Faridabad’s prime sectors 79, 89, and Greater Faridabad attract investors with DDA-approved plots, upcoming metro connectivity, and master-planned infrastructure growth.
Delhi-Faridabad metro expansion enhances connectivity to Greater Faridabad and Sector 89, driving demand for residential plots. Improved accessibility aligns with smart city initiatives, infrastructure upgrades and rising real estate investment in NCR.
Adore Group invests ₹800 crore in Sector 76, Faridabad, launching 190 4BHK apartments targeting corporate executives and family businesses amid rising demand for premium housing.
Omaxe invests ₹600 Crore in Faridabad’s World Street, adding 1.5M sq.ft retail, 1k+ parking spaces, and Singapore-style design to boost city’s retail ecosystem.
Enforcement Directorate arrests WTC Group promoter Ashish Bhalla over alleged fraud involving Rs 3,000 crore in Faridabad real estate projects, diverting funds to shell companies and foreign entities. Hundreds of investors duped through promised but undelivered plots in Sectors 111-114, indicating massive financial misuse. ED custody granted for interrogation.
Effective December 1, 2024, Faridabad's property prices rise by 10–20% across residential, commercial, and agricultural sectors. Hike impacts registration costs and market dynamics until March 31, 2025, with higher rates in DLF areas and Greater Faridabad.
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 residential sales reached 6,205 units in H1 2024, fueled by infrastructure development and affordability within the NCR region.
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.
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.
NCR extends construction ban in Noida, Ghaziabad till May 3, Gurgaon & Faridabad allowed with approvals
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.
A Delhi-based developer, Manoj Bhardwaj, was arrested for allegedly duping 455 investors across several cities with fake real estate projects.
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 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 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.
Industry experts predict a surge in mid-segment housing demand, driven by affordability, particularly for 2 BHK apartments across various regions in India.
Land scam allegations in Faridabad involve top politicians, including local MP Avtar Singh Bhadana, amid claims of illegal land encroachments and corruption.
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.
Neharpar in Faridabad emerges as an attractive investment destination with affordable prices, drawing interest from buyers and developers alike.
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.
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 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 ₹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.
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.