FlatDealsIndia.com, a newly-launched Faridabad-based real estate website, has surprised real estate market watchers by offering major discounts on many premium properties in the Neharpar region, which is also referred to as Greater Faridabad.
2-bedroom Apartments in the BPTP Princess Park project, which are priced at Rs 3,000 per square foot by the company, are available for as low as Rs 2,500 per square foot. A 2-bedroom apartment in Era Redwood Residency, which is priced at Rs 2,500 per square foot can be purchased for around Rs 2,000 per square foot. Many more bargains are available at the website.
"These prices are all resale transactions. Investors who have patiently held on to these apartments for many years are selling out," says Sunil Tinani, founder of Flat Deals India. "The stock of flats on resale is dwindling and it is a matter of time before rates jump up in Neharpar, Greater Faridabad. The development of Faridabad has begun and now is the time to buy properties in Faridabad. Those who miss the bus and those who are selling out now will regret later," he concludes.
Faridabad, which has been neglected for far too long though it is strategically located, is finally seeing some infrastructure-
Faridabad is the 8th fastest growing city in the world and FlatDealsIndia.com has dug its fingers deep inside the Faridabad real estate pie by snatching resale bargains and offering the limited stock of apartments to genuine buyers.