After the development of Gurgaon and Noida reached a stage when the real estate prices reached their peak it was the turn of the city of Faridabad to become the focus of attention. This industrial town of Haryana state was perhaps the best connected in terms of infrastructure to the Capital rather than the other two towns. The city was connected by a straight road from Ballabgarh to Cannaught place in the heart of New Delhi via the Mathura Road. Still a plan was made to develop the city in a well planned manner with an eye on the future. The master plan added 50 new sectors to the already existing sectors in the city. It also stressed upon the optimum usage of land and the construction of numerous high rise projects of flats in Faridabad. In support of the Master Plan a central Government scheme for the provision of affordable flats in Faridabad under the Pradhan Mantri Awas Yojana was also put in motion.
In sector 82 of Faridabad is a project of high rise residential flats constructed by the Auric Group and called Auric City sec 82. This project has been constructed under the Pradhan mantra Awas Yojana and consists of 832 units of 1BHK and 3 BHK flats in Faridabad and has been constructed on 5 acres of lush green land with 8 high rise towers of 13 floors each. The carpet area of these flats as per the norms of the PMAY is 324 sq.ft and 638 sq.ft with balconies in sizes of 80 sq.ft and 100 sq.ft over and above the carpet area of the flats.
The sector 82 is one of the finest locations in the Greater Faridabad belt with a number of prestigious projects which has all the best features which make for a perfect location for residential units. The Delhi Metro which extends to Ballabgarh provides the city with the best public transport system which is further going to be extended into the Greater Faridabad and up to Palwal. There are good hospitals in the area to provide the best healthcare for medical emergencies with the nearest one being the Metro Heart Institute just five minutes away. Greater Faridabad is also blessed with a number of quality educational institutions spread out over the various sectors making quality education easy to access for the kids and then the spacious roads in the whole city allow for much faster connectivity. All this makes the location a very prime and practical one.
The modern real estate business also is compelled to provide certain basic amenities for any residential project. In Auric City these include the manual security arrangements at the one main entrance to the compound; rainwater harvesting system; paved roads and street lighting; a beautiful well laid out garden with a children’s play area; open air parking arrangements; 24 hour water supply to the flats; garbage collection facilities ; power back up for the common areas and the lifts in the towers and a small commercial section with shops which are meant to cater to the needs of the large community.
Price of the flats in Auric City is currently in the range of 15 lacs to 32 lacs and the PMAY provides a subsidy to persons who are buying homes for the first times. It is a grand residential project.