Property rates in Sector 98 average ₹8,450 per sq ft, reflecting a steady growth trend in this evolving Faridabad locality. The market has seen notable appreciation over the last few quarters, with property values rising from ₹8,100 to current levels. High-quality residential projects like Amolik Aster Woods and Mansha Oaks continue to drive interest, while the robust demand for ready-to-move apartments further reinforces the area's appeal for immediate residential investment.
Insights for Sector 98, Faridabad Real Estate Market Overview
Sector 98 is witnessing a significant upward trend in property valuations, supported by consistent interest from both homebuyers and investors looking for quality living spaces in Faridabad. The market shows a balanced mix of ready-to-move projects and new developments, catering to diverse occupancy timelines. Rental demand remains healthy, with 2 BHK apartments averaging ₹18,850 per month, providing stable returns for landlords. As the area continues to develop, property rates have shown a clear path of appreciation, moving from ₹8,100 in late 2025 to ₹8,450 per sq ft today.
Property rates in Sector 98 have appreciated from ₹8,100 per sq ft in September 2025 to the current average of ₹8,450 per sq ft.
Ready-to-move residential units are priced at an average of ₹8,650 per sq ft, showing a positive growth of 3.35%.
Apartments in the locality command an average price of ₹10,050 per sq ft, marking a substantial yearly increase of 19.03%.
Rental yield for 2 BHK apartments remains competitive, with an average monthly rent of ₹18,850.
Premium projects like Amolik Aster Woods are priced at ₹9,000 per sq ft, reflecting a 7.42% increase in value.
Market Strengths
Consistent quarterly price appreciation from ₹8,100 to ₹8,450 per sq ft shows a healthy, growing market.
Strong buyer preference for apartments has pushed annual growth to 19.03%.
Availability of established projects like Amolik Aster Woods and Mansha Oaks provides buyer confidence.
Ready-to-move inventory offers immediate utility for end-users.
Sector 98 maintains a competitive edge over lower-priced neighboring sectors due to its premium residential offerings.
Market Challenges
High apartment rates of ₹10,050 per sq ft may require a significant upfront capital investment for new buyers.
The 3.35% growth in ready-to-move projects is moderate compared to the broader apartment segment, indicating slower relative appreciation for older inventory.
Investment Opportunities
The 19.03% annual growth in apartment prices indicates strong long-term capital appreciation potential.
Ready-to-move apartments at ₹8,650 per sq ft offer a secure entry point with immediate occupancy benefits.
Rental income potential for 2 BHK apartments provides a consistent monthly cash flow of ₹18,850.
Investing in top-tier projects like Amolik Aster Woods, which grew by 7.42%, offers a proven track record of value increase.
Price Trend
Sector 98, Faridabad Property Price Trends and Appreciation
The market in Sector 98 has maintained a positive trajectory over the past year. Since September 2025, when rates were at ₹8,100 per sq ft, the locality has seen steady growth through December 2025 and March 2026. This upward momentum highlights the growing demand for residential assets in this part of Faridabad.
Sector 98 serves as a benchmark for the surrounding regions, often commanding a premium compared to more established or developing neighboring sectors. For instance, Sector 83 has seen a significant surge in rates, reaching ₹9,100 per sq ft, while Sector 89 hovers around ₹8,800 per sq ft. Conversely, sectors like Sector 88 and Sector 97 remain more affordable, averaging ₹5,150 and ₹5,350 per sq ft respectively. This variance allows investors to choose between high-growth premium pockets and more value-oriented locations within the same city.
Sector 98's residential market is primarily driven by apartment living, which remains the most sought-after category for buyers. Apartments in the sector currently average ₹10,050 per sq ft, experiencing a strong annual growth of 19.03%. This performance underlines the high demand for modern, multi-story living spaces in the area.
Premium residential developments in Sector 98 are setting high benchmarks for the local real estate market. Amolik Aster Woods leads the segment with an asking price of ₹9,000 per sq ft, reflecting a 7.42% increase. Meanwhile, Mansha Oaks maintains a steady presence with rates at ₹8,300 per sq ft, offering attractive options for those seeking established residential projects.
Rental Trends
Rental Trends and Average Rent in Sector 98, Faridabad
The rental market in Sector 98 is characterized by a strong demand for 2 BHK apartments, which serve as the primary unit type for residential tenants. These units are currently commanding an average monthly rent of ₹18,850, highlighting the consistent appeal of the area for small families and professionals. Rental rates across the Faridabad micromarkets are relatively uniform, with most locations such as Sector 84, Sector 89, and Sector 83 averaging ₹50 per sq ft. While most sectors show stable rental growth, some areas like Bharat Colony have seen a notable 15.79% increase, whereas Sector 83 has experienced a -15.38% correction, reflecting the diverse rental dynamics across the city.
The rental market in Sector 98 is characterized by a strong demand for 2 BHK apartments, which serve as the primary unit type for residential tenants. These units are currently commanding an average monthly rent of ₹18,850, highlighting the consistent appeal of the area for small families and professionals.
Rental rates across the Faridabad micromarkets are relatively uniform, with most locations such as Sector 84, Sector 89, and Sector 83 averaging ₹50 per sq ft. While most sectors show stable rental growth, some areas like Bharat Colony have seen a notable 15.79% increase, whereas Sector 83 has experienced a -15.38% correction, reflecting the diverse rental dynamics across the city.
Frequently Asked Questions About Property Rates in Sector 98, Faridabad
What is the current average asking price in Sector 98, Faridabad?
As of June 2026, the average asking price in Sector 98 is ₹8,450 per sq ft. This figure reflects a positive market movement, having appreciated by 0.69% compared to the previous period. This steady growth indicates a resilient demand for residential properties within this locality.
How have property prices in Sector 98 trended over the last few quarters?
Property prices in Sector 98 have shown a notable upward trajectory as of June 2026, reaching an average of ₹10,050 per sq ft compared to ₹8,450 per sq ft in March 2026. This trend suggests increasing buyer interest and potential value appreciation for investors. When looking back to September 2025, where the location rate stood at ₹8,100 per sq ft, the consistent quarter-over-quarter growth signals a strengthening real estate market in the area.
How do property rates in Sector 98 compare to nearby sectors in Faridabad?
Property rates in Sector 98, currently at ₹8,450 per sq ft as of June 2026, sit within a competitive range when compared to surrounding areas. For instance, Sector 83 has seen significant growth with an average rate of ₹9,100 per sq ft, having appreciated by 49.94% over the observed period. Meanwhile, other nearby localities like Sector 88 offer more accessible entry points at ₹5,150 per sq ft, which has appreciated by 2.82%.
What is the price difference between Ready To Move and other property types in Sector 98?
As of June 2026, Ready To Move properties in Sector 98 are available at an average price of ₹8,650 per sq ft, marking an appreciation of 3.35% over the relevant period. In comparison, the broader apartment segment in the locality is priced at ₹10,050 per sq ft, which has seen a significant appreciation of 19.03%. This data indicates that while Ready To Move units offer immediate possession, the overall apartment market in Sector 98 is experiencing a sharper rise in valuation.
What are the prominent residential projects in Sector 98 and their current listing rates?
Two of the notable projects in Sector 98 are Amolik Aster Woods and Mansha Oaks. As of June 2026, Amolik Aster Woods is listed at ₹9,000 per sq ft, reflecting an appreciation of 7.42% over the comparison period. Mansha Oaks is currently listed at ₹8,300 per sq ft, with rates remaining stable at 0% change, offering a consistent pricing option for potential homebuyers in the locality.
What are the rental trends for 2 BHK apartments in Sector 98?
As of June 2026, the average monthly rent for a 2 BHK apartment in Sector 98 is ₹18,850. This rental data provides a clear benchmark for tenants looking for mid-sized residential units in the area. While specific appreciation data for this unit type is not currently available, this rate serves as a primary indicator for the rental market's entry-level pricing for families and working professionals.
How do rental rates vary across different localities near Sector 98?
Rental rates in the vicinity of Sector 98 are relatively uniform, with many neighbouring sectors such as Sector 84, Sector 89, and Sector 83 commanding an average rental rate of ₹50 per sq ft as of June 2026. However, the growth trends differ significantly; for example, Bharat Colony has seen a notable rental appreciation of 15.79%, while Sector 83 has experienced a depreciation of 15.38% in rental rates over the same period. This variation highlights that while the base rental rate per sq ft may be similar, the underlying demand and rental growth potential can fluctuate significantly between these micro-markets.
