[ecis2016.org] Palam Vihar is a sought after locality of Gurgaon that is renowned for offering comfortable living conditions and affordable homes
Palam Vihar is located in proximity to developed areas, such as Sector 26 Dwarka, Sector 105, Sector 106, Sector 109, Sector 110, Sector 111, Sector 112, Sector 113, Sector 114 and Sector 14.
You are reading: Palam Vihar property market: An overview
Connectivity with nearby Palam Vihar 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.
- Palam Vihar enjoys unimpeded connectivity to popular localities of Dharam Colony (1 kilometre), Ashok Vihar Extn (1.6 kilometres), Sector 111 (1.6 kilometres), Sector 112 Gurgaon (2.2 kilometres), Sector 109 (2.5 kilometres), Old Gurgaon (4.1 kilometres) and Gurgaon District (16 kilometres).
- The area is served by the National Highway 8 (Delhi-Jaipur Highway) and NH-8A (Dwarka Expressway).
- The nearest railway station is the Gurgaon railway station which is situated at a distance of 6.3 kilometres from the locality.
- The nearest airport is Indira Gandhi International Airport, which is 15.2 kilometers from the locality.
Employment hubs near Palam Vihar
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The locality is witnessing an increase in the population in the recent years, owing to its proximity to various commercial complexes in and near Palam Vihar, such as:
- Ansal Plaza
- Palam Triangle
- Palam Vyapar Kendra
Palam Vihar provides its residents with all kinds of social amenities to live a happy and peaceful life. They include various schools and hospitals. Jai Vision Public School, New Cambridge Public School, Government Primary School, Amity School of Engineering and Technology, Gems International School and many more, are the renowned educational institutions of Palam Vihar.
The major hospitals in Palam Vihar include Mata Sheetla Hospital and Maternity Centre, Dhanwantri Hospital, Sarvesh Medical Center, Deepan Hospital and Miracles – Fertility & IVF Clinic.
Apart from these, it also provides recreational amenities and proximity to various banks and ATMs, including HDFC Bank, Andhra Bank, Axis Bank and Bank of Maharashtra.
Price trends in Palam Vihar
- Price appreciation in Palam Vihar – Around 21.8% in last 2 years.
- Current property rates in Palam Vihar – Rs 6,131-Rs 8,771 per sq ft.
Reasons to invest in Palam Vihar
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Palam Vihar has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The rise in property pricing and demand in the last couple of years, make investing in Palam Vihar lucrative. Presence of commercial hubs in and around the locality, make Palam Vihar a preferred working as well as residential destination of NCR.
Projects like Ompee Homes 15, Ompee Happy Homes and HUDA Builder Plot Sec 23A, are among the best projects to invest in Palam Vihar. These big-ticket projects are sure to make Palam Vihar a coveted residential destination.
Check properties in Palam Vihar
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Source: https://ecis2016.org
Category: Lifestyle
