Shimla
Shimla's property market shows a clear focus on the residential apartment segment, which has seen a marked increase in valuation recently. While the overall city average sits at ₹6,400 per sq ft, apartment units are currently commanding a premium, trading at ₹9,600 per sq ft. This divergence suggests that buyers are willing to pay more for specific property types that offer better value or modern amenities. Market trends indicate that prices have steadied after recent quarterly shifts.
The average asking price in Shimla is ₹6,400 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential market.
Property prices in Shimla have shown a notable shift, reaching ₹9,600 per sq ft as of June 2026 compared to ₹6,400 per sq ft in December 2025. While the market experienced a period of stability at ₹6,400 per sq ft throughout late 2025, the latest data for June 2026 reflects an upward movement in city-wide rates.
The average asking price for apartments in Shimla is ₹9,600 per sq ft as of June 2026. This segment has seen significant appreciation, rising by 49.37% when compared to previous valuation benchmarks, signaling strong demand for apartment-style living in the region.
