Faridabad Offers Affordable Housing

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.

Property in Faridabad: Options for 1, 2, 3 Room Independent Houses

Faridabad Property at Makaan.com

Does living in builder flats makes you suffocated or nauseated for the lack of fresh air? Then, why not buy an independent house? If it is Faridabad where you are planning to buy your property, then let me tell you that you have a number of options at hand. You need to decide the number of rooms that you wish to buy. Depending upon that, you can choose an independent house in the city.

Let us consider 1 BHK property in Faridabad. Yes, it is an independent house that we are taking about. The best options are Nahar Par and sectors 30-39. While over Naharpar and sector 88, a one-room house may cost you up to 70 lacs. You an find some of the high-end houses by BPTP, hence the price is high. There are some affordable properties too in this particular colony. In sectors30-39, the price may touch crore value. For 2 BHK properties, the most affordable locality is Naharpar. Here the price for two-room house varies between 14-30 lacs. At other localities like BPTP, sectors 40-49, and Sec 80-89, the rate is higher: between 60-75 lacs, depending upon the state of furnishing and amenities offered. At sector 21 and Charmswood Village, the prices are higher: 85 lacs-1.2 crores.

Now, we come to 3 BHK Faridabad properties or independent house. Naharpar is again the area where you can find three-room houses at cut rates. : 30-40 lacs. Sainik Colony too offers such property at 40 lacs or above. The pricey locations are Sectors 20-29 and sectors 30-39. Over these, the prices of available 3 BHK houses run in crore, usually around 2 crore.

As you can see, the options for Independent house are limited in this city. In the future to come, we can expect more such properties in the sectors that are still not developed fully.

Makaan.com, the eminent real estate portal, lets you search residential and commercial property in Faridabad. Look for Faridabad property available across different price brackets and present in different localities.