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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Faridabad > Neharpar Faridabad may down again as NE is solved ???
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Old October 21 2011, 11:51 AM   #1
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Default Neharpar Faridabad may down again as NE is solved ???

Neharpar Faridabad may down again as NE is solved ???

 
Old October 21 2011, 01:47 PM   #2
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never saw rates improved in NP because of this so why would they go down ?
 
Old October 21 2011, 01:57 PM   #3
 
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The area is already a dead sheep ... Rates kabhi bade hi nahi down kya hongey
 
Old October 21 2011, 02:34 PM   #4
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Looks like now NP (Neharpar) Sales would go down as buyers may have flats in decently developed NE (Noida Extension) at same prices. Even Haryana Government is also delaying the infrastrure development for last many years.. not going as per Gurgaon/ NE Extension Model.

Buyers would prefer to go for NE flats.

Else investment in HUDA Sectors in Faridabad looks better instead of going to NP Flats.
 
Old October 21 2011, 05:26 PM   #5
 
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Buyers segment is also different here, mostly South Delhi families extend to Faridabad.

I dont see much difference till the time , Metro (Confirmed 2013) Start ...

Byepass fuctional (2011 confirmed)

NH2 Widening (expected to start by 2012)

if all this comes ... it will be a major boost to Greater faridabad ... area still enjoys premiums of being next to South Delhi.

HUDA in Neharpar is expecting development by 2013-2014 ... but city doesnt have IT industry its purly old gold industry
 
Old October 21 2011, 05:27 PM   #6
 
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Quote:
Originally Posted by Rakesh Bhati View Post
Looks like now NP (Neharpar) Sales would go down as buyers may have flats in decently developed NE (Noida Extension) at same prices. Even Haryana Government is also delaying the infrastrure development for last many years.. not going as per Gurgaon/ NE Extension Model.

Buyers would prefer to go for NE flats.

Else investment in HUDA Sectors in Faridabad looks better instead of going to NP Flats.
I really wonder Faridabad I guess never got any benefits from NE ... as its facing the same but different farmers agitation here as well.
 
Old October 21 2011, 05:42 PM   #7
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Dear YSingh11,

Though Neharpar HUDA sectors may take time as u indicated... What about Existing Faridabad HUDA sectors investment near South Delhi and adjacent to Gurgaon like Sec-49, 21, 46 ,37...

What's ur opinion for that and future poential for investment there as your indicated developments & infrastructure below would increase rates there also.

Regards


Quote:
Originally Posted by ysingh11 View Post
Buyers segment is also different here, mostly South Delhi families extend to Faridabad.

I dont see much difference till the time , Metro (Confirmed 2013) Start ...

Byepass fuctional (2011 confirmed)

NH2 Widening (expected to start by 2012)

if all this comes ... it will be a major boost to Greater faridabad ... area still enjoys premiums of being next to South Delhi.

HUDA in Neharpar is expecting development by 2013-2014 ... but city doesnt have IT industry its purly old gold industry
 
Old October 21 2011, 06:19 PM   #8
 
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Rakesh Ji

The sectors near S Delhi like Sec 42, 46, 37, 35 etc ... all have prices very high. ....... moreover builder floors are there mostly 80% and registry of these floors is banned. SO not much decent options ... apartments are few and price is sky rocketing ... near border (within 3-4kms) its 60 - 90L+ (options are Hemilton heights, Kanishka tower and Inderprastha)

Sectors like 21 are as good as Gurgaon and Noida 2BHK minimum 48L + (less than 900Sq ft)

Plot rates is beyond reach as of now....
I guess decent option is as of now only in neharpar sectors .... as an investor its good time to invest.

Faridabad is a long city ( across the Nh2) maximum distance from neharpar sectors to NH2 is within 2-3Kms.... so same will be to metro ..

I guess scope is high here .......... moreover Faridabd is only city in NCR havinng less than 20% highrise options .......
 
Old October 21 2011, 06:21 PM   #9
 
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Opps forgot to mention ... 4-6ms from Sdelhi border ...in developed sectors Villas are touching 1crore + and Omaxe forest and hills are around 65+


really wonder ... not establsied infra... even than prices are higher than indirapuram
 
Old October 21 2011, 06:22 PM   #10
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Infrastructure development in Faridabad will never happen under the rule of current Congress government in Haryana.

Investors in this region should hope and pray for a regime change in Haryana whenever next elections are held. Otherwise Neherpar will remain the wasteland for both investors as well as end-users that it currently is. Nothing that happens in Noida/GNoida will help Faridabad.
 
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