The Importance of the Project :-
Faridabad has been a city with great potential since the past 40 year but never realized its true potential till recently. In the past 7 to 8 years the development has picked up pace and the city has seen some of the best developmental activity in decades. New sectors are being announced by the Government of the State and new real estate projects are being announced by the different construction companies active in Faridabad. The city is taking on a modern look with some excellent commercial and residential centers taking shape and opening up. The city has increased in size when one compares it with the size of the city few decades ago. There is a more modern transport system and new companies are starting to develop many new project of residential Flats and plotted colonies in the city. One of the companies starting construction is the Propex Group from Palwal with their plotted colony called the Propex City Plotted colony called the Propex city in sector 70 near the IMT of Faridabad. Its importance lies in the fact that it provides affordable residential plots in Faridabad to end users.
Propex City the Project :-
Propex city plots is their plotted project in Faridabad and offers affordable plots in Sector 70 Faridabad. These affordable plots in Faridabad are offered in various sizes between 80 sq. yards to 140 sq. yards under the scheme of the Dee Dayal Jan Awas Yojna of the Haryana government. These plots are all passed for construction of stilt plus 4 floors and are an ideal investment for builders interested in construction of builder floors and for friends or families with lesser budgets to buy their own homes. The project is spread out over 8 acres of land and contains 136 different sizes of plots.
Salient Features of the Project :-
The salient features of the project are as given below:-
The project is a walled and gated project and is located next to the IMT (Industrial Model Township) in Faridabad.
The project has plots even less than 100 square yards in size. This is the only walled project to have such small size plots.
Most of the plots are east and west facing and there is a huge amount of empty spaces left open in the walled project.
Location of the Project:-
Propex city plots are located in a sector which is accessible equally well by road and by public Transport system. Sector 70 is next to the IMT and from the Faridabad Delhi Border it is a 20-minute drive. Accessibility by road is by two major highways, the Bypass road and the main Delhi Mathura Road. It is equally accessible by the Delhi Metro Rail system and the nearest stations are at Good Year or Raja Nahar Singh station. It takes just ten minutes to reach sector 70 from these stations. The project has a hospital like the Sarvodaya hospital just about 5 to 10 minutes away in sector 8. This is a modern multi specialty hospital. There are also 16 of the best schools in the country in easy reach of five to ten minutes of the project to cater to the needs of the young kids in the project.
Amenities in the Project:-
When we talk about any closed gate project in these modern times these then include certain facilities for the welfare of these closed societies. There is manned security at the gate at all times and also CCTV Coverage. A rainwater harvesting system has been included. Parking is in front of each individual unit. There is going to be a garden with play facilities for kids. Garbage collection facilities will be provided and a commercial section will have shops which will constitute a market for that particular project and segment. Parking will either be under the stilts of the constructed structures or in front of the individual units. Paved Streets and street lighting will also be provided by the promoters.
The price of the Propex plots in Faridabad is in the range of 26 lacs to 46 lacs depending on the size of the plot and there is a subsidy available in the project under the DDJAY scheme.