Indian Real Estate: A Twenty-five Percent Rising
Faridabad Indian Real Estate: In Buyer / Developer Crosshairs
Situated on the southern tip of New Delhi, the industrial town of Faridabad is divided into sectors of which Sector 21, located close to both Surajkund and Gurgaon roads is a colony that is easily accessible. Spread over 4-5 kms, it is has adequate parking space, wide roads, and relatively little traffic to disrupt the peace. Divided into four major blocks A,B,C,D, property prices in Sector 21 are considerably lower than Noida, Delhi or Gurgaon, and 350, 500 to 1,000 sq. yds independent housing can easily be purchased from anywhere between Rs. 10–15,000 per sq. yd. varying from block to block depending on the size and location of the plot.
With a number of society housing in C and D blocks, 2-3-bedroom flats here cost between Rs. 18 to 30 lakhs. And, if you are looking for a shop to invest in the HUDA market, be prepared to cough up a cool Rs. 70-80 lakhs, while, you will be asked to pay Rs. 6-7,000 per sq. ft. for one in a shopping mall
Ringed by Sectors 45, 46, 47, schools with an Engineering College, a millennium park, a multiplex, banks, ATMS, shopping plazas and malls, each sector has a park, HUDA market, regular police patrolling and security arrangements for society housing, Sector 21 west of Faridabad is attracting builders, developers and people alike into buying real estate in the area. Satisfactory water and power supply, smooth wide roads, external roads under construction, Sector 21, Faridabad on the southern tip of Delhi has seen a 25% increase in property prices, all within the last 6-months.
Looking to settle domillennium park, a multiplex, banks, ATMS, shopping plazas and malls, each sector has a park, HUDA market, regular police patrolling and security arrangements for society housing, Sector 21 west of Faridabad is attracting builders, developers and people alike into buying real estate in the area. Satisfactory water and power supply, smooth wide roads, external roads under construction, Sector 21, Faridabad on the southern tip of Delhi has seen a 25% increase in property prices, all within the last 6-months.
Looking to settle down or buy a second home for investment purposes! Make a wise investment in Sector 21, Faridabad before the real estate market heats up and prices spiral out of control
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