Sector 48, Faridabad

sector 48 is a locality in the western part of Faridabad. the badhkal road, which goes alongside the western periphery of faridabad, also passes adjacently through this locality. it is a big and well-planned locality with multiple real estate options available for sale. 

the locality is in proximity to the purple line of the delhi metro rail corporation (dmrc).  the locality is divided into several pockets and blocks. there are schools, markets, hospitals, and parks in and around the locality, so the locality is doing well in terms of infrastructure.

3 bhk and 4 bhk are the common housing configurations in this area, and the prices can be reasonable as well as high depending on the property, so one can say that there is good variety in terms of real estate. some of the localities surrounding sector 48 are sector 21 on the northern side, Badkhal Village in the west, nehru colony in the south and gandhi colony on the east. the road quality and public transport facilities in the locality are also rated highly.

key highlights:

• the lalit suri hospital school and national institute of financial management library are situated on the premises of this locality.

• the locality is close to the lakhani armaan- neelam chowk ajronda and old faridabad metro stations on the purple line of dmrc.

• there are several temples and mosques in the locality. 

whats great?

• the badkhal lake is a scenic spot in this area, and it takes about 5 minute to reach there from the locality.

• the availability of metro services in close range helps residents to travel to other parts of ncr easily.

• there are good markets, schools, and hospitals around the locality.

whats not great?

• the locality is quite far from the central part of delhi, and the journey via road or even via metro is time-consuming.

• the locality faces traffic congestion during peak hours.

Watch out for?:

there is a lot of rush in this area as badhkal lake is a tourist spot. a few upcoming properties in this area could lead to an increase in real estate demand and thus improve the infrastructure even further.

property price rising factors:

• short term- the short-term factor could be the connectivity to ncr via the metro services and the luxurious new, ready to move in projects in the area that could increase the price of real estate in the locality.

• long term- the long term factor could be the expansion of ncr and population shift from the overcrowded central area of ncr, leading to an increase in the demand and pricing of real estate in this area.

other highlights:

social infrastructure

there are several schools, hospitals, markets, etc., in and around the locality, which ensures that the residents do not face much trouble in acquiring day to day commodities. the social infrastructure is good in this area, but there is quite some scope for improvement.

shopping complex and markets

several local shops and street vendors are spread throughout this big locality, with nearby markets like the harish market and gs bazaar. the metro mall faridabad is the nearest mall to the locality.

healthcare centres

some of the healthcare centres and hospitals in and around sector 48 locality in faridabad are:

• bhatia hospital

• abhinav hospital

connectivity and public transport

the locality is on the outskirts of ncr, so it faces some connectivity issues, especially in terms of road transport, as the journey to other parts of ncr is very time consuming, and there is a lot of traffic on the route at times. although the metro services have made things easier as the purple line passes through the central part of faridabad and the old faridabad metro station is just a few minutes away from the locality. other than the metro, local train lines also pass near the area, the faridabad railway station is also close by, and one can avail taxis and autos services.

schools, banks and fitness centres-

schools

some of the schools in and around the sector 48 locality are:

• blue bird senior secondary school

• vrinda international school

banks

some of the banks providing banking services to the residents of this locality are:

• indian bank

• axis bank

fitness centres

some of the fitness centres in and around the locality are:

• powermax fitness 

• pratham gym

popular landmarks-

institute of hotel management, national institute of financial management, parson temple, badkhal lake, sanskriti greens wedding ground and umar masjid are some of the popular landmarks around the sector 48 locality in faridabad.

micro market analysis:

• capital and rental trends- the price of a 3 bhk in this locality ranges from inr 35 lakhs to 1.3 crores, indicating a good variety in terms of real estate in the locality. the rent for a 3 bhk generally lies between inr 14,000 to 20,000.

• scope of growth- the infrastructure is good, but there is a lot of scope of improvement and growth as well. as new projects get constructed here, demand is likely to increase, and thus infrastructure will improve too.

• investment opportunities- there are a lot of real estate options available for sale at the moment in the locality. some of these can be good investment options, as the infrastructure in the locality can improve a lot in the near future, and real estate prices could increase due to population shift and inflation.