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Wednesday, 21 January 2015

Faridabad Offers Affordable Housing

property in faridabad
Faridabad real estate has not been able to boom inspite of proximity to major employment hubs such as Delhi, Gurgaon and Noida. This could be because of lack of infrastructure or due to neglect by the State government. Over the years Gurgaon developed as a premium realty hub whereas Faridabad properties saw no major movement. But now things are about to change as people can now find affordable properties only in Faridabad. This satellite city of Delhi offers good connectivity to other satellite cities of Delhi such as Gurgaon and Noida. 

Faridabad property is available to the middle -class man at an affordable price whereas properties price in other cities have accelerated over the past few years. Buying a Faridabad property can prove to be an extremely wise investment decision as affordable properties translates into affordable monthly EMI's. All the people who are currently paying high rents in other satellite cities of Delhi can buy Faridabad properties and choose to pay an affordable monthly EMI instead of giving rent. The city is encircled by Noida in North East, New Delhi in North, Greater Noida in East and Gurgaon in West. People living in a Faridabad properties can easily access various parts of National Capital Region. 

Buying a Faridabad property makes good sense specially for people who want own a piece of land in a metro city. Faridabad properties and houses for sale can give a good return in the next few years. Also the new government is keen to develop 100 smart cities Faridabad real estate could benefit from that as well. Also with ease in FDI norms in construction Faridabad real estate could soon prosper as their is abundance of affordable land in the city. So if you are thinking of buying an affordable house in NCR then don't think twice head towards Faridabad.

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