Sector 2, Faridabad

sector 2 Faridabad is an upmarket residential locality in faridabad city. it belongs to the division of gurgaon. the pin- code of this locality is 121004. an excellent network of roads surrounds the prominent residential area. it has access to some efficient nearby localities like ballabhgarh, mathura road, sector 3, sector 4, bhudutt colony, and 36 guj colony. the locality is well -connected to few nearby cities like noida, greater noida, and palwal. 

sector 2 is an abundant locality with luxurious apartments, residential plots, residential houses, builder floor apartments, and sumptuous 3bhk and 4bhk. presently there are 25 properties up for sale and approximately 7 properties for rent. the average price per square foot in the area is rs3310. in this locality, 40% of the property for sale lie in the range of 60 lacs to 80 lacs, whereas 16% of properties range from 40 lacs to 60 lacs. 69% property for sale is a configuration of 3 bhk, being the most common one. 44% of the property is a multistorey apartment, posted by individuals. some eminent builders nearby are pivotal infrastructure pvt ltd and mg housing. pvt ltd.

key highlights

• excellent connectivity to noida and greater noida.

• houses all property types, including apartments, residential plots, residential houses, and builder floor apartments.

whats great?

• ample parking space.

• well-developed and clean roads.

• eminent schools are nearby.

whats not great?

• not many hospitals are around.

• restaurants are on a little lesser side.

Watch out for?

• kalindi – kunj by-pass project notifies as nh148, aims at providing an alternate faster route between delhi and ballabgarh and to ease traffic congestion

• 75m extensive road link to connect the eastern peripheral expressway.

property price rising factor

short term

• expecting residential expansion and offering possession in completed projects.

• excellent connectivity to noida and greater noida

long term

• anticipated commercial expansion

• the metro rails along delhi- mathura road come up to ballabhgarh.

other highlights

social infrastructure

sector 2 faridabad area supports a well-built network of roads and metro rail that connect across significant parts of faridabad and noida. the area has a high livability index, with all renowned schools present in the vicinity, ample parking space, excellent connectivity, and safe and clean roads.

shopping complex and markets

• globus india, tirkha colony sector 2, faridabad

• westside faridabad

• modicare bazar, ballabhgarh, faridabad

• peter england, faridabad

• k. mega mart, ballabhgarh, faridabad

health care centers

• urocare apollo hospital, best hospital in faridabad

• bodhi devi memorial hospital and surgery center, sector 2 faridabad.

• mittal eye and maternity hospital

• prakash hospital

• sms multispeciality hospital

connectivity and public transport

• the adjacent railway stations to sector 2 are ballabh garh railway station and Faridabad New Town railway station. several buses run from sector 2 to different parts of the city. few of the accessible bus stops are sector 2/3 bus station, jalghar mod (3/4 chowk) bus station, bypass tigaon mod bus station, sector 4/6 bus station. raja nahar singh (ballabhgarh) is the closest metro station to the area.

schools, bank, and fitness centers

schools in this area:

• vidyasagar international school, sector 2 faridabad

• kundan green valley school, kundan colony sector 2, faridabad.

• aadharshila public school, tirkha colony, sector 2, faridabad

• software training institute, ballabhgarg faridabad

banks in this area:

• bank of baroda, huda market, sector 2, faridabad.

• state bank of india, plot no 11, sector 2 faridabad

• canara bank, huda market, ballabhgarh, faridabad

• kotak mahindra bank, ballabhgarh, faridabad

• hdfc bank, ballabhgarh, faridabad

• corporation bank, ballabhgarh, faridabad

prominent atms for all nearby banks

• state bank of india atm

• axis bank atm

• canara bank atm

• icici bank atm

• hdfc bank atm

• yes bank atm

• bank of baroda atm

fitness centers

• olympia unisex gym

• persona prime gym

• magical fitness center

• fitness hub gym

popular landmarks near locality

• pipal tree sector 2

• raja nahar singh palace

• main huda park

• sector 2 park

• triangle park

micro market analysis

capital and rental trends

• the locality has witnessed a spike of 1.4% from oct-dec 20 quarter to jan -mar 21 quarter. its proximity to a prominent location of mncs and corporate houses, i.e., noida and greater noida, has led to the rise in price.

• starting price of properties in sector 2 is rs 1920 per square feet, the average price is rs. 3310 per square feet, whereas the highest price is rs. 7729 per square feet. an average price for a 3 bhk on sale is 48 lacs to 90 lacs, whereas the price of a 4 bhk on sale is 80 lacs to 1.50 crores.

• for rental trends, the rent of an average 2 bhk is 6000- 14000, while the rent for a three-bedroom flat is 13,500 to 25,000.

scope of growth

sector 2 faridabad is a well-connected locality with enhanced connectivity to noida and greater noida and a well-developed social and civic infrastructure. sector 2 has been rated best on parking, neighborhood, environment, commuting, and places of interest. 

investment opportunities

it is the best time for investment as an economic boom is in the air. it is the industrial hub of haryana and is considered the safest place to live in ncr. it is turning into an economic warehouse with improving infrastructure. faridabad has been rated as the city of decade 2011-2021.