The Noida International Airport will be at a 30-min drive through 31 km long 6-lane Greenfield connecting road emanating from India’s longest expressway Delhi-Mumbai Expressway which passes through Faridabad.
This development will massively increase its real estate value and will significantly lead to growth in revenue and more job opportunities.
As compared to other parts of the NCR region, affordability is one of the most important strengths of Faridabad that is attracting real estate investments.
The average price of residential plots in the city range between Rs 40,000-50,000 per sq. yd. and with the airport and other infrastructure developments, the price is expected to more than double in the next 2-3 years.
The Omaxe MD lays out the advantages on which Faridabad rests and which will usher a new era of development in the city: