Property Rates in Sector 87, Faridabad

Sector 87's real estate market caters to diverse buyer preferences across property categories. Villas in the area average ₹7,347 per sq ft, reflecting a healthy 10.23% increase, appealing to those seeking spacious living. Apartments, a popular choice, are priced at ₹5,784 per sq ft, having seen a 4.95% rise, offering accessible entry points into the market.

The Sector 87 market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 8 units, averages ₹5,966 per sq ft with a significant 16.66% increase, appealing to immediate occupancy seekers. This strong performance indicates high demand for completed homes in the locality.

Within Faridabad, Sector 87 commands an average rate of ₹5,784 per sq ft, showing a notable 15.24% increase. Neighboring areas present a varied landscape; for instance, Sector 86 offers properties at ₹6,554 per sq ft with a significant 21.48% rise, while Sector 89 stands out with an average of ₹8,764 per sq ft and an impressive 42.07% growth. Meanwhile, Sector 88 is priced lower at ₹4,517 per sq ft, experiencing a -23.87% change. Neharpar, a broader micro-market, averages ₹6,476 per sq ft, positioning Sector 87 competitively within the region.

Leading the rental market in Sector 87, Shiv The Ozone Solitaire in Neharpar Phase 1 commands a rental rate of ₹23 per sq ft, reflecting a 15% increase. SRS Royal Hills Phase 2 follows with an average of ₹21 per sq ft, while SRS Royal Hills offers properties at ₹19 per sq ft. Shiv Sai Park Apartments are available at ₹14 per sq ft, though experiencing a -6.67% change, and SRS Pearl Heights averages ₹13 per sq ft.

In Sector 87, the rental market for residential apartments shows clear preferences. A 2 BHK apartment typically commands an average rent of ₹16,878 per month. For those seeking more space, 3 BHK apartments are available at an average of ₹18,566 per month, highlighting consistent demand across different unit sizes.

Within the Faridabad rental landscape, Sector 87 maintains an average rental rate of ₹20 per sq ft, showing stability with no change. Neighboring areas like Sector 86 have slightly higher rates at ₹21 per sq ft, while Sector 88 is competitive at ₹19 per sq ft. Bharat Colony also matches Sector 87's rate at ₹20 per sq ft, with a 5.26% increase, indicating some local growth in rental values.

The rental market in Sector 87 is primarily driven by apartments, which average ₹20 per sq ft. This rate has remained stable, indicating a consistent demand for apartment living in the area.