Overview of Sector 77, Faridabad

Sector 77 in Faridabad has become an exciting residential area that combines social, commercial, and infrastructural perks, making it popular for both buyers and renters.

Location and Connectivity

• In the Greater Faridabad area, also known as Neharpar Faridabad.
• Close to sectors 76, 78, and 79, and the Agra Canal.
• Well-connected via the Main Bypass Road, providing travel access to eastern, northern, and central Faridabad.
• Public transport includes bus stops at 7-10 Chowk and Old Faridabad Bus Stop, and railway stations like Faridabad New Town and Ballabgarh.
• Indira Gandhi International Airport is about 42 km away, reachable via NH-2.

Property Prices and Trends

• Average Price per Sqft: Sector 77 average property prices sit around Rs. 4,791 per sqft, with a year-over-year increase of 4.08%.
• Price Range per Sqft: Prices range from Rs. 1,296 to Rs. 6,346 per sqft.
• Flat Prices:
  • 2 BHK flats: ₹43 Lac to ₹56.5 Lac.
  • 3 BHK flats: ₹54.5 Lac to ₹1.37 Cr.
  • 4 BHK flats: ₹58.4 Lac to ₹4.90 Cr.

Types of Properties

• Apartments: Available in 2, 3, and 4 BHK units, often ready to move in.
• Independent Floors: Available in various budget levels, offering a blend of comfort and style.

Amenities and Infrastructure

• Educational Institutions: Well-known schools like Delhi Public School and Narayana e-Techno School, as well as colleges like Aravali College.
• Healthcare: Hospitals like ESI Hospital and Krishana Hospital within a 5-km radius.
• Commercial Spaces: The BPTP Next Door Shopping Mall and other local markets offer necessary amenities.
• Community Facilities: Many projects provide parks, round-the-clock security, and recreational facilities.

Rental Market

• Average Rent: For 2-3 BHK apartments, the average monthly rent ranges between ₹10,000 and ₹12,000.
• Rent Examples: A 3 BHK flat in gated communities like KLJ Platinum Heights may rent for ₹26,500 to ₹50,000 monthly.

Development and Future Prospects

• Residential Projects: BPTP Limited and KLJ Group ongoing and upcoming projects are poised to boost the real estate market here.
• Infrastructure Development: Projects include the Badarpur-Faridabad Metro and new master roads, improving connectivity and investment appeal.

PropertyWala's Conclusion

Faridabad's Sector 77 provides a good chance for both buyers and renters with its balanced mix of residential, social, and commercial amenities. Its strategic location, upcoming infrastructure, and diverse property options make it an attractive choice. Meanwhile, future projects are expected to address current downsides like limited public transport and other commercial establishments. Overall, Sector 77 is set for significant growth, making it a smart investment choice in Faridabad.