Group 6: Mohit Gupta Nikita Varma Priyanka Singh Sameera Simha Sulagna Chaudhuri Real Estate Management MASTERS OF BUILDING ENGINEERING & MANAGEMENT SPA, NEW DELHI INVESTMENT SCHEME FARIDABAD CITY
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT LOCATIONLOCATION REAL ESTATE MANAGEMENT SPA, NEW DELHI FARIDABAD
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT LAND USE-2014LAND USE-2014 REAL ESTATE MANAGEMENT SPA, NEW DELHI
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT SWOTANALYSISSWOTANALYSIS REAL ESTATE MANAGEMENT SPA, NEW DELHI STRENGTHWEAKNESS The city has a well-laid out plan, which is at an edge over the other regions of Delhi NCR. Well planned power infrastructure. Proximity to Delhi. NH2 and Chaudhury Charan Singh Marg offers excellent connectivity. Affordable property prices vis-à-vis the rates at Gurgaon and Noida. Upcoming industrial areas along the expressways. Land allocation through government Authorities. Connectivity with the businesss districts of Gurgaon is good. Availability of water is not sufficient Buyers not comfortable with law and order situation. Few very renowned developers as compared to those in Gurgaon. The lack of proper healthcare facilities OPPORTUNITYTHREAT KMP Expressway that will become operational will connect Palwal to Manesar and further to Kundli. Metro connectivity under construction, expected completion by Majority of comparable NCR markets are high priced. Landuse plan developed does not feature many business centres. Options available in locations like Noida, Greater Noida and Gurgaon has deterred the flow of demand to Faridabad.
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT REAL ESTATE MANAGEMENT SPA, NEW DELHI There has been a hike in apartments that were absorbed in Faridabad compared to Gurgaon and Noida. Also out of the construction units available in the NCR, Faridabad has the lowest share of construction units- 5%. So a greater number of housing units can be launched in Faridabad owing to the spurt in the growth of industry in the city and the improvement in infrastructure. Distribution of 2 & 3/4 BHK in Faridabad
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT REAL ESTATE MANAGEMENT SPA, NEW DELHI GROWTH STIMULATORS KMP expressway a recent initiative of Haryana & U.P. govt. would act as a ring road to NCR. The expressway once completed would link areas of Kundli, Manesar, Palwal with Gurgaon, Faridabad, NOIDA & Ghaziabad. The improved connectivity of Faridabad would result in appreciation of the property prices. Planned extension of Delhi Metro to South Delhi is also expected to increase the marketability of Faridabad. This would further reduce the transit time between Delhi & Faridabad & result in appreciation of property prices. Great future connectivity to NOIDA, Greater NOIDA, South Delhi & Gurgaon. Gurgaon-Faridabad wide road is already in place. Flyover from NOIDA – Greater NOIDA expressway is proposed. Expressway from Kalindi Kunj is slated to be completed before Commonwealth games 2010 which will facilitate a smooth journey to Agra.
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT REAL ESTATE MANAGEMENT SPA, NEW DELHI Metro is due before 2010 while many commercial & retail projects are slated to come up soon. As many as over 15 developers have already moved in and major construction and infrastructure upgradation activities are going on. Residential sectors are attracting investors as well as end-users working in & around Delhi. HUDA (Haryana Urban Development Authority) has contributed to the resurgent interest in Faridabad by recently announcing group housing schemes through draw of lots, which has received overwhelming response. Close to 1.85 million sq. ft. of IT space is estimated to come up in Faridabad by Dec 2009, which will create over jobs in this zone.
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT REAL ESTATE MANAGEMENT SPA, NEW DELHI LocationAvg. priceRemarks NeharparFlats: Rs per sq. ft. Lots of land available for new infrastructure development. Kundli-Manesar-Palwal Expressway that will connect Neharpar with Delhi and Gurgaon. SurajkundFlats: Rs per sq. ft. The most green area of Faridabad. Easy connectivity and close proximity to South Delhi. Easily accessible via Gurgaon-Faridabad and Mehrauli- Badarpur road. Asola Bhatti Wild Life Sanctuary and Sun Temple are located in this area. NIT FaridabadFlats: Rs per sq. ft. Close proximity to Ballabgarh & Mathura road. Return on investment is witnessing a hike. Dayal Basti2BHK flat: Rs. 30 lakhs to 35 lakhs 3BHK flats: Rs. 35 lakhs to crores Close proximity to Old Faridabad, NIT and Ballabgarh. Presence of National Museum and Tughlaqabad Fort Complex. Good education, health, lifestyle and entertainment facilities. High return on investment. Old FaridabadMost of the property is sold out and the property available is mostly as resale property. Selected micro markets of Faridabad city (in red) for the investment of Rs. 200 Cr
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT REAL ESTATE MANAGEMENT SPA, NEW DELHI MICROMARKETS OF FARIDABAD CITY
GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA MASTERS OF BUILDING ENGINEERING & MANAGEMENT CONNECTIVITYCONNECTIVITY REAL ESTATE MANAGEMENT SPA, NEW DELHI The Proletarians, Sector 78, Faridabad Gurgaon-Faridabad Road – 11.4 km NH2 (Mathura Road) Metro Line along Road – 6.7 km Agra Canal BPTP Bridge – 4.1 km Chaudhary Charan Singh Marg (Bypass Road) – 5.1 km GURGAON DELHI NOIDA AND GREATER NOIDA Faridabad New Town Metro Station – 8.4 km Badarpur Metro Station (Violet Line) – 15.6 km 10 Sector 87, Faridabad Sector 49, Faridabad