Overview of Sector 78, Faridabad

Location and Connectivity

Sector 78 in Faridabad is part of the Greater Faridabad area, located around 25 km from Delhi. It is well-connected to other parts through major roads such as NH-19 and the Faridabad Bypass Road. Also, there are several metro stations nearby, specifically Bata Chowk, Sant Surdas Sihi, and Neelam Chowk Ajronda, within a range of 7-10 km.

Property Prices and Trends

The average price for apartments in Sector 78 stands at ₹4,900 per square foot, with a 25.6% price appreciation over the past year. You will find properties beginning at around ₹3,130 per sqft, which can fluctuate based on the source and specific property. Top-tier properties can soar as high as ₹12,222 per sqft, too.

Property Types and Availability

Sector 78 mainly features affordably priced residential apartments in 2 BHK and 3 BHK set-ups. There are over 158 properties to buy and 89 to rent available in the sector.

Key Developers and Projects

Leading developers in this region include Conscient Infrastructure, Omaxe Infratech, Era Infra, and Zion Promoters. Noteworthy projects include Conscient Habitat Residences, Omaxe New Heights, and ERA Redwood Residency, seeing remarkable growth annually.

Infrastructure and Amenities

• Education: Nearby schools, such as Modern Delhi Public School and Sudha Rustagi College Of Dental Sciences & Research are in the vicinity. The Shemrock Little Orchids 2 is also close by.
• Healthcare: Close by too are ARSH HOSPITAL, ANJULI NURSING HOME, and Sarvodaya Hospital Faridabad.
• Transportation: Reliable public transport is available here. Cabs and autos are easily accessible. Additionally, traffic jams are not a major problem.
• Shopping and Dining: There are local eateries, and bigger shopping destinations like SLF Mall are 11.7 km away.

Challenges and Concerns

• Water Supply: There’s a continuous struggle with water supply – shortages and sometimes poor water quality.
• Road Conditions: Many roads need repairs and often have potholes posing risks to daily commuters.
• Waste Management: The regular garbage piles from irregular waste collection are common issues.

Rental Insights

The typical monthly rental payments fall between ₹8,800 to ₹12,200. Affordable, mid-segment, and high-end rental property options are all available with popular societies like Conscient Habitat 78, Omaxe New Heights, and Omaxe Spa Village.

PropertyWala's Conclusion

The blend of affordability and connectivity in Sector 78 in Faridabad makes it a desirable location for buyers and renters alike. Despite ongoing development, infrastructure, and amenities, the area grapples with troubles like water supply, sub-standard road conditions, and poor waste management. To make a sound investment decision, potential buyers and renters should take these aspects into account. Strong year-over-year property value appreciation and the strong presence of prominent developers propose a promising real estate market in Sector 78, Faridabad.