The real estate prices in the city of Faridabad are on the rise because of the development taking place in the city in recent times. This development is the result of the shortage of available land for construction and the subsequent rise in the prices of real estate to peak levels in the cities of Delhi and Gurgaon. Looking at the increasing population of the national capital region in the coming ten years Faridabad was the only satellite town which met the criteria of being closely connected to the Capital and easily accessible. It was also the only town which was directly connected to Delhi in the shortest possible time. This has made it possible for the Haryana government to draft a plan for the proper development of the city keeping in view the future.
The real estate development in Faridabad has led to a massive amount of construction activity in the shape of new multi storey residential projects. Amongst these projects are also construction projects of high rise flats in Faridabad sector 86 in the affordable category. Adore Happy Homes is a project by the Adore Realtech Group of 2 BHK affordable flats in Faridabad. This project was built under the Pradhan Mantri Awas Yojana the central Government housing scheme which promises to construct 20 million affordable homes by 2024. It consists of 816 flats of 2 BHK configuration constructed on a plot of 5 acres of land in this centrally located sector of Faridabad. Distributed over 10 high rise towers the carpet area of the flats is 472sq. ft and 492 sq. ft. the project is ready to move.
The Adore Happy Homes project has been provided with all the necessary amenities by the builders. There is 24 hour security at the main entrance of the compound. Water is available round the clock. There is garbage collection facility. The towers are earthquake proof and fire protected. There is a garden in the middle of the compound with tracks and a children’s play area. Open air parking has been provided to the flat owners. An open Gym has been provided and also connection for PNG gas in the kitchens. A commercial area has been segregated and shops are provided for daily use items.
Location of the project is one of the most convenient ones in the city. The sector lies about 12 kms from the Delhi Border and is well connected by road. The Master Plan of Faridabad 2031 has ensured that the newly developing part of the city is provided with wide spacious roads to facilitate faster traffic. The project is also just about five to seven minutes away from the nearest Metro Station at Neelam Ajronda which provides it with the best connectivity to the National Capital Region and the other facilities like the airports and railway stations in the capital of Delhi.
The project also has some very good schools and hospitals in the immediate vicinity like the Accord Hospital and the Divine Public School and also the Delhi Public School both of which are less than five minutes away.
The price of the flats in Adore Happy Homes is in the range of 24 lacs to 28 lacs depending on the size of the flat and also the floor of the tower on which the flat is situated. There is a subsidy of 2.67 lacs available for first time buyers only.