Chandigarh
Chandigarh's real estate sector shows steady growth, with property rates currently averaging ₹8,350 per sq ft. The market is well-segmented, offering a variety of residential choices that include both established ready-to-move units and newer construction phases. Rental demand remains robust, particularly for residential apartments where monthly costs vary significantly based on configuration. This diversity in housing stock ensures that both end-users and investors find opportunities tailored to their specific financial goals and possession timelines.
As of June 2026, the average asking price in Chandigarh stands at ₹8,350 per sq ft. This figure reflects a minor depreciation of 0.87% when compared to the previous quarter, indicating a period of relative price stability in the city's residential apartment market.
Property prices in Chandigarh have shown a mixed trajectory over the past year. While the average asking price was ₹8,350 per sq ft in March 2026 and ₹8,400 per sq ft in December 2025, the market saw a notable shift from ₹7,350 per sq ft in September 2025. This fluctuation suggests that while demand remains active, the market is currently consolidating after previous growth phases.
There is a significant price premium for villas compared to apartments in Chandigarh as of June 2026. Villas command an average price of ₹33,400 per sq ft, which has depreciated by 1.48% compared to the prior period. In contrast, apartments are priced at an average of ₹8,350 per sq ft, showing a depreciation of 0.87% over the same timeframe.
As of June 2026, ready-to-move properties in Chandigarh are priced at an average of ₹5,850 per sq ft, having appreciated by 2.87% compared to the previous period. Under-construction projects, meanwhile, are currently averaging ₹6,050 per sq ft, which reflects a depreciation of 19.18% over the same period, suggesting a shift in developer pricing strategies for new inventory.
The average rental yield in Chandigarh is currently 2.87% as of June 2026. This yield, paired with an average rental rate of ₹20 per sq ft, provides investors with a baseline for assessing income potential relative to the capital investment required for property ownership in the city.
Rental rates in Chandigarh vary significantly based on the unit size as of June 2026. A 1 BHK apartment typically rents for ₹13,550 per month, while a 2 BHK unit averages ₹22,700 per month. For larger requirements, 3 BHK units command an average of ₹38,100 per month, and 4 BHK units reach an average of ₹74,800 per month, catering to a diverse range of tenant profiles from young professionals to large families.
Several projects in the Chandigarh region are currently leading the rental market as of June 2026. Sushma Joynest MOH in Bir Chhat leads with a current rental rate of ₹20 per sq ft, showing a 25% appreciation. Other prominent projects include Omaxe Ambrosia and Omaxe The Resort in Mullanpur, both maintaining a rate of ₹19 per sq ft, while Ambika Florence Park, also in Mullanpur, follows at ₹18 per sq ft, reflecting a 5.88% appreciation.
As of June 2026, rental rates for commercial and residential properties in Chandigarh show distinct trends. Office spaces are currently commanding an average rental rate of ₹100 per sq ft, though this has seen a depreciation of 3.16% over the period. Meanwhile, both villas and apartments are averaging ₹50 per sq ft, with apartments maintaining stable pricing (0% change) and villas experiencing a significant depreciation of 22.22%.
Properties categorized as 'Partially Ready To Move' in Chandigarh are currently priced at an average of ₹12,600 per sq ft as of June 2026. This segment has experienced a substantial appreciation of 43.16% compared to the previous period, which often signals high demand for units that are nearing completion or offer immediate partial occupancy.
The current average asking price of ₹8,350 per sq ft in June 2026, coupled with a marginal quarterly change, suggests a balanced market environment. For buyers, this stability indicates that the market is currently not experiencing rapid speculative inflation, allowing for more measured decision-making when evaluating residential options.
