & other NCR places are nearly saturated. Faridabad
is attracting builders and realtors as it is strategically located
on the main Mathura Road, NH-2 and enjoys proximity to Delhi,
Gurgaon, Noida and Ghaziabad.
Faridabad Sector 14 is well connected to New Delhi, Greater
Noida and Gurgaon. The city is just 10 kms away from Ashram
crossing at Mathura Road. This vibrant township which accommodates
number of small scale industries is well planned and connected
through road and railways to nearby towns.
The recent government proposed projects have also made this
township a coveted destination for real estate investment.
Faridabad-Noida-Ghaziabad-Kundli Expressway, Kundli-Manesar-Palwal
Express Highway, Badarpur crossing (NH-2) overbridge, expansion
of NH-2 and expansion of overbridge at Badhkal Lake will furthermore
connect Faridabad to surrounding areas for a hassle free journey.
Also, very soon Metro will be spreading its network to Faridabad
making things far better for daily commuters.
These latest developments have made Faridabad a prime location
for real estate residential and commercial property.
There is a growing demand for residential rental spaces in
view of the recent developments. There are prominent builders
and real estate developers working to make this township a
vibrant place to live. No wonder, there is mushrooming of
commercial complexes, malls, multiplexes, residential and
commercial apartments in and around Faridabad township.
BPTP is one the developers coming up with a little over 1000-acre
township called ‘Parklands’, just behind sector
14. Experts say that in last two years the prices in Faridabad
have appreciated by 100 per cent. This market will mature
faster than Gurgaon or Noida and the land prices will reach
the same as that of Gurgaon and Noida in another two years’
time.
Era Infrastructure (India) Ltd is coming up with a group
housing project over an area of 25 acres. This project will
be equipped with all the modern facilities and amenities comparable
to the best of the condominiums abroad.
Omaxe Group is coming up with ‘Green Valley’.
Sprawling over 25 acres of land the project includes parks,
commercial complex, shopping and recreational facilities.
The group’s other two residential projects, ‘Omaxe
City’ and ‘Omaxe Hills’, are in the pipeline.
Similarly there is a mad rush amongst builders for construction
of parks, multiplexes, commercial complexes, department stores,
recreation home and many upcoming projects. The residential
complexes are inviting dwellers. Rental homes are in demand
due to the expansion of this new industrial township. Property
market in Faridabad is abuzz with rental as well as commercial
properties. This is the best time to find rental spaces in
this city as prices of real estate are escalating rapidly.
If you are searching for rental homes in Faridabad, contact
us now.
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