Summary of Sector 29, Faridabad

Location and Connectivity

Sector 29 in Faridabad is a highly connected residential area. It sits in a prime spot with simple access to various amenities and services. Nearby are several key landmarks, such as John F. Kennedy Public School and Carewell Hospital, both within a 1 km radius.

Pricing of Properties

• The cost of buildings in Sector 29 is around Rs. 3,888 per square foot, with the typical price being Rs. 4,713 per square foot. The highest priced buildings can reach up to Rs. 5,252 per square foot.
• For specific property types, like upscale standalone floors, prices can hover around Rs. 7,560 per square foot. The whole price tag for a luxury 3.5 BHK unit can hit around Rs. 1.85 Cr.

Property Varieties

• Apartments and Flats: Available in configurations like 1 BHK, 3.5 BHK, and more. Properties can come either furnished or unfurnished based on listing.
• Standing Homes: Offers luxury builder-constructed floors with modern features like false ceilings, modular kitchens, and gas piping.
• Plots: Residential plots are on sale in places like Jadhunath Enclave, allowing builders to craft personalized homes. Plot prices fluctuate from 50 Lac to 80 Lac.

Amenities and Features

• The region offers a range of amenities including schools, hospitals, and other essential services.
• Properties typically include modern additions such as modular kitchens, LCD panels, closet space, and piped gas.
• Fully furnished rentals are also available with TV stand-ins, beds, and kitchen cabinets.

Rental Market

• For those looking to rent, options span fully furnished and unfurnished apartments. A 1 BHK flat’s rent averages about ₹ 9,500 a month, open for negotiation.

Market Prices

• In the past year, property rates in Sector 29 have slumped by 15.49%, making it likely a smart time to invest.
• The current price movement implies that buying or selling properties can be beneficially profitable given the market conditions.

Bank Loan Choices

• Loans are easily accessible from prominent banks such as SBI, HDFC, and ICICI, simplifying the path to purchasing.

PropertyWala’s Take

Sector 29 in Faridabad stands as a fantastic choice for both buyers and renters given its prime region, diverse property options, and modern amenities. With the market's price decrease in the last year, now seems a great moment to invest. Whether you are after apartments, standalone houses, or plots to construct your ideal house, Sector 29 provides several possibilities catering to various budgets and tastes. The neighborhood’s excellent connections and array of essential services further enhance its appeal, making it a suitable and attractive real estate destination.