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Chandigarh Sectors

Phase-III Sector-48, Chandigarh

Recent & Future Developments

What's New in Phase-III Sector-48, Chandigarh

Live news feed — last updated 11 September 2026

11 Sept2026

Chandigarh Notifies New Tenancy Rules for Transparency and Efficiency

The Union Territory of Chandigarh has notified the Tenancy Rules, 2026, which mandate online registration of tenancy agreements, issuance of Unique Identification Numbers (UINs), and a three-tier dispute resolution mechanism. These rules aim to bring transparency, accountability, and speed to the tenancy ecosystem, covering rent revision, recovery of possession, and dispute resolution.

Source: The Tribune
07 Sept2026

Chandigarh Power Distribution Network Modernized with Underground Cabling

Chandigarh Power Distribution Limited (CPDL) has successfully converted its overhead 11 kV electricity distribution network to an underground system across Sectors 1-8. This Rs 12 crore project, involving 18 kilometers of underground cabling, aims to enhance the reliability and safety of power supply.chandigarh

Source: HT, India News Calling
06 May2026

High Court Orders Removal of Encroachments by May 20

The Punjab and Haryana High Court has directed the Chandigarh Municipal Corporation (MC) to remove all encroachments from public places, including pavements and streets, by May 20. This order aims to restore public spaces for pedestrians and enforce the rule of law, addressing systemic issues of illegal occupation of public property.

Source: Hindustan Times
22 Sept2025

Heavy monsoon rainfall has caused extensive damage to Chandigarh's road infrastructure, affecting over 400 km of roads and leading to an estimated repair cost of Rs 80 crore. The Municipal Corporation (MC) is floating tenders worth over Rs 40 crore for recarpeting V4, V5, and V6 roads as part of these repair efforts. Road cave-ins and potholes have been reported across various locations, drawing criticism from the Federation regarding the poor road conditions. An internal assessment by the MC revealed that nearly 225 kilometers of city roads are in very poor condition and require urgent repairs, with an estimated cost of Rs 33 crore. The MC has received a boost with the approval of Rs 125 crore from the Government of India to revamp city roads, prioritizing essential works and directing officers to initiate work on the most critical areas first.

Source: The Tribune, Tribune News Service & 1 others
Phase-III Sector-48 Spotlight

Top Projects in Phase-III Sector-48, Chandigarh

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Neighborhood

Localities around Phase-III Sector-48, Chandigarh

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Average Sale Price
₹ 18,300/sq. ft
Avg Rental
₹ 25/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 18,300/sq. ft
Avg Rental
₹ 26/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 20,250/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 11,300/sq. ft
Avg Rental
₹ 21/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 16,500/sq. ft
Rental Yield
3.9%
6
New Projects
5
For Sale
1
For Rent
Average Sale Price
₹ 16,500/sq. ft
Rental Yield
3.9%
2
For Sale
10
For Rent
Average Sale Price
₹ 12,500/sq. ft
Rental Yield
3.9%
5
For Sale
5
For Rent
Average Sale Price
₹ 35,400/sq. ft
Rental Yield
3.9%
3
For Sale
7
For Rent
Average Sale Price
₹ 12,650/sq. ft
Rental Yield
3.9%
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