CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: Long overshadowed by its neighbouring cities, Gurugram and Delhi, Faridabad is now stepping into the spotlight as an emerging real estate destination. With a surge in infrastructure and commercial development, the city is transforming into a centre of residential and commercial opportunities, attracting demand for office spaces, retail hubs, and residential projects. Catering to a wide range of housing options, from affordable to premium, Faridabad’s strategic location and connectivity with NCR make it increasingly attractive for both homebuyers and investors.
Key infrastructure projects, such as the Faridabad-Noida-Ghaziabad (FNG) Expressway, are reshaping the real estate market in Faridabad. Once completed, the FNG Expressway will significantly improve access, reduce travel times, and open up new development opportunities within the city. The expansion of Greater Faridabad, popularly known as Neharpar Faridabad, has also spurred real estate growth, creating new avenues for residential and commercial projects. Additionally, the Delhi-Mathura Road enhances the city’s connectivity, integrating Faridabad into a broader transportation network.
The upcoming Faridabad-Jewar Expressway is another transformative project that promises to link Faridabad directly to the Jewar Airport, one of India’s largest airport projects, further boosting accessibility and investment potential. This connectivity will help elevate property values in Faridabad, attracting more developers, businesses, and homebuyers to the region.
Faridabad’s Rising Appeal Among Buyers and Investors
A report by Anarock noted that Faridabad saw approximately 6,205 units sold in H1 2024, demonstrating strong demand bolstered by upcoming infrastructure. New commercial projects, educational institutions, and smart residential developments are adding to the city’s appeal, positioning it as a robust choice for those seeking sustainable and affordable urban living within the NCR.
