Bhabat is currently a significant residential hub in Zirakpur, with property prices averaging ₹6,350 per sq ft. The area provides a mix of ready-to-move and under-construction projects, catering to buyers with varying timelines and preferences. Rental demand remains steady, supported by competitive monthly rates for 2 BHK and 3 BHK apartment units. The market shows a dynamic interplay between different property types, with villas and apartments each occupying distinct segments of the local economy.
The average asking price in Bhabat is ₹6,350 per sq ft as of June 2026. This figure reflects a market depreciation of 0.81% compared to the previous reporting period, suggesting a period of price adjustment in this locality.
Property prices in Bhabat have shown a fluctuating trajectory, with the location rate moving from ₹5,050 per sq ft in September 2025 to ₹6,400 per sq ft in December 2025, before settling at ₹6,050 per sq ft as of June 2026. This trend highlights the dynamic nature of the local real estate market, where buyers and investors should monitor quarterly shifts to identify optimal entry points.
As of June 2026, ready-to-move properties in Bhabat are priced at ₹6,150 per sq ft, having appreciated significantly by 26.11% over the observed period. In contrast, under-construction properties are currently priced at ₹6,300 per sq ft, showing a slight depreciation of 0.96% compared to the previous period. This pricing structure suggests that established ready-to-move inventory has seen strong demand, while under-construction segments are currently undergoing a minor price correction.
Property rates in Bhabat, currently at ₹6,350 per sq ft, are positioned higher than many surrounding areas such as Vip Road (₹5,100 per sq ft), Lohgarh (₹5,600 per sq ft), and High Ground (₹5,800 per sq ft). However, the area remains more affordable than Utrathiya, which commands a higher average rate of ₹9,050 per sq ft. These variations allow buyers to choose between premium locations or more budget-friendly options depending on their investment goals.
The rental yield in Bhabat stands at 3.21% as of June 2026, providing a baseline for investors evaluating the income potential of their residential assets. While the overall average rental rate is ₹17 per sq ft, which has depreciated by 5.56% over the period, this yield metric helps investors compare the potential annual rental income against the current capital investment required for property acquisition in the locality.
As of June 2026, rental rates in Bhabat vary by unit size, with 2 BHK apartments averaging ₹25,400 per month and 3 BHK apartments averaging ₹28,250 per month. These figures provide prospective tenants and landlords with a clear understanding of the monthly outgoings or income expectations for standard residential apartments in the area.
Urban The Zirk and Highland Park Chandigarh are two prominent projects in Bhabat. As of June 2026, Urban The Zirk is listed at ₹6,300 per sq ft, showing a depreciation of 0.96%, while Highland Park Chandigarh is priced at ₹6,150 per sq ft, having appreciated by 26.11% over the observed period. These projects represent key residential options for those looking to invest or reside in the Bhabat locality.
Buyers should use the property rate data for Bhabat to track price movements and compare the value of different property types, such as apartments currently at ₹6,050 per sq ft or villas at ₹7,150 per sq ft. By observing the appreciation or depreciation trends—such as the 4.72% depreciation in apartment prices—investors can make informed decisions about whether the current market conditions align with their long-term financial objectives.
