Property Rates in Phase-I Sector 1-19, Chandigarh

Property prices in Phase-I Sector 1-19, Chandigarh have shown an upward trend over the past year, with a notable increase from ₹8,600 per sq ft in June 2025 to ₹9,250 per sq ft in March 2026. The micromarket rate saw a significant jump from ₹8,600 per sq ft in June 2025 to ₹9,250 per sq ft in December 2025, before stabilizing. This sustained appreciation suggests growing demand or limited supply in the locality.

Property rates vary significantly across different sectors within Phase-I Sector 1-19, Chandigarh, with villas being the predominant property type in these micro-markets. As of March 2026, Sector 9 shows an average rate of ₹50,400 per sq ft, appreciating by 0.64%. Sector 8 has an average rate of ₹47,050 per sq ft, with a 2.35% appreciation. In contrast, Sector 10 has experienced a depreciation of 4.07%, with rates at ₹50,050 per sq ft. Sector 16 and Sector 15 offer more affordable options, with average rates of ₹38,600 per sq ft and ₹37,350 per sq ft respectively, showing appreciation of 1.5% and 3.35% respectively.

As of March 2026, the average price for apartments in Phase-I Sector 1-19, Chandigarh is ₹9,250 per sq ft. This segment has seen a positive appreciation of 4.43% over the past year, indicating a healthy demand for apartment living in the area.

In Phase-I Sector 1-19, Chandigarh, the projects with the highest listing rates as of March 2026 include Ireo Five River Floors at ₹5,600 per sq ft, followed by Ireo Five River Apartments at ₹4,250 per sq ft, and Shree Vardhman Green Space at ₹4,200 per sq ft. Essel Asha Panchkula is also listed with a rate of ₹2,250 per sq ft. These rates have shown no change percentage, indicating stability in their current pricing.

Rental rates in micromarkets surrounding Phase-I Sector 1-19, Chandigarh, show some variation. As of March 2026, Sector 18, Sector 8, Sector 21, Sector 13, Sector 33, Sector 44, Sector 35, and Sector 49 all report an average rental rate of ₹50 per sq ft with no change. However, Manimajra has seen a significant depreciation of 25%, with its average rental rate also at ₹50 per sq ft.

Rental rates across various sectors near Phase-I Sector 1-19, Chandigarh, are largely consistent at ₹50 per sq ft as of March 2026. Sectors like 18, 21, 13, 33, 44, 35, and 49 all show this average rate with no change percentage. Manimajra, however, has experienced a notable 25% depreciation in its rental rates, though it also stands at ₹50 per sq ft currently. This stability in most areas suggests a steady rental market, with Manimajra undergoing a correction.