Faridabad is quickly becoming a popular investment destination due to the high economic growth. The land shortage in Delhi is one of the main reasons for the NCR’s skyrocketing prices, which are driven by insatiable demand. Faridabad can be considered a panacea for such an issue. Geographically and infrastructurally, the industrial city offers more opportunities for real estate development. The city benefits from its closeness to Delhi, as well as Greater Noida and Gurgaon in the National Capital Region. End consumers, investors, and corporations are choosing Faridabad as a possible booming real estate location as a result of these considerations.

Reasons Why Faridabad is emerging new Real Estate Location for Development in NCR
Faridabad is the future real estate location for development in the National Capital Region. Rapid commercial and residential growth has enhanced the city’s position, attracting both international and domestic investors. The need for commercial spaces such as grade-A offices, co-working offices, high-end shopping and business centres, warehouses, and other types of commercial spaces are increasing as a result of infrastructure, increased job prospects, and impending large-scale projects. According to reports, Faridabad saw a significant increase in real estate sales at the start of 2021, further strengthening market sentiments. There is a higher demand for planned developments in Faridabad as there are number of factors that are influencing the buyer preferences to live in Faridabad.
Furthermore, the arrival of multinational businesses such as the World Trade Center and DMart has boosted Faridabad’s economic importance to new heights. Residents in the area will undoubtedly benefit from multi-purpose stores, which will provide the most up-to-date conveniences and high-quality products at a reasonable price. The World Trade Center’s presence in the city is projected to increase the city’s investment possibilities due to its global network. In addition to malls and mart, a prominent commercial-cum-shopping centre in Faridabad, also attracts many investors and end-users. The lifestyle-rich integrated developments with a centre of upscale amenities inspired by the high-street shopping idea are being developed in the city and attracting the young generations to buy their home and land here. Omaxe World Street is credited for giving Faridabad’s real estate industry a new lease on life, as footfall at this popular shopping attraction increased, giving real estate development in the city a boost.

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Top Places To Invest in Faridabad Real Estate

Some areas that are more popular for Real estate Development
Nehrapar
Nehrapur area is the new infrastructure development area in Faridabad. It is emerging as another Noida or Gurgaon because of the Kundli-Manesar-Palwal Expressway that will connect Neharpur with Delhi and Gurgaon. The area falling under Nehrapur is divided into different sectors including Sectors 75, 76, 81, 82, 85 adjoining Neharpar and near posh Sectors 14 and 15.
Green Valley
Green valley is a posh locality of Faridabad with all basic amenities and facilities. It is very well-connected to South Delhi and is located walking distance from Mathura Road, M.G. Road, the metro station, Crown Mall and Big Bazaar.
Surajkund
Surajkund is predominantly features inexpensive flats and an undeniable geographical advantage. Surajkund’s real estate is on the rise as a result of its proximity to south Delhi. The Gurgaon-Faridabad and Mehrauli-Badarpur roads provide easy access to this town. Surajkund is also close to some good hospitals, shopping centres, and lovely hotels. The Asola Bhatti Wild Life Sanctuary and Sun Temple are both popular attractions in this area.
NIT
The new area that is gaining popularity in Faridabad real estate is NIT, or New Industrial due to its proximity to Ballabgarh, Old Faridabad, Delhi and Gurgaon.
So these are some of the places to go if you’re looking for a low-cost property close to the NCR and Delhi. These are not the only areas in Faridabad having infrastructural developments, there are many others also.