Faridabad Real Estate: Once known primarily as an industrial centre, Faridabad is undergoing a transformation in its urban and real-estate profile. Improved road connectivity, expanding. Experts said that Faridabad’s relatively lower prices and established industrial base could attract buyers seeking alternatives to costlier NCR markets. Long overshadowed by Gurugram and Noida, Faridabad is emerging as a strong contender in the National Capital Region's residential market, aided by improving connectivity, a diversified industrial.