Overview of Sector 70, Faridabad

Location and Connectivity

Sector 70 sits in the Neharpar area of Faridabad’s Smart City, forming part of a fast-growing residential area. The sector is well-placed near industrial zones like Ballabgarh Sector 4 just 6 km away on Gurgaon Canal Road. It also enjoys solid connections via public transport and is near important workplaces.

Property Types and Pricing

• Apartment Costs: The average price per square foot in Sector 70 is roughly ₹4,515, with prices ranging from ₹1,574 to ₹6,160 per sq ft.
• Property Options:
  • 1 BHK: ₹5,800 - 8,500 (428-625 sq.ft.)
  • 1.5 BHK: ₹5,800 - 7,100 (425-520 sq.ft.)
  • 2 BHK: ₹7,200 - 11,700 (529-859 sq.ft.)
  • 2.5 BHK: ₹17,200 (1265 sq.ft.)
  • 3 BHK: ₹8,500 - 12,000 (629-883 sq.ft.)
  • 3.5 BHK: ₹24,600 (1815 sq.ft.)
  • 4 BHK: ₹18,800 - 24,600 (1385-1815 sq.ft.)

Demand and Supply

• Demand:
  • Apartments: 88%
  • Builder Floors: 1%
  • Plots: 5%
  • 2 BHK: 46%, 3 BHK: 34%, 4 BHK: 2%.
• Supply:
  • Apartments: 93%
  • Builder Floors: 1%
  • Plots: 3%
  • Below 50 L: 63%, 50 L - 2 Cr.: 35%.

Amenities and Infrastructure

• Schools: Many schools nearby include Faridabad Convent School, D.A.V PUBLIC SCHOOL, and Vidayasagar International School.
• Hospitals: Hospitals such as Urocare Apolo, R.C.H. Government, and Bhavya Kalyani are around.
• Shopping and Leisure: Nearby malls, supermarkets like Punjab Super Mart and Easyday Club, and various restaurants.
• Fitness Centers: Gyms offer options such as AKHADA THE GYM, GOLDY ONE GYM, and Persona Prime Gym.
• Transport: Easily accessible with bus stops like Mujeri Mod Mirzapur Sector 74 and NTPC Chowk.

Rental Market

• Sector 70 has a top rental yield around 4.3% in Faridabad.
• Monthly rentals for an apartment like the one at Ansal Royal Heritage can run to ₹16,000.

Development and Growth

• The sector is turning into a big residential zone focused on cost-effective and mid-range housing.
• Projects like MGH Mulberry County, Ansal Royal Heritage, Agrasain Aagman, and Ferrous Megapolis are being developed by respected builders.

PropertyWala's Conclusion

Sector 70, Faridabad, is a strong option for buyers and renters because of its strategic location, strong infrastructure, and great amenities. It has a good mix of residential, commercial, and green areas along with top-notch connections, making it an appealing choice. With chances for growth and a solid rental yield, Sector 70 stands out as a great place for those looking to invest or live in a lively and active community. However, be sure to watch price trends and market conditions for a wise decision.