Affordable Residential and Commercial Projects in Faridabad

Faridabad is a major industrial hub of Haryana contributing to nearly 50% of the total income tax collected. Faridabad as a city takes pride in housing many residential projects such RPS Auria Faridabad that is affordable to the middle class as well. Besides affordability there are many other persuasive reasons as to why Faridabad is being considered as a good investment option.

The attempt to decongest the capital from the horde of industrial units and factories, has brought luck to the neighboring states of Haryana and Punjab as it has given birth to newer cities like Faridabad that is soon gaining recognition as a self-contained city. Faridabad was initially inhabited by people who moved in because of space constraint in the capital city or made an occupation-related move. However, the trend has changed! The rapid development of property in Faridabad has made the masses opt to invest in the city as a matter of choice. To this effect property in Faridabad is reaching new heights and can be rated at par with its neighbor cities of Gurgaon or Greater Noida. Residential property in Faridabad is showing positive signs as many leading builders lay their foundation in this fast developing city. This also goes to say that by investing in residential property in Faridabad today, one can reap great returns in future. For those who are doubtful about locking their bucks in a property in Faridabad, read ahead to know what you will be missing.

Growth opportunities: - Faridabad is quick on its toes when it comes to overall development. The latest move, by the Haryana State Industrial and Infrastructural Development Corporation (HSIIDC) has only proved that the city is getting ready for a modern future. With a view to constructing an Industrial Model Town (IMT), it has allotted 30 plots to industrial units. When this project is completed and gets functional, you will see all major industries operating from one location. This will see an influx of buyers and investors booking prime residential property in Faridabad that share borders with IMT.

Connectivity: - Being strategically located in the midst of Noida, Delhi and Gurgaon gives it the additional advantage of easy and convenient commutation through road and metro. 30 minutes is all you would need to reach Noida or Gurgaon. And for the frequent flyers, it is a relief that Faridabad is served by the IGI airport which is only about 25kms away and can be reached in approximately 35 minutes. Commuting within the city is made even more convenient as major banks, hospitals and schools are situated minutes away from any sector.