These Reasons Make Faridabad the Top Option for Property Investment

These Reasons Make Faridabad the Top Option for Property Investment

Faridabad situated to the southwest of Delhi is among the top real estate markets which is growing a large number of investment opportunities for property investors. The job of an investor becomes easy because if you consider a few factors in a highly attractive realm, then Faridabad is all the reasons to invest your money in real estate here. One of the reasons why Faridabad is seen as a promising city for real estate growth, including property in Faridabad, is because of its proximity to Delhi and its affordability of property price and rising rental yield along with the various infrastructure projects, and the thriving commercial sector.

In this blog we will be exploring the key factors responsible for the tall claim of the city as an ideal investment spot for residential, commercial and institutional buildings. In the case of investment in real estate, location is the main aspect, which determines profits. Having witnessed a sharp development, Faridabad has become a city highly mechanised and it has become the most preferred city for investments in property. We shall analyse why Faridabad stands out as the place of choice for those who are looking out for good real estate investment in this post. From the strategic location to infrastructural development, Faridabad is in the list of property buyers and there are many factors that make it appealing to the buyers.

Strategic Location in Faridabad

The strategic location of Faridabad ranks it among the best choices for real estate investment, including those looking for a house for sale in Faridabad, due to the connectivity and the ease of access. Some key advantages related to Faridabad's location include:

Well-linked to Delhi and other major cities

• Well-connected transport to Delhi and nearby major cities.
• Located on Delhi's south side.
• Connected by railway network and roadways, including Delhi-Agra highway.
• Average drive time of one hour from central Delhi to Faridabad.
• Accessibility via Delhi-Gurgaon expressway for professionals.
• Easy commute between primary NCR regions for working professionals and businessmen.

Located Near Delhi Airport and Railway Stations

• 40 kilometres from Indira Gandhi International Airport.

• Close proximity to New Delhi Railway Station.
• Ensures easy access for frequent travellers by air, train, or other means.
• Approximately 1-hour drive from Faridabad to T3 Terminal of Delhi Airport.
• Recent MRT line construction reduces travel time to New Delhi Railway Station by 45 minutes.
• Nearness enhances Faridabad's connectedness rating for prospective property buyers.

Access to Industrial Centers and Industries in NCR

• At the heart of industrial regions in NCR, including Okhla and Noida.

• Gurgaon serves as a pivot for housing needs.
• Base for many migrant working professionals from lower and middle income groups.
• Offers cheap housing options close to workplaces.
• Hosts facilities of major Indian companies like Reliance, Escorts, Indian Oil, and Ajanta Pharma.

Connectivity

Recent years have witnessed remarkable upgrades in connectivity infrastructure in Faridabad, leaving it well-placed for a rise in property prices, particularly for those interested in flats in Faridabad. Ongoing upgrades in roads, metros and highways are greatly bolstering the investment appeal of properties here due to the resulting integration with Delhi NCR:

FNG Expressway and Other Road Expansions

• Opening of Faridabad-Noida-Ghaziabad (FNG) expressway reduces travel time between Noida and NIT Faridabad.

• 62 km long, 8-lane expressway enhances access to industrial areas and residential projects.
• Road widening projects, such as Delhi-Mathura Road and Delhi-Agra Highway, improve commuting for daily travellers.

Metro Linkages with Delhi, Ballabhgarh

• Faridabad Metro, formerly Badarpur-Escorts Mujesar Metro corridor, connects central Delhi and Faridabad in 50 minutes.

• Phase 4 of Delhi Metro aims to enhance connectivity with Badarpur, Faridabad, and surrounding areas.
• Metro routes significantly improve convenience and increase demand for affordable housing and property rentals among working professionals in connected zones.

Dedicated Freight Corridor and Railway Upgrades

• Enhanced national and inland rail and freight connectivity in Faridabad with Eastern Dedicated Freight Corridor plan.

• Extension of Indian Railways across NCR boosts connectivity.
• Dedicated routes for cargo trains alongside passenger rail modernization.
• Supports economic growth through improved transportation infrastructure.

Hence, the integration of the metro connectivity across urban and suburban areas within Faridabad alongside integration across the Delhi NCR region will see increased demand and prices for plots in Faridabad due to facilitation of both citizens, employees, and industries for such easy movement.

Social Amenities

Home buyers and property investors are served by Faridabad with the most complete social infrastructure that encompasses prospective educational centres, healthcare facilities, stores, and relaxation zones. This helps for the quality of life and enhances the real estate economics.Some prominent facilities include:

Reputed Education Institutions

• Faridabad's appeal is enhanced by excellent schools and higher education establishments.

• Includes top-ranking IITs/IIMs for graduate and postgraduate studies.
• Other quality institutions: Delhi Public School, Modern School, Ryan International.
• Higher education options: Manav Rachna University, Lingaya University, Aravali College.
• Multifactorial academic infrastructure ensures educational opportunities for tenants' children.

Multi/Super-Specialty Healthcare Access

• Hardoi hosts referral hospitals like Fortis Escorts and Asian Institute of Medical Sciences.

• Provides quality healthcare, reducing dependence on Delhi hospitals.
• Equally or more important than social infrastructure in other NCR areas.

Modern Markets and Lifestyle Amenities

• Crowns Interiors Mall and Elanza Mall, along with market sectors 18-22, dominate the city with open spaces, shopping, and food outlets.

• Array of sports amenities including Aravali Sports Complex and Sector 21 Sports Complex.
• Facilities for swimming, gyms, cricket, and more available, avoiding long travels for leisure activities.

Infrastructural Superiority

Across different components of connectivity, social amenities, and sustainability, Faridabad is enjoying massive infrastructure upgrades, benefiting those interested in 3 BHK flats in Faridabad. Such lingos are also boosting residential life as well as real estate realities. Some key infrastructure advantages supporting property demand growth are:

Integrated Industrial Townships

• New Industrial Township (NIT) in Faridabad is one of the largest, self-reliant industrial townships.

• Spans over 2500 acres of land.
• Houses over 10000 factories with dedicated power infrastructure and supply chain links.
• State-of-the-art infrastructure fosters economic activity and drives demand for affordable housing.

Greenfield Expressway connected to Dwarka-Jewar Airport

• Delhi-Mumbai 82 km long Greenfield Expressway will pass through Faridabad and Noida to Jewar airport.

• Expands connectivity towards Mumbai and Delhi by 2024.
• Infrastructure integration with industrial zones catalyses real estate prospects.

Dedicated Power Infrastructure

• Faridabad offers virtually no-risk of power failures for industries and homes with grid substations and lines throughout.

• Unparalleled electricity access backed by upgrades of capacity channels like transmission lines.
• Ensures confidence among property buyers and real estate investors in residential or commercial investments.

Proximity To Employment Hubs

It is a locus of high housing demand owing to its location at several already and upcoming employment nodes throughout Delhi NCR. This ensures an economical cost of living for the employees with the hassles of work climbing eliminated. Some major employment hubs driving residential real estate traction, particularly for 2 BHK flats in Faridabad, are:

Manufacturing and Services Industries Within Faridabad

• Hundreds of industries in manufacturing, services, and logistics sectors in Faridabad.

• Key companies include Hero Motocorp, Havells India Limited, and JCB India Limited.
• IT services companies like Apex Services also present.
• Proximity to industrial belts in sectors 24, 25, 58, and Kheri village.

Corporate Offices in Gurgaon and Cyber City

• Commercial complexes in Gurgaon like Cyber City, Sector 44, Sohna Road, and Golf Course Road close to Faridabad.

• Accessible via Surajkund Road or Delhi-Agra Highway.
• Allows professionals in multinational firms, consultancy organisations, and technology companies in Gurgaon to opt for cheaper lodging in Faridabad.

Okhla Industrial Estate and NOIDA Regions

• Faridabad offers accessible work shifts for factory workers, laid-off employees, and mid-level executives with job markets in Noida, Greater Noida, and Okhla/Noida Extension.

• Affordable residences available along or near highways and metro routes.

Near By School

Being positioned quite close to K12 schools and higher education institutions across diverse sectors of urbanisation is one of the major demand incubators of the real estate market in Faridabad, including for those looking to rent a house in Faridabad. Some prominent schools located conveniently across residential catchments include:

• Sector 21 and 24 – If you take schools like Delhi Public, St. Andrews, and Bal Bharti all within a 5 km radius of you, we can see how livability and rental demands from families increase.
• Sectors 16A and 16B – Modern School, Bal Bharti School, Presidium School lie within this micro-market drawing children from multiple projects.
• Sector 37 – Heritage International School, Bal Bharti School are nearby supporting projects on getting away Delhi – Mathura Road. Apart from that, Aravali College is located in the neighbourhood.
• Neelam Bata Road – Various other schools around a distance of 2 to 3 km include Saraswati Vidya Mandir and St. Peters, for the people who reside in sectors 28-31.

Consequently, families with renters, whose objectives align with CBSE, ICSE curriculum are drawn towards the projects of sectors 16A, 21, 37B and those located near Neelam Bata Road and where children can access numerous facilities meeting their needs.

Top Realty Projects in Faridabad

Lots of leading developers have come up with prestigious housing projects across Faridabad in different sectors providing options for high-end homes, including builder floors in Faridabad, from the middle-income and low-income segment of the buyer category. Some such projects include:

1. BPTP Parklands at Sector 82 & 85 – Spanning across an area of 300 acres, this township by the famous developer BPTP offers luxury apartments, villas, and plots. The area also houses sports facilities spread across 92 acres. Sizes ranging from 1000 sq. ft. - 3500 sq. ft. cover multiple budget segments.
2. Tata Value Homes in Sector 63A –Under Nidhi pavitra community, Tata Housing gives an option of 2 and 3 BHK flats within sizes between 670 sq. ft. to 1100 sq. ft., starting at prices of Rs.15 lakhs onwards.
3. ATS Dolce in Sector 102 & 103 – Developed on a 25-acre plot this project will have 2, 3 and 4 bedroom apartments ranging from 1050-1525 sq. feet in size. Besides, spacious gardens and public spaces are a part of this project. There is also pricing competitiveness in this industry.
4. PDC in Sectors 89 & 92 – The Mid-segment housing projects on Sohna Rd develop G+19 floors towers for affordable and lower mid-range buyers in 2/3 BHK formats covering 500-800 sq. ft.

Dining Out In Faridabad

Now, the city of Faridabad is changing its roles from purely business centre to gourmet’s paradise with the recent past saw the exponential growth in dining out options for its residents, including those living in apartments in Faridabad. From a quick bites on food stalls and fine dining restaurants, many options of eating out are now available, right in the city.Some popular categories are:

1. Mall Restaurants - Different malls are opening near the Mathura Road and Delhi-Agra highway and are all having food courts and branded food and beverage outlets. Crowd interior malls like Elanza Malls and Anjali Prakash Nayar Malls, offer Indian, Chinese, Thai, American fast foods among luxurious ambience.
2. Stand-alone Cafes – Places like Starbucks and Café Coffee Day have cafes and the complementary bakeries and snack joints set up across residential sectors.These perfect hang-out spots are a preferred choice of people.
3. Roadside Punjabi Dhabas – Faridabad is famous for dhabas in Sectors 15-17. It is a place where you can eat nice parathas, naans and spicy curries. See crowds that fill Sukhdev Dhaba, Sher Singh Da Dhaba, at reasonable price rates even as late as the night.
4. Fine Dining Restaurants – The upscale restaurants and bars that serve the food of Asian, European and Mediterranean have now opened their outlets not only in malls but at the most crowded points such as Neelam and Badarpur flyovers as well. Like Lord of Drinks and Purple Haze Bistro, the two are well-established local restaurants.

Conclusion

In conclusion, Faridabad emerged as the focal point for property investments, including opportunities to buy a house in Faridabad, due to its unlimited array of offerings in the residential, commercial and institutional property sectors. The city is a strategic location, boasts of the best connectivity, ties with superior social facilities, has unrivalled infrastructure development, its closeness to employment hubs, is a host to the best realty projects, nearby schools, and variety of dining options that have earned it the reputation as a perfect investment destination. With its continued rapid urbanisation and economic expansion, Faridabad starts to look like an attractive opportunity for investors seeking to maximise the returns from this booming market. Out of the bunch, Faridabad shines through its combination of convenience, affordability and ability to generate high returns making it a top choice for the ones who aim to broaden their investments in real estate. 

Explore bountiful investment options in Faridabad and discover the variety of approaches to a safe and rewarding investment. Start off your real estate adventure in today’s Faridabad and begin your journey towards success.