Overview of Sector 87, Faridabad

Location and Popularity

Sector 87 is a sought-after locality in Faridabad. It is within the Neharpar area, recognized for its infrastructure and amenities.

Property Types

This locality provides diverse property types, consisting of:

• Apartments: Offering various configurations like 2 BHK, 3 BHK, these are from multiple residential projects.
• Builder Floors: Independent floor units within buildings that blend luxury and comfort.
• Land/Plots: Available for those planning to construct their own properties here.

Property Prices

In Sector 87, Faridabad, prices look like this:

• Apartment Prices: Ranging from Rs 3,750 to Rs 4,746 per square foot, with an average of Rs 4,462 per square foot.
• Land Rates: Between Rs 1,100 and Rs 6,600 per square foot.
• Builder Floor Prices: On average around Rs 3,000 per square foot, though specific projects and amenities may alter this.

Price Appreciation

Prices in Sector 87 have seen notable increases:

• Year-over-Year (YoY) Growth: An increase of 28.89% in one year.
• Long-term Appreciation: Up 9.3% in one year, 22.4% in three years, 39.0% in five years, and 26.2% in ten years.

Amenities and Infrastructure

The locality is packed with amenities such as:

• Schools: Such as Jaypee Modern (J P M) School, in Greater Faridabad.
• Healthcare: Like Arsh Medicare Centre is nearby.
• Transportation: Providing good connectivity to other parts of Faridabad and Delhi.

Rental Options

Rentals in the area include:

• Prices range from ₹8,000 to ₹13,000 per month, covering various apartment types and configurations.

PropertyWala's Summary

Sector 87 in Faridabad is a top spot for buyers and renters. Boasting a rising property market and solid infrastructure, it offers a comfortable living or investment experience. With a range of property types and prices, it fits different budgets and needs in the marketplace.