Faridabad's best and biggest

The growth of Delhi into the NCR saw nearby areas like Noida, Greater Noida, Gurgaon and Ghaziabad really come up. Faridabad however, lagged behind due to poor infrastructure and neglect of basic development work.
However, recently, there has been a change with the state government showing keen interest in building up infrastructure and residential and commercial projects. Private players are also looking with interest at this area and amongst them is the Triveni group.Faridabad apartments price range is decreassed

Triveni group is a multi-faceted conglomerate with interests in diverse sectors like automobiles, entertainment, finance, media and faridabad real estate. Triveni Infrastructure Development Company Ltd., the group's flag-bearer in the real estate and entertainment sectors, is creating innovative projects with a view to redefine industry standards as well as to take people's aspirations to greater heights.

Triveni is continuously creating infrastructure and environment that exceeds imagination , not just to turn customers' dreams into reality, but to enable them to dream much bigger. This commitment has helped the group's revenues to grow from Rs 200 crores to Rs 3000 crores in a mere 4 years and to have over 10,000 satisfied customers.Faridabad plots having high priority compare to apartments

An ISO 9001:2000 company in existence since 1985, Triveni's projects include group housing projects, hotels, commercial spaces, townships and shopping malls. The company's completed projects include Triveni Paradise, Triveni Castle, Triveni Gymkhana, Triveni Orchid Tower and T3 Mall at Agra and Triveni Rangoli at Sikandra.

Ongoing projects in faridabad include Triveni Krishna Vatika at Vrindavan; Triveni Signature and Galaxy at Faridabad ; Triveni Heights at Ghaziabad and Triveni City at Agra. Forthcoming projects include deluxe apartments at Rewari; condominiums at Gurgaon; integrated township at Noida; IT Park at Greater Noida and 5 star hotel in central Delhi.

Read More:http://articles.economictimes.indiatimes.com/2007-02-03/personal-finance/27677621_1_faridabad-projects-greater-noida

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NRI interest in Gurgaon realty up as touches historical low

GURGAON: The fall of Rupee has raised speculations of increased NRI investments in the reality sector. Gurgaon Builders and analysts say that Gurgaon continues to be a popular destination for NRIs buying property mainly for the purpose of investment.

The Indian Rupee (INR) has seen 12.0% depreciation against the US dollar since the start of May till June, thereby forcing its value go down against all other currencies pegged to US dollar, including the UAE Dirham (AED). As a result, the Rupee has also depreciated against the AED by 12.0% during the same period.

Builders maintain that this slip might prove a good opportunity to tap the potential offered by the NRIs.

According to Ravi Saund, COO, CHD Developers Ltd, most developers are taking cue from this situation and coming up with products primarily targeted at the NRI segment. "We, at the CHD, are coming up with high-end studio apartments in our upcoming commercial tower CHD Sky One. This will majorly be targeted at our NRI customers," he said.

Gurgaon Property has emerged to be one of the most lucrative investment options for NRIs since it ensures a good return on investment. The areas most preferred by the NRI segment are Golf Course Extension, Sohna Road and the upcoming Dwarka Expressway. "If the rupee maintains its current levels, real estate developers could see more NRI investments during the period. On the downside, cost of construction may marginally go up as we will have to pay more in rupee in order to procure raw materials," Saund added.      Source:http://timesofindia.indiatimes.com/city/gurgaon/NRI-interest-in-Gurgaon-realty-up-as-touches-historical-low/articleshow/21077562.cms

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