Chandigarh
The Kharar-Banur Road real estate market exhibits consistent growth, supported by a healthy mix of ready-to-move and under-construction residential inventory. Property prices have seen a positive trend, moving from ₹5,300 per sq ft to ₹5,400 per sq ft over the recent quarter. Rental demand is equally notable, with 3 BHK apartments commanding an average monthly rent of ₹35,350. This combination of capital appreciation and rental demand makes the region a focal point for both end-users and investors.
As of June 2026, the average asking price in Kharar-Banur Road stands at ₹5,400 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local real estate market.
Property price trends in Kharar-Banur Road have shown a slight fluctuation in the micromarket rate, which moved from ₹8,300 per sq ft in December 2025 to ₹8,450 per sq ft in March 2026, before settling at ₹8,400 per sq ft as of June 2026. This trajectory suggests a balanced market where demand and supply are currently adjusting to recent valuation levels.
As of June 2026, Ready To Move projects in Kharar-Banur Road are priced at an average of ₹5,250 per sq ft, having appreciated by 15.94% compared to the previous period. In contrast, Under Construction projects are currently available at ₹4,650 per sq ft, with prices remaining stable at 0% change over the same timeframe. This price gap often reflects the premium buyers are willing to pay for immediate possession versus the potential capital appreciation offered by under-construction inventory.
As of June 2026, 3 BHK apartments in Kharar-Banur Road command an average monthly rent of ₹35,350. This rental figure provides a benchmark for tenants looking for spacious residential options in the area, reflecting the current demand for larger family-oriented housing units.
Rental rates across sectors near Kharar-Banur Road are currently uniform at ₹50 per sq ft, though they exhibit varying growth trends. For instance, Sector 35 has seen a significant appreciation of 25% from the previous period, while Sector 33 has experienced a depreciation of 9.09%. Other areas like Sector 40 and Sector 49 have seen moderate growth of 4.35% and 4.17% respectively, highlighting that while the base rental rate is consistent, market sentiment and demand vary by specific sector.
As of June 2026, Ansal API Celebrity Suites leads the market with a listing rate of ₹8,250 per sq ft, followed by Ambika Green Avenue at ₹7,600 per sq ft. Other notable premium projects include Ubber Mews Gate at ₹6,150 per sq ft, which has seen a significant appreciation of 21.82% compared to the previous period, and KLV Signature Tower at ₹5,500 per sq ft. These rates reflect the diverse positioning of projects in the locality, ranging from premium developments to more accessible residential options.
As of June 2026, Advanced Stage projects in Kharar-Banur Road are priced at ₹8,250 per sq ft, having appreciated by 44.58% compared to the previous period, while Mid Stage projects are priced at ₹4,150 per sq ft, reflecting a depreciation of 7.97%. This significant spread indicates that projects nearing completion are attracting a higher premium due to reduced construction risk, whereas mid-stage projects may offer more competitive entry points for long-term investors.
Property rates in the broader region vary significantly, with Mohali Sector 125 reaching ₹12,200 per sq ft (an appreciation of 8.29% from the previous period) and Mohali Sector 126 at ₹9,550 per sq ft (an appreciation of 20.37%). In contrast, Kharar-Banur Road maintains a more accessible average of ₹5,400 per sq ft. Investors and homebuyers can use these comparisons to identify value-driven opportunities in Kharar-Banur Road relative to the higher-priced, premium sectors of Mohali.
