About

Faridabad, located in Haryana and encompassing parts of the National Capital Region (NCR), is a well-known city. Positioned 284 kilometres south of Chandigarh, it holds significance as a suburban city of Delhi. The Yamuna River forms its eastern border with Uttar Pradesh. According to a survey conducted by the City Mayors Foundation, Faridabad is currently experiencing the eighth-fastest growth rate globally and is ranked third in India. It is an integral part of the Delhi Metropolitan Area (DMA), as per the 2021 Delhi Regional Plan.

Faridabad is the most populous city in Haryana and is a major industrial hub close to the nation's capital, New Delhi. Given that both Faridabad and Gurgaon are pivotal industrial centres in Haryana, they collectively contribute to nearly half of the state's income tax revenue.

Why Buy Flats/Apartments in Faridabad?

Investing in flats and apartments in Faridabad is a great idea due to its excellent transport links via rail, road, and metro and the development of residential projects by trusted builders. Even during the pandemic, Faridabad stood out, experiencing a 7% growth in new housing supply in 2020, as per ANAROCK Research.

Faridabad offers a promising opportunity in real estate. It's a growing city, home to many IT firms, commercial areas, and educational institutions. Its strong connections to Noida and Delhi make it a prime location.

Homes in Faridabad are notably more affordable than in Delhi, Gurgaon, and Noida. Its proximity to Delhi makes it a cost-effective option, providing high-quality flats at a more budget-friendly price than in major cities like Delhi.

Investment Trend in Faridabad

The property prices in some regions of Faridabad have seen a significant increase. For instance, areas like Sector 88, Sector 86, Sector 82, and Sector 77 have experienced price growth of 33.3%, 15.7%, 33.3%, and 39.3% respectively. Regarding rental yield, these areas have seen returns of 3%, 4%, 4%, and 5% respectively.

The most appreciated areas in Faridabad include Sector 81, Sector 85, Sector 89, Sector 80, and Sector 79. Over five years, these areas have witnessed price appreciation of 75.6%, 71.7%, 51.9%, 49.2%, and 47.8%, respectively.

Sqft Price for Top 10 Areas

Here is the price list for some of the top areas in Faridabad:

Disclaimer: The mentioned prices are taken from different sources and do not reflect the actual price. The price depends on the offered location, developer, and amenities.

Faridabad's Real Estate Landscape

Faridabad, nestled in the northern expanse of Haryana, boasts a diverse geographic profile featuring a blend of urban, suburban, and rural districts spread over an expansive 742.90 square kilometres. This district and division find their place in the southernmost part of the state.

Prominent Builders in Faridabad

Noteworthy developers have contributed significantly to Faridabad's real estate landscape. These include industry leaders such as BPTP Ltd, Godrej Properties, Omaxe Ltd, Eros Group, RPS Group, UmanG Realtech Pvt. Ltd, and Cooperative Group Housing Society, among others.

Neharpar: Greater Faridabad

Neharpar, often called Greater Faridabad, encompasses residential Sectors 75 to 89. Projections suggest a burgeoning population of nearly 31 lakh residents by 2031. Within Neharpar, approximately 85% of available homes are primed for immediate habitation, while the remaining 15% are still in the developmental phase. The prevalent residential layouts in this area predominantly consist of mid-sized 2BHK and 3BHK units. Some of the standout residential projects in this zone comprise BPTP Discovery Park, BPTP Parklands Pride, RPS Savana, and RPS Auria Residences, to name a few. Key developers in this segment include Armotech India Pvt. Ltd, BKR Developers Pvt. Ltd, PBNK Developers Pvt. Ltd, and SRS Real Estate Ltd., among others.

The Rest of Faridabad

Other noteworthy localities in Faridabad encompass Surajkund, Greenfield, Charmwood Village, Sector 21, Sector 21 C, and Sector 43. Distinguished residential projects like Omaxe The Forest Spa, Ahinsha Nature Park, Urban One, and Eros Escalade exist among these areas. Leading developers contributing to this landscape include IJS Buildtech Pvt. Ltd, Advance India Projects Limited, Urban Reakty, Hindustan Infra Developers, and other prominent names in the industry.