Property Rates in Sector 23, Faridabad

Property prices in Sector 23, Faridabad, have seen fluctuations over the past year. The micromarket rate was ₹6,186 per sq ft in March 2026, down from ₹7,139 per sq ft in December 2025. Prior to that, prices were ₹5,570 per sq ft in September 2025 and ₹5,376 per sq ft in June 2025. This trend suggests a period of price correction in the micromarket after an initial rise.

In Sector 23, Faridabad, apartments are priced higher than villas. As of March 2026, apartments have an average price of ₹5,598 per sq ft, showing a 4.13% increase from the previous period. Villas, on the other hand, are priced at ₹5,131 per sq ft, but have seen a significant depreciation of 16.45% over the same timeframe.

Rental rates in areas surrounding Sector 23, Faridabad, vary significantly. Sector 7 and Sector 3 command the highest average rental rate at ₹20 per sq ft, with no reported change. Sector 15 offers rentals at ₹23 per sq ft. Notable changes include Sector 49, which saw a 6.67% appreciation to ₹16 per sq ft, while Sector 15a depreciated by 9.09% to ₹20 per sq ft, and Sector 75 decreased by 5.26% to ₹18 per sq ft as of March 2026.

The average rental rate in Sector 23, Faridabad, is currently ₹0 per sq ft as of March 2026. Due to the absence of specific rental data for Sector 23 itself, a precise rental yield calculation cannot be provided. However, the presence of listed properties and nearby rental markets suggests potential income generation opportunities for property owners.

Rental rates in micromarkets near Sector 23, Faridabad, show considerable variation as of March 2026. Badauli Village leads with an average rental rate of ₹31 per sq ft, appreciating by 10.71%. Sector 80 follows at ₹27 per sq ft, and Sector 15 offers ₹23 per sq ft. Conversely, Sector 15a has seen a rental depreciation of 9.09% to ₹20 per sq ft, and Sector 75 is at ₹18 per sq ft after a 5.26% decrease.

As of March 2026, the average price for apartments in Sector 23, Faridabad, stands at ₹5,598 per sq ft, marking a 4.13% increase. Villas in the same locality are priced at ₹5,131 per sq ft, reflecting a depreciation of 16.45% over the same period. This indicates a diverging trend between the two property types in the area.

As of March 2026, there are no 'Ready To Move' units available in Sector 23, Faridabad, with an average price listed as ₹0 per sq ft. The data indicates zero units for this category, suggesting that the current market focus might be on under-construction projects or that available inventory in this segment is negligible.

Edgepoint Ninex Residency, located in Sector 23, Faridabad, is listed with the highest rate among the available projects, standing at ₹4,244 per sq ft as of March 2026. This rate has remained stable with no change percentage reported. The project is situated in the NIT Area, highlighting its positioning within the locality.

Property rates vary significantly across neighborhoods near Sector 23, Faridabad. Nangla Gurjan shows 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. In contrast, Sector 51 has the lowest average rate at ₹1,961 per sq ft, with Sector 52 at ₹3,345 per sq ft and Sector 50 at ₹3,996 per sq ft.