Sector 88, Faridabad

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

popular landmarks near locality

• 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)