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Why Just Faridabad Property?

1 Comment   |   December 21, 2006    02:25pm   |Contributed by Indian Realty News

One reason standing for the success of fast developing Faridabad can be discussed from development viewpoint. With excelling in industry, better medical facilities and better infrastructure, anyone can look forward to new Faridabad in approaching years.

Faridabad, enjoying the status of being industrial heart of Haryana, has grown enormously in the past few years, chiefly because of a large number of industries have come up in the town.

While real estate soothsayers believe that Real Estate Faridabad has witnessed an unparallel growth, particularly because of surrounding property boom in NCR, the fact remains that the city is loaded with large prospects for multifaceted growth. This makes it the next hunting ground for property developers after Gurgaon.

Not only one of the most flourishing cities in Haryana, Faridabad is also posing stiff competition to the other NCR towns of the capital city. Anyone planning to give concrete shape to a dream of yielding high returns by investing in Haryana property, then nothing could be a better prospect than property in Faridabad as compared to its counterparts – Ghaziabad, Noida, Greater Noida, Gurgaon, and Sonepat.

What is most crucial in Faridabad’s location is its proximity to the capital. It takes only a few minute’s drive to step into the city and reach to the places of importance. This in turn brings positive results for the property in Faridabad.

In addition to commercial projects, a multitude of residential projects in Faridabad are also in their phase of development.

Consult the following chart to scout for ongoing and updated property prices in Faridabad:

Faridabad Property Rates

Locality Flat (Rs/Sqft) Plot (Rs/Sqft) House (Rs/Sqft)
Sector-1-9 630 - 1800 153 - 2250 1890 - 3060
Sector-10-20 2700 - 2880 -- 1530 - 4860
Sector-20-29 -- -- 2790 - 3690
Sector-21 900 - 2700 1800 - 2250 --
Sector-22-29 900 - 1080 -- --
Sector-30-39 900 - 2430 -- --
Sector-40-49 1350 - 2700 -- 2700 - 2880
Sector-50-59 -- -- 2520 - 2880
Sector-60-69 -- 630 - 1170 --
Sector-65 -- 810 - 1620 --
Sector-70-79 -- 900 - 1080 --
Sector-80-89 1260 - 2340 900 - 1170 --
Aravali 1350 - 1800 1080 - 2520 --
BPTP 1350 - 1530 -- --
Badarpur Border 1620 - 1800 -- --
Charmswood Village -- -- 3330 - 3510
Dayal Bagh -- -- 3510 - 3600
Green Field -- 1620 - 1890 3150 - 3330
N.I.T -- 1800 - 1980 1800 - 1890
Palwal -- 45 - 900 --


** Price as per the market value in Dec 06
** Property Rates are subject to change due to market vagaries and may differ by virtue of location and project, depending and facilities and other factors.

News Published Under:   Faridabad, Real Estate India | 1 Comment »



One Response to “Why Just Faridabad Property?”

Indian Realty News Says:  |  December 21st, 2006 at 10:38 am  

Dear Readers,

We thank you for your quick response and productive suggestions. The city specific articles give you additional information on prevailing real estate trends and are intended to assist you in finding answer to your queries.

We have tried our level best to scout every reliable source to provide you with the correct data for property prices that you can count on. If you have any information to bring the improvements in chart, add your suggestions to the comment section.

Thanks
Editor