[ecis2016.org] Sector 78, an area in Faridabad in the state of Haryana, is experiencing rapid real estate growth and development since past few years
With numerous ATMs, banks, supermarkets, departmental stores and grocery shops, along with facilities such as schools, hospitals and amusement parks in the locality, Sector 78 real estate in Faridabad has grown significantly in recent times. This has attracted several buyers and developers as well.
You are reading: Faridabad Sector 78 property market: An overview
Since the launch of the New Plot Scheme in 2015 by the Haryana Urban Development Authority (HUDA), this particular sector has started to expand even further. HUDA is offering approximately 526 plots in the area under the New Plot Scheme.
Further, some leading property builders are coming up with their projects in the locality, thereby, contributing to the development of the area. Sector 78 is also very well-connected to other areas of the city. Railway station and international airport are located at a distance of about 12 kilometres and 42 kilometres respectively.
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BMR Realtors and Omaxe are some of the reputed builders in Sector 78.
Connectivity with nearby Faridabad Sector 78 localities
- The distance betweenSector 78 and Old Faridabad railway station is only 12 kilometres.
- Indira Gandhi International Airport is situated at a distance of only 4 kilometres from the area.
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Tender Heart NGO and Emerald Convent School are some of the well-known schools in Faridabad Sector 78. Leading hospitals in Faridabad Sector 78 include the Arsh Hospital and Arsh Medicare Centre and Medical Store. Also, there are places of recreation and entertainment in the area such as the BPTP Next Door Shopping Mall, etc.
Price trends in Faridabad Sector 78
- Current property rates – Rs 2,820-Rs 4,111 per sq ft.
Reasons to invest in Faridabad Sector 78
Availability of flats in Faridabad Sector 78 at affordable prices and good connectivity are some of the key factors that are leading to the growth of the area as a residential hub. With immense potential for quality infrastructure and public utility services, this particular sector is attracting good numbers of home buyers. However, Sector 78 faces some basic problems such as inadequate transportation links and social infrastructure. Thus, this area needs to be brought under close scrutiny of the authorities which can ensure its better development in the future. Overall, a few improvements can certainly boost the real estate market in the locality.
Check Properties at Faridabad Sector 78
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
