Faridabad
The real estate landscape in and around Manjhawali presents a blend of villa-focused ownership opportunities and a steady rental market across Faridabad's key sectors. While the villa segment shows positive price appreciation, residential apartments in nearby sectors like Sector 98 demonstrate varying market movements. Investors and tenants benefit from a consistent rental baseline of ₹50 per sq ft across multiple established sectors. This stability allows for clearer long-term planning for both homeowners and those seeking rental accommodations in the area.
As of June 2026, the average asking price in Manjhawali stands at ₹6,500 per sq ft. This reflects a positive trend, as prices have recovered from ₹6,300 per sq ft in March 2026, indicating a strengthening market sentiment in the area.
Property rates in Manjhawali have shown a fluctuating trajectory over the past year. After reaching ₹5,950 per sq ft in September 2025, prices rose to ₹6,850 per sq ft by December 2025, dipped to ₹6,300 per sq ft in March 2026, and have since climbed to ₹6,500 per sq ft as of June 2026. This volatility suggests a market that is actively adjusting to supply and demand shifts.
Property rates vary significantly between these neighbouring areas as of June 2026. Sector 97 currently has an average asking price of ₹5,350 per sq ft, which has depreciated by 0.41% compared to the previous period. In contrast, Sector 98 commands a higher average asking price of ₹8,450 per sq ft, having appreciated by 0.69% over the same timeframe.
As of June 2026, the average asking price for villas in Manjhawali is ₹1,100 per sq ft. This segment has shown growth, having appreciated by 1.51% compared to the previous reporting period, reflecting sustained interest in low-density residential options within the locality.
Rental rates across the sectors surrounding Manjhawali are currently consistent at ₹50 per sq ft as of June 2026. While the base rate is uniform, the performance varies; for instance, Sector 78 has seen an appreciation of 11.11% and Sector 89 has appreciated by 18.75%, whereas sectors like Sector 77 and Sector 83 have experienced rental depreciations of 23.53% and 15.38% respectively, compared to the previous period.
Investors should view the rental rate fluctuations in sectors near Manjhawali as a sign of localized demand shifts rather than a uniform trend. While many areas maintain a stable rental rate of ₹50 per sq ft as of June 2026, the varying appreciation and depreciation percentages—such as the 18.75% increase in Sector 89 versus the 23.53% decrease in Sector 77—highlight the importance of choosing specific pockets where tenant demand is currently outpacing supply.
