Are you planning to buy property in Faridabad? Then, understanding the area’s circle rate is crucial.
Circle rate is the minimum price set for properties or land per square meter in a specific region. It helps calculate the registration charges and stamp duty. Learning about the current circle rates in Faridabad will help you make an informed decision when investing in the region’s real estate market.
Here is a complete sector-wise list of Faridabad circle rates for residential properties:
Sector |
Price of plot of 500 sq. yards (per sq. m) |
Price of plot above 500 sq. yards (per sq. m) |
Sector 14 |
₹53,820 |
₹47,840 |
Sector 16 |
₹50,232 |
₹47,840 |
Sector 17 |
₹50,232 |
₹41,860 |
Sector 18 |
₹33,488 |
₹31,096 |
Sector 18 A |
₹33,488 |
₹31,096 |
Sector 19 |
₹35,880 |
₹32,292 |
Sector 21 A |
₹41,860 |
₹38,272 |
Sector 21 B |
₹41,860 |
₹38,272 |
Sector 28 |
₹41,860 |
₹35,880 |
Sector 29 |
₹38,272 |
₹33,488 |
Sector 30 |
₹38,272 |
₹33,488 |
Sector 31 |
₹38,272 |
₹33,488 |
Here are the Faridabad circle rates for licensed colonies:
Name of the Colony |
Circle Rates (Per sq. m.) |
Nehar Par Sector 79 -83 |
₹47,840 |
Nehar Par Sector 84-90 |
₹41,860 |
Nehar Par Sector 97-98 |
₹35,880 |
Ashoka Enclave |
₹41,860 |
Spring Field Colony |
₹35,880 |
Indraprastha Colony |
₹35,880 |
Durga Colony |
₹29,900 |
*Disclaimer: The mentioned rates are subject to change. Verify the values before making any financial decision
The circle rate acts as a benchmark for property prices. It is usually lower than the market rate. Consider applying for a home loan to buy a property when the gap between the circle and market rates is small. You can apply for a housing loan online on Bajaj Markets.
The circle rate of Faridabad depends on various factors, including the locality. For example, if you are in Sector 21B, the circle rate for a plot will be between ₹38,272 and ₹41,860 per sq. m. Whereas, in Sector 14, the circle rate for the plot will be between ₹47,840 and ₹53,820 per sq. m.
No, the Faridabad circle rate varies for different areas. Some factors that influence the rate are the locality, distance of the property from the centre, amenities, usage, etc.
Yes, the age of the property affects the value of a property. When your property gets older, its value decreases. Similarly, when your property is relatively new, its value is higher.