News articles tagged Faridabad

Faridabad’s Surging Professional Inflow Drives Residential Boom: 30,000 New Workers Expected by 2030

Faridabad anticipates 30,000 professionals annually, driving up demand for apartments, villas, and flats. Strategic projects and economic growth make it NCR's top investment destination, with property values set to rise by 40% post-infrastructure developments.

Faridabad's H1 2024 Residential Sales Surge to 6,205 Units

Faridabad's residential sales reached 6,205 units in H1 2024, fueled by infrastructure development and affordability within the NCR region.

Faridabad-Jewar Expressway Nears Completion, Boosting Real Estate Prospects

The Faridabad-Jewar Expressway’s impending completion in mid-2025 is revolutionizing regional connectivity, slashing travel time to Jewar Airport from two hours to 20 minutes, and driving up property values as investors flock to Faridabad’s real estate market.

Even though Noida and Gurgaon are oversaturated, Faridabad's luxury home market is expanding

Faridabad is emerging as a prime location for luxury residential development, offering larger, more affordable properties compared to Gurgaon and Noida, boosted by infrastructure improvements and increased connectivity.

Construction Prohibition Extended In NCR Till 3 May

NCR extends construction ban in Noida, Ghaziabad till May 3, Gurgaon & Faridabad allowed with approvals

Delhi NCR Notify New Household Projects

Delhi NCR's realty market faced ambiguity due to debt procedures. Faridabad led new project additions, followed by Gurgaon and Greater Noida. Delayed housing units further impacted sales.

Charge against Delhi Builder logged of making fool of 455 investors.

A Delhi-based developer, Manoj Bhardwaj, was arrested for allegedly duping 455 investors across several cities with fake real estate projects.

Faridabad Transforming into smart city

Faridabad is transforming into a smart city with plans for improved infrastructure, new residential projects, and affordable housing options, enhancing its appeal against Gurgaon.

Omaxe sales bookings surged by 26 pc in H1

Omaxe Ltd reports strong sales growth for the first half of the fiscal year, with a 26% increase in property sales. The firm attributes its success to higher average realization rates.

Home sales pick up in NCR by 46%: reports PropEquity

Home sales in NCR have surged by 46% in January, with clear property acquisition issues boosting buyer confidence. New launches dropped by 35% as developers focused on reducing unsold inventories.

Mid-segment housing now sets to pick up

Industry experts predict a surge in mid-segment housing demand, driven by affordability, particularly for 2 BHK apartments across various regions in India.

Faridabad MP Bhadana Alleged Of Land Scam

Land scam allegations in Faridabad involve top politicians, including local MP Avtar Singh Bhadana, amid claims of illegal land encroachments and corruption.

Buyers back in Real Estate Sector this Navaratra.

This Navaratra marks a significant resurgence in the real estate market, as buyers eagerly engage in transactions, a trend anticipated to continue through the summer vacation.

Small cities are getting more interest

Neharpar in Faridabad emerges as an attractive investment destination with affordable prices, drawing interest from buyers and developers alike.

Real estate demand revitalizes

The economic slowdown has led to significant price drops for homes in the National Capital Region, creating a buying opportunity despite project delays from developers.

No slowdown in realty projects

Mahindra and Mahindra declares no slowdown in its real estate ventures despite a general demand slump. Key cities like Jaipur, Chennai, and Faridabad are noted for strong performance.

Ginger Hotels Group Plans To Launch 60 to 70 Properties In India

Ginger Hotels plans to open 60-70 properties across India in the next few years, focusing on refurbishing existing hotels and expanding its business model.

SRS Group To Invest Thousand Crores

SRS Group to invest ₹1,000 crore in 3 years, launch IPO by fiscal year-end. Plans include a 5-star hotel, IT park, residential complex, retail expansion, and new cinema screens.

Realty Cos Now Offer EMI Incentives

Real estate developers are offering incentives like "No EMI till possession" and "EMI holidays" to boost sales amid a sluggish market. These offers aim to attract end-users by easing the financial burden until project completion.

Citi arm takes 40% in BPTP.

Citibank's Property Investment unit invests $160 million in BPTP's SPV, acquiring a 40% stake to develop four SEZs in NCR, signaling strong investor confidence.

Real Estate Companies planning for Low-Cost Residential Projects.

Realty giants are embracing the affordable housing sector, launching low-cost residential projects targeting small and mid-income buyers in various Indian cities.