The Haryana Government has recently given its nod to the long-awaited Faridabad-Noida-Ghaziabad (FNG) Expressway, a major step toward enhancing road connectivity across key NCR cities. Designed to streamline travel between Faridabad, Noida, and Ghaziabad, the expressway will significantly reduce travel time. The entire stretch, which currently takes about an hour, will be covered in just 30-45 minutes. Additionally, the project will improve connectivity between Gurgaon and Ghaziabad, cutting travel time from 2-3 hours to just 45 minutes.
With enhanced connectivity, housing demand in areas like Faridabad, Ghaziabad, and sectors along the nearby corridors is expected to surge, attracting homebuyers looking for well-connected residences. On the commercial front, the expressway will unlock new business districts, boosting demand for Grade-A office spaces and IT/ITeS hubs in Noida Expressway, Greater Noida, and Faridabad.
Commenting on the same, Mohit Goel, Managing Director, Omaxe Group, says, “Faridabad is on the brink of a real estate transformation and is emerging as a prime destination for both homebuyers and businesses. The city, being home to numerous companies and industries, currently sees thousands of people travel from various parts of NCR for work. Once ready, the expressway will effectively cut commute time from over an hour to just 30 minutes, easing congestion and driving economic growth. Further, its connection to Noida International Airport will benefit people in the region, attracting multinational corporations and large enterprises and significantly boosting economic activities and business travel. Hence, we believe this development will catalyze Faridabad’s growth, making it an investment-worthy market for both end-users and investors.”
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Faridabad is emerging as a prime real estate hotspot, with improved connectivity to Noida and Ghaziabad. In Siddharth Vihar (Ghaziabad), enhanced road infrastructure will attract homebuyers seeking affordable yet well-connected housing, with rising interest in luxury and high-rise apartments.
Prateek Tiwari, Managing Director, Prateek Group, says, “We believe the advent of FNG Expressway will catalyze Noida and Ghaziabad real estate growth across all segments. Micro-markets like Siddharth Vihar are already witnessing a surge in demand and will gain further traction as a premium residential hub. Meanwhile, Noida’s Sector 150, known for its luxury housing, will see heightened investor interest due to seamless connectivity and enhanced infrastructure.”
Noida Sector 150 is set to witness increased investor traction, as improved accessibility from Faridabad and Ghaziabad adds to its appeal. As per an Anarock report, the average property price in Sector 150 has more than doubled, rising from Rs 5,700 per square foot in late 2021 to Rs 13,000 per square foot by the end of 2024. Rentals have also climbed steeply, from Rs 16,000 to Rs 26,600 per month during the same period.
Salil Kumar, Director – Marketing and Business Management, CRC Group, says, “Connectivity has always been a key driver of Noida’s growth, and the FNG Expressway will further strengthen its real estate appeal. By enhancing accessibility, the corridor will fuel demand for both residential and commercial properties, particularly in high-potential areas like the Noida Expressway and the sectors along the corridor. Further, with seamless connectivity to Faridabad and Ghaziabad, these locations will witness increased investor interest and end-user demand.”
Moreover, every day, more than 100,000 people commute between Faridabad, Noida, and Ghaziabad for work and personal needs. The approval of the FNG Expressway, along with finalized plans and maps, is a significant milestone in streamlining their daily travel.
Sanjeev Arora, Director, 360 Realtors, says, “This corridor will unlock immense potential across Noida, Ghaziabad, and Faridabad, making them hotspots for housing, retail, and office spaces. We expect property values to rise over the next few years as demand surges. For investors and homebuyers, this is the time to keep an eye on these micro-markets. Thus, with seamless connectivity and rapid development, these areas are set to become prime choices for real estate growth in NCR.”
FNG Expressway is a catalyst for real estate growth across Faridabad, Ghaziabad, and Noida. By enhancing connectivity, the expressway will unlock new opportunities for homebuyers, businesses, and investors, making these micro-markets more desirable than ever.