Property Rates in Sector 23, Faridabad

Sector 23 in Faridabad is experiencing a healthy growth trajectory, evidenced by a steady increase in property rates over the past few quarters. The asking price has climbed from ₹5,239 per sq ft in June 2025 to ₹5,598 per sq ft by December 2025, demonstrating sustained buyer interest and market appreciation. This growth is particularly driven by the apartment segment, which recorded a 4.13% price increase, positioning Sector 23 as an attractive residential hub. Conversely, the villa segment has seen a decline, highlighting a shift in preference or market correction for this property type. While direct rental data for Sector 23 is not available, the surrounding areas like Sector 15 and Badauli Village offer insights into the broader rental market dynamics, with rates reaching up to ₹28 per sq ft in some pockets.

• Sector 23's average location rate has grown from ₹5,239 per sq ft in June 2025 to ₹5,598 per sq ft in December 2025.
• Apartments in the locality are currently priced at ₹5,598 per sq ft, reflecting a positive change of 4.13%.
• Villas, however, are available at an average of ₹5,131 per sq ft, experiencing a -16.45% change.
• The micromarket rate for Sector 23 has significantly increased from ₹5,376 per sq ft in June 2025 to ₹7,139 per sq ft by December 2025.
• Nearby areas like Sector 24 and Nangla Gurjan command significantly higher average rates, at ₹11,222 per sq ft and ₹12,297 per sq ft respectively, suggesting potential for growth in Sector 23.