Thursday, March 25, 2010

Faridabad real estate

Real estate is a term that we use in our daily life. It refers to a piece of land or building where we live or where we pay our money to. The prices of the real estate fluctuate in time to time. Depending on the size of the land or the size of the house the prices of the real estates vary in different regions. Real estate could be anything raging from commercial property, to malls to commercial property.

Purchasing real estate requires a significant investment as the prices are rising and the sector is booming right now as more and more customers are investing in the property sector. While occupying a land or a house one should have legal tenure so that it is not considered null.


The demand of Faridabad real estate has increased because of the following reasons because Requirement of residential spaces by the people who are looking for a property to reside / to shift/ or for future investment, many people want property to start business either in commercial location or in good location so that they can get good business from there, there is no. of builders, real estate agents, and consultants etc. who buy the properties at low cost and resale the same later on at a very high cost.

 And earn good amount of profit / return on investment. This is a good way to generate more and more income. Existence of national highway, expressway, upcoming connectivity of metro reaching Delhi, closeness of Airport and other facilities are the main causes for this elevated cost of property. Faridabad real estate value for 2bhk starts from Rs. 26 lacs onward and varies as per the preferred location and services being provided therein.

Friday, March 5, 2010

Faridabad Real Estate

Faridabad (National Capital Region) is the most preferred location for residential and commercial property. This place is constructed beautifully, having presence of good transportation, very close to South Delhi, the availability of Hospital, Shopping Malls, Recreation Centers, Markets, Schools, upcoming metro etc. Because of these conveniences Faridabad Real Estate is in high demand nowadays. Faridabad will soon turn to posh area.

Faridabad real estate is divided into residential and commercial places. Different size of plots is available and cost of those plots varies accordingly. Improved Infrastructure and available facilities have made Faridabad a demanding city. Faridabad has become a center for different commercial activity. It is delicately connected to all main cities as a result the requirement to develop vital town amenities all through the city is an urgent requirement. Faridabad Municipal Corporation is aiming to supply the greatest services and advancing the standard of living of the people through their services.
It gives miscellaneous services varying from undertaking construction of learning institutes, fitness centers and improving conditions of slums and rural areas. In addition of preserving civic infrastructural conveniences like roads, flyovers and bridges it is also providing competent water supply, maintaining sewerage system, preventing the spread of recurring diseases. Their leisure services include maintaining parks, museums and community halls etc.

Upcoming housing projects in Faridabad are coming up with the projects having affordable cost of the property. Example KLJ Green in Sector 77, Faridabad is having apartment value starting from Rs. 24 lacs onward ; Omaxe spa village in Sector 78, Faridabad apartment cost starts from Rs. 19 lacs onward ; property value in Sector 86 (Uppal’s Jade) in Faridabad price starts from Rs. 13 lacs onward. Hence Faridabad real estate is affordable now as compare to other locations like Gurgaon, Noida & Delhi.