[ecis2016.org] Sainik Colony is witnessing tremendous growth in recent times. The area is dotted with several projects and there is huge scope for real estate growth in future
Sainik Colony real estate market is growing fast and the area is considered as one of the most sought-after destinations among property buyers. This is due to the presence of various well-known schools and colleges like Manav Rachna Educational College, Aravali International School and Modern Vidya Niketan, to name a few, along with the presence of some renowned hospitals such as Fortis Medical & Research Center, Sunflag Hospital and Sarvodaya Hospital, prominent fitness clubs, shopping malls and multiplexes that are located in and around this region.
You are reading: Sainik Colony property market: An overview
Besides being close to some significant railway stations, Sainik Colony also enjoys proximity with the international airport. The region has immense scope for development, taking into consideration the various significant upcoming residential projects that are under-construction or are on the verge of completion. Some leading builders in Sainik Colony include Indraprastha Properties and VP Builders & Developers.
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Connectivity with nearby Sainik Colony localities
Read also : Fortis case: Have written to HUDA to cancel land lease, says health minister
Read also : Bombay HC raps MHADA for inaction against builder, over lacunae in redevelopment
- Indira Gandhi International Airport, connecting the area with other parts of the country and countries abroad, is situated at a distance of 5kilometres from the area and it takes approximately 50 minutes to travel there via Gurgaon.
- The Nizamuddin railway stationis also located at a distance of 25 kilometres only.
- It takesabout 16 minutes to reach Badarpur Metro Station from the area.
Read also : Fortis case: Have written to HUDA to cancel land lease, says health minister
Read also : Bombay HC raps MHADA for inaction against builder, over lacunae in redevelopment
Read also : Fortis case: Have written to HUDA to cancel land lease, says health minister
Read also : Bombay HC raps MHADA for inaction against builder, over lacunae in redevelopment
DAV Public School and Shanti Niketan Public School are some of the reputed schools in Sainik Colony area. Well-known hospitals in Sainik Colony area include Om Clinic and Navjeevan Hospital. Badkal Lake, Surajkund and Leisure Valley Park, shopping mall such as Crown Plaza, SRS Multiplex, gyms and fitness units such as Gymkhana Club and Bharatiya Yog Sansthan are some of the notable recreational spots in nearby Sainik Colony localities.
Read also : Fortis case: Have written to HUDA to cancel land lease, says health minister
Read also : Bombay HC raps MHADA for inaction against builder, over lacunae in redevelopment
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Price trends in Sainik Colony
- Current property rates—Rs 3,033-Rs 4,712 per sq ft.
- Rental rates—Rs 8-Rs 12 per sq ft.
Read also : Fortis case: Have written to HUDA to cancel land lease, says health minister
Read also : Bombay HC raps MHADA for inaction against builder, over lacunae in redevelopment
Read also : Fortis case: Have written to HUDA to cancel land lease, says health minister
Read also : Bombay HC raps MHADA for inaction against builder, over lacunae in redevelopment
Reasons to invest in Sainik Colony
Considering the price trends in Sainik Colony and other facilities, the area is experiencing a tremendous surge in real estate demand. Several residential projects are being built by leading developers and builders in the area.
Overall, Sainik Colony has good transportation and commuting facilities along with various other amenities, which are attracting property buyers to the area. However, water scarcity is a major complaint by the residents here. So, the authorities need to take required steps and ensure good growth of the area in future.
Check Properties at Sainik Colony
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Source: https://ecis2016.org
Category: Lifestyle
