Sector 78 Property Market: An Overview

Sector 78, an area in Faridabad in the state of Haryana, is experiencing rapid growth and development in terms of real estate market in recent times.

With numerous ATMs, banks, supermarkets, departmental stores and grocery shops along with the

facilities such as schools, hospitals and amusement parks in the locality, Sector 78 real estate in

Faridabad has significantly grown in recent times. Several developers are making a beeline for the locality

in tandem with buyers.

Since the launch of The New Plot Scheme in 2015 by the Haryana Urban Development

Authority (HUDA), this particular sector has started to expand even further. HUDA is offering

approximately 526 plots in the area under the new plot scheme.

Sector 78 has leading property builders who are contributing immensely to the development of the area

even more. The sector has a railway station and an international airport within a radius of about 12 kms

and 42 kms, respectively which help in the connectivity of the sector to other parts of the city.

BMR Realtors and Omaxe are some of the reputed real estate developers and builders in Sector 78.

Connectivity with nearby Sector 78 localities:

 The distance between Sector 78 and Old Faridabad Railway Station is only 12 kms.

 Indira Gandhi International Airport is situated at a distance of only 42.4 kms from the area.

Schools in Sector 78 and other social amenities:

Tender Heart NGO and Emerald Convent School are some of the well-known schools in Sector 78.

Leading hospitals in Sector 78 area include the Arsh Hospital and the Arsh Medicare Centre and Medical

Store. Also there are places of recreation and entertainment such as the BPTP Next Door Shopping Mall.

Price trends in Sector 78:

 Current property rates – INR 2820 – 4111 per sq. ft.

Reasons to invest in Sector 78:

The availability of flats in Sector 78 at an affordable price, good connectivity and the recent development

of the area are the key factors that are leading to the growth of the area as a residential hub. With

immense potential for quality infrastructure and public utility services, this particular sector is attracting

good numbers of home-buyers. However, Sector 78 has some basic problems such as inadequacy of quick

transportation links and other infrastructures. Thus this area needs to be brought under close scrutiny of

the developmental authorities which will ensure better development. A few improvements will certainly

boost the real estate market in the locality.

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