Know The Top Localities To Invest In Faridabad

of the leading areas of NCR and largest city of Haryana state, Faridabad is home to 14 lakh people who are currently residing in various localities of the city. Apart from being known as a leading industrial centre, the city is also home to some of the most developed sectors with high-rise residential buildings, well-developed roads, better infrastructure and much more.

However, in recent times many new localities have emerged like Neharpar (Greater Faridabad) which have become popular among many new prospective home buyers. Take a look at some of the topmost localities to invest in Faridabad:

Sector 21 C

Known as one of the plush localities of Faridabad, Sector 21 C is home to many luxury properties. The locality enjoys smooth connectivity to Metro station as well as the national highway which connects it to adjacent areas. Many renowned schools, banks, ATMs, retail stores are present in the vicinity calling on homebuyers to invest in the region.

At present, the average property price here is 4,954 per sqft.

Surajkund

Surajkund has known its artificial lake reservoir and is one of the oldest areas of Faridabad. The locality is also known for commemorating annual Surajkund fair which is popular among both domestic as well as international tourists. The area enjoys proximity to South Delhi and hence is favourable among both buyers and developers who want to bank upon their projects in terms of connectivity to the National capital.

Many renowned five star hotels, as well as malls, are present here. Gurgaon-Faridabad road and the Mehrauli – Badarpur road are also accessible from Surajkund. The average property price currently here is Rs 1.04 crore.

Neharpar

Popularly known as Greater Faridabad, Neharpar is a newly developed area of Faridabad which includes both industrial and residential sectors. Neharpar enjoys smooth connectivity to Gurgaon, Palwal and other regions. Metro station is also closely located to the locality. Presence of leading industries, modern infrastructure and affordable and luxury real estate makes this locality favorable for investment.

The property price in Neharpar starts from Rs 2,742 per sqft and touches a maximum of 4,127 per sqft. In recent times, many leading developers have flocked to this region to develop their projects here.

New Industrial Town (NIT)

The locality enjoys seamless connectivity to areas such as Delhi, Old Faridabad, Gurgaon, and Ballabhgarh. Known for the presence of many affordable projects, the area is popular among many prospective homebuyers looking to invest in this segment. Due to its proximity to other Delhi-NCR regions, NIT has become a favourable investment destination thereby increasing the property price in last few years. At present, the property rates here range from 3900 per sqft-4900 per sq ft.