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Property Rates in Sector 23, Faridabad

Comprehensive Market Snapshot

The Sector 23 real estate market in Faridabad presents an active property landscape, with current asking prices averaging ₹5,598 per sq ft. Recent quarterly trends indicate a positive movement in property values, particularly for apartments which have seen a 4.13% appreciation. While villas have experienced a slight decline, the market offers diverse options, with notable projects like Ompee Homes contributing to the residential inventory. Official transaction data for the recent period suggests limited recorded activity, yet an established registered rate of ₹5,400 per sq ft provides a pricing benchmark.

  • Asking Sale Price₹ 5,598/sq.ft
  • Govt. Registration Prices₹ 5,376/sq.ft

Insights for Sector 23, Faridabad Real Estate Market

Sector 23, Faridabad, exhibits an engaging real estate dynamic, marked by an average asking price of ₹5,598 per sq ft. Price trends in the locality have shown a consistent upward trajectory over recent quarters, with rates climbing from ₹5,239 per sq ft in June 2025 to ₹5,598 per sq ft by December 2025. This growth signals a healthy and developing demand within the area. Comparing with neighboring localities, Sector 23 offers more competitive pricing than premium areas like Mujesar (₹10,252 per sq ft) and Sector 24 (₹11,222 per sq ft), yet it maintains a higher value than more affordable options such as Sector 52 (₹3,345 per sq ft). The market caters to varied preferences, predominantly featuring apartments at ₹5,598 per sq ft, which have appreciated by 4.13%. Villas are also available, averaging ₹5,131 per sq ft, despite a recent decline of 16.45%. Data on ready-to-move inventory is currently limited, suggesting buyers might need to explore specific project offerings. Prominent projects within Sector 23 include Ompee Homes and Edgepoint Ninex Residency, contributing to the local housing stock, though specific listing rates for these projects are not currently available. Official registration data for property transactions between April 2025 and March 2026 indicates limited recorded activity, highlighting a period with fewer reported sales volumes.

Market Strengths Market Strengths
  • Positive Price Trend: Sector 23 has demonstrated consistent quarterly price appreciation, indicating a robust and growing market.
  • Strategic Location: Positioned within Faridabad, it benefits from the city's overall development and connectivity.
  • Affordable Entry Point: Compared to several higher-priced neighboring localities, Sector 23 offers a more accessible price point for property ownership.
  • Established Locality: As part of Faridabad, it likely benefits from existing infrastructure and civic amenities.
  • Apartment Market Growth: The strong performance of the apartment segment provides a reliable investment avenue.
Market Challenges Market Challenges
  • Limited Ready-To-Move Inventory Data: Lack of clear data on ready-to-move properties might pose a challenge for buyers seeking immediate occupancy.
  • Villa Price Decline: Villas have experienced a significant -16.45% change, which could be a concern for investors focusing solely on this property type.
  • Limited Transaction Transparency: The absence of specific transaction counts and gross values in registration data makes it harder to gauge actual market liquidity and volume.
  • Undefined Project Pricing: Key projects like Ompee Homes and Edgepoint Ninex Residency lack explicit listing rates, requiring more effort for price discovery.
Investment Opportunities Investment Opportunities
  • Appreciating Apartment Segment: Apartments have shown a 4.13% increase in average price, indicating strong demand and potential for capital appreciation.
  • Competitive Pricing: Sector 23 offers more affordable rates compared to high-value neighbors like Mujesar and Sector 24, making it an attractive entry point.
  • Emerging Market: Consistent quarterly price growth suggests a developing market with potential for future value increases.
  • Diverse Property Types: The availability of both apartments and villas caters to a broader range of buyer preferences and investment strategies.
Property Valuation

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Property Price Trends in Sector 23, Faridabad

Asking Price Trends

Property prices in Sector 23, Faridabad, have demonstrated a consistent upward trend over the recent quarters. The average rate stood at ₹5,239 per sq ft in June 2025, steadily climbing to ₹5,376 per sq ft by September 2025. This positive momentum culminated in current asking prices reaching ₹5,598 per sq ft as of December 2025, reflecting a notable appreciation in the locality's property values.

Quarter City Rate
Dec 2025 5598
Sep 2025 5376
Jun 2025 5239
Mar 2025 0
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Price Trends by Property Type

The Sector 23 real estate market caters to diverse buyer preferences, primarily offering apartments and villas. Apartments, a dominant property type, are currently priced at an average of ₹5,598 per sq ft, having experienced a healthy appreciation of 4.13%. Villas, on the other hand, are available at an average of ₹5,131 per sq ft, though they have seen a decline of 16.45% in recent times.

Type Rate (₹/sq.ft) Change %
Villa 5,131 -16.45
Apartment 5,598 4.13
Price Trends by Project Status
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 0 0 -
Price Trends by Localities

Sector 23 positions itself strategically within Faridabad, offering property rates that vary significantly from its neighbors. While it commands an average asking price of ₹5,598 per sq ft, this is considerably more affordable than premium areas like Nangla Gurjan at ₹12,297 per sq ft or Sector 24, which averages ₹11,222 per sq ft. Conversely, Sector 23's rates are higher than more budget-friendly options such as Sector 51 at ₹1,961 per sq ft and Sector 52 at ₹3,345 per sq ft, providing a mid-range appeal to potential buyers.

Location Rate (₹/sq.ft) Change %
Sector 52 3,345 -
Mujesar 10,252 -
Sector 24 11,222 -
Sector 50 3,996 -
Nangla Gurjan 12,297 -
Sector 56a 4,345 -
Sector 51 1,961 -
Sector 7 7,980 -
Sector 11 7,200 -
New Industrial Township 5,393 -

Project and Developer Insights

Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Ompee Homes 0 -
Edgepoint Ninex Residency 0 -100
Top Developers in Faridabad
Edgepoint Infra Developers leads in Faridabad with 1 projects and years of experience.
DLF
Edgepoint Infra Developers ₹ 15.1 L - ₹ 25.1 L
  • 1 Projects
Country/City