Also known as Greater Faridabad, Neharpar is one of the emerging realty hubs that offers a perfect blend of both industrial and residential spaces. Some of the major reasons for realty growth in this region is due to recent developments in terms of infrastructure and improving connectivity. The sectors between 66 and 74 are the major industrial belts while the sectors from 75 to 89 offers many residential projects.
Neharpar has many active sub-localities, as the region is funded by the central government through JNNRUM (Jawaharlal Nehru National Urban Renewal Mission). Some of the major sub-localities of this region include Jeevan Nagar, Hanuman Nagar, Naharpur and Bharat Colony.
Besides, the region is bounded by Greater Noida in the east, Gurgaon in the west, Noida towards the northeast and Delhi in the north.
Here are some of the major reasons for growth of the Neharpar property market.
Connectivity
Main Bypass Road and National Highway 2 are the two major roads that offer access to neighbouring cities like Delhi, Mathura and other localities in and around Faridabad.
The other major roads here include Wazirpur Road and Kacha Khari Road
By taking the Gurgaon-Faridabad Road, the commuters can reach Gurgaon which is located just 45 km away.
The nearest railway station here is the Faridabad railway station which located at a distance of 4.5 km
The Indira Gandhi International Airport is located about 36 km away from the region.
However, one can reach Airport via roads and metro rail
When it comes to metro station, Badarpur is the closest metro station that is located just 10 km away from the area.
Infrastructure
The upcoming violet line of the metro project that connects Badarpur to YMCA Chowk has been playing a major role in increasing the realty demand here
The extension of the metro line and widening of the Main Bypass Road is expected to boost the realty market in this region.
Also, connecting bridges on the Yamuna River for the Faridabad-Noida-Ghaziabad line have encouraged several realty developers to construct more realty projects here
With the presence of branches of Yamuna River, the region enjoys abundant water supply.
Eventually, this makes Neharpar an active residential hotspot
Also, the locality has the presence of many healthcare facilities and many reputed educational institutions
With all these above mentioned factors, investing in Neharpar is certainly a smart choice if you are searching for properties in Faridabad.
Author's Bio:
Raju is a writer who loves to share informations that are useful for the people. He also shares his views on Indian real estate through sites like Indiaproperty.com
