Faridabad- The dream city
I am real estate consultant. and seeing the market from last more then 5 years. In this time i have seen many ups and sometime down in the market. as the market is stsblished now. and rates are not going up like the past years. People specially those are not involved are asssumuing that prices will not hike and they are afraid for investment. But the fact is market is still underprice specially faridabad.
in whole over the Delhi-Ncr region. Faridabad is the only place where the property rates are approximately half then other region. I want to give you an coparison about the rates.
Noida:
Plots Min.Rates Flats Min Rates
40'000 3500/- per sqft
G.Noida:
30'000 2500/- per sqft
Gurgaon
50'000 3500/- per sqft
Indrapuram
35000 2800/- Per sqft
Only in faridabad you can buy plots at Rs.10000-110000/- per sqyds. and flats are still available at Rs.1600-1700/- per sqft
These are the rates of greater faridabad. which is only 1.5 kms away from possch sectors: 14,15 where the plot rates are minimum 30000 per sqyds.
what experts are expecting the rates will go increased by 200-300% within next 3 years of time.
So investors don't hesistat in investing the dream city.
Regards,
Sunil
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