Gurgaon-Faridabad road sees increased realty development
Delhi/NCR- One of the upcoming realty destination is the Gurgaon-Faridabad road which has been witnessing a remarkable realty development due to the constant infrastructure improvement and easy connectivity. An array of residential and commercial units have been launched in this area.
Due to the fast paced and future developments in this area, the authorities have allotted about 200 acres of land for the SEZ (special economic zone). However, various realty experts predict that the real estate in Gurgaon-Faridabad road will soon have a boom with renowned developers and their projects. The key factors responsible for attracting a large number of developers is the planned location, planned highways, the developed connectivity, enormous townships by popular developers and the spread on MNCs followed by easy connectivity to residential and business hubs.
Not just this, the Gurgaon-Faridabad road also caters to the housing needs of the professionals with appropriate housing units and it will be one of the most affordable realty zones in the coming future. The stretch is all set up to offer the best residential units and will be competing with areas like Greater Noida and Noida which is also the major industrial NCR growth arena.
The area which was earlier desolate has today comparatively developed a long way in terms of the opportunities offered and the infrastructural development. It is also predicted that this area will be a hot spot for residential and retail development in the coming future due to proper planning and advanced infrastructural development.
This expressway stretches about 25 km and is managed by the Reliance group. This rapid development here has led to a severe competition resulting in the sprouting of hotels, malls, entertainment and educational zones. Apart from this, there are also popular local tourist spots likes Surajkund, Damdama Lake, Sultanpur Bird Sanctuary and the Sohna Tourist Complex.
Other factors like widening of Gurgaon-Faridabad Road into four lanes followed by the reduction of the travelling time, effective management by the government,metro connectivity, revamped roads and a blend of residential and commercial real estate units.
Read more real estate news
Gurgaon Faridabad Road – The next Gurgaon in Gurgaon?
Gurgaon and Faridabad: An overview of two real estate hubs in NCR
affordable realty zones, Delhi NCR, Greater Noida and Noida, Gurgaon Faridabad Road, Housing units, infrastructure improvement, Metro connectivity, realty boom, Realty development, Reliance group, residential and commercial units, SEZ (special economic zone)
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