Real Estate Property in Faridabad : The Key Business of Haryana
| Posted On: 2010-06-24 |
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Faridabad is the key engineering city and population center in Haryana. The city was founded in 1607 by Shaikh Farid, treasurer of Jahangir, with the object of protecting the highway which passed through the town. Shaikh Farid built a fort, a tank and a mosque which are in ruins.
Faridabad became 12th district of Haryana State on 15th August, 1979. Faridabad town adjoins Delhi on its south-eastern side and has grown extremely during the last couple of decades, particularly because a large number of industries have come up in the town.
Faridabad as one of the most important Delhi Metropolitan area towns that needs to the planned and developed to check the inflow of migrants to the National Capital. In the Final Development Plan of Faridabad -Ballabhgarh Complex Sectors 68 and 69 have been designated as the industrial sectors and Sectors 66 and 67 had been marked for warehousing, transport and communications. The industrial township at Faridabad will be developed in Sectors 66, 67, 68 and 69 of the Final Development Plan of Faridabad. Here land measuring 1832 acres has been notified for acquisition under Section 4 of Land Acquisition Act.
For the effortlessness of civil administration, Faridabad District is divided into five sub divisions, Faridabad, Ballabgarh, Palwal, Hodal and Hathin. Each subdivision is headed by a sub-divisional officer.
Faridabad real estate market is in hot demand for rental as well as commercial spaces. There are many advantages of buying property in Faridabad at this phase of time. Faridabad enjoys proximity to Delhi and NCR towns. You can enter Faridabad just in 15 Minutes drive from Greater Kailash, Nehru Place, Sarita Vihar or Apollo Hospital. Real estate market in this region is also enjoying the power of this well-connectivity. Also Badarpur flyover is near to start, as planned by NHAI to make national highway broad & red light free from Ashram Crossing, towards Agra.
Nothing could be better than property in Faridabad. Not only one of the main and highly established cities of Haryana, Faridabad is also one of the most developed cities in the NCR of Delhi, the capital of India. If you are planning to buy property in Haryana, then nothing could be better than property in Faridabad. Faridabad in the recent past has seen a lot of growth and development in its infrastructure as well as property value. Both commercial and residential scenario in Faridabad has developed at a furious rate and is still on the rising.
People of Faridabad are very modern owing to an industrialized economy. The touch of Delhi can be seen very easily in the lifestyle of people of Faridabad. A Recent India-Today survey showed that people here are among top ten buyers of healthcare and beauty products in India.
Haryana Government has decided to go ahead with the setting up of new Industrial Model Township (IMT) at Faridabad and Rohtak. These townships will be built on the pattern of Manesar near Gurgaon. Based on the global model for an industrial hub, these townships will integrate industrial, commercial, residential and institutional sites for operational convenience and promoting walk-to-work-culture.
Faridabad is a rich amalgam of all modern amenities & convenience at hand. There are reputed clubs like Gymkhana with Membership, Charms-wood, Faridabad Cricket association Club & Nahar Singh Golf Club. You can enjoy longer shopping hours at malls like Ansals’ Plaza & Destination Point. Also, there are excellent medical facilities available at Escorts Hospital & Research Center and Metro Heart Institute. A lot of new shopping malls & multiplexes are also coming up.
Real Estate companies like Omaxe Property, BPTP Property in Faridabad and others have boosted the image of Faridabad. Residential Projects like ‘The Forest Spa Faridabad’ by Omaxe Real Estate Developers is a prime example of posh residential development in Faridabad. |





