Expanding residential footprint

Faridabad non-prime micromarket of the National Capital Region (NCR) comprises areas located off the National Highway (NH) 2 and sectors 75-89, which form a part of Greater Faridabad. The micromarket is currently connected to other parts of NCR via NH-2. Planned infrastructure by way of the Eastern Peripheral Expressway, metro expansion and a proposed metro route connecting Faridabad and Gurgaon is expected to improve connectivity in the medium term. Demand for residential units stems from end-users as well as investors. End-users include middle-level employees of industries or companies operating from Faridabad Prime areas. This micromarket is primarily an upcoming residential area and infrastructure facilities in terms of roads, water and electricity supply, among others, are limited. It also has limited social infrastructure in the form of educational institutes, hotels, hospitals and malls.