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Developments of Fast Growing Faridabad at a Glance
| September 11, 2007 |   (1 votes, average: 1 out of 5) Loading ... |
Faridabad is located amidst lush greenery in proximity to the historical Tughlakabad Fort and the ancient ruins of Surajkund. With real estate in NCR touching new highs, Faridabad tightens its grip at its position of being a growing satellite town especially if residential investments are taken into view.
Faridabad properties possess great potential which has been tapped mainly because of the real estate developments in surrounding areas of NCR. Builders have made a beeline to make a killing as the city is now a major focus area for HUDA.
Two years ago, builders used to keep themselves at bay from Faridabad real estate and the area was indeed not marketed by anyone. But if seen today, Faridabad has completely undergone a makeover. A major part of the city’s prominence owes more to its proximity to the Capital.
The overall development of Faridabad realty comes on the back of the regional potential combined with the distribution of real estate activity. HUDA is to also share the credit for being supportive of the private mode of development.
Townships in Faridabad
Staying in step with new concepts and upgradations in Indian real estate, Faridabad is seeing new developments especially in residential segment. The first Township is to develop on the lines of Charmwood Village, a residential project built under the banner of Eros. Other projects are Lakewood City and Greenfield Colony. They all are located in the vicinity of South Delhi.
Green Spaces in Faridabad
Of all the sectors in Faridabad, Sector 43 is coming up as a center for fast and sustainable growth. It is situated in green belt in proximity to reserved forest area and the famous Surajkund complex.
Naharpaar, Investors Fancy
Sector-86 in Faridabad is commonly known as Naharpaar Area and is set to undergo a paradigm shift in near future. The area has everything which can make any place a favorable destination as far as investments is concerned. Enjoying a strategic location, the area is well linked to Delhi on one hand and the twin cities of Noida and Greater Noida on the other.
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govt of hariyana gave license to all the project 1. 5 years back now most of the project’s maps yet to approve for which there is no construction going on? does it take so long to approve the maps? also there is no infrastracture, where as govt has taken around rs 140/- per sqft as EDC and IDC from the flat owner/ investor. I magine if one pay around 1.5 lac to 2 lac for infrastructure how much money govt collected from around 10000 flats? few thousand crore?? Where is the money ????? when will the govt create infrastructure ???? can any one answer??? why its taking so so long morethan a year to approve the maps???? is there some ones vested interest lying???