An overview of the Palwal property sector
Palwal is a city and the municipal council of Haryana’s Palwal district. Since a few years, there has been a strong demand for real estate in the neighbourhood.
Palwal is Haryana’s twenty-first district. It is 34 kilometres away from the Khair neighbourhood. According to the 2011 census, Palwal has a population of 1,00,528 people. Gurjars (Baisla) clan, Jats, Rajputs, Punjabi migrants, and Brahmins make up the population.
Connectivity to adjacent Palwal areas
A great network of trains and roadways connects the region to other developed locations as well as a variety of hotels, schools, banks, and hospitals.
- The NH-2 travels through the area.
- The nearest railway stations are Faridabad and Ballabgarh, which are 8.9 and 32.7 kilometres away, accordingly.
- The nearest airport is Indira Gandhi International Airport, which is 68.4 kilometres away from the neighbourhood.
- Palwal is located near Faridabad, Noida, Gurgaon, and Delhi.
Employment Centres in Palwal
Palwal’s population has grown in recent years as a result of its closeness to a variety of IT clusters, including:
- Delhi, which is 60 kilometres away from the neighbourhood.
- Gurgaon, which is approximately 50 kilometres away from the neighbourhood.
Palwal schools and other social facilities
Palwal offers a variety of social amenities to its people in order to assist them live a happy and tranquil life. This contains a number of schools and hospitals. Tagore Public School, DG Khan Public School, Satya College of Engineering & Technology, LR Institute of Technology & Management, Shri Ram College of Engineering and Management, and others are among the important educational institutions in the vicinity.
Guru Nanak Hospital, Golden Hospital, Cosmos Hospital, Rahul Nursing Home, Sukhram Hospital, and other significant health facilities dominate the neighbourhood. Furthermore, the location is near several banks and ATMs, including the Bank of Maharashtra, State Bank of India, Axis Bank, Syndicate Bank, Punjab National Bank, and ICICI Bank.
Palwal also offers a variety of leisure opportunities to its citizens. Popular retail malls nearby include SRS Shopping Mall, Parsvnath Shopping Mall, and Eldeco Station 1 Mall.
Palwal’s physical infrastructure
- Where the Kundli-Manesar-Palwal (KMP) Expressway joins the NH-2, four flyovers are being built.
- In the near future, two truck parking spaces and four bus bays will be built in the neighbourhood.
Palwal price trends
- Palwal’s prices have fallen by around 22% in the last year.
- Palwal’s current property values range from Rs 1,728 to Rs 16,889 per square foot.
Factors to consider when investing in Palwal
Palwal has emerged as a popular residential location in recent years. Despite the fact that property prices are now dropping, demand for property is likely to increase in the future. SRS Pearl Floor, Omaxe Happy Homes, SRS Township, Deshwal Shivalik Springs, and many other developments in and around Palwal are among the greatest projects to invest in.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
