Property Rates in NIT Area, Faridabad

Property prices in NIT Area have shown some volatility over the past few quarters. From a low of ₹5,376 per sq ft in June 2025, prices saw an increase to ₹5,570 per sq ft by September 2025, and further to ₹7,139 per sq ft in December 2025. However, by March 2026, the average micromarket rate decreased to ₹6,186 per sq ft, which is a notable drop from the previous quarter.

As of March 2026, the average asking price in NIT Area is ₹6,186 per sq ft, while the Government Registration Rate is ₹5,376 per sq ft. This indicates that, on average, properties are being listed at a premium compared to the government's assessed value.

Property rates vary significantly across neighborhoods in NIT Area. Nangla Gurjan has the highest average rate at ₹12,297 per sq ft, followed by Sector 24 at ₹11,222 per sq ft, and Mujesar at ₹10,633 per sq ft. On the lower end, Sector 49 is priced at ₹5,348 per sq ft, and New Industrial Township at ₹5,393 per sq ft. Notably, Sector 21d has seen a substantial appreciation of 27.22% in its rates.

As of March 2026, apartments in NIT Area have an average price of ₹6,186 per sq ft, which has depreciated by 13.35%. Villas, on the other hand, are priced significantly lower at an average of ₹3,656 per sq ft, showing a substantial depreciation of 87.56%.

As of March 2026, 'Ready To Move' properties in NIT Area are priced at an average of ₹4,703 per sq ft. This segment has experienced a depreciation of 13.71%, suggesting a potential buyer's market for completed units.

As of March 2026, Katyani Hill View Apartment in NIT Area has the highest listing rate at ₹7,396 per sq ft, though it has seen a recent depreciation of 6.59%. Farihills Apartment and Ashadeep Apartment, both in Sector 21D, are listed at ₹7,000 per sq ft and ₹6,840 per sq ft respectively, with no change in their rates.

The average rental rate in NIT Area is ₹17 per sq ft as of March 2026. The rental yield stands at 3.30%, which suggests that property owners can expect a moderate return on their investment through rental income relative to the property's capital value.

In NIT Area, the average monthly rental rate for a 2 BHK apartment is ₹19,378. For a larger 3 BHK apartment, the average rent increases to ₹27,737 per month. The highest average rent is observed for 4 BHK apartments, which are listed at ₹44,765 per month. These figures indicate a clear price progression based on the size and number of bedrooms.

Rental rates in NIT Area show variations by locality. Sector 49 has an average rental rate of ₹16 per sq ft, with a recent appreciation of 6.67%. Sector 21d, however, has seen a depreciation of 5.88%, with an average rental rate of ₹16 per sq ft. Sainik Colony has a stable average rental rate of ₹15 per sq ft.

As of March 2026, both villas and apartments in NIT Area command an average rental rate of ₹17 per sq ft. Both property types have shown an appreciation of 6.25% in their rental rates, indicating a consistent demand across these segments.

Among the top projects for rentals in NIT Area, Lalleshwari Vatika CGHS in Sector 21d has a current rental rate of ₹16 per sq ft with no change reported. Achievers Status Expandable Villa in Sector 49 is listed at ₹11 per sq ft, also with no change. These figures represent the asking rental rates for these specific projects.