Panipat
The real estate market in GT Road serves as a key commercial and residential corridor in Panipat, characterized by strong demand for both retail and housing. While residential apartments in Sector 36 maintain a steady price point, the commercial sector showcases premium valuations for shop spaces. Rental growth remains a standout feature, with several established localities experiencing significant upward adjustments in monthly rates. Developers continue to focus on this high-traffic zone to leverage its connectivity and established infrastructure.
As of March 2026, the average asking price in Sector 36 stands at ₹11,100 per sq ft. This rate has remained stable with a 0% change, indicating that prices have held steady over the recent period compared to the previous quarter.
The average asking price for shops in GT Road is ₹30,100 per sq ft as of March 2026. This pricing has remained consistent with a 0% change, reflecting a stable market environment for commercial property seekers in this locality.
Rental rates in the vicinity of GT Road are currently consistent across several key neighbourhoods, with Huda, Ansals Sushant City, and Sector 18 all commanding an average rental rate of ₹50 per sq ft as of March 2026. While the rates are uniform, the growth trajectories differ significantly: Huda has seen a notable appreciation of 45.45% compared to the previous period, while Sector 18 and Ansals Sushant City have experienced appreciation of 21.43% and 20%, respectively.
The significant rental appreciation in Huda and Ansals Sushant City suggests a strengthening rental demand in these areas as of March 2026. Specifically, Huda has recorded a 45.45% increase in rental rates, while Ansals Sushant City has seen a 20% rise compared to the previous period. For landlords, this upward trend signals improving yield potential and a competitive market where properties are increasingly valued by tenants.
While rental rates in areas like Huda, Ansals Sushant City, and Sector 18 are currently pegged at ₹50 per sq ft as of March 2026, the varying appreciation percentages highlight distinct growth patterns. Investors should note that Huda's 45.45% appreciation reflects a faster-growing rental market compared to the 20% growth seen in Ansals Sushant City. These figures help investors identify which neighbourhoods are gaining momentum in rental income generation relative to the broader Panipat market.
