KABUL CHAWLAKabul Chawla discussing about

his Faridabad trip: A Realty

destination

Riding on fast-paced infrastructure development over

the past few years, Kabul Chawla talked about

Faridabad saying, it is well on its way to becoming a

realty hotspot in the Delhi-NCR region. The NCR

Regional Plan 2021 has projected the population of

Faridabad to grow to over 2 million in less than 10

years, thereby creating more opportunities and

brightening prospects for this burgeoning city.

Faridabad is donning a new look being an industrial

hub of the state of Haryana and due to its proximity to

the national capital, Delhi. The presence of

multinationals such as Whirlpool, Goodyear, L&T,

ABB and Indian industry giants such as Escorts,

Eicher, Cutler-Hammer and Hyderabad Asbestos have

turned Faridabad into a commercial hub and a

catchment area for residential development

Kabul Chawla added saying, Faridabad is an importantpart of Delhi NCR which comprises Gurgaon, Noida,Ghaziabad and Greater Noida. The real estate sector inand around Delhi has witnessed a surge in the last fiveyears owing to the IT wave in the country. Faridabad,too, is experiencing considerable growth in the realestate segment and developing exponentially. It hasbecome one of the most sought after realty destinationsin the NCR.

The property market in Faridabad is witnessing arising trend of rapid growth and success. In fact, therecent times of booming property market, hastransformed Faridabad into a lucrative place to buy,sell and rent industrial and commercial property inDelhi/NCR to land and plots in Faridabad. It isequidistant from Gurgaon, NOIDA and South Delhi,virtually positioning it at the centre

With the growing demand of property from buildersand developers, there has been a major boom in the realestate market in Faridabad. With other real estatemarkets in the NCR reaching saturation point, this cityoffers unique investment opportunities and this is anexcellent time to invest in Faridabad. One of thebiggest factors responsible for Faridabad’s phenomenalgrowth trajectory is its connectivity with the entireNCR. For instance, the city is only 10km from AshramCrossing at Mathura Road. The opening up of the 4.4km-long elevated six-lane road, also called theBadarpur flyover, has not only reduced travel time buthas also eased traffic density considerably. TheNeharpar bypass road from Sector 37, which leadsdirectly to Ballabhgarh-Palwal, connects Faridabadwithout any fuss. The Gurgaon- Faridabad Expresswayprovides great connectivity between the two satellitetowns with reduced travel time. These factors havemade the land in the region more valuable andprompted speedy development and continuous growthof real estate infrastructure in Faridabad at anunexpected rate.

KABUL CHAWLA

BPTP owner Kabul Chawla said, BPTP Limited was one offirst few companies that had the farsightedness to gauge thatFaridabad would prove to be the future area of urbandevelopment. BPTP has been instrumental in makingNaharpar in Faridabad a viable realty destination. BPTP’sforesight has certainly paid off with Faridabad poised to growinto a city of the future. In fact, it was BPTP’s flagshipproject Parklands that brought Faridabad to the forefront ofNCR real estate map, and gave it the status of a premier city.

An integrated township, Parklands pioneered features suchas power back-up and contemporary perimeter security inFaridabad. This township offers excellent investmentopportunities pertaining to many reasons for this, the mostimportant being the fact the construction in this region isnewer and adheres to more modern aesthetics. Being in closeproximity to developed sectors like 14 and 15 gives thisregion a far superior rate of appreciation in comparison toother areas in the city. Well-connected and rapidlydeveloping, Parklands offers bright prospects to both endusers and investors.

Park Grandeura, a part of Parklands, already has 400

families living and enjoying a home of their own.Park

Floors has more than 40 families already residing here.

The Deck, one of the most exclusive addresses at

Parklands, is a single tower project that offers about 30

exclusive duplex apartments designed aesthetically

with a promise of exclusivity, luxury, comfort and

security.

As the name suggests, BPTP’s project The Resort

promises a vacation-like lifestyle. Located at Parklands

in Sector 75, it offers apartments spread over a 10.82

acre expanse. The apartments at The Resort feature

half-modular kitchens, air conditioned bedrooms with

built-in wardrobes and laminated wooden flooring.

Park Sentosa, a recently launched project is a

smart capital in the heart of Faridabad that

offers a perfect balance of exclusivity & serenity.

This group housing development feature – Sky

lounge, Sky Gym & Sky Garden, making it

Faridabad’s very own Singapore.

Other major developers that have residential

projects in the city include Omaxe, Parsvnath

Developers and Mahindra Lifespaces.

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