sector 88 is a residential township located in greater Faridabad in haryana. sector 88 is located adjacent to Sector 85 and sector 86. there locality is right net to a main road which provides a direct route to main city of delhi without any hassles.
there are many hospitals in the vicinity with asian fields multispecialty hospital being the prominent one.
on an average a 2 bhk flat sells in a price bracket of 1,080 to 67,000 per sq. ft, while 34 % of the cost for a 3 bhk apartment goes up to 1.25 cr and above. many independent row houses are being constructed nowadays at an affordable prices.
key highlights:
better connectivity to faridabad main city and to delhi via main road.
upcoming integrated township with developed infrastructure.
whats great?
high social amenities with modern facilities.
better connectivity to major cities and localities through main road.
not much water scarcity or electricity issues are observed as the locality is very close to faridabad main city.
the location is surrounded by lush greenery ranging from small gardens to trees on the roads.
whats not great?
being very close to faridabad main city, sometimes traffic congestion is observed mostly during peak hours.
schools are a bit far, not much good options available at a walking distance.
street shopping is bit costly as compared to other parts of the city.
Watch out for?:
sector 88 is catching eyes of many new industries as the prices for the locality is still pretty cheap.
with the construction of 2000 bed amrita institute of medical hospital for covid 19 patients, many people are coming in this locality, thus boosting the economy of small businesses.
property rising factor:
short term - road expansion for better connectivity to main road to ease congestion. the location is considered to be next prime location in faridabad.
long term - with the construction of jumbo hospital, many hospital staff and patients are looking for rented flats and villas, creating a spike in the real estate market. the kheri road expansion project is set to kick off this year, making it more ideal place to invest in.
other highlights:
social infrastructure –
sector 88 is now called a prime spot as it offers good connectivity to faridabad main city. there are many few parks and schools opening up with modern facilities.
shopping complexes & markets -
sneha general store
rps arcade shopping mall
aastha home décor
annapurna retail bazaar
pt. dharamveer complex
health care centres -
medical sathi – family clinic
your`s health first consultation clinic
leelawati clinic
reliwellness healthcare clinic
asian fidelis multi speciality hospital
connectivity and public transport -
manav rachna – badkal mor subway station
safdarjung airport
jheer khore temple bus stop
indira gandhi international airport
schools, banks and fitness centres –
schools:
srs international school
disis high school faridabad
k r mangalam world school
delhi scholars international school
st peter`s convent school
banks:
bank of india
hsbc bank
icici bank
state bank of india
central bank of india
fitness centres:
absolute plus unisex gym
fitness gym
titans unisex gym
leisure valley park
raja nahar singh palace
indira gandhi memorial museum
sultanpur national park
micro market analysis:
capital and rental trends - property price trend analysis have is showing an exponential graph for sector 88 with no sign of stoppage in the near future. this could be mainly due to kheri road expansion project and for the construction of jumbo hospital. 2 bhk apartment would easily fetch around 45 lakhs to 80 lakhs depending upon the facilities provided. row houses which are newly constructed are fetching atleast 30 lakhs with basic features.
scope of growth - with better roadways and more people coming into the town, the price is expected to grow at a good pace. since the locality is has good connectivity to faridabad main city and delhi through direct route, the potential growth is unlimited.
investment opportunities - price trend analysis for sector 88 suggest buying a 2 bhk apartment or an independent villa as a long term option and holding them or renting it our for good return on investment (roi)
Sales Transactions |
71 |
Gross Sales Value |
₹ 34 Cr. |
Current Rate/Sq.ft |
₹ 4,371 |
Rental Rate/Sq.Ft |
₹ 13.954 |
Configurations | Area Range(in Sq.Ft.) | Price Range |
---|---|---|
1 BHK | 454-460 | ₹ 7,000 - 7,100 |
2 BHK | 593-1100 | ₹ 9,200 - 17,000 |
2.5 BHK | 1303-1390 | ₹ 20,100 - 21,500 |
3 BHK | 850-1565 | ₹ 13,100 - 24,200 |
3.5 BHK | 1791-1862 | ₹ 27,600 - 28,700 |
4 BHK | 1784-2360 | ₹ 27,500 - 36,400 |
5 BHK | 2360-2360 | ₹ 36,400 - 36,400 |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
RPS Palm Drive | 23 | ₹ 5,381 | +₹ 401 |
RPS Auria | 14 | ₹ 4,489 | -₹ 46 |
Emerald Heights | 6 | ₹ 3,652 | +₹ 22 |
Amolik Heights | 2 | ₹ 4,606 | -₹ 15 |
Emerald Anmol | 1 | ₹ 4,935 | - |
RPS City | 1 | ₹ 4,795 | - |
Project | Sale Value | Current Price | Price Change |
---|---|---|---|
RPS Auria | ₹ 10 Cr. | ₹ 4,489 | -₹ 46 |
RPS Palm Drive | ₹ 9 Cr. | ₹ 5,381 | +₹ 401 |
Emerald Heights | ₹ 3 Cr. | ₹ 3,652 | +₹ 22 |
RPS City | ₹ 1 Cr. | ₹ 4,795 | - |
Amolik Heights | ₹ 1 Cr. | ₹ 4,606 | -₹ 15 |
Emerald Anmol | ₹ 1 Cr. | ₹ 4,935 | - |
Developer Name | Transactions |
---|---|
RPS Group | 55 |
Emerald Homedevelopers | 6 |
SRS Group | 4 |
BPTP | 2 |
Amolik Group | 2 |
Anmol Housing | 1 |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
RPS Palm Drive | 23 | ₹ 5,381 | +₹ 401 |
Emerald Heights | 6 | ₹ 3,652 | +₹ 22 |
RPS Auria | 14 | ₹ 4,489 | -₹ 46 |
Project | Gross Value |
---|---|
RPS Auria | ₹ 1 Cr. |
RPS City | ₹ 1 Cr. |
RPS Palm Drive | ₹ 1 Cr. |
Emerald Heights | ₹ 1 Cr. |
Emerald Anmol | ₹ 1 Cr. |
Amolik Heights | ₹ 1 Cr. |
Project | Current Price |
---|---|
RPS Palm Drive | ₹ 5,381 |
Amolik Heights | ₹ 4,606 |
RPS Auria | ₹ 4,489 |
The Grand Retreat | ₹ 3,726 |
Emerald Heights | ₹ 3,652 |
Property Type |
Enquiries |
|
---|---|---|
Apartment
|
47%
|
|
Builder Floor
|
43%
|
|
Independent House
|
2%
|
|
Plot
|
1%
|
|
Villa
|
3%
|
BHK |
Enquiries |
|
---|---|---|
1 BHK
|
3%
|
|
1.5 BHK
|
1%
|
|
2 BHK
|
35%
|
|
2.5 BHK
|
4%
|
|
3 BHK
|
35%
|
|
3.5 BHK
|
6%
|
|
4 BHK
|
9%
|
|
5 BHK
|
1%
|
|
Budget |
Enquiries |
|
---|---|---|
Below 50 L
|
29%
|
|
50 L - 2 Cr.
|
68%
|
|
2 Cr. - 5 Cr.
|
1%
|
Property Type |
Enquiries |
|
---|---|---|
Apartment
|
56%
|
|
Builder Floor
|
28%
|
|
Independent House
|
0%
|
|
Plot
|
9%
|
|
Villa
|
2%
|
BHK |
Enquiries |
|
---|---|---|
1 BHK
|
1%
|
|
1.5 BHK
|
0%
|
|
2 BHK
|
34%
|
|
2.5 BHK
|
4%
|
|
3 BHK
|
40%
|
|
3.5 BHK
|
5%
|
|
4 BHK
|
9%
|
|
5 BHK
|
3%
|
|
Budget |
Enquiries |
|
---|---|---|
Below 50 L
|
34%
|
|
50 L - 2 Cr.
|
62%
|
|
2 Cr. - 5 Cr.
|
2%
|
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