The development of Faridabad is picking up pace during the past five years and it is expected to further speed up as the city has to be ready for the expected 2 million additional people by the end of the current decade in 2031. Already 28 builders are active in the city and there are more than 100 different types of projects being constructed in Greater Faridabad. The major part of the high rise projects being constructed however belong in the affordable category as there is a constant push to provide affordable housing for the middle class by both the central and state governments.
In sector 88 there is an affordable housing project being constructed by the Sudarshan Buildtech ltd which is being built under the provisions of the Pradhan Mantri Awas Yojana and supported by the central Government. This project located on 5.06 acres of land right next to a mega hospital is going to include 724 units of 1BHK, 2 BHK and 3 BHK residential flats in Faridabad in a closed and gated society. The flats are being constructed with carpet areas ranging from 326 sq.ft to 645 sq.ft and complete with balconies in sizes of around 100 sq. ft. The 724 flats are distributed over 12 towers constructed in the compound. The project has been named Amrit Homes and is under construction.
We now take a look at one of the most important aspects of a residential project i.e. its location. This location in sector 88 is most important from the point of view of what it adds to the value of the property. The project is just adjacent to one of the upcoming landmarks of the city in the shape of the largest hospital in northern India as well as in Faridabad with 2000 beds. The Amrita Hospital in sector 88 not only provides value in terms of resale value of the flats but also in terms of providing excellent health care for the residents of Amrit Homes. The area is possessing wide roads and these provide it connectivity to the Delhi Border in just 10 minutes and there is also a metro station close by at Old Faridabad. There is also the availability of multiple sources for providing high quality education to the kids of the residents with almost 16 excellent schools in a radius of around 2 to 4 kms from the project. There are schools like the Aravali International School and the Modern School in close range and even the Apeejay School.
Coming to the amenities provided by the builders in the project of affordable flats in sector 88 Faridabad. Amrit homes being a closed and gated society has Security cover present at the gate of the community 24 hours a day. They are to provide all other important amenities like paved roads, street lights in the compound, round the clock water supply to the flats, a beautiful park with kids play section, open parking arrangements and power back up for the common areas as well as the lifts in the complex.
The prices of the flats in Amrit homes start at 14 lacs and
go up to 26.33 depending on the size of the flat. Bank loan of up to 90 % can be
availed and there is subsidy of 2. 67 lacs available under the PMAY scheme.