Chandigarh
Aerocity has established itself as a prominent residential destination in the Chandigarh region, currently maintaining an average property rate of ₹8,300 per sq ft. Recent price trends show a balanced market, with rates holding steady after reaching their current levels by the end of 2025. The rental sector is equally active, with various nearby localities recording a consistent rental rate of ₹50 per sq ft, reflecting a healthy demand for leased properties. This stability across both sale and rental segments highlights the area's enduring appeal to end-users and investors.
As of June 2026, the average asking price in Aerocity is ₹8,300 per sq ft. This rate has remained stable, showing 0% change compared to the previous period, which indicates a period of price consolidation in the local residential market.
The property price trend in Aerocity has shown fluctuations over the past year. While the average asking price stood at ₹8,300 per sq ft in June 2026, the micromarket rate was recorded at ₹8,200 per sq ft for the same period. Looking back at the trajectory, the micromarket rate moved from ₹8,000 per sq ft in September 2025 to ₹8,300 in December 2025, peaked at ₹8,450 in March 2026, and subsequently adjusted to ₹8,200 by June 2026.
Property rates in the vicinity of Aerocity vary significantly depending on the specific sector or locality. As of June 2026, Sector 49 commands a higher average asking price of ₹18,300 per sq ft, having appreciated by 16.14% compared to the prior period. In contrast, Bir Chhat offers a more accessible entry point at ₹6,700 per sq ft, which has appreciated by 4.3% over the same timeframe. Other areas like Mohali Sector 65 remain premium, with an average asking price of ₹12,650 per sq ft, reflecting a modest appreciation of 0.54%.
Villas in Aerocity are positioned at a significant premium compared to apartments. As of June 2026, the average price for a villa is ₹17,450 per sq ft, which has seen a slight depreciation of 0.14% compared to the previous period. Meanwhile, apartments are priced at an average of ₹8,300 per sq ft, a rate that has remained stable with 0% change over the same period.
Rental rates across neighbourhoods near Aerocity are currently uniform at ₹50 per sq ft, though their growth trajectories differ significantly. For instance, as of June 2026, rental rates in Sector 35 have appreciated by 25% compared to the previous period, while Central Derabassi has seen a 12.5% appreciation. Conversely, rental rates in Sector 33 have experienced a depreciation of 9.09% over the same period. Other areas like Sector 50, Sector 45, and Sector 20 have maintained stable rental rates with 0% change.
Investors should note that while the average rental rate across several surrounding sectors is ₹50 per sq ft as of June 2026, the market is showing varied momentum. High-growth areas like Sector 35, which saw a 25% appreciation in rental rates, suggest strong tenant demand, whereas areas with depreciating or stagnant rental rates may indicate a surplus of supply or a market correction. Prospective investors should monitor these specific sector-level shifts to gauge the potential for future rental income growth.
