Lifestyle

Sector 49 Property Market: An Overview

[ecis2016.org] Sector 49 is an upcoming residential destination in Faridabad and makes for a good investment prospect. The area is also witnessing rapid development of social infrastructure.

Sector 49 remain surrounded by other 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, Astrum Homes, VP Space and Swatantra.

Connectivity with nearby 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.

 This locality is served by the National Highway 2

 The nearest railway station is the Faridabad Railway Station and the Ballabgarh

railway Stations which are located at distances of 7.2 and 13.1 kilometres,

respectively, from the locality.

 The nearest airports include – the Indira Gandhi International Airport which is

situated at a distance of 37.5 kilometres from the locality.

 Sector 49 enjoys close proximity to the cities of Faridabad , NOIDA , Gurgaon and

Delhi.

Employment hubs near Sector 49:

The locality is witnessing an increase in the population in the 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)

Schools in Sector 49 and social amenities:

Sector 49 provides its residents with all kinds of social amenities to live a happy and peaceful

life. They include various schools and hospitals.

 DAV Public School

 Shantiniketan Public School

 St. John’s Public School

 DAV Institute of Management

 ESIC Medical College

 National Institute of Financial Management and many more enjoy being the best

educational institutions of Sector 49.

Of the social amenities provided by Sector 49 the major health institution dominating the

locality includes –

 Navjeevan Hospital

 Bhatia Hospital

 ESIC Medical College

 Fortis Escorts Hospital

 Sarvodaya Hospital

Apart from these it also provides the luxury of enjoying recreational amenities and proximity

to various banks and ATMs, including –

 Allahabad Bank

 HDFC Bank

 Axis Bank

 Kotak Mahindra Bank

 ICICI Bank

 Oriental Bank

Sector 49 also provides its residents with a number of recreational amenities, of which the

popular shopping arcades include –

 SRS Shopping Mall

 Parsvnath City Mall

 Achievers Center Point Mall

Price Trends in Sector 49:

 Price Appreciation in Sector 49 – around 16.1% in last 45 months

 Current property rates in Sector 49: INR 3,926–INR 5,050 per sq. ft.

Reasons to invest in Sector 49:

Sector 49 is a good investment prospect since it offers good connectivity and also rapidly

developing social infrastructure. The locality is home to numerous premium projects being

built by leading developers. There is scope for future growth and price appreciation is also

healthy here.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Debora Berti

Università degli Studi di Firenze, IT

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