Sector 56 Property Market: An Overview

[ecis2016.org] Sector 56 is a fast developing and prime residential neighbourhood of Gurgaon well connected to different places of Gurgaon and Delhi NCR.

Sector 56 is a residential neighbourhood of Gurgaon in Haryana. The suburbs of Delhi and which was

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once a village with many manufacturing units and factories have now transformed into an emerging

destination of real estate activity. Sector 56 is flanked by the Golf Course Extension Road in the

South and the Tau Devi Lal Biodiversity Park in the North. There several educational institutions and

hospitals with a lot of infrastructural development which have helped Sector 56 become a fully

equipped and well-appointed residential neighbourhood. Sector 56 is surrounded by nearby

neighbourhoods of Sector 50, Sector 5+9, 60, 45, 52, Haiderpur Sector 58 and Ghata Sector 65.

Connectivity with nearby Sector 56 localities:

Sector 56 is very well-connected most surrounding neighbourhoods and key areas of New Delhi and

Gurgaon via roads. The Netaji Subhash Marg connects Sector 56 to the Delhi Expressway and the

Golf Course Extension Road which in turn is connected to the Sohna Road.

 There are many city buses servicing the locality with the nearest stops of Sector 56 being

Plaza, Genpact and Shuttle.

 The Metro services also offer seamless connectivity and the nearest metro station, Huda City

Centre Metro is located a mere 15 minutes away.

 The nearest railway station is 14.1 km away. Hazrat Nizamuddin Station which is a major

station is located 32.3 km away

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 Indira Gandhi International Airport is located 18.4 km away.

Employment hubs near Sector 56:

Gurgaon has emerged as an IT and employment hub being a source of employment for a majority of

its residents. Seamless connectivity between the different sectors ensures that all employment hubs

are easily accessible via road and public transport. Sectors 50, 57 and 63 are nearby employment

hubs.

Schools in Sector 56 and other social amenities:

There are numerous private educational institutions in Sector 56 which offer quality education to its

students. Popular schools and colleges in Sector 56 include –

 Scottish High International School

 Shalom Presidency School

 Gurugram Public School

 ILM Institute for Business Management

 AIT Engineering Institute

Some of the well-known and reliable healthcare facilities and hospitals in Sector 56 are –

 Artemis Health Institute

 Apollo Clinic

 Indian Health Consultants

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Some reputed banks have their branches here such as –

 Indian Overseas Bank

 State Bank of India

 Bank of Maharashtra

Sector 56 offers ample recreational opportunities to its residents and options for shopping at the

Metro World Mall, Hong Kong Bazaar and Central Square. Moksha Himalaya Spa and Resort, Huda

Park and Tau Devi Lal Bio Diversity Park are some of the recreational centres in the area.

Price trends in Sector 56:

Sector 56 has emerged as one of the prime locations amongst the many sectors being developed

and undergoing this rapid transformation. This has also influenced trends in real estate in sector 56.

The average built up area of flats in Sector 56 have been estimated to range between 490 sq. ft. to

2691 sq. ft. Average prices for apartments in Sector 56are around Rs.6300 per sq. ft.

Reasons to invest in Sector 56:

There are several reputed builders in Sector 56 currently developing their projects here such as

Ansal Buildwell, CGHS Group, Omaxe etc. Real Estate trends reveal significant price appreciation in

recent months and are expected to go up further in the coming years thus making Sector 56 a good

location to invest in property.

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Category: Lifestyle