Effort that Made for the Development of Faridabad Infrastructure

Fortune seems to be favoring Faridabad. Last year it got connectivity to the Metro rail, and just a few week ago it was get placed in "Smart City." A move is being made to shift the city’s focus to the service industries though it is known for its core industries. Efforts are also being made to the development of its infrastructure. In the process, it’s likely that people congregating to Millennium City Gurgaon will soon find an economical housing alternative here. Faridabad, last month, was included on the fast track list of 13 towns that will be developed into smart cities. The Municipal Corporation of Faridabad had submitted a lively city proposal projecting an expenditure of Rs 2,600 crore to the Union ministry of urban development earlier this year. The plan included area-based development projects involving the development of an area of 1,267 acres, including sectors 19, 20, 20A, 21A, and 21D.

The method includes modifying these regions surrounding Badhkal Lake. It includes three Metro stations, a Metro depot, a railway station and two urban villages and two regularized urban slums. The ecological rejuvenation and restoration of the dying Badhkal Lake include filling the lake with treated water. The expected estimate of the project to be completed in two years is around Rs 50 crore. As of now, what’s known is that a waterfront and a forest city will be developed around the lake, which will be referred to as the Badkhal Marina. It’s segments of the Vanikaran Yojna of the state government to reduce pollution and improve the region for competitive activities. Faridabad Railway Station has also been recognized among 400 railway stations that will be enhanced as part of the project.

Other projects include developing mixed use, high-density avenues, plazas, and public open spaces along Metro stations in areas along the six-lane NH2, non-motorized transport lanes, intelligent traffic management systems and smart signages. Green projects include rainwater harvesting and automated online water quality monitoring systems, revamp of sewerage and drainage network systems in these sectors, provision of smart toilets, solid waste management systems, solar rooftops and LED street lighting, etc.

Improvement of this bright cluster is expected to impact the property in Faridabad. "It will be one of the operators that will improve the image of this area, make it far more livable. The Greater Faridabad 2031 Master Plan that is yet to be notified has an arrangement for around 35 new residential segments out of which five to seven are institutional and industrial. Besides, the widening of the NH2 to the expressway that is in advanced stages of construction will boost connectivity with the Delhi. Now people favor Faridabad to Gurgaon because it is affordable and peaceful and the sizes that are available are bigger than projects in Gurgaon. Sizes of apartments in Faridabad range from 1200 square feet to 2022 square feet.

Rahul Kumar writes on behalf of Buy Property Realty Pvt. Ltd., a Company which makes buying and selling easy for people. This article talks about the facilities that residential and commercial Property Buy enjoys after buying Properties in Faridabad.

Rahul Kumar has an excellent Knowledge about investment in Indian Real Estate industry. He passionate about writing about Real Estate market and investment for more details you can check out his latest articles on http://www.buyproperty.com/articles.