Sector 82, Faridabad

sector 82, Faridabad is a moderately significant and developing locality located towards the eastern part of the town of faridabad, considered as a part of the newly developed greater faridabad. the surrounding nearby localities are Sector 81 towards its west, sector 83 in the north, sector 85 in the east, and sector 79 in the south. the locality is considered budget-friendly as the price per sq. ft in this locality is low compared to even other parts of faridabad as it is a developing locality. the locality is clustered with houses that are not so lavish or luxurious as in other parts of faridabad, though there are some options regarding the same but its not a common choice in this locality, thus justifying the comparatively low prices. 

2 and 3 bhk is the common housing configuration in this locality. everything is available for the residents at close range from the locality, be it markets, banks, schools, parks, metro service, etc. there is an immense employment opportunity for residents of this locality as the corporate offices and several big industries are present at approximately 7-10 km from the locality, making it easy for them to commute.  

key highlights:

• the locality has a great variety of housing for people with different affordability. several options are budget-friendly, but there are also some limited options for luxurious and highly-priced houses.

• the bata chowk metro station is close to this locality.

• the lajpat nagar market of delhi is a prominent place in delhi that can be considered close to the locality.

what’s great

• the locality is well connected to delhi, gurgaon, and noida in terms of roadways.

• the purple line of delhi metro railway corporation passes through faridabad, and the bata chowk metro station on this line is quite close to the locality, thus making commuting to delhi quickly.

• the price of housing is lower than that in other parts of faridabad, there are several spacious and affordable upcoming properties in the locality that make it a great option for investment.

• there is good parking space in the locality.

what’s not great

• although metro and road connectivity to delhi is good, the distance and the long travel, especially for daily commuters, might be tiring.

• during winters, the air quality index takes quite a dip due to high pollution levels in the area.

• the roads are not that wide, thus leading to frequent congestion, especially during peak hours.

Watch out for?:

• good chances of getting a 3 bhk at a rent of inr 10,000 or even below in this locality, subject to negotiations.

• hectic travel life for those who have an office in central delhi.

property rising factors:

• short term- one of the short-term factors could be that the bata chowk metro station is quite close.

• long-term- one of the long-term factors could be the several upcoming projects in and around the area and the construction of the faridabad- greater noida expressway.

other highlights:

social infrastructure

sector 82, faridabad offers everything to its residents at close range of the locality, be it hospitals, schools, parks, shopping complexes, etc.

shopping complex and markets 

bihari market, sector 14, and sector 15 markets are prominent shopping complexes in close range, and there are several small shops within the locality itself. world street mall is the closest mall to the locality.

healthcare centres

healthcare centres near a locality have played a significant role in the popularity and demand for that locality. the healthcare centers near the locality are-

• arsh medicare and diagnostics

• metropolis healthcare ltd

• qrg health city

connectivity and public transport 

in terms of connectivity and transport,  there are well-established metro and bus services for people who have to travel to delhi, gurgaon, or noida. still, the problem is that these areas are at quite some distance from sector 82 and the daily journey is hectic. there are also several autos, taxis, and e-rickshaws offering services in the locality throughout the day.

schools, banks, and fitness centres

mother’s pride, shiv nadar school, and manaskriti school are some of the schools in the locality. icici bank, state bank of india, and axis bank are the banks that provide their services in this area. crossfit gym and 93 cross fitness gym are the fitness centers in this area.

popular landmarks

chandila chowk and bptp housing complex are a few of the landmarks for this locality.

micro market analysis:

capital and rental trends: a 3 bhk house in sector 82 lies in the range of inr 26 lakhs to slightly above 1 crore. the rent for the same lies in the range of inr 10,000 to 30,000.

scope of growth- there is immense growth in sector 82, faridabad, as several upcoming housing projects in and around this area and the connectivity to delhi, gurgaon, and noida are being improved.

investment opportunity- it is an excellent opportunity to invest in a property in the locality due to the rapid expansion of the metro and the ever-improving connectivity to therest of the national capital region (ncr).