Lifestyle

Sector 70 Property Market: An Overview

[ecis2016.org] Sector 70 is a prime employment hub and an emerging residential location amidst the many sectors of Gurgaon, located about 49km Southwest of Delhi.

Sector 70 is one of the many popular and leading localities of the many planned sectors of Gurgaon.

You are reading: Sector 70 Property Market: An Overview

The reason for this is that Sector 70 is strategically situated amidst the leading financial and

industrial centre of Gurgaon and Delhi NCR. It is located approximately 49 km southwest of Delhi. In

recent years, there have been numerous residential and commercial ventures by many reputed

builders while several multinational corporations have set up their offices in this area. Gurgaon has

witnessed rapid urbanisation in the past few decades. What was once a village with some

manufacturing industries and factories has now been transformed into a well-planned and robust

township with all sorts of infrastructural development. This in turn has led to a significant increase in

real estate prices and demand for residential as well as commercial spaces in Sector 70.

Connectivity with nearby Sector 70 localities:

Sector 70 is a well-connected neighbourhood. Being a commercial and residential hub, it assures

seamless connectivity via both road and railways.

 The Haryana Roadways provides bus connectivity to different cities of Haryana, Delhi, Uttar

Pradesh, Rajasthan and Chandigarh

 NH8 is a major highway connecting Delhi to Mumbai and Sector 70 is located along this

Highway

 The closest railway station is located 14km connected via Sohna Road

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 The major railway station, Nizamuddin Railway Station is located 42 km away (via NH8)

 The Huda City Center is the nearest metro station, located 13km away that connects Sector

70 to Delhi and nearby sectors

 Indira Gandhi International Airport is located 24 km away

Employment hubs near Sector 70:

Sector 70 enjoys a strategic location being located only 49 km away from the Delhi NCR.

Additionally, this area has also emerged as a major employment hub for surrounding sectors with

several multinational giants having set up offices here. Some of the leading companies functioning in

and around the vicinity include –

 HCL Technologies Ltd.

 Oracle India Pvt. Ltd.

 Videocon Industries Ltd.

Schools in Sector 70 and other social amenities:

Sector 70 is home to several reputed educational institutions. Some of these include –

 Indus World School

 GD Goenka Public School

 Ryan International School

Reputed and reliable healthcare services are provided by the following hospitals in sector 70 –

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 Fortis Memorial Research Institute

 Medanta Hospital

Major banks functioning in Sector 70 include –

 State Bank of India

 Indusind Bank

Residents living in and around Sector 70 in Gurgaon have several recreational facilities and access to

some popular shopping hubs like the Eros City Square Mall and City Centre. Tourist attractions

around Sector 70 are Tau Devi Lal Bio Diversity Park, Country Club, 32 nd Milestone, Kingdom of

Dreams and Citizen Park.

Price trends in Sector 70:

In the last 45 months, real estate in Sector 70 has witnessed a 9.5 percent growth. The minimum

and maximum prices of apartments in Sector 70 are estimated to range between Rs.7833 per sq. ft.

to Rs.11290 per sq. ft. Average unit sizes of flats in Sector 70 range between 925 and 4500 sq. ft.

Reasons to invest in Sector 70:

There are several reputed builders in Sector 70 who have launched their projects in sector 70 in

recent years. Some of these builders include Tulip Infratech, Krrish Group, Unitech, GPL and Shree

Vardhman to name a few.

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

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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