Property Rates in Manimajra, Chandigarh

Manimajra's real estate market offers distinct pricing across property types. Villas are positioned at the higher end, commanding an average of ₹19,118 per sq ft, though they have seen a slight decrease of -0.8%. Apartments, a more common residential option, are priced at an average of ₹9,845 per sq ft, experiencing a notable adjustment of -11.16%. This differentiation caters to varied buyer preferences and investment strategies.

Within Manimajra, property rates vary significantly across sub-localities. Phase-i Sector 1-19 commands an average rate of ₹9,240 per sq ft, showing a 4.43% increase. In contrast, Phase-ii 20-30 offers properties at a more accessible average of ₹4,389 per sq ft, with no reported change. This wide range provides options for different budget segments, with Phase-i presenting a more premium offering.

Manimajra's residential rental market offers varied options across unit types. A 1 BHK apartment typically commands an average rent of ₹16,625 per month. For those seeking more space, 2 BHK apartments are available at an average of ₹19,638 per month. Larger families or those desiring extensive living areas can find 3 BHK apartments averaging ₹29,667 per month, all within the residential apartment segment.

Rental rates in Manimajra's surrounding areas exhibit diverse pricing. Sector 13 offers properties at an average rental rate of ₹19 per sq ft. Sector 18 stands out with a higher average rental rate of ₹33 per sq ft, indicating a premium demand. Meanwhile, Sector 21 maintains an average rental rate of ₹30 per sq ft, providing competitive options for tenants.

In Manimajra, apartments are the primary property type driving the rental market. These residential units command an average rental rate of ₹21 per sq ft. However, this segment has experienced a -12.5% change, reflecting market adjustments for apartments available for rent.