Property Market in Faridabad
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Faridabad is one of the major industrial centers of India. It is located in the state of Haryana. The city along with Delhi, Noida, Ghaziabad, and Gurgaon are the part of NCR. The areas of Delhi and NCR are highly developed with booming real estate market. People from all over the country are increasingly attracted towards investing in the properties of this region.
Founded by Shaikh Farid in the year 1607, Faridabad is an important commercial center of Haryana. It is the most populated city of the state. It has grown enormously in the past few years, chiefly because of a large number of industries that have come up in the town. While real estate investors believe that Faridabad has witnessed an unparallel growth, particularly because of surrounding property boom in NCR and the city is loaded with large prospects for multifaceted growth. This makes it the next hunting ground for property developers after Gurgaon.
The city of Faridabad is renowned for its highly improved infrastructure and basic amenities. All the important centers of Faridabad are connected with one another with local transportation including taxies, buses, autos, etc. Apart from this the city is also accessible from the other areas of NCR making it a highly accessible place. Various reputed educational institutes, advanced healthcare centers, etc. have contributed in the booming Property market in Faridabad. The real estate investment in Faridabad has become a lucrative option for the investors as the investment opportunities are endless and that also with an assured return.