Sector 80, Faridabad Overview

Location and Nearby Areas

Sector 80 lies in the Neharpar region of Haryana. It's close to several sectors, including 85, 82, 14, 81, 75, and more. It’s near major cities like Delhi, Noida, and Gurgaon, making it very appealing for people looking to buy or rent homes.

Property Availability

• Types: Mostly multi-story apartments with some plots, commercial houses, and penthouses. About 95% are multi-story apartments.
• Projects: There are ongoing residential projects. Some key developers in the area are BPTP with projects like BPTP Discovery Park and BPTP Park Arena.

Price Range

• Buying Prices: Properties range from ₹20 lakhs to ₹80 lakhs with segments at ₹20-40 lakhs, ₹40-60 lakhs, and ₹60-80 lakhs. Average sq. ft price is ₹2,778 to ₹4,771.
• Rent Prices: Rent usually ranges between ₹5,000 to ₹15,000 per month. Most prefer 3BHK apartments over 2BHK and 4BHK.
• Plots: Available from ₹60 lakhs to ₹2.45 crores, depending on size and society.

Amenities and Infrastructure

• Shopping: Several malls like SRS Shopping Mall, City Centre, Parsvnath City, Fun City, Ozone Centre, and Pebbles are nearby.
• Education: Manav Rachna University, a leading Indian university, is also close by.
• Healthcare: VCare Multispecialist Hospital is within easy reach.
• Roads: The Faridabad Bypass road is nearby, enhancing easy travel to the main city and other localities.

Pros and Cons

Benefits

• Job Opportunities: Many companies such as Guru Nanak Industries, R K Packaging Industries, Escorts Ltd, and Lakhani Group are here.
• Residential Projects: Active real estate development with many new residential projects.
• City Proximity: Close to Delhi, Noida, and Gurgaon for diverse experiences and job opportunities.

Drawbacks

• Noise and Pollution: Many nearby industries lead to noise and pollution.

Key Points to Consider

Market Trends

• The average sq. ft property price is around ₹6,199, growing at a year-over-year increase of 10.6%. This is a growing market, potentially profitable for buyers and sellers.
• Prices per sq. ft range from ₹3,000 to ₹9,223, offering many options for investors and buyers.

Housing Choices

• Renters and buyers often favor 3BHK apartments over 2BHK and 4BHK.

PropertyWala’s Take

Sector 80 of Faridabad presents a good real estate opportunity with multi-story apartments, residential plots, and commercial properties. It offers excellent connectivity, modern amenities, and is close to major cities, making it attractive for living and investing. Despite nearby industry noise and pollution, the ongoing residential projects hint at a rising property value, making it a solid option for buying or renting in Faridabad.