Insights from Faridabad Real Estate 2016
Written by Webmaster Thursday, 31 March 2016
( 9 Votes )Faridabad is the biggest city in the north Indian condition of Haryana, in Faridabad locale. It is a main modern focus and arranged in the National Capital Region circumscribing the Indian capital New Delhi.It is encompassed by Delhi to its North, Noida to its North East, Greater Noida to its East and Gurgaon to its West.
Faridabad has been chosen as one of the 100 Smart Cities in India. A live syndicated program on making Faridabad 'a brilliant city' was composed at Municipal Corporation's Auditorium. Haryana Power Generation Corporation Ltd (HPGCL) is setting up a sun based force plant at the site of a dead warm power plant in Faridabad. The force generator arrangements to set up the plant more than 151.78 sections of land close Bata Chowk in the area that created coal based vitality in the past
Faridabad appreciates a prime area both geologically and politically. The stream Yamuna shapes the eastern region limit with Uttar Pradesh.
Faridabad: The Next Property Hotspot in India
Written by Webmaster Admin Tuesday, 14 July 2015
( 4 Votes )Faridabad is fast-becoming a worthy competitor in the economic and industrial market in India. This city, the largest in Haryana, is bound by a number of key locations such as Delhi, Noida, and Gurgaon. Its geographical and infrastructural edge has, in recent times, brought a substantial change in the real estate sector of NCR.
The strong industrial growth has enabled Faridabad to emerge as a realty hotspot in NCR. The emergence of the service sector, particularly, has contributed to the development of several residential and commercial complexes in the city. Real estate developers such as BPTP, Eros Group, Omaxe, SRS Group etc. have played a major role in changing the façade of Faridabad.
Rising Employment Opportunities In Faridabad Boosts Its Real Estate Market
Written by Webmaster Admin Thursday, 25 June 2015
( 2 Votes )More often than not, IT companies and MNCs decide against investing in Faridabad real estate due to its poor infrastructure and lack of proper connectivity to New Delhi. But with recent developments, Faridabad is transforming into a prominent real estate destination in India.
Faridabad is the largest city in Haryana, is part of the National Capital Region, and shares its boundaries with Delhi, Noida, Greater Noida, and Gurgaon. During the mid-90s, the city witnessed an increase in the demand for residential complexes due to the establishment of various industries. Faridabad could never attract big corporate houses, and this negatively affected Faridabad’s real estate market. However, with a slew of infrastructural developments, the region is gaining the attention of investors and employers.
Improved Connectivity
Faridabad has always been a small industrial town. Unlike Noida and Gurgaon, this city didn’t initially have good connectivity with New Delhi. As a result, the demand for commercial properties remained low, which adversely affected the real estate market of Faridabad.
With the advent of Delhi-Badarpur flyover, Faridabad-Noida-Ghaziabad Expressway, and Kundli–Manesar–Palwal Expressway, Faridabad’s connectivity to Delhi, Noida, and Gurgaon has improved substantially.
Apart from this, the government of Haryana has sanctioned a plan to extend the metro rail line from YMCA Chowk, Faridabad to Ballabgarh, which will be very beneficial for daily commuters. Owing to these reasons, IT companies have started looking for commercial spaces in this part of NCR.
Wells Fargo’s former India realty investment team launching residential funds
Written by Webmaster Thursday, 13 November 2014
( 0 Votes )Capitedge India Investment Advisory, a realty fund and asset management firm floated by six former members of Indian realty team of American banking giant Wells Fargo, is coming out with a residential properties-focused fund in India. This would mark its first fresh fundraising exercise after floating an independent investment advisory firm, which...Wells Fargo’s former India realty investment team launching residential funds
Written by Jayanta Thursday, 13 November 2014
( 0 Votes )Capitedge India Investment Advisory, a realty fund and asset management firm floated by six former members of Indian realty team of American banking giant Wells Fargo, is coming out with a residential properties-focused fund in India. This would mark its first fresh fundraising exercise after floating an independent investment advisory firm, which...More Articles...
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