Chandigarh
Sector 22 presents a stable real estate environment with current property valuations averaging ₹36,100 per sq ft. The market has shown fluctuations in recent quarters, moving from ₹32,650 in September 2025 to a peak of ₹37,450 in December 2025, before settling at its current level in early 2026. Rental activity is equally vibrant, with an average rental yield of 3.26% and office spaces fetching around ₹100 per sq ft. Residents and businesses benefit from the area's central location, which continues to influence demand across both residential and commercial segments.
As of June 2026, the average asking price in Sector 22 is ₹36,100 per sq ft. This figure reflects a depreciation of 3.66% compared to the previous period, indicating a recent market adjustment in this residential villa-focused locality.
Property prices in Sector 22 have shown a fluctuating trajectory, with the average asking price moving from ₹32,650 per sq ft in September 2025 to ₹37,450 per sq ft in December 2025, before settling at ₹36,100 per sq ft as of March 2026. This movement highlights the dynamic nature of the local real estate market, where demand and supply shifts influence pricing quarter-over-quarter.
Property rates in Sector 22, currently at ₹36,100 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Sector 34 and Sector 36 command higher rates at ₹44,700 per sq ft (up 6.22%) and ₹42,550 per sq ft (up 10.83%) respectively, while more affordable options can be found in Sector 32 at ₹29,350 per sq ft, which has seen a depreciation of 7.38% as of June 2026.
The rental yield in Sector 22 stands at 3.26% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of residential assets in the area alongside capital appreciation.
As of June 2026, the average rental rate in Sector 22 is ₹98 per sq ft, which has appreciated by 1.03% compared to the previous period. Specifically, office spaces in the locality are currently commanding an average rental rate of ₹100 per sq ft, also reflecting an appreciation of 1.03%.
As of June 2026, the average monthly rent for a 2 BHK apartment in Sector 22 is ₹31,150. This data point provides a clear benchmark for tenants looking for residential options in the area and helps landlords understand the prevailing market value for standard apartment configurations.
Rental rates in Sector 22, averaging ₹98 per sq ft, are significantly higher than many surrounding sectors which typically hover around ₹50 per sq ft. While areas like Sector 35, Sector 36, and Sector 33 maintain a stable rental rate of ₹50 per sq ft, Sector 38 has seen a notable appreciation of 35%, whereas Manimajra has experienced a depreciation of 25% as of June 2026.
Buyers interested in villas in Sector 22 should note that the average asking price is ₹36,100 per sq ft as of June 2026. The 3.66% depreciation observed in this segment suggests a period of price correction, which may offer a more favorable entry point for end-users compared to the peak pricing seen in previous quarters.
