Ever since Faridabad started developing the real estate scene in the city has seen some massive activity. New sectors are being added regularly and land is being acquired by the government to meet the demands of creating homes for the ever increasing population of this city. The master plan of the city has envisaged a total population of around 4 million people by the end of the current decade. The government besides acquiring more land has already sanctioning new residential projects and there is a special effort to allow more of the high rise projects as compared to the plotted ones. However there are quite a large number of plotted projects also in the newer sectors being developed.
One of the plotted projects being developed is by the Soho Developers Pvt Ltd. a local real estate development company. This project is being constructed and developed on almost 14 acres of land in sector 98 one of the newest sectors to be added to Faridabad. Neal City consists of 245 residential plots in Faridabad in sizes from 110 sq. yards to 160 sq. yards and is being developed as an independent residential community. These plots in Faridabad sector 98 are all being offered under the conditions of the Deen Dayal Jan Awas Yojana and are all passed for the construction of stilt + 4 floors as per the latest construction laws of Haryana state.
Sector 98 is a sector very close to the Green belt of the city and is therefore a beautiful setting for a home being comparatively pollution free for the moment as compared to other sectors. The master plan has seen to the provision of the spacious roads in all the sectors including this one in keeping with the expected demand in the coming years with the newly added residential community. These roads provide much faster road connectivity in the entire region. Additionally the Delhi Metro Rail Corporation provides the entire city of Faridabad with a very viable modern and fast public transport system which is also now going to be extended to the greater Faridabad area in the coming times. Besides this there are a number of schools in the entire city to take care of the education of the kids. These schools are all in a concentrated area of around 3 kms and include some of the best schools in the country. There are also some very good hospitals in a range of few kms to cater to the needs of the medical emergencies of the entire city.
As far as amenities go the group will be providing this project with all the necessary ones for similar projects. They will have to and will provide the security arrangements at the Gate and via CCTV in the compound. They also have to provide the paved roads and street lighting; 24 hour water supply in the compound; a couple of gardens with a children’s play area; rainwater harvesting; garbage collection; sewage treatment plant and many more such amenities.
The price of the plots in Neal city Faridabad sector 98 is in the range of 42000 to 44000 per sq. yard depending on its location inside the compound. There is also a subsidy being offered by the Haryana Government for first time home owners.