Is Faridabad Property Giving competition to that in Gurgaon?

Faridabad is considered as the most promising city by many and some consider it to be a poor cousin of Gurgaon. Whatever is the view of people, there is no denying that numerous things are working in the favor of the city and the metro connectivity is like the cherry on the top!

Known to be the largest city of Haryana, this fantastic city possesses a good and strategic geographical location due to its vicinity to all the primary cities of NCR, namely Gurgaon, Noida, and South Delhi, which has played a significant role in boosting the Real Estate Sector and economic possibilities. It is pretty visible that Properties in Faridabad has been attracting numerous buyers as well as other developers or competitors due to its incredible physical and social infrastructure. The primary reason for the same has been the shortage of land in Delhi. No doubt, these investments are generating many job opportunities.

This magnificent city is witnessing numerous new mass transit systems that are developing in the city. The metro connectivity that connects Faridabad to Delhi. Along with this the city will be connected to the rest of NCR through metro, expressways and roads. The improved transportation of Faridabad contributes significantly to the rise of the city. Also, there are numerous housing projects and IT parks that are nearing completion in the city.

There are numerous factor start are contribution towards the growth of Faridabad. These includes the metro connectivity that has open gates for developments in Gurgaon and the IT companies in the millennium city, Gurgaon. Another biggest advantage that Faridabad has is it closeness to Gurgaon and Delhi and both these cities have scarcity of affordable housing segments and land. This has bought along advantage for the Residential Properties in Faridabad.

The hinterlands are also being experienced in the city. Places like Nehrapur has received boost due to the Kundli-Manesar-Palwal Expressway that will connect Delhi to Faridabad. This will provide the advantage to the residents in Faridabad to enjoy the improved infrastructure of the national capital, Delhi.

Faridabad properties are all set to boom in the coming time. With numerous MNCs, small and medium sized organizations are moving towards Faridabad- Ballabgarh complex. This obviously will affect the Real Estate sector in the city