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NIT Area · 121005

Sector 23, Faridabad

  • 3.3
  • (3 Reviews)
Rank #29/378

For buyers who want to be in Faridabad without paying the prices of its most prominent neighbourhoods, Sector 23 offers a workable alternative. Faridabad in Haryana, an industrial city and part of the Delhi NCR region. Schools, hospitals and daily markets are accessible from here.

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Location Map of Sector 23, Faridabad
Locality Snapshot

About Sector 23, Faridabad

Sector 23 is situated in Faridabad within the NIT Area zone under the pincode 121005, ranked 29 out of 378 localities, offering an established residential destination for homebuyers and investors.

  • The real estate market features 7 properties listed for sale, encompassing diverse configurations such as 2 BHK options.
  • Property prices in the area reflect an average sale price of ₹5,600 per sq ft, with a prevailing market asking price of ₹5,600 per sq ft.
  • Real estate buyers can find options spanning a sale price range of ₹33.00 Lakh - ₹1.10 Cr to suit various budgets.
  • Infrastructure and quality of life are reflected through 4.1/5 livability index, 4.1/5 connectivity index, 4.2/5 lifestyle index, and 4.4/5 edu-health index ratings.
  • Educational and medical needs for residents are supported by nearby institutions including Government High School, Pal Progressive Convent Schhol, Hello Kids, Pdm Public School, Modern School.
  • Healthcare services in and around the vicinity are accessible via established facilities such as Dr Anita Nursing Home, Lotus Hospital, RKHospital, Shree Ram Nursing Home, Lohan Children Hospital.

Advantages & Considerations

Why choose Sector 23 for Living?

An honest look at what residents love — and what to watch out for.

What BHK configurations are available and who do they suit in Sector 23?

Property options in Sector 23 feature 2 BHK, providing tailored housing choices for individuals and families seeking specific spatial layouts.

What social infrastructure and lifestyle quality does Sector 23 offer?

Residents of Sector 23 have access to quality educational and medical institutions, including Government High School, Pal Progressive Convent Schhol, Hello Kids, Pdm Public School, Modern School and Dr Anita Nursing Home, Lotus Hospital, RKHospital, Shree Ram Nursing Home, Lohan Children Hospital. For shopping and recreation, Market NIT 1, Parsvnath City Mall, Eldeco Station One Mall, SRS Mall, Srs World Mall are conveniently located nearby. These amenities contribute to an established residential environment supported by a 4.2/5 lifestyle index.

What is the average asking price, how has it changed quarterly, and how does it compare to the government registration rate?

The market asking price in Sector 23 is ₹5,600 per sq ft, matching the average sale price of ₹5,600 per sq ft, while the sale price range spans from ₹33.00 Lakh to ₹1.10 Cr. The registration rate in the area stands at ₹5,400 per sq ft, and nearby location sale rates include Sector 52 at ₹3,500 per sq ft reflecting a -1.50% change, Mujesar at ₹11,600 per sq ft reflecting a +9.29% change, Sector 56a at ₹5,600 per sq ft reflecting a +29.16% change, Sector 51 at ₹3,850 per sq ft reflecting a -0.98% change, and Sector 49 at ₹5,700 per sq ft reflecting a +6.60% change.

QuarterLocation RateMicromarket Rate
Sep 2026-₹6,550 per sq ft
Jun 2026-₹7,450 per sq ft
Mar 2026-₹6,200 per sq ft
Dec 2025₹5,600 per sq ft₹7,150 per sq ft

The recorded quarterly data shows micromarket rates moving from ₹7,150 per sq ft in December 2025 to ₹6,200 per sq ft in March 2026, ₹7,450 per sq ft in June 2026, and ₹6,550 per sq ft by September 2026. These figures demonstrate localized pricing variations across quarters relative to the baseline location rate of ₹5,600 per sq ft established in December 2025.

Which top projects stand out by listing or transaction rate?

Edgepoint Ninex Residency in Sector 23 is listed as a top project with a listing rate of ₹4,250 per sq ft. This project-specific rate offers a comparative benchmark relative to the broader market asking price of ₹5,600 per sq ft in the locality.

Which developers are active here and what is the project pipeline?

Sector 23 features 2 ready-to-move project counts alongside a market presence from Edgepoint Infra Developers with 1. These developments are complemented by nearby localities including faridabad sohna road, Gaunchhi Rd, Sector 52, Sector 50, Sector 22.

What's Great
  • Proximity to the Faridabad New Town Railway Station and the purple line of metro Proximity to many government entities such as NTPC, NHPC, Sarurpur Industrial Area, innumerable hospitals and wellness centres
  • Schools, colleges, hospitals, wellness centres, places of worship, restaurants, malls, and theatres are nearby.
What's Concerning
  • Narrow street lanes
  • No new residential projects are coming up
Recent & Future Developments

What's New in Sector 23, Faridabad

Live news feed — last updated 22 September 2026

22 Sept2026

Brainlab and Amrita Hospital Partner for Advanced Neuro & Spine Centre in Faridabad

Brainlab and Amrita Hospital, Faridabad, have signed an MoU to establish North India's first advanced center of excellence for brain and spine care. ical navigation technologies. It will serve as a platform for complex surgeries, clinical training, technology demonstrations, and knowledge sharing.

Source: PTI, The Print
15 Aug2026

Faridabad's East-West Connectivity Plan Gains Momentum

The ₹1500 crore Faridabad East-West Connectivity Plan is moving forward with inspections of key locations by the Faridabad Metropolitan Development Authority (FMDA). This project aims to connect NIT Faridabad (west) with Greater Faridabad (east) through smoother, signal-free routes,

Source: Dainik Bhaskar
13 Jul2026

Faridabad's Smart City Mission Projects Extended to March 2027

The Haryana government has extended the tenure of Faridabad Smart City Limited and its project management consultancy until March 31, 2027. This extension aims to ensure the timely completion of ongoing projects and the smooth handover of assets.

Source: The Times of India, HT
12 May2026

New Elevated Road Project to Reduce Delhi-Faridabad Travel to 15 Minutes

A new Rs 800-crore, six-lane elevated corridor project is set to commence, connecting Ashram Chowk in Delhi to Sarai Khwaja (Sector 37) in Faridabad. This signal-free corridor aims to reduce travel time to 10-15 minutes, bypassing congested areas like the Badarpur Border and Ali Village.

Source: The Tribune
Explore Key Amenities & Commute

What's Around Sector 23, Faridabad

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Faridabad's top business hubs.

How does the connectivity index rate Sector 23, and which nearby localities are accessible?

Sector 23 achieves a 4.1/5 connectivity index, providing residents with access to faridabad sohna road, Gaunchhi Rd, Sector 52, Sector 50, Sector 22.

What lifestyle venues exist near Sector 23?

Residents of Sector 23 can easily visit Hotel Delite, Gymkhana Club, Park Plaza, Comfort Inn saffron Kiran, Vibe By the Lalit Traveller and Shree Laxmi Narayan Mandir, Shree Pashupatinath Nepali Mandir, Jain Mandir, Shri Raghhunat Mandir, Raghhunat Mandir.

What do the quality-of-life index scores reveal about living in this locality?

Sector 23 achieves a livability index score of 4.1/5 livability index alongside an edu-health index rating of 4.4/5 edu-health index.

What daily convenience and delivery options are available in Sector 23?

Sector 23 features accessible daily retail provisions through neighborhood outlets like K S Retail Store, Sandeep Kirana Store, Vikas Provision Store, and Hari Om General Store. Medical needs are supported by local pharmacies including Ashok Medical Store, Vc Health Care Pharmacy, Sri Ram Medical Store, and Mangla Medical Store. Financial transactions and cash withdrawals are supported by multiple regional bank branches and ATM networks embedded throughout the neighborhood. Residents also have active digital food and grocery ordering access through delivery platforms like Zomato and Swiggy.

map
Nearby Places
  • Bank Of India
    Bank
    0.4 km
  • Indian Bank
    Bank
    0.5 km
  • Government High School
    School
    0.6 km
  • Dr Anita Nursing Home
    Hospital
    0.6 km
  • Pal Progressive Convent Schhol
    School
    0.6 km

Plan your Commute Travel time from Sector 23, Faridabad

Data Intelligence

Price Insights for Sector 23, Faridabad

Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.

Property Price Insights in NIT Area

What is the average sale price and how do prices vary by property status?

Properties in Sector 23 feature an average sale price of ₹5,600 per sq ft, with total sale prices ranging from ₹33.00 Lakh to ₹1.10 Cr. Property types show specific pricing variations, where villas list at ₹5,150 per sq ft reflecting a -16.45% difference, and apartments average ₹5,600 per sq ft showing a +4.13% variation. Market availability across different construction phases is outlined below.

StatusUnitsAvg PricePrice Change
Ready To Move---

The current property status breakdown for Ready To Move units indicates active tracking of completed inventory within the micromarket. These baseline metrics provide buyers with a clear valuation framework for evaluating residential options across Sector 23.

Which nearby localities have comparable rental rates?

Rental values across adjacent micro-markets maintain a consistent benchmark of ₹50 per sq ft in New Industrial Township 2, Sector 7, New Industrial Township, and Frontier Colony. Meanwhile, New Industrial Township 1 exhibits a slight variance with rental rates at ₹50 per sq ft (-7.69%). These neighboring areas offer uniform leasing cost structures relative to the broader urban corridor.

Avg. Sale Price ₹ 5,600/sq.ft For Apartment
Quality of Life 4.2 /5
Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in Sector 23, Faridabad.

What property type is most in demand for buying, and how does resale availability comparison stand?

Buyers targeting Sector 23 focus heavily on Independent House, Villa options. Meanwhile, the market accommodates steady buyer interest with a current inventory of 7 resale properties.

Which BHK type is most demanded and most supplied for renting?

Rental seekers in Sector 23 primarily target 2 BHK configurations to match their housing needs. To accommodate this tenant requirement, landlords and property owners actively supply 2 BHK configurations across the rental market.

Which property type dominates the buy-side supply?

Available listings on the buy side of Sector 23 are heavily anchored by Independent House, Villa properties.

  • Sale
  • Rent
By Property Type
Demand
Supply
Independent House
79%
58%
Villa
15%
43%
By BHK
Demand
Supply
2 BHK
33%
86%
4 BHK
34%
15%
By Budget
Demand
Supply
Below 50 L
20%
43%
50 L - 2 Cr.
68%
58%
2 Cr. - 5 Cr.
10%
0%
By Property Type
Demand
Supply
Builder Floor
60%
100%
By BHK
Demand
Supply
2 BHK
57%
100%
By Budget
Demand
Supply
15000 - 30000
60%
100%
Above 50000
40%
0%
Sector 23 Spotlight

Top Projects in Sector 23, Faridabad

Trusted Developers

Top Builders in Sector 23, Faridabad

Neighborhood

Localities around Sector 23, Faridabad

Compare top neighbouring localities and discover micro-markets nearby.

Rental Yield
3.9%
3
For Sale
Rental Yield
3.9%
1
For Sale
Average Sale Price
₹ 3,500/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 4,000/sq. ft
Rental Yield
3.9%
Rental Yield
3.9%
7
For Sale
Rental Yield
3.9%
Rental Yield
3.9%
1
For Rent
Rental Yield
3.9%
2
For Sale
1
For Rent
Rental Yield
3.9%
4
For Sale
Rental Yield
3.9%
1
For Sale
Resident Voices

Reviews & Ratings of Sector 23, Faridabad

What kind of community and lifestyle does Sector 23 offer to its residents?

Sector 23 functions as a value-conscious, established residential locality that attracts working professionals, local families, and individuals seeking proximity to nearby manufacturing belts and employment zones. Residents frequently commute to job centers and industrial clusters such as Sector 24, Mujesar, and the New Industrial Township (NIT). The area draws technical personnel, small business owners, and employees engaged with nearby private enterprises like NPR Technologies and Indo Autotech Limited. Educational aspirations of local families are supported by nearby institutions including J.C. Bose University of Science and Technology and Aggarwal College Ballabgarh. The lifestyle is characterized by a community-oriented neighborhood feel where residents gather for local festivals organized by the Residents Welfare Association (RWA) and community spaces. Review ratings for the area highlight a positive sentiment toward safety and connectivity, earning scores of 3.7/5 and 4.1/5 respectively. Daily routines are shaped by accessible local markets, neighborhood temples, and internal parks where residents regularly exchange conversations.

What does the resident rating say and what do residents praise?

In Sector 23, residents have shared their feedback through Lots of Green Areas & Parks, Centrally Located with Good Connectivity, Near Metro or Good Public Transport, Plenty of Shopping & Entertainment Options Nearby, Affordable Location with Good Upside Potential.

Sector 23, Faridabad

Based on 3 verified reviews

3.3
3 Reviews
100% People recommend this locality
What's good
  • Lots of Green Areas & Parks
  • Centrally Located with Good Connectivity
  • Near Metro or Good Public Transport
  • Plenty of Shopping & Entertainment Options Nearby
  • Affordable Location with Good Upside Potential
  • Business Hubs & Offices in Close Proximity
  • Reputed Schools or Hospitals in the Vicinity
  • Excellent Rental Yield
  • Safe at Night with Well Lit Streets
What's bad
  • Water Logging & Sewage Disposal Problems
  • No Infrastructural Development Planned in Future
  • Low Rental Yield
  • No Business Hubs or Offices in Close Proximity
  • No Reputed Schools or Hospitals in the Vicinity
  • Decaying or Broken Roads
  • Scarcity of Public Transport
  • Very Few Shopping or Entertainment Options
Reviewed by:
100% Real estate agent
Top Reviews
4

Average location, but high rental yeild with not good infrastructure as water lodging is very common

3

Not good at all as compared to sector 22 , water lodging , electricity cuts are too normal here ! Property rates are also high considering the infrastructure ! Not at all preferable

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FAQ

Frequently Asked Questions

Find answers to common queries about Sector 23, Faridabad.

Is Sector 23 a good place to live in Faridabad?

Yes, Sector 23 is considered one of the preferred residential areas in Faridabad. It has an overall rating of 3.3 out of 5, based on 3 user reviews. Residents appreciate the locality for its Lots of Green Areas & Parks, Centrally Located with Good Connectivity, Near Metro or Good Public Transport, Plenty of Shopping & Entertainment Options Nearby, Affordable Location with Good Upside Potential and overall quality of life.

What is the average property price in Sector 23, Faridabad?

The average property price in Sector 23 is around ₹5,600 per sq ft. Prices typically range between ₹ 33 Lakhs to 1.1 Crore, depending on the project, property type, and exact location within the locality.

What is the PIN code of Sector 23?

The PIN code of Sector 23 is 121005. It is used for postal services, courier deliveries, and address verification.

What types of properties are available in Sector 23, Faridabad?

Homebuyers and tenants can choose from configurations such as 2 BHK, depending on their budget and lifestyle requirements.

How is the connectivity in Sector 23, Faridabad?

Sector 23 enjoys good connectivity to major residential and commercial hubs in Faridabad. The locality also offers convenient access to schools, hospitals, shopping centres, and other essential services, making daily commuting easier for residents.

Which localities are close to Sector 23 in Faridabad?

Some of the nearby localities to Sector 23 include faridabad sohna road, Gaunchhi Rd, Sector 52, Sector 50, Sector 22. These areas are well connected and offer easy access to key residential and commercial destinations.

Are schools, hospitals, and malls available near Sector 23?

Yes, Sector 23 is well served by social infrastructure, including schools such as Government High School, Pal Progressive Convent Schhol, Hello Kids, Pdm Public School, Modern School, hospitals like Dr Anita Nursing Home, Lotus Hospital, RKHospital, Shree Ram Nursing Home, Lohan Children Hospital, and shopping malls including Market NIT 1, Parsvnath City Mall, Eldeco Station One Mall, SRS Mall, Srs World Mall.

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