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Property Rates in Manimajra, Chandigarh
Comprehensive Market Snapshot
Manimajra's property market currently shows an asking price of ₹9,965 per sq ft, with no reported registration rates. The average rental rate stands at ₹18 per sq ft, offering a rental yield of 2.17%. Apartments are the primary focus in the rental market, with 1 BHK units averaging ₹16,000 per month, 2 BHK at ₹20,451, and 3 BHK at ₹29,667.
- Apartments are priced at ₹9,965 per sq ft, showing a 1.22% increase.
- Villas command a higher average price of ₹22,174 per sq ft, with a notable 15.98% growth.
- The overall average rental rate is ₹18 per sq ft with a rental yield of 2.17%.
- 1 BHK apartments rent for an average of ₹16,000 per month.
- 2 BHK apartments are available for an average of ₹20,451 per month.
- Asking Sale Price₹ 9,965 /sq.ft
- Average Rental₹ 18 /sq.ft
- Rental Yield2.17 %
Insights for Manimajra, Chandigarh Real Estate Market
Manimajra's real estate market presents a dynamic picture with an average asking price of ₹9,965 per sq ft. While registration rates are not available, the rental market is active, showing an average rental rate of ₹18 per sq ft and a rental yield of 2.17%. The price trend data from Mar 2026 indicates a projected asking price of ₹9,965 per sq ft, a slight decrease from Dec 2025's ₹9,845, but a notable jump from Sep 2025's ₹11,082. Residential apartments are priced at ₹9,965 per sq ft with a modest 1.22% increase, while villas are priced higher at ₹22,174 per sq ft, reflecting a substantial 15.98% growth. In the rental segment, 1 BHK apartments average ₹16,000 per month, 2 BHK units are at ₹20,451, and 3 BHK apartments fetch ₹29,667 per month. Sub-locations like Sector 18 and Sector 33 show higher average rental rates at ₹33 per sq ft, while Sector 13 averages ₹19 per sq ft.
- Apartments in Manimajra are priced at ₹9,965 per sq ft, experiencing a 1.22% increase.
- Villas showcase strong appreciation, averaging ₹22,174 per sq ft with a 15.98% growth.
- The rental market yields 2.17% with average rents for apartments at ₹18 per sq ft.
- Rental rates vary significantly by location, with Sector 18 and Sector 33 commanding ₹33 per sq ft, while Sector 13 is at ₹19 per sq ft.
- BHK-wise rentals show a clear progression, from ₹16,000 for 1 BHK to ₹29,667 for 3 BHK apartments.
Property Price Trends in Manimajra, Chandigarh
Manimajra's asking prices have seen fluctuations over the past quarters. While projected for March 2026 at ₹9,965 per sq ft, prices dipped from September 2025's ₹11,082 to December 2025's ₹9,845. The market is anticipated to reach ₹9,965 per sq ft by March 2026, showing a slight recovery from earlier lows.
Manimajra's real estate market caters to diverse buyer preferences across property categories. Apartments are priced at ₹9,965 per sq ft, showing a modest 1.22% increase. Villas represent a premium segment, averaging ₹22,174 per sq ft with a significant 15.98% growth, reflecting strong demand for larger homes.
Within Manimajra, property rates vary across different micro-markets. Phase-i Sector 1-19 averages ₹9,240 per sq ft, while Madhya Marg is priced similarly at ₹9,223 per sq ft. Phase-ii 20-30 offers a more affordable option at ₹4,336 per sq ft. These figures highlight distinct price points within the broader Manimajra locality.
Property Rental Trends in Manimajra, Chandigarh
In Manimajra, rental rates for apartments show a clear progression with size. A 1 BHK unit averages ₹16,000 per month, while a 2 BHK unit commands ₹20,451 per month. The demand for larger spaces is evident as 3 BHK apartments achieve an average monthly rent of ₹29,667.
Rental rates across Manimajra's locations show some variation. Sector 13 offers average rental rates of ₹19 per sq ft, while Sector 18 and Sector 33 are priced higher at ₹33 per sq ft. Other areas like Sector 21 and Sector 35 fall in between, with Sector 21 at ₹28 per sq ft and Sector 35 at ₹20 per sq ft.
Apartments are the dominant property type for rentals in Manimajra, with an average rental rate of ₹18 per sq ft. While this represents a 25% decrease year-on-year, apartments remain the primary focus for renters in the area.