Presently, many people work in Noida, Greater Noida, Ghaziabad or Faridabad, etc., but are not able to buy a space for living in these regions because of the exorbitant property prices. So they are pushed to stay far away at places where property prices are affordable and match their pocket swell.
Moreover, life becomes though for people who commute between their homes and areas such as Faridabad, Noida, Greater Noida, Ghaziabad, etc. Taking more than 1-2 hours daily, amid slow and rush hour traffic, they get stressed and tired just through the commute. Hence in such a situation, the new Faridabad-Noida-Ghaziabad Expressway is emerging as a saviour, and the corridor will be flagged off soon.
Thanks to this expressway, the commute time between these cities, such as Faridabad, Ghaziabad, Noida and Greater Noida will be reduced to a mere 30-40 minutes, which is less than half of the time taken currently. With this reduction in commute time and the roads becoming smoother, faster, and easier, people are becoming open to staying at areas close to this highway. This is something that property developers have noticed, which means that the surroundings of this expressway are about to become a veritable haven for homebuyers.
Property developers have started lapping up the lands to develop it into residential and commercial projects of various configurations and budgets. So homebuyers will then have a wider range of options to choose from and at very competitive prices too when more and more developers wake up to the potential of this area and come forward to invest into and develop these areas.
Reputed builders such as Wave Infratech have grabbed this opportunity and are developing its flagship project Wave City on NH – 24, Ghaziabad. Spread over a sprawling area of 4500 acres, Wave City is India’s largest self-sufficient Hi-Tech City. The city envelops residential and commercial projects with best in class amenities and facilities. Ready to book and move, one can plan to buy their dream home in Wave City and explore the benefits of leading a splendid life.
The FNG expressway is more than 56 kilometres long and is expected to extend further 20-25 kilometres into the Sohna Road, which means that the property prices and potential in these areas will further improve.
As of now, people staying in Faridabad have to pass through Delhi to reach Ghaziabad, leading to traffic jams and blocks on the NH-8. This situation will be resolved with the opening of the FNG Eway, which means people don’t have to go through Delhi anymore when they are working in Ghaziabad and staying in Faridabad or vice versa. Similarly, people residing in other areas such as Ghaziabad, Noida and Greater Noida will experience the ease of commuting via FNG E-way.
So whether it is for investment purposes, buying, selling, renting, or developing, the development of FNG Expressway is creating new property destinations in Delhi NCR.
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