The initiation of a new project creates a hype that is often misleading. In several cases especially in the sphere of housing and available residential accommodation facilities there is a notion created about prices and rates of land plots. Being one of the busiest and largest urban centers of the Indian state of Haryana there was a similar dilemma faced by Faridabad. The city is strategically located which has made it a primary center of business and activities in the region. There was a phase when affordable housing in Faridabad seemed like a dream. Prices did go up and left little scope for those who came here from their distant hometowns in search of work and business.

With time and several developments, there is a new zone of hope for homeowners and likely buyers. There are several projects that have come up in recent years that have more than made up for lost years. Putting all apprehensions to rest, this is a new beginning for affordable housing in Faridabad. Perhaps the most important aspects that stands out in this is the uncompromised quality and the standards maintained both in the making of buildings as well as incorporation of modern facilities for residents. There is a greater value for money available at all price levels and structures in these housing developments.

There are several well-known and established companies of the real estate development sector that have ventured into the market of Faridabad. It has been widely understood that buyers will have to be catered and not offered. Thus, companies that has expectations of being a popular brand name have carefully surveyed the market and understood the pulse of majority demand. With this Faridabad has witnessed a shift of company policies erstwhile known to have been engaged only in luxury and highly expensive projects. The marketing mantra now focuses on a new and affordable housing that will provide best value for one’s money.

Some of the low-budget housing options in Faridabad include:

KLJ Greens, Sector – 77 – Apartments start at Rs. 24 lakh onwards.

Panache Homes, Omaxe Spa Village, Sec-78 – On offer are Studio Apartments – 650 sq. ft. (Rs.14 lakh), 2 BHK – 800 sq. ft. (Rs. 18 lakh)

Uppal’s Jade, Sec – 86 – Prices Start at Rs. 12.5 Lakhs onwards.

These projects do not consider several elements of modern living as luxury; there is small one to two bedroom apartments or even a sprawling four bedroom apartment. But in all of these, there are common factors available such as these.

  • Round the clock security
  • Gated communities
  • roper electricity and power services
  • Well planned sanitation and sewage systems
  • Common facilities like swimming pool, children’s playground, joggers park and community hall

These are only a few of the modern facilities that are commonly available even when you are looking for affordable housing in Faridabad. There is even better than before projects that have been designed and some are even ready for possession; these have been offered by some of the established and well-known companies in the real estate development sphere of the region thus ensuring quality with modern standards and comfort. While medium and large sized apartments are already available at price ranges starting from Rs. 20 lakhs in prime areas of the city there are other projects that have options for buyers within the range of Rs. 12 lakhs to Rs. 15 lakhs also.

Professionalism and sincere dealing of clients is one of the new highlights from companies offering affordable housing in Faridabad. There are clear indications of price levels and amounts for bookings stated at the onset. Buyers and potential homeowners are conscientiously saved from any hidden costs and fraudulent brokers. Companies have established their own network of marketing and sales companies that handle all aspects of demonstration and negotiation of deals with potential buyers. There are no brokers and brokerage fee involved in the middle that saving a significant amount of money in ambiguous deals and bargains.

Buyers will also have the option of housing loans and financial assistance from some of the best banks in the city. Most projects for low cost housing are also accompanied by an official tie-up with banks and financial institutions that offer loans on easy EMI payments. This option can be availed by buyers who finds a project suited to their needs but maybe financial insecure at the time. It will be important to talk to the banks separately however because despite this tie-up the housing company will not undertake any responsibility of your financial dealings with the bank. This is an additional availability to ensure convenience of finances readily available at hand.