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Real Estate Prices in Faridabad are upswing as all grand projects in and around Faridabad are coming to START up and running. Let’s do a thorough analysis of the developmental projects taking shape in Faridabad.

  1. Jewar Noida International Airport is expected to start operation by the middle of the year 2025. It will be hardly 20 minutes’ drive from Sector 62 Faridabad which will give an immediate boost to the connectivity, reach and real estate prices in Faridabad.
  2. Mumbai Vadodara Delhi Expressway corridor is almost ready and will be fully functional by August 2024. Infact 90% of this project is already functioning fully. Due to this project, it is now possible to reach Mumbai in hardly 11 hours from Faridabad. With railway corridor functioning simultaneously, it will give a tremendous boost to the link, connectivity and industrial development in the Faridabad region.
  3. Smart City Faridabad project is already operational, and it is expected to further fillip the laying of high-end infrastructure in Faridabad. Already, all roads in Faridabad are getting widened, cemented along with the cycling and running tracks beside them. Similarly, all traffic lights are getting modernized. Various other infrastructure projects are also being developed.
  4. Metro Connectivity is being extended to Palwal, Gurugram and further inside the city towards Industrial Model Township IMT sector 70 Faridabad. This will greatly improve the reach of the city dwellers and daily commuters within Delhi NCR region. This move will ease the burden, time, money and resources of the Faridabad residents.
  5. Industrial Model Township IMT Faridabad is being further expanded so that more companies can lay their plants alongside the Delhi Mumbai Expressway Corridor and further move up the supply chain by lowering their logistical costs. More Industrial sectors are being added for the all-round industrial development of the whole Faridabad city.

It’s recommended to buy your property in Faridabad and make most out of this current boom.

Author: Madhukar Krishan, Director, Bikrii.com Real Estate 8010595801

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