Faridabad Sector 49 property market: An overview

[ecis2016.org] Sector 49 is an upcoming residential destination in Faridabad and is witnessing rapid development of social infrastructure, thus, making it a good investment destination

Sector 49 is surrounded by prominent localities of Faridabad like NIT 3, Pali Village, Sector 48, Sector 51 and Sector 21 D. Renowned builders that are coming up with major projects in the area include Achievers Builders, Astrum Homes, VP Spaces and Swatantra Group.

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Connectivity with nearby Faridabad Sector 49 localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

• The locality is served by the NH-2.
• The nearest railway station is the Faridabad railway station and Ballabgarh railway station, located at a distance of 7.2 and 13.1 kilometres, respectively.
• The nearest airport is the Indira Gandhi International Airport, which is situated at a distance of 37.5 kilometres from the locality.
• Sector 49 also lies close to Faridabad, NOIDA, Gurgaon and Delhi.

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Employment hubs near Faridabad Sector 49

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Sector 49 is witnessing an increase in its population in recent years, owing to its proximity to a number of IT hubs of:

• Delhi, which is located at a distance of 60 kilometres from the locality.
• Gurgaon, which is located at a distance of 35.4 kilometres from the locality.

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Schools in Faridabad Sector 49 and other social amenities

Sector 49 provides all kinds of social amenities to it its residents to help them lead a happy and peaceful life. This includes various schools and hospitals. The prominent educational institutes in the area include DAV Public School, Shantiniketan Public School, St John’s Public School, DAV Institute of Management, ESIC Medical College, National Institute of Financial Management, etc. The major health institutions dominating the locality include Navjeevan Hospital, Bhatia Hospital, Fortis Escorts Hospital, Sarvodaya Hospital, etc.

Further, the area also lies close to various banks and ATMs such as Allahabad Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, ICICI Bank and Oriental Bank.

Sector 49 also provides a number of recreational amenities to its residents. The popular shopping arcades lying near to the area include SRS Shopping Mall, Parsvnath City Mall and Achievers Center Point Mall.

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Price trends in Faridabad Sector 49

• Price appreciation in Sector 49 – Around 16.1% in the last 45 months.
• Current property rates in Sector 49 – Rs 3,926-Rs 5,050 per sq ft.

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Reasons to invest in Faridabad Sector 49

Sector 49 is a good investment destination since it offers good connectivity and rapidly-developing social infrastructure. The locality is home to numerous premium projects being built by leading developers. The price appreciation is also healthy here. Thus, there is huge scope for future growth of the locality.

Check Properties at Faridabad Sector 49

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle