If you are planning to buy a house, what should be the budget?
Everyone dreams of having their own house. If you are living in Delhi-NCR and are planning to buy a house in faridabad, then what are the options available to you, after this we talked to different real estate experts. Aman Gupta, director of RPS Group, says that affordable 1-2 BHK options in faridabad for Rs 30-60 lakh can meet all the needs in Sector 76-79, where there is easy access to the Delhi-Mumbai Expressway and future metro connectivity. For mid-segment buyers with a budget of Rs 60 lakh to Rs 1.2 crore, consider Neharpar or Sector 21-22, where 2-3 BHK houses are available near schools and hospitals.
What is the better location?
He says premium buyers, with a budget of over Rs 1.2 crore, can opt for luxury high-rise apartments in Greater faridabad or Southern Peripheral Road with 3-4 BHK layouts with modern amenities. Focus on Escorts Mujesar Metro or Faridabad-Gurgaon Expressway for better connectivity, while avoiding Old faridabad due to traffic jams. Greenfield townships in Sectors 85-89 and near Jewar airport are likely to see price hikes in the future. Remember to set aside an additional 10-12% for stamp duty and prefer RERA-registered projects to avoid delays.
While, siddharth Maurya, founder and managing director of Vibhavangal Anukulkara, says faridabad is expected to become an attractive destination for buyers in 2025 due to its affordability and growing infrastructure facilities. Beginner investors can look at Sectors 88-90 (1-2 BHK, 12-15% annual appreciation), which are connected to the Western Peripheral Road, while families can prefer Sectors 28-31/Ballabhgarh (3 BHK, Rs 80 lakh-1.1 crore), which are close to schools and parks.
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