Budget homes in Faridabad

Faridabad Property at Makaan.com

If one is looking to buy budget property in Delhi NCR one should invest in property in Faridabad. The city stands out amongst other Delhi NCR cities as a budget residential place to buy a house. The proclivity of the buyers has been largely for apartments in Delhi, Gurgaon, and Noida,; Faridabad has still not witnessed that kind of penchant that its counterparts have been through. The city carries immense potential to become the next big thing in realty circuits. Availability of infrastructure and good number of developmental land parcels are the prime reasons why one should invest in property in Faridabad. Faridabad real estate can give tough competitions to other Delhi NCR cities. The affordability factors is another factor that go in its favor.

Faridabad houses hundreds of large-scale companies like Shova, Lafarge, Imperial Auto Ltd., Birla Escorts group, Yamaha, ABB, GoodYear, NHPC Ltd, Indian Oil (R&D), Havell's, L&T, Mahindra Defence, Thomson press,etc. People can seek to invest in properties in Faridabad that lie close to industrial areas. Several new industrial projects are also coming up in the region, one can also look to invest in a flat in Faridabad near upcoming industrial projects. The city also houses several reputed colleges and educational institutes. Families with children can look to buy properties in Faridabad near popular and reputed school.

Faridabad also offer numerous tourist attraction like Dhauj Lake, Raja Nahar Singh Palace, Aravali Golf Course, Nahar Singh Cricket Stadium, Suraj Kund Tourist Complex and the crafts fair, Jharna Mandir village Mohabbtabad, Shri Parshvanath Digambar Jain Mandir, Badkhal Lake, etc. People looking to buy a second vacation home can think of investing in flats in Faridabad near these areas. 

Makaan.com is a major real estate website to buy property that features cheap houses in Faridabad and other cities. Mid-segment and luxury property in Faridabad is also featured online.

Property in Delhi: Newly Launched Budget Projects

Delhi Property at Makaan.com

While buyers in Delhi NCR have been shying away from making any purchase due to high inflationary rates and poor economic scenario, some budget projects have been launched by developers recently. A whole lot of these economically-viable projects have been set off along Yamuna Expressway and Noida. For those who are keen to a buy a mid-segment residential property in Delhi NCR, here is a list of some of such projects:

1. Amarpally O2 Valley: Developed in Noida Extension, this budget project offers to buy property of 2-3 BHK in Delhi NCR. Expected to be launched by December-end, the project is available in the budget range of 28-40 lakh. The units have been constructed in 880-1170 sq. ft. area range.

2. Gaur Yamuna City: A residential project over Yamuna Expressway, this 20-40 lakh project provides 1-4 BHKs. Sprawled over 300 acres, the project carries a commercial complex. A USP of this project is that it comes with 75% open space.

3. Skytech Colours Avenue: Yet another project at Noida Extension, Skytech offers apartments with price tag lying between 20-37 lakh. The 2 and 3 BHKs have been built over 5 acres and more than 450 units have been launched till now.

4. Misty Heights: A project offering 40-45 lakh residential property in Delhi NCR has come up with two-room flats. Open from three sides, the flats have been built up in 1200-1400 sq. ft. range.

5. Mangalya Ophira: This project has come up in sector-1, Greater Noida. The units are priced between 27 lakh and 40 lakh and are laced with modernistic amenities. The apartments have been built in 1025-1455 sq. ft. range.