Property Rates in Chandigarh - Avg ₹8,350/sq ft

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Property Rates in Chandigarh

Property rates in Chandigarh average ₹8,350 per sq ft. After a period of growth, the market shows signs of stabilization with a slight dip compared to the previous quarter. The city maintains a healthy rental yield of 2.87%, supported by a diverse inventory mix. With projects ranging from new launches to ready-to-move options, the region provides consistent opportunities for buyers and investors seeking long-term value in a well-established urban environment.

Asking Sale Price

₹ 8,350/sq ft

For apartment

Average Rental

₹ 20/sq ft

Rental Yield

+ 2.87%

Insights

Insights for Chandigarh Real Estate Market Overview

The Chandigarh real estate market currently reflects a balanced landscape where property values have adjusted to ₹8,350 per sq ft. Recent trends show a shift from the peak rates observed in late 2025, offering a more stable entry point for prospective buyers. Rental demand remains steady, with an average yield of 2.87% and competitive monthly rates across various BHK configurations. The supply side is robust, featuring a significant volume of ready-to-move inventory alongside selective new launches that cater to modern residential requirements.

Ready-to-move projects continue to dominate the market with 100 units available at an average price of ₹5,850 per sq ft.
The premium residential segment is highlighted by BSNL Society in Sector 50, which commands an asking rate of ₹21,700 per sq ft.
Rental rates for 4 BHK apartments reach an average of ₹74,800 per month, reflecting strong demand for larger living spaces.
Office space rentals are currently positioned at ₹100 per sq ft, despite a moderate market adjustment of -3.16%.
New launch projects are entering the market at an average price point of ₹6,400 per sq ft, showing a positive growth trend of 3.84%.

Market Strengths

The market maintains a robust rental yield of 2.87%, attracting consistent interest from long-term investors.
Ready-to-move inventory continues to show strength with a 2.87% price increase, signaling high demand for immediate possession.
New launch projects are gaining momentum with a 3.84% price appreciation, indicating developer confidence.
Well-occupied projects have seen a strong price growth of 17.96%, highlighting the value of established communities.
Advanced stage projects are showing significant appreciation of 18.5%, suggesting steady value creation during the construction phase.

Market Challenges

Under-construction projects have seen a price correction of -19.18%, indicating a volatile period for off-plan investment.
Office space rentals have experienced a decline of -3.16%, currently averaging ₹100 per sq ft.
Villa rental rates have seen a significant downward adjustment of -22.22%, now averaging ₹50 per sq ft.
The villa sales segment recorded a price change of -1.48%, reflecting a softening in the high-end luxury category.

Investment Opportunities

Capitalize on the 2.87% rental yield, which remains a solid benchmark for residential property investments in the city.
Consider ready-to-move projects priced at ₹5,850 per sq ft, which have shown a positive growth of 2.87% recently.
Explore 1 BHK apartments for rent, providing an entry-level rental income stream at an average of ₹13,550 per month.
Target the new launch segment at ₹6,400 per sq ft, which exhibits a growth trend of 3.84%.

Top Micromarkets in Chandigarh

Chandigarh Sectors

Avg Price ₹ 39,050 /sqft

YOY + 2.72 %

Avg Rent ₹ 24 /sq ft

YIELD + 0.74

LISTINGS 374

Mullanpur

Avg Price ₹ 8,300 /sqft

YOY + 3.91 %

Avg Rent ₹ 18 /sq ft

YIELD + 2.60

LISTINGS 2,119

Derabassi

Avg Price ₹ 5,200 /sqft

YOY + 10.51 %

Avg Rent ₹ 16 /sq ft

YIELD + 3.69

LISTINGS 82

Kharar

Avg Price ₹ 9,000 /sqft

YOY -2.09 %

LISTINGS 1,016

Mohali

Avg Price ₹ 8,450 /sqft

YOY + 1.92 %

Avg Rent ₹ 16 /sq ft

YIELD + 2.27

LISTINGS 278

Price Trend

Chandigarh Property Price Trends and Appreciation

The Chandigarh real estate market has experienced notable shifts, moving from ₹7,100 per sq ft in June 2025 to a peak of ₹8,400 per sq ft by December 2025. As of March 2026, the average rate has stabilized at ₹8,350 per sq ft. This trajectory highlights a period of significant value appreciation followed by a recent minor adjustment.

Asking Price Trends

₹ 8,350/sq.ft. -0.87 % QoQ

Jun 2025 — Mar 2026

Quarter	City Rate
Mar 2026	8350
Dec 2025	8400
Sep 2025	7350
Jun 2025	7100

About Asking Price Trends

Chandigarh Property Price Comparison

By Property Type
By Property Status

Type	Rate (₹/sq.ft)	Change %
Villa	33,400	-1.5
Apartment	8,350	-0.9

Chandigarh's real estate market caters to diverse buyer preferences across property categories. Residential apartments are priced at ₹8,350 per sq ft, reflecting a -0.87% change, while villa options are available at a premium average of ₹33,400 per sq ft with a -1.48% change. These segments offer varied investment appetites for those looking at different lifestyle choices.

Status	No of Project	Rate (₹/sq.ft)	Change %
Ready To Move	114	5,841	4.9
Under Construction	4	6,050	-19.2
New Launch	4	6,400	3.8

The Chandigarh market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 100 units, averages ₹5,850 per sq ft with a 2.87% increase, appealing to immediate occupancy seekers. Under Construction projects present 4 opportunities at ₹6,050 per sq ft showing a -19.18% trend, while new launches average ₹6,400 per sq ft.

Project & Developer Insights

Top Residential Projects and Developers in Chandigarh

DLF ₹ 70.5 L - ₹ 3.35 Cr

6 Projects
70 Years

Emaar ₹ 58.9 L - ₹ 1.67 Cr

4 Projects
14 Years

Godrej

1 Projects
29 Years

Omaxe ₹ 25.65 L - ₹ 2.43 Cr

12 Projects
32 Years

ATS ₹ 36.01 L - ₹ 2.56 Cr

6 Projects
20 Years

Suncity ₹ 1.20 Cr - ₹ 4.09 Cr

1 Projects
23 Years

Hero Realty Ltd ₹ 49.92 L - ₹ 92.63 L

1 Projects
13 Years

TDI Infrastructure ₹ 35.00 L - ₹ 92.90 L

13 Projects

Ubber Group ₹ 23.90 L - ₹ 23.90 L

6 Projects

Manohar Singh ₹ 35.79 L - ₹ 1.48 Cr

5 Projects

Top Projects by Listing Rates

Listing Rate
By Rental

Project Name	Rate (₹/sq.ft)	Change %
Bsnl Society, Sector 50	21,700	8.3
Janta Land Falcon View, Mohali Sector 66	16,500	-
Gmada Eco City, North Mullanpur	16,400	-
Homeland Buildwell Heights, Mohali Sector 70	13,750	-0.3
Beverly Golf Avenue, Mohali Sector 65	12,600	-1.7
Ashiana Enclave, Phase-iii Sector-48	11,000	-
Atulyam The Bliss, Mohali Sector 88	10,500	-1.6
Ambika La Parisian, Mohali Sector 66b	10,300	8.3
Omaxe Celestia Royal, North Mullanpur	9,900	6.8
Gillco Parkhills, Mohali Sector 126	9,800	1

Premium residential developments in Chandigarh are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, BSNL Society in Sector 50 is priced at ₹21,700 per sq ft with an 8.32% increase, setting a high-value benchmark. Janta Land Falcon View in Mohali follows with ₹16,500 per sq ft, while GMADA Eco City in Mullanpur is priced at ₹16,400 per sq ft. These top-tier developments represent the aspirational segment of the market.

Project Name	Rate (₹/sq.ft)	Change %
Sushma Joynest Moh, Bir Chhat	20	25
Omaxe Ambrosia, North Mullanpur	19	-
Omaxe The Resort, South Mullanpur	19	-
Ambika Florence Park, North Mullanpur	18	5.9
Omaxe Lake, North Mullanpur	18	-5.3
The Address Mullanpur, North Mullanpur	18	-14.3
Surya Homes Chandigarh, Central Derabassi	18	-
Manohar Singh Palm Residency, North Mullanpur	18	-
Omaxe Silver Birch, North Mullanpur	16	-5.9
Omaxe New Chandigarh, North Mullanpur	16	-5.9

Top projects demonstrate varied rental performance, with Sushma Joynest MOH leading with a current rate of ₹20 per sq ft after a 25% increase. Omaxe Ambrosia and Omaxe The Resort both command ₹19 per sq ft. Meanwhile, Ambika Florence Park rentals have risen by 5.88% to reach ₹18 per sq ft.

Rental Trends

Rental Trends and Average Rent in Chandigarh

Residential rental demand is structured across various unit types, with 1 BHK apartments averaging ₹13,550 per month. Rent for 2 BHK units stands at ₹22,700 per month, while 3 BHK configurations command an average of ₹38,100 per month. Larger 4 BHK apartments represent the premium rental segment at ₹74,800 per month. Rental rates for apartment properties average ₹50 per sq ft, maintaining stability with a 0% change. Office spaces command a higher rate of ₹100 per sq ft despite a recent -3.16% change. Villas are also currently renting at an average of ₹50 per sq ft, following a -22.22% change. Top projects demonstrate varied rental performance, with Sushma Joynest MOH leading with a current rate of ₹20 per sq ft after a 25% increase. Omaxe Ambrosia and Omaxe The Resort both command ₹19 per sq ft. Meanwhile, Ambika Florence Park rentals have risen by 5.88% to reach ₹18 per sq ft.

Chandigarh Rent Comparison

By Unit Type
By Property Type

Unit Type	Rate (₹)
1 Bhk	13,550
2 Bhk	22,700
3 Bhk	38,100
4 Bhk	74,800

Property Type	Rate (₹/sq.ft)	Change %
Office Space	100	-3.2
Villa	50	-22.2
Apartment	50	-

Rental rates for apartment properties average ₹50 per sq ft, maintaining stability with a 0% change. Office spaces command a higher rate of ₹100 per sq ft despite a recent -3.16% change. Villas are also currently renting at an average of ₹50 per sq ft, following a -22.22% change.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /sq.ft

Govt Registration Rate ₹ 18,350 /sq.ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /sq.ft

Govt Registration Rate ₹ 13,950 /sq.ft

Delhi

Avg. Asking Price ₹ 18,350 /sq.ft

Thane

Avg. Asking Price ₹ 15,350 /sq.ft

Govt Registration Rate ₹ 9,500 /sq.ft

Gurgaon

Avg. Asking Price ₹ 14,850 /sq.ft

Pune

Avg. Asking Price ₹ 12,950 /sq.ft

Govt Registration Rate ₹ 8,750 /sq.ft

Bangalore

Avg. Asking Price ₹ 12,100 /sq.ft

Govt Registration Rate ₹ 5,900 /sq.ft

Noida

Avg. Asking Price ₹ 11,750 /sq.ft

Govt Registration Rate ₹ 8,900 /sq.ft

Hyderabad

Avg. Asking Price ₹ 9,300 /sq.ft

Govt Registration Rate ₹ 3,700 /sq.ft

Chennai

Avg. Asking Price ₹ 7,900 /sq.ft

Top Localities in Chandigarh By Property Prices

Sector 63

Avg. Asking Price ₹ 12,500 /sq.ft

Sector 45

Avg. Asking Price ₹ 11,300 /sq.ft

New Chandigarh

Avg. Asking Price ₹ 9,850 /sq.ft

Phase-I Sector 1-19

Avg. Asking Price ₹ 9,250 /sq.ft

Sector 67

Avg. Asking Price ₹ 9,050 /sq.ft

Mohali Sector 85

Avg. Asking Price ₹ 8,400 /sq.ft

Aerocity

Avg. Asking Price ₹ 8,300 /sq.ft

Mullanpur

Avg. Asking Price ₹ 7,850 /sq.ft

Sector 52

Avg. Asking Price ₹ 5,500 /sq.ft

Kharar-Banur Road

Avg. Asking Price ₹ 5,400 /sq.ft

FAQ

Frequently Asked Questions About Property Rates in Chandigarh

What is the current average asking price in Chandigarh?

As of March 2026, the average asking price in Chandigarh stands at ₹8,350 per sq ft. This figure reflects a minor depreciation of 0.87% compared to the previous period, indicating a period of relative price stability in the city's residential market.

How have property prices in Chandigarh trended over the last year?

Property prices in Chandigarh have shown a fluctuating trajectory, moving from ₹7,100 per sq ft in June 2025 to ₹7,350 per sq ft in September 2025, and peaking at ₹8,400 per sq ft in December 2025, before settling at ₹8,350 per sq ft as of March 2026. This trend suggests a period of significant growth followed by a slight correction, which is typical for a maturing real estate market.

How do property rates in Chandigarh differ between villas and apartments?

As of March 2026, villas in Chandigarh command a significantly higher average price of ₹33,400 per sq ft, which has seen a depreciation of 1.48% compared to the previous period. In contrast, apartments are priced at an average of ₹8,350 per sq ft, also experiencing a slight depreciation of 0.87% over the same timeframe. This price gap highlights the premium nature of villa living compared to the more accessible apartment segment.

What is the price difference between Ready To Move and Under Construction projects in Chandigarh?

As of March 2026, Ready To Move projects in Chandigarh are priced at ₹5,850 per sq ft, having appreciated by 2.87% compared to the previous period, while Under Construction projects are priced at ₹6,050 per sq ft, reflecting a depreciation of 19.18% over the same period. The higher price for Under Construction units relative to the Ready To Move segment suggests that newer, modern developments are currently positioning themselves at a premium despite the recent market adjustment.

What is the average rental yield in Chandigarh, and what does it signify for investors?

The average rental yield in Chandigarh is 2.87% as of March 2026, with an average rental rate of ₹20 per sq ft. This yield provides a baseline for investors to evaluate the income-generating potential of their properties relative to the capital investment, helping them compare the return on investment against other asset classes.

How do monthly rental rates vary by BHK configuration in Chandigarh?

As of March 2026, rental rates in Chandigarh scale significantly with size: 1 BHK units average ₹13,550 per month, 2 BHK units average ₹22,700 per month, 3 BHK units average ₹38,100 per month, and 4 BHK units average ₹74,800 per month. This tiered pricing allows tenants to select housing that aligns with their specific space requirements and budget, while landlords can use these benchmarks to price their assets competitively.

Which projects in Chandigarh currently command the highest rental rates?

As of March 2026, premium rental projects include Sushma Joynest MOH at ₹20 per sq ft (which appreciated by 25% compared to the previous period), Omaxe Ambrosia at ₹19 per sq ft, and Omaxe The Resort at ₹19 per sq ft. These projects, located in micromarkets like Mohali and Mullanpur, represent the top end of the rental market, often attracting tenants due to their specific amenities and strategic locations.

How do rental rates for different property types compare in Chandigarh?

As of March 2026, office spaces in Chandigarh command the highest average rental rate at ₹100 per sq ft, despite a depreciation of 3.16% compared to the previous period. Villas and apartments both average ₹50 per sq ft, with apartments showing stable rates (0% change) and villas experiencing a significant depreciation of 22.22% over the same period.

Which residential projects in Chandigarh have the highest listing rates?

As of March 2026, BSNL Society in Sector 50 leads with a listing rate of ₹21,700 per sq ft, having appreciated by 8.32% compared to the previous period. Other high-value projects include Janta Land Falcon View in Mohali at ₹16,500 per sq ft and GMADA Eco City in North Mullanpur at ₹16,400 per sq ft, both of which have remained stable with 0% price change over the same period.

How should a buyer interpret the status-wise price variations in Chandigarh?

Buyers should note that as of March 2026, prices vary widely by project status, ranging from ₹5,250 per sq ft for Well Occupied projects to ₹12,600 per sq ft for Partially Ready To Move units. The significant appreciation in categories like Advanced Stage (18.5%) and Partially Ready To Move (43.16%) suggests that projects nearing completion or offering immediate occupancy are seeing strong demand, which buyers should factor into their investment timelines.

Top Appreciating Localities in Chandigarh