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, reflecting a stable price environment following recent quarterly adjustments. The city provides a wide spectrum of residential options, ranging from premium villas to well-integrated apartment complexes. With a rental yield of 2.87%, the market appeals to both long-term investors and those seeking immediate occupancy. Notably, the ready-to-move segment continues to attract significant interest, supported by a diverse inventory of projects across established sectors.

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

Chandigarh's real estate sector maintains a balanced growth trajectory, characterized by a steady average asking price and consistent demand across various property stages. Price trends indicate a recent adjustment, with values moving from ₹7,100 per sq ft earlier in 2025 to the current level of ₹8,350 per sq ft. The rental market remains active, with residential apartments commanding monthly rents between ₹13,550 and ₹74,800 depending on the configuration. Developers are actively catering to diverse buyer profiles, offering everything from new launches to fully occupied projects.

Ready-to-move projects command an average price of ₹5,850 per sq ft, showing a positive growth of 2.87%.
Villas represent the premium segment of the market with an average price of ₹33,400 per sq ft.
The residential rental yield stands at 2.87%, highlighting a steady income potential for property owners.
New launch projects are currently priced at ₹6,400 per sq ft, reflecting a 3.84% increase.
Office spaces for rent are available at an average rate of ₹100 per sq ft.

Market Strengths

Broad price range across project stages allows for diverse investment and end-user participation.
Strong rental demand for residential apartments, with 3 BHK units averaging ₹38,100 per month.
Significant inventory of 100 ready-to-move units provides immediate liquidity and housing options.
Positive price trends in the ready-to-move segment confirm sustained buyer confidence.
High-value projects like BSNL Society demonstrate the market's capacity to support premium luxury pricing.

Market Challenges

Villas have experienced a price adjustment of -1.48%, reflecting a softening in the ultra-luxury segment.
Under-construction projects have seen a price change of -19.18%, indicating a need for careful project selection.
Office space rental rates have observed a decline of -3.16%, suggesting a shift in commercial leasing dynamics.
Villa rental rates have faced a significant change of -22.22%.

Investment Opportunities

Residential rental yield of 2.87% provides a stable secondary income stream for property investors.
Ready-to-move projects offer a reliable entry point at an average of ₹5,850 per sq ft with 2.87% price growth.
New launch projects represent a growth opportunity at ₹6,400 per sq ft, currently seeing a 3.84% increase.
Mid-stage projects priced at ₹6,150 per sq ft offer a balanced risk-reward ratio with 7.79% growth.

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 2,075

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 ₹ 8,461 /sqft

YOY + 1.92 %

Avg Rent ₹ 20 /sq ft

YIELD + 2.84

LISTINGS 342

Price Trend

Chandigarh Property Price Trends and Appreciation

Property rates in Chandigarh have seen a progressive climb over the last year, moving from ₹7,100 per sq ft in June 2025 to ₹7,350 per sq ft by September. The upward momentum continued through the end of the year, reaching ₹8,400 per sq ft in December 2025. As of March 2026, the market has stabilized at an average of ₹8,350 per sq ft.

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 options include apartments priced at ₹8,350 per sq ft, which have experienced a slight shift of -0.87%. Meanwhile, the villa segment commands a premium at ₹33,400 per sq ft, reflecting a change of -1.48%.

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 growth of 2.87%, appealing to immediate occupancy seekers. Under Construction projects present 4 opportunities at ₹6,050 per sq ft, while new launches average ₹6,400 per sq ft with a 3.84% increase.

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

Altus Space Builders Pvt Ltd

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. BSNL Society in Sector 50 leads the segment, priced at ₹21,700 per sq ft with an 8.32% increase. Janta Land Falcon View in Mohali Sector 66 follows at ₹16,500 per sq ft, while GMADA Eco City in North Mullanpur is positioned at ₹16,400 per sq ft.

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 in the rental market include Sushma Joynest MOH, which commands ₹20 per sq ft with a 25% increase. Omaxe Ambrosia and Omaxe The Resort both offer rental rates of ₹19 per sq ft. Additionally, Ambika Florence Park is priced at ₹18 per sq ft, showing a positive growth of 5.88% in its rental value.

Rental Trends

Rental Trends and Average Rent in Chandigarh

Residential rental rates in Chandigarh are structured to accommodate different family sizes and budgets. A 1 BHK apartment typically rents for ₹13,550 per month, while 2 BHK units average ₹22,700 per month. Those seeking more space can opt for 3 BHK units at ₹38,100 per month or 4 BHK configurations which command an average of ₹74,800 per month. The rental market in Chandigarh shows varied performance across property types. Office spaces currently average ₹100 per sq ft, experiencing a change of -3.16%. Both villas and apartments are available at an average rental rate of ₹50 per sq ft, with apartments maintaining stability at 0% change, while villas have seen a shift of -22.22%. Top projects in the rental market include Sushma Joynest MOH, which commands ₹20 per sq ft with a 25% increase. Omaxe Ambrosia and Omaxe The Resort both offer rental rates of ₹19 per sq ft. Additionally, Ambika Florence Park is priced at ₹18 per sq ft, showing a positive growth of 5.88% in its rental value.

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	-

The rental market in Chandigarh shows varied performance across property types. Office spaces currently average ₹100 per sq ft, experiencing a change of -3.16%. Both villas and apartments are available at an average rental rate of ₹50 per sq ft, with apartments maintaining stability at 0% change, while villas have seen a shift of -22.22%.

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 is ₹8,350 per sq ft. This figure represents a slight market correction, having depreciated by 0.87% compared to the previous period. Monitoring these trends is useful for buyers to gauge the overall affordability and market sentiment in the city.

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, reaching ₹8,400 per sq ft in December 2025, and settling at ₹8,350 per sq ft as of March 2026. This recent movement suggests a period of price stabilization following the growth observed in the latter half of 2025.

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

As of March 2026, villas in Chandigarh command a significantly higher average price of ₹33,400 per sq ft, which has depreciated by 1.48% compared to the previous period. In contrast, apartments are priced at an average of ₹8,350 per sq ft, also reflecting a 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. Meanwhile, Under Construction projects are priced at ₹6,050 per sq ft, which reflects a depreciation of 19.18% over the same period. Investors and homebuyers can use these figures to weigh the immediate utility of completed homes against the potential value proposition of newer developments.

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

The average rental yield in Chandigarh stands at 2.87% as of March 2026, with an average rental rate of ₹20 per sq ft, which has remained stable with 0% change. For investors, a rental yield of 2.87% provides a benchmark for the annual income potential relative to the capital investment in residential property. This stability in rental rates suggests a consistent demand pattern for leased properties across the city.

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

As of March 2026, rental rates in Chandigarh are tiered by unit size: 1 BHK apartments 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 progression allows prospective tenants to align their housing requirements with their monthly budget, while landlords can use these figures to benchmark their rental expectations.

Which projects in Chandigarh currently command the highest rental rates?

As of March 2026, premium rental projects in Chandigarh include Sushma Joynest MOH at ₹20 per sq ft (which has appreciated by 25%), followed by Omaxe Ambrosia and Omaxe The Resort, both at ₹19 per sq ft with stable rates. Other notable projects like Ambika Florence Park, Omaxe Lake, and The Address Mullanpur command ₹18 per sq ft. These rates reflect the premium placed on specific projects due to their amenities, location, and overall market positioning.

How should a buyer interpret the listing rates of top projects in Chandigarh?

Listing rates for top projects in Chandigarh, such as BSNL Society at ₹21,700 per sq ft (which appreciated by 8.32% from the previous period) and Janta Land Falcon View at ₹16,500 per sq ft (with stable pricing), serve as a barometer for premium market segments. When evaluating these projects, buyers should compare these rates against the city average of ₹8,350 per sq ft to understand the premium they are paying for specific localities like Sector 50 or Mohali Sector 66.

What are the rental trends for different property types in Chandigarh?

As of March 2026, rental rates for office spaces in Chandigarh average ₹100 per sq ft, showing a depreciation of 3.16%. Villas and apartments both command an average rental rate of ₹50 per sq ft; however, while apartment rents have remained stable with 0% change, villa rents have seen a significant depreciation of 22.22% compared to the previous period. This data helps commercial and residential tenants understand the current cost of leasing in the city.

What does the price movement in 'Partially Ready To Move' projects indicate?

As of March 2026, 'Partially Ready To Move' projects in Chandigarh are priced at ₹12,600 per sq ft, marking a substantial appreciation of 43.16% compared to the previous period. This sharp increase often signals high demand for properties that are nearing completion or have reached a significant milestone, making them attractive to buyers who want the benefits of a new home without the long wait times of early-stage construction.

Top Appreciating Localities in Chandigarh