Gandhi Colony, Faridabad

gandhi colony, Faridabad is a sub-locality of new industrial town locality in faridabad, haryana.

the locality is close to the faridabad railway station and is bordered by the railway station road and the iti road.

gandhi colony is a neighbor to the localities of – sector 21b, pocket j, block 4, block 3, nirman kuj, faridabad railway station, sector 20, Fatehpur Chandela and block a, new industrial town huda market mohan cooperative industrial area

key highlights

the region is a part of new industrial town and is close to the mohan co-operative industrial area. being part of a major industry means that the region has well-developed roadways infrastructure as well as a decent commercial infrastructure.

whats great?

great connectivity options in the region. located close to the state highway 19: srinagar kanyakumari highway and the faridabad railway station

whats not great?

the region is densely packed

very few apartment properties in the region.

Watch out for?

commercial properties near the faridabad train station, new industrial town locality and residential properties or commercial properties near the iti road and the railway station road.

social infrastructure

plenty of movie theatres near the area – inox ef3, pvr, inox, red rox cinema, pm cinema, friends movies, srs cinemas, neelam cinema. an open theatre – huda open theatre, one of the few open theatres, and haryana is also adjacent to the region.

shopping complex & markets

fish market, block a, new industrial town

sector 16 market, sector 16

nit market, tikona park, new industrial town

health care centers

ck memorial kapoor hospital, kl mehta road

ssb heart and multispeciality hospital, sector 20a

royal multispeciality hospital, b-5, new industrial town

connectivity & public transport

state highway 19: srinagar kanyakumari highway

faridabad railway station

schools, bank & fitness centers

schools in this area:

kl mehta dayanand  women college, bk chowk, new industrial town

shaheed bhagat singh college, central green, new industrial town

satya college of engineering and technology, palwal

shri ram college of engineering and management, sector 16a

government primary school, new industrial town

kendriya vidhyala, nh-iv, new industrial town.

banks in the area:

induslnd bank, mohan cooperative industrial area

dcb bank, neelam chowk

uco bank, neelam chowk

bank of india, block f, new industrial town

oriental banks of commerce, sector 12b

federal bank, sector 16 huda market

the central bank, sector 15a

nearby atms of prominent banks

canara bank atm, railway road

punjab national bank atm, railway road

axis bank atm, iti road

state bank of india, sardar kulbir road

axis bank, huda market, sector 16

fitness centers:

focus fitness gym, sector 10

fitness freak gym, new industrial town

hope gym and spa, new industrial town

the fitbit gym, block d , new industrial town

popular landmarks near locality:

faridabad railway station

vivekanand park

srinagar kanyakumari highway

capital and rental trends

the property market in gandhi colony, faridabad mainly consists of residential plots which make about 50% of all the offerings for sale.

residential plots cover the remaining 50% of offerings for sale. there are few apartments available for sale, but they are very few and far between registers. however, the apartments that do appear are generally of 2 bhk configurations.

the price range of residential properties is about inr 3,800 per sqft on average, with a 10-30% hike in prices for the residential houses than the residential plots.

for the rental market, rooms are available in the residential houses; the general price for rent is about inr 5000 for a single room. few 2 bhk apartments are also available with rent varying between inr 10,000 – 15,000

the base price for residential plots is about inr 30 -35 lakhs for about 1000 sqft. this may increase as the propertys location varies as so does the services associated with it.

the average rent prices for 2 bhk apartment starts at inr 10,000 and can go as high as inr 20,000 depending upon locality.

scope of growth

the region is densely populated and next to the railway station, and hence not much land is vacant for large-scale development projects. the available residential plots are in chunks, and a large portion of them is owned by indian railway. in such a case, the growth rate of the prices can be expected to be average, about 1.5-2% per year.

investment opportunities

investment in the commercial properties near the faridabad train station and the new industrial town locality.

investment in the residential properties or commercial properties near the iti road8 and the railway station road.