Flanked by Main Bypass Road on its west, Sector-82 is a newly developing residential locality in Faridabad. The Sector is seated amidst fairly developed residential areas like Sectors 78, 79, 80, 84, 85, and 86, and lies in proximity to the famous Agra Canal. The locality is surrounded by social and commercial establishments. Noteworthy institutions like Delhi Public School, Sudha Rustagi College of Dental Sciences & Research, and Brahma Kumaris World Spiritual University are scattered around the Sector. Reputed hospitals in the area include Noble Hospital, Sunflag Hospital, and Krishna Hospital. Sector-82’s proximity to multi-branded stores such as Levi and Reebok, and malls like Vipul Plaza, BPTP Next Door Shopping Mall, and Crown Plaza Mall adds to its appeal. Restaurants like Flavour’s Faridabad and Chickenette adorn the streets surrounding Sector-82. With the available social and commercial infrastructure facilities in and around the area, Sector-82 is a good locality to live in for many different kinds of home buyers.
Connectivity and Transit Points
Main Bypass Road connects Sector-82 to other established sectors of Faridabad like Sectors 14, 16, and 17. Its proximity to NH-2 further accelerates its connectivity, linking it to Delhi, Noida, Ghaziabad, and Gurgaon. Public transport like buses and trains facilitate travel in and around the city. The two prominent bus stops in the vicinity includes 7-10 Chowk Bus Stop and Hanuman Mandir Bus Stop. Local buses ply within the city, making frequent stops at these bus stations. Rail transport is facilitated by Old Faridabad Railway Station and Faridabad New Town Railway Station, which operate under the Delhi Suburban Railway. These stations lie within a 7-km radius from Sector-82 and provide inter-city transport to cities such as Delhi, Mumbai, and Amritsar among others. Indira Gandhi International Airport is situated 39 km from the locality, and can be reached in an hour via NH-2.
Major Landmarks
? Park Grandeura
? BPTP
? O P Chains Group Floridaa
? BPTP Park Grandeura
? Ashray Bhavan Road
? Floridaa O P Chains Road
Factors for Growth in the Past
Sector-82’s proximity to Delhi was a primary factor that contributed greatly towards catalysing real estate development in the area. Another important factor was the development of NH-2, which was an initiative taken by the government to improve connectivity in the city. Sector-82’s proximity to NH-2 prompted the locality’s realty market to grow significantly. Many reputed builders such as SPR Buildtech Limited, BPTP Limited, and Puri Construction Private Limited showed interest in Sector-82 and sparked off the construction of several commercial and residential projects. Availability of land coupled with affordable housing options was another important factor that resulted in high demand among residential investors.
Residential Market Analysis
Sector-82 has a mixed bag of properties. Apartments, by and large, dominate the property spectrum in the area. However, a small section of Sector-82’s property market cater to both houses and plots. The average rate for 2 BHK apartment units is Rs 4,200 per sq. ft., whereas the average rate of a 3 BHK unit is Rs 4,350 per sq. ft. However, the rate of a 4 BHK apartment unit is slightly higher when compared to 2-3 BHK units, costing about Rs 4,500 per sq. ft.
Residential plots, though less in number, are priced the highest, costing Rs 5,150 per sq. ft. The average price range of 2-4 BHK apartment units and residential plots lie between Rs 50 lakh to Rs 1 crore.
Many residential properties are available for rent here. The rental prices for 2-5 BHK apartment units range from Rs 10,000 per month to Rs 30,000 per month.
Major Challenges
Although Sector-82 is developing on the residential front, the development of social and commercial establishments seem to have taken a backseat. Absence of entertainment zones and parks in Sector-82 is one of the major challenges faced by the residents. Developing these establishments in the region will benefit the locality as well as its residents. Inadequate public transport facilities like buses and trains is another issue hovering over this Sector.
Factors for Growth in the Future
The completion of upcoming projects like SPR Elysia, SPR Imperial Estate, and BPTP The Deck will bring about a wave of development in this Sector, inviting more developers to develop and launch projects here. Development of master roads in the region will improve connectivity across different colonies in Greater Faridabad and link the city to areas near Agra Canal. Furthermore, three six-lane, single-span bridges are going to be constructed in Faridabad soon, to upgrade the inter-city network. One among the three bridges proposed is expected to connect Sectors 14-17 with Sector-82.
