Sector 86 in Faridabad

Location and Accessibility

• Sector 86 is situated in Neharpar, also referred to as Greater Faridabad, Haryana.
• It's about 25 km from Delhi and close to several major infrastructure hubs.
• Connections are available through the Neelam Chowk Ajronda metro station, Old Faridabad metro, Faridabad railway station, and the new Faridabad town railway station.
• The area is also near the Faridabad Bypass Road, Chennai-Delhi Highway, and Swami Vivekananda Marg, ensuring robust road connectivity.

Property Market and Trends

• The average property price in Sector 86 is ₹4,769 per square foot, with a YoY growth rate of 11.45%.
• Prices vary widely between ₹2,400 and ₹7,234 per square foot.
• Notable price hikes are seen in residential societies like Umang Summer Palms, Omaxe Heights, and Shiv Sai The Ozone Park, with apprizations of 20.9%, 17.0%, and 13.8% respectively.

Property Types

• There's a mix of affordable, mid-budget, and premium properties.
• Ready-to-move apartments such as 2-BHK and 3-BHK are common.
• Projects like Omaxe Heights and Umang Summer Palms are sought after for their amenities and rental yields.
• Residential plots in BPTP District 4 are also available, as part of an ongoing development.

Rental Prices

• Average rental prices range from ₹14,100 to ₹23,200 per month.
• Affordable options exist below ₹12,000/month, mid-range rents are ₹12,000 to ₹16,000/month, and premium options cost over ₹16,000/month.

Amenities and Facilities

• The neighborhood features amenities like power backup, restaurants/cafeterias, and maintained roads.
• Educational institutions such as The Modern School, Shirdi Sai Baba School, and DPS School are conveniently nearby.
• Healthcare facilities including Getwell Medicentre are also present.

Lifestyle and Environment

• People commend the excellent public transport, easy cab/auto availability, and markets within walking distance.
• Yet, there are some annoyances like frequent traffic jams and unscheduled power cuts, with poor waste management leading to roadside garbage piles.

Infrastructure and Developments

• Residents will soon enjoy upcoming enhancements like the underpass linking Sector 8 Faridabad to the Delhi-Mumbai Expressway, improving connectivity.
• Residents appreciate the maintenance of roads and cleanliness around.

PropertyWala's Summary

Sector 86, Faridabad, is a balanced choice for property buyers and renters due to its affordability, good connectivity, and amenities. Despite issues like traffic congestion and waste management, its developing infrastructure makes it an appealing option for both users and investors. The remarkable growth in property prices and rental yields in select societies further boosts its appeal. However, future buyers should weigh the present state of infrastructure and wait for full area maturity.