Faridabad Property: An Affordable Market for Real Estate

Faridabad property at Makaan.com

Faridabad scores decently high, when it comes to its potential as the next real estate hub. Given that it is not throttled with overpopulation and still carries some fresh air to breathe in. Seeing the way cities like Delhi and Gurgaon are bearing the brunt of overwhelming prices and lack of space, this city can be the next best option. Faridabad property is garnering the attention of middle-class buyers: the rates in some of its colonies are still within the reach of an average buyer. Big developers are now eying the city as their next center for floating new projects. Pick up a real estate newspaper and you will see a plethora of ads that focus on upcoming or under-development projects in various sectors of the city.

As our point of interest here is affordable properties, let's see what are the major options that offer you cost-effective houses. Palwal, Neharpar, Sainik Colony, NIT, and Surajkund are some of the localities that can offer you a 2 BHK within the price range 25-40 lacs. Palwal is situated over NH-2 and is a part of Kundli-Manesar-Palwal Expressway or Western Peripheral Expressway. This gives it an edge over other areas: a network of overpasses, underpasses, over bridges, and minor bridges imparts excellent connectivity to Delhi, Noida, and Greater Noida.  Faridabad property, especially 2 BHKs, are available in the price range 15 lacs-30 lacs.

At Neharpar, better called Greater Faridabad, comprises of sectors 75-89, and is considered a good budget area. The locality is known for rapid commercial development, skyscrapers, and wide roads. Like Palwal, its strategic location makes it easily accessible to other cities of Delhi/NCR.

Makaan.com, one of the leading India Property sites, lets user to buy, sell, or rent residential and commercial spaces in different price segments. Keep yourself informed of Faridabad property trends and be part of real estate forum, as provided by the portal.