The Real estate business has been a very big attraction for small investors over the years for quick gains. Faridabad in the national Capital Region is also one of the cities in the NCR which is undergoing fast paced development and there are many companies coming out with various projects in the city in various categories. There are high rise projects of flats, independent floors, commercial projects and residential plots available for people to invest in.
According to the Anarock Group which recently carried out a survey in top 7 cities of India residential Plots are the largest attraction for small investors and in the last two years they have given a return of 29.5% on investment which is the third highest in the country. Ever since the pandemic was over many listed developers have been offering plots and this has led to the growth in demand and the prices of plots across the Micro markets in major cities of the country. The highest appreciation has been noticed in the plots along the Yamuna Expressway which has seen an appreciation of almost 38% in the prices.
Undoubtedly well chosen land offers higher returns on investment as compared to flats or readymade independent floors. That is the reason for the increase in the prices of plots in the major cities all across India. This is the reason that major construction giants are now offering residential plots to investors in preference to readymade apartments or independent floors.
However it has also been noticed that the investors are brand conscious and prefer to invest with bigger names like the DLF Group, Raheja Properties, Godrej Properties, Sriram Properties, Alpha Corp and in Faridabad companies like Amolik group which has been offering a number of such projects over the past two years and most of their plotted projects have been giving wonderful returns to their investors over the past two years. AS per the survey this trend is likely to continue over the next two years at least and maybe even longer.