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Sector 55, Faridabad

Buy: ₹ 68 L - ₹ 1.4 Cr
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About Sector 55, Faridabad

sector 55 is a popular residential locality situated in Faridabad. there are about 20 properties for sale and about 10 for rent in the locality. the price range per sq. ft in the area is ?2,571 - ?28,333, which makes the average price in the locality rs. 4074. some of the localities near the area are sector 23 sohna road, Sector 56A and a few more. there are a few expressways, national highways and two-way roads near the area.

the price ranges of the properties in the locality are between 60 lakh – 80 lakh, 80 lakh – 1cr, while some are below the range of 20 lakh. the room configurations available in the locality are 1bhk, 2bhk and 4bhk. most of the houses in the area are of the 2bhk room configuration. a 2bhk property for sale is around 17 lakh – 2.30 cr. the property types which are available for sale in the area are residential houses, multi-storey apartments and residential plots. all the properties posted are sold only by individuals.

the price ranges of the properties up for rent in the locality are between 5k – 10k and 25k – 30k. the three types of room configurations available in the locality are 1bhk, 2bhk ad 3bhk. a 2bhk property for rent costs around rs. 6000 – rs. 10,000. the property types which are available for rent in the locality are residential houses, multi–storey apartments and builder floor apartments. just like the properties up for sale, those up for rent too are sold only by individuals.

key highlights:

  • the locality lies next to the balabgarh flyover.

  • the gaunchi road adjacent to the area on the other side of the locality is used by various vehicles.

  • there are also numerous temples and other religious institutions near the place.

whats great?:

  • the area has a lot of government offices in and around the locality.

  • various residential areas and apartments

 also surround the locality.

  • many private companies and industries are surrounding the area.

whats not great?:

  • there are numerous industries around which make the place congested and crowded during the peak hours.

  • the various ashrams, temples, gurudwaras and the other famous sites nearby make the locality crowded on certain festive occasions.

Watch out for?:

there are a lot of industries, firms and companies surrounding the area, which make the locality a prominent place to invest.

property rising factor:

short term: as the area has all the amenities available nearby, the prices of the properties around the locality may increase.

long-term: even in the long term, the property prices may rise as; the locality houses various residential buildings and a lot of companies and industries.

other highlights:

social infrastructure:

sector 55 has a good number of malls, theatres, libraries, restaurants and other shops nearby.

shopping complex and markets: 

the area has a lot of malls, markets, bazaars, boutiques and other textile shops, jewellery shops and other places nearby to purchase the things we need.

  • parsvnath city mall

  • srs shopping mall

  • fun city mall

  • crown plaza

  • piyush mahendra mall

  • ozone centre mall

health care centres:

there are also a lot of medical institutes nearby to take care of the people in need of medical help.

  • sarvodya hospital and research centre

  • park hospital

  • pawan hospital

  • royal multispecialty hospital

connectivity and public transport:

  • the per baba bus stop is very close to the locality and is barely 3 – 4min away.

  • the ballabh garh station is about 3kms away from the area.

school, banks and fitness centres:

other than various shopping malls and hospitals, the area also has many reputed schools, banks, gyms, and various clubs.

schools:

  • government school

  • pvt narayan school

  • modern school

  • government middle school faridabad

  • orchid kids paradise

banks:

  • axis bank

  • indusind bank

  • united bank of india

  • fino payments bank

  • canara bank

fitness centres:

  • fitness hub 

  • fitnx gym

  • rage gym 

  • womens cardio gym

  • fast fit gym

popular landmarks near locality:

  • the ramco steels. pvt. limited is well known to almost everyone.

  • bhagwati oxygen ltd is a factory equipment supplier near the locality.

micro market analysis:

capital and rental trends: the area has a lot of private and government firms, offices and buildings nearby, which, by providing various job opportunities, makes the property prices rise.

scope of growth: the locality will go through a lot of changes and will develop rapidly in the next few years

investment opportunities: there are a lot of investment opportunities in both residential and commercial property.

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