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An Overview of the Faridabad Real Estate Market

Faridabad, as a part of the National Capital Region, has seen an incredible growth both in terms of infrastructure and living standards. The city government has worked hard to make it an ideal location for its dwellers. Being the largest city in Haryana and having a number of industries, Faridabad is also known as the industrial hub of the state. One can find amazing job opportunities along with comfortable living space in this city. It has many sightseeing options and natural escapes to offer respite from the fast-paced life of the city.


Infrastructure & Connectivity
Faridabad, with its dramatic development over the past years, has become one of the best cities to reside in India. Apart from the many educational institutes and healthcare facilities, this city now boasts of great connectivity with the oncoming of Delhi Metro. It shares its borders with Delhi and has become one of the most sought out location for those working in the capital because of the seamless connectivity. National Highway-2 passes through this city and it also houses 2 major railway stations.


The city has seen an influx of migrants because of the development of affordable housing facilities. The population of Faridabad was recorded to be at 1,414,050 in the 2011 census. This population has increased profoundly over the past five years. The average literacy rate of this city is recorded at 83.83% which is still better when compared to the state. It inhabits 874 females for every 1000 males with a child sex ratio of 847 only.


Life Style
The lifestyle of the people of Faridabad is nowhere behind that of Delhi. The people and their living standards play an important role in making the city a part of the National Capital Region. There are a number of malls and multiplexes in the city which attract people not only from within but even from Delhi because of the comparably low price. One can find leading brand showrooms, restaurants, hotels and other options in this city. It also houses many parks and recreation centers for the kids and adults alike.


Key localities in Faridabad
Faridabad has seen a tremendous development over the past few decades. There are a number of localities which add charm to Faridabad real estate. If you are also looking for a decent property in Faridabad then know these best localities before making the deal: NIT, Sainik Colony, Sector-15, Sector-20, Sector-29, Sector-9, Sector-19, etc.


Real Estate Market
Builders of a city are the backbone of the city’s development. Faridabad is grateful to these great builders who come up with a number of projects to increase the charm of real estate in Faridabad. Advertisement boards like “Real Estate for Sale in Faridabad”, “Faridabad Properties for Sale” or “Property for Sale in Faridabad” can be seen in every nook and corner of this city. Know these top builders before buying property in this city: Adel Landmarks, SRS Group, Omaxe, RPS Developers, JS Homecity, Lavitra Developers and others.


Projects in Faridabad
There are a number of upcoming projects in Faridabad that would match the needs of every property seeker. Faridabad will see a number of housing options in the coming years. It still houses different types of residential as well as commercial property types. You can find an array of property type ranging from budget-friendly flats and apartments to duplexes and property land.


Govt Projects in Faridabad
Real estate in Faridabad has seen great heights in the past few years. The government of Haryana has played an important role in the city’s development. They come up with various housing schemes and financial aids to help the people in overcoming financial problems and finding a decent home in this city. Hi! Searching for Property? Let's Chat